1-bed · 642 sqftPark Ridge Tower C, Dubai Hills Estate · 16th floor · completed 2022

1612, Park Ridge Tower C

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1612 · DLD and Ejari recordsUpdated 10 June 2026
Last soldAED 1.24M20 July 2023
Current rentAED 99K /yr10 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1612, Park Ridge Tower C

What is 1612 worth today?

Last sold for AED 1,240,000 in 2023

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10 Jun 2026RentedNew contract
AED 99,000/yr12 months · AED 153 per sqft
1 Mar 2024RentedRenewal
AED 63,000/yr1 months · AED 99 per sqft
20 Jul 2023SoldReady
AED 1,240,000AED 1,930 per sqft
1 Mar 2023RentedRenewal
AED 63,000/yr12 months · AED 98 per sqft
1 Mar 2022RentedNew contract
AED 60,000/yr12 months · AED 93 per sqft
19 Sep 2019Sold by developerOff-plan
AED 1,010,888AED 1,574 per sqft

Source: Dubai Land Department. Updated 10 June 2026.

Key facts

Type
1-bed apartment
Size
642 sqft
Floor
16th of 22
Parking
B2-2316
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 13,400 /yr
Last sold
AED 1.24M · July 2023

About 1612, Park Ridge Tower C

1612 is a one-bedroom apartment of 642 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 20 July 2023 for AED 1,240,000, or AED 1,930 per sqft, 8% above the AED 1,794 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 10 June 2026, is AED 99,000 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 13,400 a year.

Sales and rents for 1612 over time

Sales
Unit 1612, 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 2019: AED 1,010,888 (AED 1,574 per sqft)Sold, July 2023: AED 1,240,000 (AED 1,930 per sqft)

1612 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1612, 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, March 2022: AED 60,000 a yearRenewal, March 2023: AED 63,000 a yearRenewal, March 2024: AED 63,000 a yearNew contract, June 2026: AED 99,000 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 1612 sits

All 226 1-beds →

1612 last sold in July 2023 at AED 1,930 per sqft, 8% above what one-beds in Park Ridge Tower C were fetching at the time (AED 1,794). 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. 1612's AED 99,000 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
16031-bedAED 1.13M · Sep 2021
16041-bedAED 1.06M · Nov 2020
16051-bedAED 1.4M · Jul 2024
16061-bedAED 1.48M · Apr 2023
16072-bedAED 2.15M · May 2023
1–7 of 19

1612, Park Ridge Tower C in numbers

  • Sold twice: first on 19 September 2019 for AED 1,010,888, last on 20 July 2023 for AED 1,240,000 (AED 1,930 per sqft).
  • Rented since March 2022 on 4 Ejari contracts, from AED 60,000 to AED 99,000 a year.
  • At AED 99,000 a year the gross yield on the 2023 price is 8.0%, before a service charge of about AED 13,400 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 10 June 2026.

Questions about 1612, Park Ridge Tower C

What did unit 1612 last sell for?

AED 1,240,000 on 20 July 2023: AED 1,930 per sqft for 642 sqft. The unit has 2 registered sales; the first was AED 1,010,888 in September 2019.

What is the rent for unit 1612?

AED 99,000 a year on the contract signed on 10 June 2026. The previous contract, from March 2024, was AED 63,000; the unit has been rented since March 2022.

How big is unit 1612?

642 sqft (59.6 sqm): a one-bedroom apartment on the 16th floor of a 22-storey tower completed in 2022.

What is unit 1612 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 1612, Park Ridge Tower C

Starts from the last sale price (AED 1.24M, 20 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,240,000
Deposit, UAE resident (20%)
AED 248,000
Deposit, non-resident (40%)
AED 496,000
Monthly over 25 years at 3.7%
AED 5,073

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