2-bed · 995 sqftPark Ridge Tower C, Dubai Hills Estate · 13th floor · completed 2022

1309, Park Ridge Tower C

Sold prices and rental history: sold once, by the developer in December 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1309 · DLD and Ejari recordsUpdated 5 December 2021
Last soldAED 1.66M5 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1309, Park Ridge Tower C

What is 1309 worth today?

Last sold for AED 1,662,394 in 2021

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5 Dec 2021Sold by developerReady
AED 1,662,394AED 1,671 per sqft

Source: Dubai Land Department. Updated 5 December 2021.

Key facts

Type
2-bed apartment
Size
995 sqft
Floor
13th of 22
Parking
B2-2458
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 20,800 /yr
Last sold
AED 1.66M · December 2021

About 1309, Park Ridge Tower C

1309 is a two-bedroom apartment of 995 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. The developer sold it on 5 December 2021 for AED 1,662,394, or AED 1,671 per sqft, 7% above the AED 1,568 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1309 over time

Sales
Unit 1309, 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, December 2021: AED 1,662,394 (AED 1,671 per sqft)

1309 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1309, 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 1309 sits

All 202 2-beds →

1309 last sold in December 2021 at AED 1,671 per sqft, 7% above what two-beds in Park Ridge Tower C were fetching at the time (AED 1,568). 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

1309, Park Ridge Tower C in numbers

  • Sold once: by Dubai Hills Estate on 5 December 2021 for AED 1,662,394, or AED 1,671 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 5 December 2021.

Questions about 1309, Park Ridge Tower C

What did unit 1309 last sell for?

AED 1,662,394 on 5 December 2021, sold by the developer: AED 1,671 per sqft for 995 sqft. It is the only registered sale of the unit.

How big is unit 1309?

995 sqft (92.4 sqm): a two-bedroom apartment on the 13th floor of a 22-storey tower completed in 2022.

What is unit 1309 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 1309, Park Ridge Tower C

Starts from the last sale price (AED 1.66M, 5 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,662,394
Deposit, UAE resident (20%)
AED 332,479
Deposit, non-resident (40%)
AED 664,958
Monthly over 25 years at 3.7%
AED 6,801

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