3-bed · 1,574 sqftPark Ridge Tower C, Dubai Hills Estate · 15th floor · completed 2022

1518, Park Ridge Tower C

Sold prices and rental history: sold once, by the developer in November 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1518 · DLD and Ejari recordsUpdated 12 November 2018
Last soldAED 2.5M12 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1518, Park Ridge Tower C

What is 1518 worth today?

Last sold for AED 2,500,888 in 2018

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12 Nov 2018Sold by developerOff-plan
AED 2,500,888AED 1,588 per sqft

Source: Dubai Land Department. Updated 12 November 2018.

Key facts

Type
3-bed apartment
Size
1,574 sqft
Floor
15th of 22
Parking
B1-1088, B1-1089
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 32,900 /yr
Last sold
AED 2.5M · November 2018

About 1518, Park Ridge Tower C

1518 is a three-bedroom apartment of 1,574 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 12 November 2018 for AED 2,500,888, or AED 1,588 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1518 over time

Sales
Unit 1518, each saleTypical three-bed in Park Ridge Tower C
3M4M2018202120242027Typical sale price by year: 2018 AED 2,496,888; 2019 AED 2,464,888; 2021 AED 2,670,388; 2022 AED 2,680,888; 2023 AED 3,452,500; 2024 AED 3,400,000; 2025 AED 3,937,500; 2026 AED 3,950,000Sold by developer, November 2018: AED 2,500,888 (AED 1,588 per sqft)

1518 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1518, each contractTypical three-bed in Park Ridge Tower C
150K200K2021202320252027Typical rent by year: 2021 AED 145,000; 2022 AED 155,000; 2023 AED 190,000; 2024 AED 215,000; 2025 AED 232,500; 2026 AED 205,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Park Ridge Tower C, and where 1518 sits

All 48 3-beds →

Over the last 12 months three-beds sold for AED 3,850,000 to 4,050,000, around AED 2,508 per sqft, and rent for AED 180,000 to 270,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Jul 20263,900,000
5 Jun 20264,050,000
22 Jan 20263,850,000
19 Jan 20264,000,000
4 3-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

1518, Park Ridge Tower C in numbers

  • Sold once: by Dubai Hills Estate on 12 November 2018 for AED 2,500,888, or AED 1,588 per sqft.
  • Three-beds in Park Ridge Tower C sold for AED 3,850,000–4,050,000 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 12 November 2018.

Questions about 1518, Park Ridge Tower C

What did unit 1518 last sell for?

AED 2,500,888 on 12 November 2018, sold by the developer: AED 1,588 per sqft for 1,574 sqft. It is the only registered sale of the unit.

How big is unit 1518?

1,574 sqft (146.2 sqm): a three-bedroom apartment on the 15th floor of a 22-storey tower completed in 2022.

What is unit 1518 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Park Ridge Tower C sold for AED 3,850,000 to 4,050,000 in the last 12 months, around AED 2,508 per sqft.

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Mortgage on 1518, Park Ridge Tower C

Starts from the last sale price (AED 2.5M, 12 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,888
Deposit, UAE resident (20%)
AED 500,178
Deposit, non-resident (40%)
AED 1,000,355
Monthly over 25 years at 3.7%
AED 10,232

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