2-bed · 1,003 sqftPark Ridge Tower C, Dubai Hills Estate · 15th floor · completed 2022

1516, Park Ridge Tower C

Sold prices and rental history: sold once, by the developer in February 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 1516

Unit 1516 · DLD and Ejari recordsUpdated 1 May 2026

Last soldAED 1.38M24 February 2019

Current rentAED 118K /yr1 May 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 1516

Property timeline for 1516, Park Ridge Tower C

Today

What is 1516 worth today?

Last sold for AED 1,379,888 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 May 2026

1 May 2026RentedRenewal

AED 118,000/yr12 months · AED 118 per sqft

1 May 2025

1 May 2025RentedRenewal

AED 108,000/yr12 months · AED 108 per sqft

1 May 2025

1 May 2025RentedRenewal

AED 108,000/yr12 months · AED 108 per sqft

1 May 2024

1 May 2024RentedRenewal

AED 100,000/yr12 months · AED 100 per sqft

1 May 2023

1 May 2023RentedRenewal

AED 90,000/yr12 months · AED 90 per sqft

1 May 2022

1 May 2022RentedNew contract

AED 90,000/yr12 months · AED 90 per sqft

24 Feb 2019

24 Feb 2019Sold by developerOff-plan

AED 1,379,888AED 1,376 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type: 2-bed apartment
Size: 1,003 sqft
Floor: 15th of 22
Parking: B2-2395
Developer: Dubai Hills Estate
Completed: 2022
Service charge: AED 21,000 /yr
Last sold: AED 1.38M · February 2019
Building: Park Ridge Tower C

About 1516, Park Ridge Tower C

1516 is a two-bedroom apartment of 1,003 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. The developer sold it on 24 February 2019 for AED 1,379,888, or AED 1,376 per sqft, 8% below the AED 1,497 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 118,000 a year: a gross yield of 8.6% on the 2019 price, before the service charge of about AED 21,000 a year.

Sales and rents for 1516 over time

Sales

Unit 1516, each saleTypical two-bed in Park Ridge Tower C

1516 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1516, each contractTypical two-bed in Park Ridge Tower C

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 1516 sits

All 202 2-beds →

2-beds in Park Ridge Tower C · last 12 months2,434 /sqft Park Ridge Tower C · all types2,445 /sqft

1516 last sold in February 2019 at AED 1,376 per sqft, 8% below what two-beds in Park Ridge Tower C were fetching at the time (AED 1,497). 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. 1516's AED 118,000 is in the lower half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
21 Oct 202621 October 2026	995 sqft	2,450,000	2,463
16 Oct 202616 October 2026	986 sqft	2,140,000	2,171
10 Aug 202610 August 2026	983 sqft	93,687	95
4 Jun 20264 June 2026	990 sqft	2,380,000	2,404

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


1501	1-bed	655 sqft	AED 970KAED 969,888 · May 2019May 2019	94,745 /yr
1502	1-bed	648 sqft	AED 1.59MAED 1,590,000 · Mar 2025March 2025	112,000 /yr
1503	1-bed	646 sqft	AED 956KAED 955,888 · Mar 2019March 2019	120,000 /yr
1504	1-bed	653 sqft	AED 1.45MAED 1,450,000 · Sep 2024September 2024	120,000 /yr
1505	1-bed	649 sqft	AED 1.3MAED 1,300,000 · Jan 2024January 2024	57,000 /yr
1506	1-bed	647 sqft	AED 1.01MAED 1,007,888 · Nov 2017November 2017	60,000 /yr
1507	2-bed	989 sqft	AED 2.7MAED 2,700,000 · May 2024May 2024	150,000 /yr
1508	2-bed	996 sqft	AED 1.48MAED 1,482,888 · May 2019May 2019	180,000 /yr
1509	2-bed	995 sqft	AED 1.49MAED 1,488,888 · Jun 2018June 2018
1510	2-bed	986 sqft	AED 2.46MAED 2,460,000 · Mar 2025March 2025	124,000 /yr
1511	1-bed	649 sqft	AED 1.45MAED 1,450,000 · Nov 2024November 2024	86,000 /yr
1512	1-bed	642 sqft	AED 920KAED 919,888 · Mar 2019March 2019	57,750 /yr
1513	1-bed	654 sqft	AED 1.38MAED 1,375,000 · Jan 2024January 2024	105,000 /yr
1514	2-bed	987 sqft	AED 2.5MAED 2,500,000 · Dec 2024December 2024	165,000 /yr
1515	2-bed	989 sqft	AED 2.44MAED 2,435,000 · Feb 2025February 2025	94,753 /yr
1517	3-bed	1,576 sqft	AED 2.65MAED 2,650,000 · Nov 2022November 2022
1518	3-bed	1,574 sqft	AED 2.5MAED 2,500,888 · Nov 2018November 2018
1519	2-bed	984 sqft	AED 1.52MAED 1,520,888 · Dec 2017December 2017	110,000 /yr
1520	2-bed	995 sqft	AED 2.38MAED 2,375,000 · Jan 2024January 2024
1521	1-bed	633 sqft	AED 979KAED 978,888 · Nov 2017November 2017	60,000 /yr

1–7 of 20

1516, Park Ridge Tower C in numbers

Sold once: by Dubai Hills Estate on 24 February 2019 for AED 1,379,888, or AED 1,376 per sqft.
Rented since May 2022 on 6 Ejari contracts, from AED 90,000 to AED 118,000 a year.
At AED 118,000 a year the gross yield on the 2019 price is 8.6%, before a service charge of about AED 21,000 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 May 2026.

Questions about 1516, Park Ridge Tower C

What did unit 1516 last sell for?

AED 1,379,888 on 24 February 2019, sold by the developer: AED 1,376 per sqft for 1,003 sqft. It is the only registered sale of the unit.

What is the rent for unit 1516?

AED 118,000 a year on the contract renewed on 1 May 2026. The previous contract, from May 2025, was AED 108,000; the unit has been rented since May 2022.

How big is unit 1516?

1,003 sqft (93.2 sqm): a two-bedroom apartment on the 15th floor of a 22-storey tower completed in 2022.

What is unit 1516 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.

Selling 1516? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1516, Park Ridge Tower C

Starts from the last sale price (AED 1.38M, 24 February 2019). Switch to today's estimate once you have unlocked it.

Price: AED 1,379,888
Deposit, UAE resident (20%): AED 275,978
Deposit, non-resident (40%): AED 551,955
Monthly over 25 years at 3.7%: AED 5,646

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