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2-bed · 984 sqftPark Ridge Tower C, Dubai Hills Estate · 15th floor · completed 2022

1519, Park Ridge Tower C

Sold prices and rental history: sold once, by the developer in December 2017, and rented once, from January 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1519 · DLD and Ejari recordsUpdated 1 January 2023
Last soldAED 1.52M17 December 2017
Current rentAED 110K /yr1 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1519, Park Ridge Tower C

What is 1519 worth today?

Last sold for AED 1,520,888 in 2017

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1 Jan 2023RentedNew contract
AED 110,000/yr12 months · AED 112 per sqft
17 Dec 2017Sold by developerOff-plan
AED 1,520,888AED 1,546 per sqft

Source: Dubai Land Department. Updated 1 January 2023.

Key facts

Type
2-bed apartment
Size
984 sqft
Floor
15th of 22
Parking
B1-1069
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 20,600 /yr
Last sold
AED 1.52M · December 2017
Building
Park Ridge Tower C

About 1519, Park Ridge Tower C

1519 is a two-bedroom apartment of 984 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 17 December 2017 for AED 1,520,888, or AED 1,546 per sqft, in line with the AED 1,501 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2023. The current contract, signed on 1 January 2023, is AED 110,000 a year: a gross yield of 7.2% on the 2017 price, before the service charge of about AED 20,600 a year.

Sales and rents for 1519 over time

Sales
Unit 1519, each saleTypical two-bed in Park Ridge Tower C
1.5M2M2.5M2017202020232026Typical 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, December 2017: AED 1,520,888 (AED 1,546 per sqft)

1519 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1519, 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, January 2023: AED 110,000 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 1519 sits

All 202 2-beds →

1519 last sold in December 2017 at AED 1,546 per sqft, in line with what two-beds in Park Ridge Tower C were fetching at the time (AED 1,501). 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. 1519's AED 110,000 is in the lower 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

1519, Park Ridge Tower C in numbers

  • Sold once: by Dubai Hills Estate on 17 December 2017 for AED 1,520,888, or AED 1,546 per sqft.
  • Rented since January 2023 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2017 price is 7.2%, 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 January 2023.

Questions about 1519, Park Ridge Tower C

What did unit 1519 last sell for?

AED 1,520,888 on 17 December 2017, sold by the developer: AED 1,546 per sqft for 984 sqft. It is the only registered sale of the unit.

What is the rent for unit 1519?

AED 110,000 a year on the contract signed on 1 January 2023.

How big is unit 1519?

984 sqft (91.4 sqm): a two-bedroom apartment on the 15th floor of a 22-storey tower completed in 2022.

What is unit 1519 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 1519, Park Ridge Tower C

Starts from the last sale price (AED 1.52M, 17 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,520,888
Deposit, UAE resident (20%)
AED 304,178
Deposit, non-resident (40%)
AED 608,355
Monthly over 25 years at 3.7%
AED 6,222

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