2-bed · 987 sqftPark Ridge Tower C, Dubai Hills Estate · 15th floor · completed 2022

1514, Park Ridge Tower C

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

Unit 1514 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 2.5M5 December 2024
Current rentAED 165K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1514, Park Ridge Tower C

What is 1514 worth today?

Last sold for AED 2,500,000 in 2024

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1 Jul 2025RentedNew contract
AED 165,000/yr12 months · AED 167 per sqft
1 Jul 2025RentedNew contract
AED 165,000/yr12 months · AED 167 per sqft
5 Dec 2024SoldReady
AED 2,500,000AED 2,533 per sqft
5 Aug 2024SoldReady
AED 2,100,000AED 2,128 per sqft
1 Apr 2024RentedRenewal
AED 129,231/yr13 months · AED 132 per sqft
1 Mar 2023RentedRenewal
AED 96,000/yr13 months · AED 98 per sqft
1 Feb 2022RentedNew contract
AED 88,000/yr13 months · AED 89 per sqft
25 Mar 2019Sold by developerOff-plan
AED 1,345,888AED 1,363 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
2-bed apartment
Size
987 sqft
Floor
15th of 22
Parking
B2-2379
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 20,600 /yr
Last sold
AED 2.5M · December 2024

About 1514, Park Ridge Tower C

1514 is a two-bedroom apartment of 987 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 5 December 2024 for AED 2,500,000, or AED 2,533 per sqft, 7% above the AED 2,370 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 1 July 2025, is AED 165,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 20,600 a year.

Sales and rents for 1514 over time

Sales
Unit 1514, 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, March 2019: AED 1,345,888 (AED 1,363 per sqft)Sold, August 2024: AED 2,100,000 (AED 2,128 per sqft)Sold, December 2024: AED 2,500,000 (AED 2,533 per sqft)

1514 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1514, 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 130,000New contract, February 2022: AED 88,000 a yearRenewal, March 2023: AED 96,000 a yearRenewal, April 2024: AED 129,231 a yearNew contract, July 2025: AED 165,000 a yearNew contract, July 2025: AED 165,000 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 1514 sits

All 202 2-beds →

1514 last sold in December 2024 at AED 2,533 per sqft, 7% above what two-beds in Park Ridge Tower C were fetching at the time (AED 2,370). 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. 1514's AED 165,000 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
15072-bedAED 2.7M · May 2024
1–7 of 20

1514, Park Ridge Tower C in numbers

  • Sold 3 times: first on 25 March 2019 for AED 1,345,888, last on 5 December 2024 for AED 2,500,000 (AED 2,533 per sqft).
  • Rented since February 2022 on 5 Ejari contracts, from AED 88,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2024 price is 6.6%, before a service charge of about AED 20,600 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 1 July 2025.

Questions about 1514, Park Ridge Tower C

What did unit 1514 last sell for?

AED 2,500,000 on 5 December 2024: AED 2,533 per sqft for 987 sqft. The unit has 3 registered sales; the first was AED 1,345,888 in March 2019.

What is the rent for unit 1514?

AED 165,000 a year on the contract signed on 1 July 2025. The previous contract, from July 2025, was AED 165,000; the unit has been rented since February 2022.

How big is unit 1514?

987 sqft (91.7 sqm): a two-bedroom apartment on the 15th floor of a 22-storey tower completed in 2022.

What is unit 1514 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 1514, Park Ridge Tower C

Starts from the last sale price (AED 2.5M, 5 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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