3-bed · 1,115 sqftPark Ridge Tower C, Dubai Hills Estate · 20th floor · completed 2022

2018, Park Ridge Tower C

Sold prices and rental history: sold twice, last in April 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2018 · DLD and Ejari recordsUpdated 18 April 2023
Last soldAED 4M18 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2018, Park Ridge Tower C

What is 2018 worth today?

Last sold for AED 4,000,000 in 2023

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18 Apr 2023SoldReady
AED 4,000,000AED 1,794 per sqft
30 May 2021Sold by developerOff-plan
AED 3,282,888AED 1,472 per sqft

Source: Dubai Land Department. Updated 18 April 2023.

Key facts

Type
3-bed apartment
Size
1,115 sqft
Floor
20th of 22
Parking
B1-1070, B1-1071
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 23,300 /yr
Last sold
AED 4M · April 2023

About 2018, Park Ridge Tower C

2018 is a three-bedroom apartment of 1,115 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. It last sold on 18 April 2023 for AED 4,000,000, or AED 1,794 per sqft, 6% above the AED 1,685 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2018 over time

Sales
Unit 2018, each saleTypical three-bed in Park Ridge Tower C
3M4M2018202120242027Typical sale price by year: 2018 AED 2,496,888; 2019 AED 2,464,888; 2021 AED 2,670,388; 2022 AED 2,680,888; 2023 AED 3,452,500; 2024 AED 3,400,000; 2025 AED 3,937,500; 2026 AED 3,950,000Sold by developer, May 2021: AED 3,282,888 (AED 1,472 per sqft)Sold, April 2023: AED 4,000,000 (AED 1,794 per sqft)

2018 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2018, each contractTypical three-bed in Park Ridge Tower C
150K200K2021202320252027Typical rent by year: 2021 AED 145,000; 2022 AED 155,000; 2023 AED 190,000; 2024 AED 215,000; 2025 AED 232,500; 2026 AED 205,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Park Ridge Tower C, and where 2018 sits

All 48 3-beds →

2018 last sold in April 2023 at AED 1,794 per sqft, 6% above what three-beds in Park Ridge Tower C were fetching at the time (AED 1,685). Over the last 12 months three-beds sold for AED 3,850,000 to 4,050,000, around AED 2,508 per sqft, and rent for AED 180,000 to 270,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Jul 20263,900,000
5 Jun 20264,050,000
22 Jan 20263,850,000
19 Jan 20264,000,000
4 3-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 20th floor

All 476 units in Park Ridge Tower C
Value
20011-bedAED 979K · Dec 2017
20021-bedAED 1.38M · Nov 2023
20031-bedAED 1.5M · Oct 2024
20041-bedAED 1.6M · Aug 2024
20051-bedAED 1.46M · Feb 2025
20061-bedAED 1.1M · Jun 2022
20072-bedAED 1.5M · Feb 2019
1–7 of 20

2018, Park Ridge Tower C in numbers

  • Sold twice: first on 30 May 2021 for AED 3,282,888, last on 18 April 2023 for AED 4,000,000 (AED 1,794 per sqft).
  • Three-beds in Park Ridge Tower C sold for AED 3,850,000–4,050,000 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 18 April 2023.

Questions about 2018, Park Ridge Tower C

What did unit 2018 last sell for?

AED 4,000,000 on 18 April 2023: AED 1,794 per sqft for 1,115 sqft. The unit has 2 registered sales; the first was AED 3,282,888 in May 2021.

How big is unit 2018?

1,115 sqft (103.6 sqm): a three-bedroom apartment on the 20th floor of a 22-storey tower completed in 2022.

What is unit 2018 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Park Ridge Tower C sold for AED 3,850,000 to 4,050,000 in the last 12 months, around AED 2,508 per sqft.

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Mortgage on 2018, Park Ridge Tower C

Starts from the last sale price (AED 4M, 18 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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