1-bed · 647 sqftPark Ridge Tower C, Dubai Hills Estate · 13th floor · completed 2022

1306, Park Ridge Tower C

Sold prices and rental history: sold twice, last in May 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1306 · DLD and Ejari recordsUpdated 29 May 2019
Last soldAED 800K29 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1306, Park Ridge Tower C

What is 1306 worth today?

Last sold for AED 800,000 in 2019

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29 May 2019SoldOff-plan
AED 800,000AED 1,236 per sqft
18 Oct 2017Sold by developerOff-plan
AED 1,003,888AED 1,551 per sqft

Source: Dubai Land Department. Updated 29 May 2019.

Key facts

Type
1-bed apartment
Size
647 sqft
Floor
13th of 22
Parking
B1-1053
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 13,500 /yr
Last sold
AED 800K · May 2019

About 1306, Park Ridge Tower C

1306 is a one-bedroom apartment of 647 sqft on the 13th 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 29 May 2019 for AED 800,000, or AED 1,236 per sqft, 16% below the AED 1,467 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1306 over time

Sales
Unit 1306, 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, October 2017: AED 1,003,888 (AED 1,551 per sqft)Sold, May 2019: AED 800,000 (AED 1,236 per sqft)

1306 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1306, 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 1306 sits

All 226 1-beds →

1306 last sold in May 2019 at AED 1,236 per sqft, 16% below what one-beds in Park Ridge Tower C were fetching at the time (AED 1,467). 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 13th floor

All 476 units in Park Ridge Tower C
Value
13011-bedAED 1M · Feb 2024
13021-bedAED 770K · Sep 2021
13031-bedAED 1.61M · Jan 2026
13041-bedAED 981K · Jan 2019
13051-bedAED 955K · Jun 2018
13072-bedAED 1.48M · Dec 2018
13082-bedAED 1.75M · Jul 2022
1–7 of 20

1306, Park Ridge Tower C in numbers

  • Sold twice: first on 18 October 2017 for AED 1,003,888, last on 29 May 2019 for AED 800,000 (AED 1,236 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 29 May 2019.

Questions about 1306, Park Ridge Tower C

What did unit 1306 last sell for?

AED 800,000 on 29 May 2019: AED 1,236 per sqft for 647 sqft. The unit has 2 registered sales; the first was AED 1,003,888 in October 2017.

How big is unit 1306?

647 sqft (60.1 sqm): a one-bedroom apartment on the 13th floor of a 22-storey tower completed in 2022.

What is unit 1306 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 1306, Park Ridge Tower C

Starts from the last sale price (AED 800K, 29 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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