3-bed · 1,576 sqftPark Ridge Tower C, Dubai Hills Estate · 12th floor · completed 2022

1217, Park Ridge Tower C

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1217 · DLD and Ejari recordsUpdated 27 February 2025
Last soldAED 2.64M18 November 2022
Current rentAED 190K /yr27 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1217, Park Ridge Tower C

What is 1217 worth today?

Last sold for AED 2,638,000 in 2022

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27 Feb 2025RentedRenewal
AED 190,000/yr12 months · AED 121 per sqft
27 Feb 2025RentedRenewal
AED 190,000/yr12 months · AED 121 per sqft
27 Feb 2024RentedRenewal
AED 190,000/yr12 months · AED 121 per sqft
27 Feb 2023RentedNew contract
AED 190,000/yr12 months · AED 121 per sqft
18 Nov 2022SoldReady
AED 2,638,000AED 1,674 per sqft
7 Mar 2022Sold by developerReady
AED 2,586,744AED 1,641 per sqft

Source: Dubai Land Department. Updated 27 February 2025.

Key facts

Type
3-bed apartment
Size
1,576 sqft
Floor
12th of 22
Parking
B1-1026, B1-1027
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 32,900 /yr
Last sold
AED 2.64M · November 2022

About 1217, Park Ridge Tower C

1217 is a three-bedroom apartment of 1,576 sqft on the 12th 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 18 November 2022 for AED 2,638,000, or AED 1,674 per sqft, in line with the AED 1,643 three-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 27 February 2025, is AED 190,000 a year: a gross yield of 7.2% on the 2022 price, before the service charge of about AED 32,900 a year.

Sales and rents for 1217 over time

Sales
Unit 1217, 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, March 2022: AED 2,586,744 (AED 1,641 per sqft)Sold, November 2022: AED 2,638,000 (AED 1,674 per sqft)

1217 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1217, each contractTypical three-bed in Park Ridge Tower C
150K200K2021202320252027Typical 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, February 2023: AED 190,000 a yearRenewal, February 2024: AED 190,000 a yearRenewal, February 2025: AED 190,000 a yearRenewal, February 2025: AED 190,000 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 1217 sits

All 48 3-beds →

1217 last sold in November 2022 at AED 1,674 per sqft, in line with 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. 1217's AED 190,000 is in the lower 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 12th floor

All 476 units in Park Ridge Tower C
Value
12011-bedAED 1.25M · Nov 2022
12021-bedAED 957K · Sep 2018
12031-bedAED 950K · Feb 2019
12041-bedAED 958K · Mar 2019
12051-bedAED 1.55M · Jan 2026
12061-bedAED 1M · Apr 2018
12072-bedAED 1.47M · Mar 2019
1–7 of 20

1217, Park Ridge Tower C in numbers

  • Sold twice: first on 7 March 2022 for AED 2,586,744, last on 18 November 2022 for AED 2,638,000 (AED 1,674 per sqft).
  • Rented since February 2023 on 4 Ejari contracts, at AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2022 price is 7.2%, 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 27 February 2025.

Questions about 1217, Park Ridge Tower C

What did unit 1217 last sell for?

AED 2,638,000 on 18 November 2022: AED 1,674 per sqft for 1,576 sqft. The unit has 2 registered sales; the first was AED 2,586,744 in March 2022.

What is the rent for unit 1217?

AED 190,000 a year on the contract renewed on 27 February 2025. The previous contract, from February 2025, was AED 190,000; the unit has been rented since February 2023.

How big is unit 1217?

1,576 sqft (146.4 sqm): a three-bedroom apartment on the 12th floor of a 22-storey tower completed in 2022.

What is unit 1217 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 1217, Park Ridge Tower C

Starts from the last sale price (AED 2.64M, 18 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,638,000
Deposit, UAE resident (20%)
AED 527,600
Deposit, non-resident (40%)
AED 1,055,200
Monthly over 25 years at 3.7%
AED 10,793

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