3-bed · 1,575 sqftPark Ridge Tower C, Dubai Hills Estate · 1st floor · completed 2022

118, Park Ridge Tower C

Sold prices and rental history: sold twice, last in April 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 15 September 2026
Last soldAED 2.38M20 April 2022
Current rentAED 260K /yr15 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 118, Park Ridge Tower C

What is 118 worth today?

Last sold for AED 2,380,000 in 2022

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15 Sep 2026RentedRenewal
AED 260,000/yr12 months · AED 165 per sqft
15 Sep 2025RentedNew contract
AED 260,000/yr12 months · AED 165 per sqft
26 Feb 2025RentedRenewal
AED 250,000/yr12 months · AED 159 per sqft
26 Feb 2025RentedRenewal
AED 250,000/yr12 months · AED 159 per sqft
26 Feb 2024RentedNew contract
AED 250,000/yr12 months · AED 159 per sqft
13 May 2023RentedNew contract
AED 225,000/yr12 months · AED 143 per sqft
1 Aug 2022RentedNew contract
AED 225,000/yr12 months · AED 143 per sqft
20 Apr 2022SoldReady
AED 2,380,000AED 1,511 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type
3-bed apartment
Size
1,575 sqft
Floor
1st of 22
Parking
B1-1018, B1-1019
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 32,900 /yr
Last sold
AED 2.38M · April 2022

About 118, Park Ridge Tower C

118 is a three-bedroom apartment of 1,575 sqft on the 1st floor of Park Ridge Tower C, a 22-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 20 April 2022 for AED 2,380,000, or AED 1,511 per sqft, 8% below the AED 1,643 three-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 7 Ejari contracts. The current contract, renewed on 15 September 2026, is AED 260,000 a year: a gross yield of 10.9% on the 2022 price, before the service charge of about AED 32,900 a year.

Sales and rents for 118 over time

Sales
Unit 118, each saleTypical three-bed in Park Ridge Tower C
3M4M2018202120242027Typical sale price by year: 2018 AED 2,496,888; 2019 AED 2,464,888; 2021 AED 2,670,388; 2022 AED 2,680,888; 2023 AED 3,452,500; 2024 AED 3,400,000; 2025 AED 3,937,500; 2026 AED 3,950,000Sold by developer, November 2018: AED 2,385,888 (AED 1,514 per sqft)Sold, April 2022: AED 2,380,000 (AED 1,511 per sqft)

118 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 118, each contractTypical three-bed in Park Ridge Tower C
200K2021202320252027Typical rent by year: 2021 AED 145,000; 2022 AED 155,000; 2023 AED 190,000; 2024 AED 215,000; 2025 AED 232,500; 2026 AED 205,000New contract, August 2022: AED 225,000 a yearNew contract, May 2023: AED 225,000 a yearNew contract, February 2024: AED 250,000 a yearRenewal, February 2025: AED 250,000 a yearRenewal, February 2025: AED 250,000 a yearNew contract, September 2025: AED 260,000 a yearRenewal, September 2026: AED 260,000 a year

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

3-beds in Park Ridge Tower C, and where 118 sits

All 48 3-beds →

118 last sold in April 2022 at AED 1,511 per sqft, 8% below what three-beds in Park Ridge Tower C were fetching at the time (AED 1,643). Over the last 12 months three-beds sold for AED 3,850,000 to 4,050,000, around AED 2,508 per sqft, and rent for AED 180,000 to 270,000 a year. 118's AED 260,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Jul 20263,900,000
5 Jun 20264,050,000
22 Jan 20263,850,000
19 Jan 20264,000,000
4 3-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 1st floor

All 476 units in Park Ridge Tower C
Value
1011-bedAED 908K · Aug 2018
1021-bedAED 1.2M · Aug 2023
1031-bedAED 895K · Jul 2019
1041-bedAED 903K · Sep 2018
1051-bedAED 898K · Mar 2019
1061-bedAED 1.45M · Jun 2023
1072-bedAED 1.59M · Jul 2021
1–7 of 20

118, Park Ridge Tower C in numbers

  • Sold twice: first on 13 November 2018 for AED 2,385,888, last on 20 April 2022 for AED 2,380,000 (AED 1,511 per sqft).
  • Rented since August 2022 on 7 Ejari contracts, from AED 225,000 to AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2022 price is 10.9%, before a service charge of about AED 32,900 a year (AED 20.90 per sqft).
  • Three-beds in Park Ridge Tower C sold for AED 3,850,000–4,050,000 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 15 September 2026.

Questions about 118, Park Ridge Tower C

What did unit 118 last sell for?

AED 2,380,000 on 20 April 2022: AED 1,511 per sqft for 1,575 sqft. The unit has 2 registered sales; the first was AED 2,385,888 in November 2018.

What is the rent for unit 118?

AED 260,000 a year on the contract renewed on 15 September 2026. The previous contract, from September 2025, was AED 260,000; the unit has been rented since August 2022.

How big is unit 118?

1,575 sqft (146.3 sqm): a three-bedroom apartment on the 1st floor of a 22-storey tower completed in 2022.

What is unit 118 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Park Ridge Tower C sold for AED 3,850,000 to 4,050,000 in the last 12 months, around AED 2,508 per sqft.

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Mortgage on 118, Park Ridge Tower C

Starts from the last sale price (AED 2.38M, 20 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,380,000
Deposit, UAE resident (20%)
AED 476,000
Deposit, non-resident (40%)
AED 952,000
Monthly over 25 years at 3.7%
AED 9,737

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