1-bed · 641 sqftPark Ridge Tower C, Dubai Hills Estate · 12th floor · completed 2022

1221, Park Ridge Tower C

Sold prices and rental history: sold 3 times, last in January 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1221 · DLD and Ejari recordsUpdated 5 January 2022
Last soldAED 1.05M5 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1221, Park Ridge Tower C

What is 1221 worth today?

Last sold for AED 1,050,000 in 2022

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5 Jan 2022SoldReady
AED 1,050,000AED 1,637 per sqft
10 May 2021SoldOff-plan
AED 775,000AED 1,224 per sqft
20 Mar 2018Sold by developerOff-plan
AED 973,888AED 1,538 per sqft

Source: Dubai Land Department. Updated 5 January 2022.

Key facts

Type
1-bed apartment
Size
641 sqft
Floor
12th of 22
Parking
B2-2473
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 13,400 /yr
Last sold
AED 1.05M · January 2022

About 1221, Park Ridge Tower C

1221 is a one-bedroom apartment of 641 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 5 January 2022 for AED 1,050,000, or AED 1,637 per sqft, 19% above the AED 1,381 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1221 over time

Sales
Unit 1221, 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, March 2018: AED 973,888 (AED 1,538 per sqft)Sold, May 2021: AED 775,000 (AED 1,224 per sqft)Sold, January 2022: AED 1,050,000 (AED 1,637 per sqft)

1221 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1221, 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 1221 sits

All 226 1-beds →

1221 last sold in January 2022 at AED 1,637 per sqft, 19% above what one-beds in Park Ridge Tower C were fetching at the time (AED 1,381). 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 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

1221, Park Ridge Tower C in numbers

  • Sold 3 times: first on 20 March 2018 for AED 973,888, last on 5 January 2022 for AED 1,050,000 (AED 1,637 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 5 January 2022.

Questions about 1221, Park Ridge Tower C

What did unit 1221 last sell for?

AED 1,050,000 on 5 January 2022: AED 1,637 per sqft for 641 sqft. The unit has 3 registered sales; the first was AED 973,888 in March 2018.

How big is unit 1221?

641 sqft (59.6 sqm): a one-bedroom apartment on the 12th floor of a 22-storey tower completed in 2022.

What is unit 1221 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 1221, Park Ridge Tower C

Starts from the last sale price (AED 1.05M, 5 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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