1616, Park Ridge Tower C
Sold prices and rental history: sold twice, last in March 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1616, Park Ridge Tower C
What is 1616 worth today?
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Source: Dubai Land Department. Updated 29 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,002 sqft
- Floor
- 16th of 22
- Parking
- B2-2460
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 20,900 /yr
- Last sold
- AED 1.89M · March 2023
- Building
- Park Ridge Tower C
About 1616, Park Ridge Tower C
1616 is a two-bedroom apartment of 1,002 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 23 March 2023 for AED 1,892,000, or AED 1,887 per sqft, 10% above the AED 1,710 two-beds in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 29 August 2025, is AED 155,000 a year: a gross yield of 8.2% on the 2023 price, before the service charge of about AED 20,900 a year.
Sales and rents for 1616 over time
1616 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1616 sits
All 202 2-beds →1616 last sold in March 2023 at AED 1,887 per sqft, 10% above what two-beds in Park Ridge Tower C were fetching at the time (AED 1,710). 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. 1616's AED 155,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 995 sqft | 2,450,000 | 2,463 | ||
| 16 Oct 202616 October 2026 | 986 sqft | 2,140,000 | 2,171 | ||
| 10 Aug 202610 August 2026 | 983 sqft | 93,687 | 95 | ||
| 4 Jun 20264 June 2026 | 990 sqft | 2,380,000 | 2,404 |
Park Ridge Tower C
Building476 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%
Other units on the 16th floor
All 476 units in Park Ridge Tower C| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 662 sqft | AED 1.23MAED 1,230,000 · Jul 2023July 2023 | ||
| 1602 | 1-bed | 648 sqft | AED 1.06MAED 1,057,888 · Sep 2019September 2019 | 88,000 /yr | |
| 1603 | 1-bed | 668 sqft | AED 1.13MAED 1,134,888 · Sep 2021September 2021 | 90,000 /yr | |
| 1604 | 1-bed | 652 sqft | AED 1.06MAED 1,059,888 · Nov 2020November 2020 | 84,000 /yr | |
| 1605 | 1-bed | 648 sqft | AED 1.4MAED 1,400,000 · Jul 2024July 2024 | 95,000 /yr | |
| 1606 | 1-bed | 647 sqft | AED 1.48MAED 1,480,000 · Apr 2023April 2023 | ||
| 1607 | 2-bed | 988 sqft | AED 2.15MAED 2,150,000 · May 2023May 2023 | 125,000 /yr | |
| 1608 | 2-bed | 995 sqft | AED 1.63MAED 1,627,888 · Oct 2019October 2019 | 115,008 /yr | |
| 1609 | 2-bed | 994 sqft | AED 1.63MAED 1,633,888 · May 2019May 2019 | 170,000 /yr | |
| 1611 | 1-bed | 649 sqft | AED 1.51MAED 1,510,000 · Feb 2024February 2024 | 95,000 /yr | |
| 1612 | 1-bed | 642 sqft | AED 1.24MAED 1,240,000 · Jul 2023July 2023 | 99,000 /yr | |
| 1613 | 1-bed | 654 sqft | AED 1.01MAED 1,005,888 · Feb 2020February 2020 | 73,055 /yr | |
| 1614 | 2-bed | 986 sqft | AED 2.2MAED 2,200,000 · Dec 2022December 2022 | 132,120 /yr | |
| 1615 | 2-bed | 988 sqft | AED 1.9MAED 1,900,000 · Sep 2023September 2023 | ||
| 1617 | 3-bed | 1,576 sqft | AED 3.4MAED 3,400,000 · Jul 2024July 2024 | 200,000 /yr | |
| 1618 | 3-bed | 1,575 sqft | AED 3.98MAED 3,975,000 · May 2025May 2025 | 190,000 /yr | |
| 1619 | 2-bed | 983 sqft | AED 1.83MAED 1,834,888 · Jul 2022July 2022 | 130,000 /yr | |
| 1620 | 2-bed | 994 sqft | AED 1.64MAED 1,640,888 · Nov 2020November 2020 | 125,000 /yr | |
| 1621 | 1-bed | 633 sqft | AED 1.08MAED 1,075,888 · Nov 2019November 2019 |
1616, Park Ridge Tower C in numbers
- Sold twice: first on 19 November 2019 for AED 1,482,888, last on 23 March 2023 for AED 1,892,000 (AED 1,887 per sqft).
- Rented since April 2023 on 3 Ejari contracts, from AED 145,000 to AED 155,000 a year.
- At AED 155,000 a year the gross yield on the 2023 price is 8.2%, before a service charge of about AED 20,900 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 29 August 2025.
Questions about 1616, Park Ridge Tower C
What did unit 1616 last sell for?
AED 1,892,000 on 23 March 2023: AED 1,887 per sqft for 1,002 sqft. The unit has 2 registered sales; the first was AED 1,482,888 in November 2019.
What is the rent for unit 1616?
AED 155,000 a year on the contract signed on 29 August 2025. The previous contract, from April 2024, was AED 145,000; the unit has been rented since April 2023.
How big is unit 1616?
1,002 sqft (93.1 sqm): a two-bedroom apartment on the 16th floor of a 22-storey tower completed in 2022.
What is unit 1616 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 1616, Park Ridge Tower C
Starts from the last sale price (AED 1.89M, 23 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,892,000
- Deposit, UAE resident (20%)
- AED 378,400
- Deposit, non-resident (40%)
- AED 756,800
- Monthly over 25 years at 3.7%
- AED 7,741
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →