1-bed · 648 sqftPark Ridge Tower C, Dubai Hills Estate · 15th floor · completed 2022

1502, Park Ridge Tower C

Sold prices and rental history: sold 4 times, last in March 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 20 March 2025
Last soldAED 1.59M20 March 2025
Current rentAED 112K /yr10 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Park Ridge Tower C

What is 1502 worth today?

Last sold for AED 1,590,000 in 2025

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20 Mar 2025SoldReady
AED 1,590,000AED 2,452 per sqft
10 Feb 2024RentedNew contract
AED 112,000/yr12 months · AED 173 per sqft
7 Jun 2023SoldReady
AED 650,000AED 1,002 per sqft
9 May 2023SoldReady
AED 1,060,000AED 1,634 per sqft
10 Mar 2022RentedNew contract
AED 57,000/yr12 months · AED 88 per sqft
24 Dec 2018Sold by developerOff-plan
AED 961,888AED 1,483 per sqft

Source: Dubai Land Department. Updated 20 March 2025.

Key facts

Type
1-bed apartment
Size
648 sqft
Floor
15th of 22
Parking
B1-1111
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 13,600 /yr
Last sold
AED 1.59M · March 2025

About 1502, Park Ridge Tower C

1502 is a one-bedroom apartment of 648 sqft on the 15th 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 20 March 2025 for AED 1,590,000, or AED 2,452 per sqft, 8% above the AED 2,271 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 10 February 2024, is AED 112,000 a year: a gross yield of 7.0% on the 2025 price, before the service charge of about AED 13,600 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, each saleTypical one-bed in Park Ridge Tower C
500K1M1.5M2017202020232026Typical 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, December 2018: AED 961,888 (AED 1,483 per sqft)Sold, May 2023: AED 1,060,000 (AED 1,634 per sqft)Sold, June 2023: AED 650,000 (AED 1,002 per sqft)Sold, March 2025: AED 1,590,000 (AED 2,452 per sqft)

1502 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1502, each contractTypical one-bed in Park Ridge Tower C
50K100K2021202320252027Typical 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 90,000New contract, March 2022: AED 57,000 a yearNew contract, February 2024: AED 112,000 a year

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 1502 sits

All 226 1-beds →

1502 last sold in March 2025 at AED 2,452 per sqft, 8% above what one-beds in Park Ridge Tower C were fetching at the time (AED 2,271). 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. 1502's AED 112,000 is in the lower half of that range.

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 15th floor

All 476 units in Park Ridge Tower C
Value
15011-bedAED 970K · May 2019
15031-bedAED 956K · Mar 2019
15041-bedAED 1.45M · Sep 2024
15051-bedAED 1.3M · Jan 2024
15061-bedAED 1.01M · Nov 2017
15072-bedAED 2.7M · May 2024
15082-bedAED 1.48M · May 2019
1–7 of 20

1502, Park Ridge Tower C in numbers

  • Sold 4 times: first on 24 December 2018 for AED 961,888, last on 20 March 2025 for AED 1,590,000 (AED 2,452 per sqft).
  • Rented since March 2022 on 2 Ejari contracts, from AED 57,000 to AED 112,000 a year.
  • At AED 112,000 a year the gross yield on the 2025 price is 7.0%, before a service charge of about AED 13,600 a year (AED 20.90 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 20 March 2025.

Questions about 1502, Park Ridge Tower C

What did unit 1502 last sell for?

AED 1,590,000 on 20 March 2025: AED 2,452 per sqft for 648 sqft. The unit has 4 registered sales; the first was AED 961,888 in December 2018.

What is the rent for unit 1502?

AED 112,000 a year on the contract signed on 10 February 2024. The previous contract, from March 2022, was AED 57,000.

How big is unit 1502?

648 sqft (60.2 sqm): a one-bedroom apartment on the 15th floor of a 22-storey tower completed in 2022.

What is unit 1502 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 1502, Park Ridge Tower C

Starts from the last sale price (AED 1.59M, 20 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,590,000
Deposit, UAE resident (20%)
AED 318,000
Deposit, non-resident (40%)
AED 636,000
Monthly over 25 years at 3.7%
AED 6,505

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