2-bed · 996 sqftPark Ridge Tower C, Dubai Hills Estate · 13th floor · completed 2022

1308, Park Ridge Tower C

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

Unit 1308 · DLD and Ejari recordsUpdated 22 July 2022
Last soldAED 1.75M22 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1308, Park Ridge Tower C

What is 1308 worth today?

Last sold for AED 1,750,000 in 2022

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22 Jul 2022SoldReady
AED 1,750,000AED 1,757 per sqft
26 Jun 2018Sold by developerOff-plan
AED 1,476,888AED 1,483 per sqft

Source: Dubai Land Department. Updated 22 July 2022.

Key facts

Type
2-bed apartment
Size
996 sqft
Floor
13th of 22
Parking
B2-2467
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 20,800 /yr
Last sold
AED 1.75M · July 2022

About 1308, Park Ridge Tower C

1308 is a two-bedroom apartment of 996 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 22 July 2022 for AED 1,750,000, or AED 1,757 per sqft, 9% above the AED 1,616 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1308 over time

Sales
Unit 1308, each saleTypical two-bed in Park Ridge Tower C
1.5M2M2.5M2017202020232026Typical sale price by year: 2017 AED 1,490,888; 2018 AED 1,480,388; 2019 AED 1,476,888; 2020 AED 1,529,888; 2021 AED 1,574,395; 2022 AED 1,650,000; 2023 AED 2,000,000; 2024 AED 2,500,000; 2025 AED 2,560,000; 2026 AED 2,390,000Sold by developer, June 2018: AED 1,476,888 (AED 1,483 per sqft)Sold, July 2022: AED 1,750,000 (AED 1,757 per sqft)

1308 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1308, each contractTypical two-bed in Park Ridge Tower C
100K150K2021202320252027Typical rent by year: 2021 AED 90,000; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 140,000; 2025 AED 150,000; 2026 AED 130,000

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

2-beds in Park Ridge Tower C, and where 1308 sits

All 202 2-beds →

1308 last sold in July 2022 at AED 1,757 per sqft, 9% above what two-beds in Park Ridge Tower C were fetching at the time (AED 1,616). Over the last 12 months two-beds sold for AED 2,140,000 to 2,560,000, around AED 2,434 per sqft, and rent for AED 100,000 to 200,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20262,450,000
16 Oct 20262,140,000
10 Aug 202693,687
4 Jun 20262,380,000
10 2-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
13061-bedAED 800K · May 2019
13072-bedAED 1.48M · Dec 2018
1–7 of 20

1308, Park Ridge Tower C in numbers

  • Sold twice: first on 26 June 2018 for AED 1,476,888, last on 22 July 2022 for AED 1,750,000 (AED 1,757 per sqft).
  • Two-beds in Park Ridge Tower C sold for AED 2,140,000–2,560,000 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 22 July 2022.

Questions about 1308, Park Ridge Tower C

What did unit 1308 last sell for?

AED 1,750,000 on 22 July 2022: AED 1,757 per sqft for 996 sqft. The unit has 2 registered sales; the first was AED 1,476,888 in June 2018.

How big is unit 1308?

996 sqft (92.5 sqm): a two-bedroom apartment on the 13th floor of a 22-storey tower completed in 2022.

What is unit 1308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Park Ridge Tower C sold for AED 2,140,000 to 2,560,000 in the last 12 months, around AED 2,434 per sqft.

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Mortgage on 1308, Park Ridge Tower C

Starts from the last sale price (AED 1.75M, 22 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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