2012, Park Ridge Tower C
Sold prices and rental history: sold once, by the developer in January 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2012, Park Ridge Tower C
What is 2012 worth today?
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Source: Dubai Land Department. Updated 28 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 643 sqft
- Floor
- 20th of 22
- Parking
- B1-1196
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 13,400 /yr
- Last sold
- AED 929K · January 2018
- Building
- Park Ridge Tower C
About 2012, Park Ridge Tower C
2012 is a one-bedroom apartment of 643 sqft on the 20th 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 23 January 2018 for AED 928,888, or AED 1,445 per sqft, in line with the AED 1,469 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 28 February 2024, is AED 66,000 a year: a gross yield of 7.1% on the 2018 price, before the service charge of about AED 13,400 a year.
Sales and rents for 2012 over time
2012 has sold once; the dashed line is the one-bed median of each year in the building.
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 2012 sits
All 226 1-beds →2012 last sold in January 2018 at AED 1,445 per sqft, in line with what one-beds in Park Ridge Tower C were fetching at the time (AED 1,469). 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. 2012's AED 66,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 649 sqft | 1,425,000 | 2,196 | ||
| 13 Jul 202613 July 2026 | 648 sqft | 1,530,000 | 2,361 | ||
| 1 Jul 20261 July 2026 | 647 sqft | 1,690,000 | 2,611 | ||
| 10 Apr 202610 April 2026 | 641 sqft | 1,706,900 | 2,662 |
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 20th floor
All 476 units in Park Ridge Tower C| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 1-bed | 664 sqft | AED 979KAED 978,888 · Dec 2017December 2017 | 95,000 /yr | |
| 2002 | 1-bed | 648 sqft | AED 1.38MAED 1,380,000 · Nov 2023November 2023 | 66,000 /yr | |
| 2003 | 1-bed | 669 sqft | AED 1.5MAED 1,500,000 · Oct 2024October 2024 | 85,000 /yr | |
| 2004 | 1-bed | 653 sqft | AED 1.6MAED 1,600,000 · Aug 2024August 2024 | 60,000 /yr | |
| 2005 | 1-bed | 648 sqft | AED 1.46MAED 1,460,000 · Feb 2025February 2025 | 105,000 /yr | |
| 2006 | 1-bed | 647 sqft | AED 1.1MAED 1,100,000 · Jun 2022June 2022 | 95,000 /yr | |
| 2007 | 2-bed | 987 sqft | AED 1.5MAED 1,495,888 · Feb 2019February 2019 | 160,000 /yr | |
| 2008 | 2-bed | 995 sqft | AED 2.35MAED 2,350,000 · May 2026May 2026 | 145,000 /yr | |
| 2009 | 2-bed | 994 sqft | AED 1.7MAED 1,700,000 · Jun 2022June 2022 | ||
| 2010 | 2-bed | 986 sqft | AED 1.49MAED 1,489,888 · Nov 2018November 2018 | 130,000 /yr | |
| 2011 | 1-bed | 652 sqft | AED 1.57MAED 1,570,000 · Dec 2024December 2024 | 110,000 /yr | |
| 2013 | 1-bed | 654 sqft | AED 940KAED 940,000 · Jul 2022July 2022 | ||
| 2014 | 2-bed | 987 sqft | AED 1.36MAED 1,358,888 · Feb 2019February 2019 | ||
| 2015 | 2-bed | 991 sqft | AED 1.36MAED 1,358,888 · Dec 2017December 2017 | 115,000 /yr | |
| 2016 | 2-bed | 1,002 sqft | AED 1.36MAED 1,364,888 · Mar 2019March 2019 | 115,000 /yr | |
| 2017 | 1-bed | 160 sqft | AED 233KAED 233,222 · Nov 2020November 2020 | 75,000 /yr | |
| 2018 | 3-bed | 1,115 sqft | AED 4MAED 4,000,000 · Apr 2023April 2023 | ||
| 2019 | 2-bed | 985 sqft | AED 2.55MAED 2,550,000 · Sep 2024September 2024 | 95,000 /yr | |
| 2020 | 2-bed | 996 sqft | AED 1.51MAED 1,510,888 · Jan 2019January 2019 | 130,000 /yr | |
| 2021 | 1-bed | 641 sqft | AED 1.17MAED 1,170,888 · Sep 2021September 2021 | 93,000 /yr |
2012, Park Ridge Tower C in numbers
- Sold once: by Dubai Hills Estate on 23 January 2018 for AED 928,888, or AED 1,445 per sqft.
- Rented since February 2022 on 4 Ejari contracts, from AED 60,000 to AED 66,000 a year.
- At AED 66,000 a year the gross yield on the 2018 price is 7.1%, 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 28 February 2024.
Questions about 2012, Park Ridge Tower C
What did unit 2012 last sell for?
AED 928,888 on 23 January 2018, sold by the developer: AED 1,445 per sqft for 643 sqft. It is the only registered sale of the unit.
What is the rent for unit 2012?
AED 66,000 a year on the contract renewed on 28 February 2024. The previous contract, from February 2024, was AED 66,000; the unit has been rented since February 2022.
How big is unit 2012?
643 sqft (59.7 sqm): a one-bedroom apartment on the 20th floor of a 22-storey tower completed in 2022.
What is unit 2012 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 2012, Park Ridge Tower C
Starts from the last sale price (AED 929K, 23 January 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 928,888
- Deposit, UAE resident (20%)
- AED 185,778
- Deposit, non-resident (40%)
- AED 371,555
- Monthly over 25 years at 3.7%
- AED 3,800
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →