1-bed · 633 sqftPark Ridge Tower C, Dubai Hills Estate · 16th floor · completed 2022

1621, Park Ridge Tower C

Sold prices and rental history: sold once, by the developer in November 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1621 · DLD and Ejari recordsUpdated 24 November 2019
Last soldAED 1.08M24 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1621, Park Ridge Tower C

What is 1621 worth today?

Last sold for AED 1,075,888 in 2019

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24 Nov 2019Sold by developerOff-plan
AED 1,075,888AED 1,699 per sqft

Source: Dubai Land Department. Updated 24 November 2019.

Key facts

Type
1-bed apartment
Size
633 sqft
Floor
16th of 22
Parking
B2-2358
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 13,200 /yr
Last sold
AED 1.08M · November 2019

About 1621, Park Ridge Tower C

1621 is a one-bedroom apartment of 633 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 24 November 2019 for AED 1,075,888, or AED 1,699 per sqft, 15% above the AED 1,475 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1621 over time

Sales
Unit 1621, 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 2019: AED 1,075,888 (AED 1,699 per sqft)

1621 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1621, 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 1621 sits

All 226 1-beds →

1621 last sold in November 2019 at AED 1,699 per sqft, 15% above what one-beds in Park Ridge Tower C were fetching at the time (AED 1,475). 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
16061-bedAED 1.48M · Apr 2023
16072-bedAED 2.15M · May 2023
1–7 of 19

1621, Park Ridge Tower C in numbers

  • Sold once: by Dubai Hills Estate on 24 November 2019 for AED 1,075,888, or AED 1,699 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 24 November 2019.

Questions about 1621, Park Ridge Tower C

What did unit 1621 last sell for?

AED 1,075,888 on 24 November 2019, sold by the developer: AED 1,699 per sqft for 633 sqft. It is the only registered sale of the unit.

How big is unit 1621?

633 sqft (58.8 sqm): a one-bedroom apartment on the 16th floor of a 22-storey tower completed in 2022.

What is unit 1621 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 1621, Park Ridge Tower C

Starts from the last sale price (AED 1.08M, 24 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,075,888
Deposit, UAE resident (20%)
AED 215,178
Deposit, non-resident (40%)
AED 430,355
Monthly over 25 years at 3.7%
AED 4,402

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