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

1515, Park Ridge Tower C

Sold prices and rental history: sold 3 times, last in February 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1515 · DLD and Ejari recordsUpdated 24 February 2025
Last soldAED 2.44M24 February 2025
Current rentAED 95K /yr2 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1515, Park Ridge Tower C

What is 1515 worth today?

Last sold for AED 2,435,000 in 2025

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24 Feb 2025SoldReady
AED 2,435,000AED 2,461 per sqft
10 May 2023SoldReady
AED 1,775,000AED 1,794 per sqft
2 Feb 2023RentedNew contract
AED 94,753/yr11 months · AED 96 per sqft
1 Feb 2023RentedRenewal
AED 94,753/yr11 months · AED 97 per sqft
1 Feb 2022RentedNew contract
AED 90,000/yr12 months · AED 91 per sqft
16 Aug 2020Sold by developerOff-plan
AED 1,345,888AED 1,360 per sqft

Source: Dubai Land Department. Updated 24 February 2025.

Key facts

Type
2-bed apartment
Size
989 sqft
Floor
15th of 22
Parking
B2-2378
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 20,700 /yr
Last sold
AED 2.44M · February 2025

About 1515, Park Ridge Tower C

1515 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 24 February 2025 for AED 2,435,000, or AED 2,461 per sqft, in line with the AED 2,527 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 2 February 2023, is AED 94,753 a year: a gross yield of 3.9% on the 2025 price, before the service charge of about AED 20,700 a year.

Sales and rents for 1515 over time

Sales
Unit 1515, 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, August 2020: AED 1,345,888 (AED 1,360 per sqft)Sold, May 2023: AED 1,775,000 (AED 1,794 per sqft)Sold, February 2025: AED 2,435,000 (AED 2,461 per sqft)

1515 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1515, 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 90,000 a yearNew contract, February 2023: AED 94,753 a yearRenewal, February 2023: AED 94,753 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 1515 sits

All 202 2-beds →

1515 last sold in February 2025 at AED 2,461 per sqft, in line with what two-beds in Park Ridge Tower C were fetching at the time (AED 2,527). 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. 1515's AED 94,753 is at the bottom 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

1515, Park Ridge Tower C in numbers

  • Sold 3 times: first on 16 August 2020 for AED 1,345,888, last on 24 February 2025 for AED 2,435,000 (AED 2,461 per sqft).
  • Rented since February 2022 on 3 Ejari contracts, from AED 90,000 to AED 94,753 a year.
  • At AED 94,753 a year the gross yield on the 2025 price is 3.9%, 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 24 February 2025.

Questions about 1515, Park Ridge Tower C

What did unit 1515 last sell for?

AED 2,435,000 on 24 February 2025: AED 2,461 per sqft for 989 sqft. The unit has 3 registered sales; the first was AED 1,345,888 in August 2020.

What is the rent for unit 1515?

AED 94,753 a year on the contract signed on 2 February 2023. The previous contract, from February 2023, was AED 94,753; the unit has been rented since February 2022.

How big is unit 1515?

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

What is unit 1515 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 1515, Park Ridge Tower C

Starts from the last sale price (AED 2.44M, 24 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,435,000
Deposit, UAE resident (20%)
AED 487,000
Deposit, non-resident (40%)
AED 974,000
Monthly over 25 years at 3.7%
AED 9,962

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