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1-bed · 668 sqftPark Ridge Tower C, Dubai Hills Estate · 16th floor · completed 2022

1603, Park Ridge Tower C

Sold prices and rental history: sold once, by the developer in September 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 1.13M13 September 2021
Current rentAED 90K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1603, Park Ridge Tower C

What is 1603 worth today?

Last sold for AED 1,134,888 in 2021

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1 Feb 2026RentedNew contract
AED 90,000/yr12 months · AED 135 per sqft
1 Sep 2022RentedNew contract
AED 65,000/yr12 months · AED 97 per sqft
13 Sep 2021Sold by developerReady
AED 1,134,888AED 1,698 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
1-bed apartment
Size
668 sqft
Floor
16th of 22
Parking
B2-2285
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 14,000 /yr
Last sold
AED 1.13M · September 2021
Building
Park Ridge Tower C

About 1603, Park Ridge Tower C

1603 is a one-bedroom apartment of 668 sqft on the 16th 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 13 September 2021 for AED 1,134,888, or AED 1,698 per sqft, 8% above the AED 1,571 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 February 2026, is AED 90,000 a year: a gross yield of 7.9% on the 2021 price, before the service charge of about AED 14,000 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, 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, September 2021: AED 1,134,888 (AED 1,698 per sqft)

1603 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1603, 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, September 2022: AED 65,000 a yearNew contract, February 2026: AED 90,000 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 1603 sits

All 226 1-beds →

1603 last sold in September 2021 at AED 1,698 per sqft, 8% above what one-beds in Park Ridge Tower C were fetching at the time (AED 1,571). 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. 1603's AED 90,000 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 16th floor

All 476 units in Park Ridge Tower C
Value
16011-bedAED 1.23M · Jul 2023
16021-bedAED 1.06M · Sep 2019
16041-bedAED 1.06M · Nov 2020
16051-bedAED 1.4M · Jul 2024
16061-bedAED 1.48M · Apr 2023
16072-bedAED 2.15M · May 2023
16082-bedAED 1.63M · Oct 2019
1–7 of 19

1603, Park Ridge Tower C in numbers

  • Sold once: by Dubai Hills Estate on 13 September 2021 for AED 1,134,888, or AED 1,698 per sqft.
  • Rented since September 2022 on 2 Ejari contracts, from AED 65,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2021 price is 7.9%, before a service charge of about AED 14,000 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 1 February 2026.

Questions about 1603, Park Ridge Tower C

What did unit 1603 last sell for?

AED 1,134,888 on 13 September 2021, sold by the developer: AED 1,698 per sqft for 668 sqft. It is the only registered sale of the unit.

What is the rent for unit 1603?

AED 90,000 a year on the contract signed on 1 February 2026. The previous contract, from September 2022, was AED 65,000.

How big is unit 1603?

668 sqft (62.1 sqm): a one-bedroom apartment on the 16th floor of a 22-storey tower completed in 2022.

What is unit 1603 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 1603, Park Ridge Tower C

Starts from the last sale price (AED 1.13M, 13 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,134,888
Deposit, UAE resident (20%)
AED 226,978
Deposit, non-resident (40%)
AED 453,955
Monthly over 25 years at 3.7%
AED 4,643

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