2-bed · 1,003 sqftPark Ridge Tower C, Dubai Hills Estate · 10th floor · completed 2022

1016, Park Ridge Tower C

Sold prices and rental history: sold once, by the developer in January 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1016 · DLD and Ejari recordsUpdated 8 September 2026
Last soldAED 1.34M4 January 2018
Current rentAED 170K /yr8 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1016, Park Ridge Tower C

What is 1016 worth today?

Last sold for AED 1,338,888 in 2018

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8 Sep 2026RentedRenewal
AED 170,112/yr2 months · AED 170 per sqft
8 Sep 2025RentedNew contract
AED 170,000/yr12 months · AED 170 per sqft
20 Nov 2023RentedRenewal
AED 103,500/yr12 months · AED 103 per sqft
20 Nov 2022RentedRenewal
AED 90,000/yr12 months · AED 90 per sqft
20 Nov 2021RentedNew contract
AED 90,000/yr12 months · AED 90 per sqft
4 Jan 2018Sold by developerOff-plan
AED 1,338,888AED 1,335 per sqft

Source: Dubai Land Department. Updated 8 September 2026.

Key facts

Type
2-bed apartment
Size
1,003 sqft
Floor
10th of 22
Parking
B2-2373
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 21,000 /yr
Last sold
AED 1.34M · January 2018

About 1016, Park Ridge Tower C

1016 is a two-bedroom apartment of 1,003 sqft on the 10th floor of Park Ridge Tower C, a 22-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. The developer sold it on 4 January 2018 for AED 1,338,888, or AED 1,335 per sqft, 10% below the AED 1,491 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 8 September 2026, is AED 170,112 a year: a gross yield of 12.7% on the 2018 price, before the service charge of about AED 21,000 a year.

Sales and rents for 1016 over time

Sales
Unit 1016, each saleTypical two-bed in Park Ridge Tower C
2M2017202020232026Typical sale price by year: 2017 AED 1,490,888; 2018 AED 1,480,388; 2019 AED 1,476,888; 2020 AED 1,529,888; 2021 AED 1,574,395; 2022 AED 1,650,000; 2023 AED 2,000,000; 2024 AED 2,500,000; 2025 AED 2,560,000; 2026 AED 2,390,000Sold by developer, January 2018: AED 1,338,888 (AED 1,335 per sqft)

1016 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1016, each contractTypical two-bed in Park Ridge Tower C
100K150K2021202320252027Typical rent by year: 2021 AED 90,000; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 140,000; 2025 AED 150,000; 2026 AED 130,000New contract, November 2021: AED 90,000 a yearRenewal, November 2022: AED 90,000 a yearRenewal, November 2023: AED 103,500 a yearNew contract, September 2025: AED 170,000 a yearRenewal, September 2026: AED 170,112 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Park Ridge Tower C, and where 1016 sits

All 202 2-beds →

1016 last sold in January 2018 at AED 1,335 per sqft, 10% below what two-beds in Park Ridge Tower C were fetching at the time (AED 1,491). Over the last 12 months two-beds sold for AED 2,140,000 to 2,560,000, around AED 2,434 per sqft, and rent for AED 100,000 to 200,000 a year. 1016's AED 170,112 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20262,450,000
16 Oct 20262,140,000
10 Aug 202693,687
4 Jun 20262,380,000
10 2-bed sales in the last 12 months

Park Ridge Tower C

Building

476 apartments, 1-bed to 3-bed over 22 floors in Dubai Hills Estate, completed in 2022 by Dubai Hills Estate. 21 sold in the last 12 months.

Typical price per sqft
AED 2,445 Up 1.4%
Typical sale
AED 2.38M
Typical rent
AED 110K /yr
Typical yield
5.5%
Park Ridge Tower C, Dubai Hills Estate: prices, sales and rents →

Other units on the 10th floor

All 476 units in Park Ridge Tower C
Value
10011-bedAED 960K · Jun 2019
10021-bedAED 1.15M · Jul 2023
10031-bedAED 947K · Jun 2018
10041-bedAED 974K · Feb 2019
10051-bedAED 1.12M · Nov 2021
10061-bedAED 1.75M · Jan 2025
10072-bedAED 1.61M · Nov 2019
1–7 of 20

1016, Park Ridge Tower C in numbers

  • Sold once: by Dubai Hills Estate on 4 January 2018 for AED 1,338,888, or AED 1,335 per sqft.
  • Rented since November 2021 on 5 Ejari contracts, from AED 90,000 to AED 170,112 a year.
  • At AED 170,112 a year the gross yield on the 2018 price is 12.7%, before a service charge of about AED 21,000 a year (AED 20.90 per sqft).
  • Two-beds in Park Ridge Tower C sold for AED 2,140,000–2,560,000 in the 12 months to November 2026; the building's median across all types is AED 2,445 per sqft.

Source: Dubai Land Department. Updated 8 September 2026.

Questions about 1016, Park Ridge Tower C

What did unit 1016 last sell for?

AED 1,338,888 on 4 January 2018, sold by the developer: AED 1,335 per sqft for 1,003 sqft. It is the only registered sale of the unit.

What is the rent for unit 1016?

AED 170,112 a year on the contract renewed on 8 September 2026. The previous contract, from September 2025, was AED 170,000; the unit has been rented since November 2021.

How big is unit 1016?

1,003 sqft (93.2 sqm): a two-bedroom apartment on the 10th floor of a 22-storey tower completed in 2022.

What is unit 1016 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Park Ridge Tower C sold for AED 2,140,000 to 2,560,000 in the last 12 months, around AED 2,434 per sqft.

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Mortgage on 1016, Park Ridge Tower C

Starts from the last sale price (AED 1.34M, 4 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,338,888
Deposit, UAE resident (20%)
AED 267,778
Deposit, non-resident (40%)
AED 535,555
Monthly over 25 years at 3.7%
AED 5,478

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →