1-bed · 647 sqftPark Ridge Tower C, Dubai Hills Estate · 16th floor · completed 2022

1606, Park Ridge Tower C

Sold prices and rental history: sold 3 times, last in April 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 25 April 2023
Last soldAED 1.48M25 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Park Ridge Tower C

What is 1606 worth today?

Last sold for AED 1,480,000 in 2023

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25 Apr 2023SoldReady
AED 1,480,000AED 2,287 per sqft
20 Mar 2023SoldReady
AED 1,125,000AED 1,738 per sqft
17 Jun 2019Sold by developerOff-plan
AED 1,107,888AED 1,712 per sqft

Source: Dubai Land Department. Updated 25 April 2023.

Key facts

Type
1-bed apartment
Size
647 sqft
Floor
16th of 22
Parking
B2-2353
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 13,500 /yr
Last sold
AED 1.48M · April 2023

About 1606, Park Ridge Tower C

1606 is a one-bedroom apartment of 647 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. It last sold on 25 April 2023 for AED 1,480,000, or AED 2,287 per sqft, 32% above the AED 1,738 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1606 over time

Sales
Unit 1606, 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, June 2019: AED 1,107,888 (AED 1,712 per sqft)Sold, March 2023: AED 1,125,000 (AED 1,738 per sqft)Sold, April 2023: AED 1,480,000 (AED 2,287 per sqft)

1606 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1606, 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 90,000

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 1606 sits

All 226 1-beds →

1606 last sold in April 2023 at AED 2,287 per sqft, 32% above what one-beds in Park Ridge Tower C were fetching at the time (AED 1,738). 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.

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
16031-bedAED 1.13M · Sep 2021
16041-bedAED 1.06M · Nov 2020
16051-bedAED 1.4M · Jul 2024
16072-bedAED 2.15M · May 2023
16082-bedAED 1.63M · Oct 2019
1–7 of 19

1606, Park Ridge Tower C in numbers

  • Sold 3 times: first on 17 June 2019 for AED 1,107,888, last on 25 April 2023 for AED 1,480,000 (AED 2,287 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 25 April 2023.

Questions about 1606, Park Ridge Tower C

What did unit 1606 last sell for?

AED 1,480,000 on 25 April 2023: AED 2,287 per sqft for 647 sqft. The unit has 3 registered sales; the first was AED 1,107,888 in June 2019.

How big is unit 1606?

647 sqft (60.1 sqm): a one-bedroom apartment on the 16th floor of a 22-storey tower completed in 2022.

What is unit 1606 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 1606, Park Ridge Tower C

Starts from the last sale price (AED 1.48M, 25 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,480,000
Deposit, UAE resident (20%)
AED 296,000
Deposit, non-resident (40%)
AED 592,000
Monthly over 25 years at 3.7%
AED 6,055

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