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1-bed · 633 sqftPark Ridge Tower C, Dubai Hills Estate · 15th floor · completed 2022

1521, Park Ridge Tower C

Sold prices and rental history: sold once, by the developer in November 2017, and rented once, from December 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1521 · DLD and Ejari recordsUpdated 16 December 2021
Last soldAED 979K16 November 2017
Current rentAED 60K /yr16 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1521, Park Ridge Tower C

What is 1521 worth today?

Last sold for AED 978,888 in 2017

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16 Dec 2021RentedNew contract
AED 60,000/yr12 months · AED 93 per sqft
16 Nov 2017Sold by developerOff-plan
AED 978,888AED 1,546 per sqft

Source: Dubai Land Department. Updated 16 December 2021.

Key facts

Type
1-bed apartment
Size
633 sqft
Floor
15th of 22
Parking
B2-2303
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 13,200 /yr
Last sold
AED 979K · November 2017
Building
Park Ridge Tower C

About 1521, Park Ridge Tower C

1521 is a one-bedroom apartment of 633 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 16 November 2017 for AED 978,888, or AED 1,546 per sqft, 4% above the AED 1,484 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 December 2021. The current contract, signed on 16 December 2021, is AED 60,000 a year: a gross yield of 6.1% on the 2017 price, before the service charge of about AED 13,200 a year.

Sales and rents for 1521 over time

Sales
Unit 1521, each saleTypical one-bed in Park Ridge Tower C
1M1.5M2017202020232026Typical sale price by year: 2017 AED 958,888; 2018 AED 952,888; 2019 AED 964,888; 2020 AED 1,006,888; 2021 AED 850,000; 2022 AED 1,071,444; 2023 AED 1,230,000; 2024 AED 1,450,000; 2025 AED 1,550,000; 2026 AED 1,580,000Sold by developer, November 2017: AED 978,888 (AED 1,546 per sqft)

1521 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1521, each contractTypical one-bed in Park Ridge Tower C
60K80K100K2021202320252027Typical rent by year: 2021 AED 55,000; 2022 AED 60,000; 2023 AED 68,000; 2024 AED 86,000; 2025 AED 95,000; 2026 AED 90,000New contract, December 2021: AED 60,000 a year

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

1-beds in Park Ridge Tower C, and where 1521 sits

All 226 1-beds →

1521 last sold in November 2017 at AED 1,546 per sqft, 4% above what one-beds in Park Ridge Tower C were fetching at the time (AED 1,484). Over the last 12 months one-beds sold for AED 1,425,000 to 1,706,900, around AED 2,390 per sqft, and rent for AED 54,000 to 192,774 a year. 1521's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 20261,425,000
13 Jul 20261,530,000
1 Jul 20261,690,000
10 Apr 20261,706,900
7 1-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

1521, Park Ridge Tower C in numbers

  • Sold once: by Dubai Hills Estate on 16 November 2017 for AED 978,888, or AED 1,546 per sqft.
  • Rented since December 2021 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2017 price is 6.1%, before a service charge of about AED 13,200 a year (AED 20.90 per sqft).
  • One-beds in Park Ridge Tower C sold for AED 1,425,000–1,706,900 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 16 December 2021.

Questions about 1521, Park Ridge Tower C

What did unit 1521 last sell for?

AED 978,888 on 16 November 2017, sold by the developer: AED 1,546 per sqft for 633 sqft. It is the only registered sale of the unit.

What is the rent for unit 1521?

AED 60,000 a year on the contract signed on 16 December 2021.

How big is unit 1521?

633 sqft (58.8 sqm): a one-bedroom apartment on the 15th floor of a 22-storey tower completed in 2022.

What is unit 1521 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Ridge Tower C sold for AED 1,425,000 to 1,706,900 in the last 12 months, around AED 2,390 per sqft.

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Mortgage on 1521, Park Ridge Tower C

Starts from the last sale price (AED 979K, 16 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 978,888
Deposit, UAE resident (20%)
AED 195,778
Deposit, non-resident (40%)
AED 391,555
Monthly over 25 years at 3.7%
AED 4,005

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