2-bed · 989 sqftPark Ridge Tower C, Dubai Hills Estate · 15th floor · completed 2022

1507, Park Ridge Tower C

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1507 · DLD and Ejari recordsUpdated 31 July 2026
Last soldAED 2.7M9 May 2024
Current rentAED 150K /yr31 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1507, Park Ridge Tower C

What is 1507 worth today?

Last sold for AED 2,700,000 in 2024

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31 Jul 2026RentedNew contract
AED 150,000/yr12 months · AED 151 per sqft
26 Mar 2025RentedNew contract
AED 195,000/yr12 months · AED 197 per sqft
26 Mar 2025RentedNew contract
AED 195,000/yr12 months · AED 197 per sqft
9 May 2024SoldReady
AED 2,700,000AED 2,729 per sqft
12 Jul 2023SoldReady
AED 1,451,000AED 1,466 per sqft
15 Mar 2022RentedNew contract
AED 90,000/yr12 months · AED 91 per sqft
16 May 2019Sold by developerOff-plan
AED 1,481,888AED 1,498 per sqft

Source: Dubai Land Department. Updated 31 July 2026.

Key facts

Type
2-bed apartment
Size
989 sqft
Floor
15th of 22
Parking
B2-2463
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 20,700 /yr
Last sold
AED 2.7M · May 2024

About 1507, Park Ridge Tower C

1507 is a two-bedroom apartment of 989 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 9 May 2024 for AED 2,700,000, or AED 2,729 per sqft, 26% above the AED 2,160 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 31 July 2026, is AED 150,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 20,700 a year.

Sales and rents for 1507 over time

Sales
Unit 1507, each saleTypical two-bed in Park Ridge Tower C
2M2017202020232026Typical 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, May 2019: AED 1,481,888 (AED 1,498 per sqft)Sold, July 2023: AED 1,451,000 (AED 1,466 per sqft)Sold, May 2024: AED 2,700,000 (AED 2,729 per sqft)

1507 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1507, each contractTypical two-bed in Park Ridge Tower C
100K150K200K2021202320252027Typical 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 130,000New contract, March 2022: AED 90,000 a yearNew contract, March 2025: AED 195,000 a yearNew contract, March 2025: AED 195,000 a yearNew contract, July 2026: AED 150,000 a year

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 1507 sits

All 202 2-beds →

1507 last sold in May 2024 at AED 2,729 per sqft, 26% above what two-beds in Park Ridge Tower C were fetching at the time (AED 2,160). 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. 1507's AED 150,000 is in the upper half of that range.

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 15th floor

All 476 units in Park Ridge Tower C
Value
15011-bedAED 970K · May 2019
15021-bedAED 1.59M · Mar 2025
15031-bedAED 956K · Mar 2019
15041-bedAED 1.45M · Sep 2024
15051-bedAED 1.3M · Jan 2024
15061-bedAED 1.01M · Nov 2017
15082-bedAED 1.48M · May 2019
1–7 of 20

1507, Park Ridge Tower C in numbers

  • Sold 3 times: first on 16 May 2019 for AED 1,481,888, last on 9 May 2024 for AED 2,700,000 (AED 2,729 per sqft).
  • Rented since March 2022 on 4 Ejari contracts, from AED 90,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 20,700 a year (AED 20.90 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 31 July 2026.

Questions about 1507, Park Ridge Tower C

What did unit 1507 last sell for?

AED 2,700,000 on 9 May 2024: AED 2,729 per sqft for 989 sqft. The unit has 3 registered sales; the first was AED 1,481,888 in May 2019.

What is the rent for unit 1507?

AED 150,000 a year on the contract signed on 31 July 2026. The previous contract, from March 2025, was AED 195,000; the unit has been rented since March 2022.

How big is unit 1507?

989 sqft (91.9 sqm): a two-bedroom apartment on the 15th floor of a 22-storey tower completed in 2022.

What is unit 1507 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 1507, Park Ridge Tower C

Starts from the last sale price (AED 2.7M, 9 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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