1-bed · 641 sqftPark Ridge Tower C, Dubai Hills Estate · 10th floor · completed 2022

1021, Park Ridge Tower C

Sold prices and rental history: sold once, by the developer in November 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1021 · DLD and Ejari recordsUpdated 23 November 2021
Last soldAED 1.15M23 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1021, Park Ridge Tower C

What is 1021 worth today?

Last sold for AED 1,148,888 in 2021

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23 Nov 2021Sold by developerReady
AED 1,148,888AED 1,792 per sqft

Source: Dubai Land Department. Updated 23 November 2021.

Key facts

Type
1-bed apartment
Size
641 sqft
Floor
10th of 22
Parking
B2-2547
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 13,400 /yr
Last sold
AED 1.15M · November 2021

About 1021, Park Ridge Tower C

1021 is a one-bedroom apartment of 641 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 23 November 2021 for AED 1,148,888, or AED 1,792 per sqft, 12% above the AED 1,596 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1021 over time

Sales
Unit 1021, each saleTypical one-bed in Park Ridge Tower C
1M1.5M2017202020232026Typical sale price by year: 2017 AED 958,888; 2018 AED 952,888; 2019 AED 964,888; 2020 AED 1,006,888; 2021 AED 850,000; 2022 AED 1,071,444; 2023 AED 1,230,000; 2024 AED 1,450,000; 2025 AED 1,550,000; 2026 AED 1,580,000Sold by developer, November 2021: AED 1,148,888 (AED 1,792 per sqft)

1021 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1021, each contractTypical one-bed in Park Ridge Tower C
60K80K100K2021202320252027Typical rent by year: 2021 AED 55,000; 2022 AED 60,000; 2023 AED 68,000; 2024 AED 86,000; 2025 AED 95,000; 2026 AED 90,000

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

1-beds in Park Ridge Tower C, and where 1021 sits

All 226 1-beds →

1021 last sold in November 2021 at AED 1,792 per sqft, 12% above what one-beds in Park Ridge Tower C were fetching at the time (AED 1,596). Over the last 12 months one-beds sold for AED 1,425,000 to 1,706,900, around AED 2,390 per sqft, and rent for AED 54,000 to 192,774 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 20261,425,000
13 Jul 20261,530,000
1 Jul 20261,690,000
10 Apr 20261,706,900
7 1-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

1021, Park Ridge Tower C in numbers

  • Sold once: by Dubai Hills Estate on 23 November 2021 for AED 1,148,888, or AED 1,792 per sqft.
  • One-beds in Park Ridge Tower C sold for AED 1,425,000–1,706,900 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 23 November 2021.

Questions about 1021, Park Ridge Tower C

What did unit 1021 last sell for?

AED 1,148,888 on 23 November 2021, sold by the developer: AED 1,792 per sqft for 641 sqft. It is the only registered sale of the unit.

How big is unit 1021?

641 sqft (59.6 sqm): a one-bedroom apartment on the 10th floor of a 22-storey tower completed in 2022.

What is unit 1021 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Ridge Tower C sold for AED 1,425,000 to 1,706,900 in the last 12 months, around AED 2,390 per sqft.

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Mortgage on 1021, Park Ridge Tower C

Starts from the last sale price (AED 1.15M, 23 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,148,888
Deposit, UAE resident (20%)
AED 229,778
Deposit, non-resident (40%)
AED 459,555
Monthly over 25 years at 3.7%
AED 4,700

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