1-bed · 642 sqftPark Ridge Tower C, Dubai Hills Estate · 17th floor · completed 2022

1712, Park Ridge Tower C

Sold prices and rental history: sold 3 times, last in May 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1712 · DLD and Ejari recordsUpdated 5 November 2024
Last soldAED 1.38M9 May 2024
Current rentAED 100K /yr5 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1712, Park Ridge Tower C

What is 1712 worth today?

Last sold for AED 1,380,000 in 2024

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5 Nov 2024RentedNew contract
AED 100,000/yr12 months · AED 155 per sqft
9 May 2024SoldReady
AED 1,380,000AED 2,149 per sqft
18 Aug 2022RentedNew contract
AED 67,000/yr12 months · AED 105 per sqft
28 Mar 2022SoldReady
AED 1,050,000AED 1,635 per sqft
18 Oct 2017Sold by developerOff-plan
AED 922,888AED 1,437 per sqft

Source: Dubai Land Department. Updated 5 November 2024.

Key facts

Type
1-bed apartment
Size
642 sqft
Floor
17th of 22
Parking
B1-1191
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 13,400 /yr
Last sold
AED 1.38M · May 2024

About 1712, Park Ridge Tower C

1712 is a one-bedroom apartment of 642 sqft on the 17th 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 9 May 2024 for AED 1,380,000, or AED 2,149 per sqft, 7% above the AED 2,001 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 5 November 2024, is AED 100,000 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 13,400 a year.

Sales and rents for 1712 over time

Sales
Unit 1712, 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, October 2017: AED 922,888 (AED 1,437 per sqft)Sold, March 2022: AED 1,050,000 (AED 1,635 per sqft)Sold, May 2024: AED 1,380,000 (AED 2,149 per sqft)

1712 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1712, each contractTypical one-bed in Park Ridge Tower C
50K75K100K2021202320252027Typical 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, August 2022: AED 67,000 a yearNew contract, November 2024: AED 100,000 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 1712 sits

All 226 1-beds →

1712 last sold in May 2024 at AED 2,149 per sqft, 7% above what one-beds in Park Ridge Tower C were fetching at the time (AED 2,001). 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. 1712's AED 100,000 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 17th floor

All 476 units in Park Ridge Tower C
Value
17011-bedAED 1.45M · Mar 2025
17021-bedAED 966K · Jul 2018
17031-bedAED 959K · Oct 2017
17041-bedAED 967K · Mar 2018
17051-bedAED 962K · Mar 2018
17061-bedAED 1.01M · Oct 2017
17072-bedAED 1.49M · Jul 2018
1–7 of 20

1712, Park Ridge Tower C in numbers

  • Sold 3 times: first on 18 October 2017 for AED 922,888, last on 9 May 2024 for AED 1,380,000 (AED 2,149 per sqft).
  • Rented since August 2022 on 2 Ejari contracts, from AED 67,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 7.2%, 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 5 November 2024.

Questions about 1712, Park Ridge Tower C

What did unit 1712 last sell for?

AED 1,380,000 on 9 May 2024: AED 2,149 per sqft for 642 sqft. The unit has 3 registered sales; the first was AED 922,888 in October 2017.

What is the rent for unit 1712?

AED 100,000 a year on the contract signed on 5 November 2024. The previous contract, from August 2022, was AED 67,000.

How big is unit 1712?

642 sqft (59.6 sqm): a one-bedroom apartment on the 17th floor of a 22-storey tower completed in 2022.

What is unit 1712 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 1712, Park Ridge Tower C

Starts from the last sale price (AED 1.38M, 9 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,380,000
Deposit, UAE resident (20%)
AED 276,000
Deposit, non-resident (40%)
AED 552,000
Monthly over 25 years at 3.7%
AED 5,646

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