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2-bed · 986 sqftPark Ridge Tower C, Dubai Hills Estate · 17th floor · completed 2022

1714, Park Ridge Tower C

Sold prices and rental history: sold once, by the developer in February 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1714 · DLD and Ejari recordsUpdated 25 May 2024
Last soldAED 1.35M12 February 2019
Current rentAED 121K /yr25 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1714, Park Ridge Tower C

What is 1714 worth today?

Last sold for AED 1,350,888 in 2019

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25 May 2024RentedRenewal
AED 121,268/yr9 months · AED 122 per sqft
25 May 2023RentedRenewal
AED 105,000/yr12 months · AED 106 per sqft
25 May 2022RentedNew contract
AED 105,000/yr12 months · AED 106 per sqft
12 Feb 2019Sold by developerOff-plan
AED 1,350,888AED 1,369 per sqft

Source: Dubai Land Department. Updated 25 May 2024.

Key facts

Type
2-bed apartment
Size
986 sqft
Floor
17th of 22
Parking
B2-2337
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 20,600 /yr
Last sold
AED 1.35M · February 2019
Building
Park Ridge Tower C

About 1714, Park Ridge Tower C

1714 is a two-bedroom apartment of 986 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. The developer sold it on 12 February 2019 for AED 1,350,888, or AED 1,369 per sqft, 9% below the AED 1,497 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 25 May 2024, is AED 121,268 a year: a gross yield of 9.0% on the 2019 price, before the service charge of about AED 20,600 a year.

Sales and rents for 1714 over time

Sales
Unit 1714, each saleTypical two-bed in Park Ridge Tower C
2M2017202020232026Typical sale price by year: 2017 AED 1,490,888; 2018 AED 1,480,388; 2019 AED 1,476,888; 2020 AED 1,529,888; 2021 AED 1,574,395; 2022 AED 1,650,000; 2023 AED 2,000,000; 2024 AED 2,500,000; 2025 AED 2,560,000; 2026 AED 2,390,000Sold by developer, February 2019: AED 1,350,888 (AED 1,369 per sqft)

1714 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1714, each contractTypical two-bed in Park Ridge Tower C
100K150K2021202320252027Typical rent by year: 2021 AED 90,000; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 140,000; 2025 AED 150,000; 2026 AED 130,000New contract, May 2022: AED 105,000 a yearRenewal, May 2023: AED 105,000 a yearRenewal, May 2024: AED 121,268 a year

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 1714 sits

All 202 2-beds →

1714 last sold in February 2019 at AED 1,369 per sqft, 9% below what two-beds in Park Ridge Tower C were fetching at the time (AED 1,497). 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. 1714's AED 121,268 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20262,450,000
16 Oct 20262,140,000
10 Aug 202693,687
4 Jun 20262,380,000
10 2-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

1714, Park Ridge Tower C in numbers

  • Sold once: by Dubai Hills Estate on 12 February 2019 for AED 1,350,888, or AED 1,369 per sqft.
  • Rented since May 2022 on 3 Ejari contracts, from AED 105,000 to AED 121,268 a year.
  • At AED 121,268 a year the gross yield on the 2019 price is 9.0%, before a service charge of about AED 20,600 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 25 May 2024.

Questions about 1714, Park Ridge Tower C

What did unit 1714 last sell for?

AED 1,350,888 on 12 February 2019, sold by the developer: AED 1,369 per sqft for 986 sqft. It is the only registered sale of the unit.

What is the rent for unit 1714?

AED 121,268 a year on the contract renewed on 25 May 2024. The previous contract, from May 2023, was AED 105,000; the unit has been rented since May 2022.

How big is unit 1714?

986 sqft (91.6 sqm): a two-bedroom apartment on the 17th floor of a 22-storey tower completed in 2022.

What is unit 1714 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 1714, Park Ridge Tower C

Starts from the last sale price (AED 1.35M, 12 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,888
Deposit, UAE resident (20%)
AED 270,178
Deposit, non-resident (40%)
AED 540,355
Monthly over 25 years at 3.7%
AED 5,527

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