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2-bed · 985 sqftPark Ridge Tower C, Dubai Hills Estate · 20th floor · completed 2022

2019, Park Ridge Tower C

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

Unit 2019 · DLD and Ejari recordsUpdated 3 September 2024
Last soldAED 2.55M3 September 2024
Current rentAED 95K /yr17 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2019, Park Ridge Tower C

What is 2019 worth today?

Last sold for AED 2,550,000 in 2024

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3 Sep 2024SoldReady
AED 2,550,000AED 2,589 per sqft
17 Feb 2023RentedRenewal
AED 95,000/yr12 months · AED 97 per sqft
17 Feb 2022RentedNew contract
AED 95,000/yr12 months · AED 97 per sqft
24 Dec 2017Sold by developerOff-plan
AED 1,534,888AED 1,558 per sqft

Source: Dubai Land Department. Updated 3 September 2024.

Key facts

Type
2-bed apartment
Size
985 sqft
Floor
20th of 22
Parking
B2-2444
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 20,600 /yr
Last sold
AED 2.55M · September 2024
Building
Park Ridge Tower C

About 2019, Park Ridge Tower C

2019 is a two-bedroom apartment of 985 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 3 September 2024 for AED 2,550,000, or AED 2,589 per sqft, 12% above the AED 2,306 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 17 February 2023, is AED 95,000 a year: a gross yield of 3.7% on the 2024 price, before the service charge of about AED 20,600 a year.

Sales and rents for 2019 over time

Sales
Unit 2019, each saleTypical two-bed in Park Ridge Tower C
1.5M2M2.5M2017202020232026Typical 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, December 2017: AED 1,534,888 (AED 1,558 per sqft)Sold, September 2024: AED 2,550,000 (AED 2,589 per sqft)

2019 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2019, 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, February 2022: AED 95,000 a yearRenewal, February 2023: AED 95,000 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 2019 sits

All 202 2-beds →

2019 last sold in September 2024 at AED 2,589 per sqft, 12% above what two-beds in Park Ridge Tower C were fetching at the time (AED 2,306). 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. 2019's AED 95,000 is at the bottom 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 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

2019, Park Ridge Tower C in numbers

  • Sold twice: first on 24 December 2017 for AED 1,534,888, last on 3 September 2024 for AED 2,550,000 (AED 2,589 per sqft).
  • Rented since February 2022 on 2 Ejari contracts, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2024 price is 3.7%, 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 3 September 2024.

Questions about 2019, Park Ridge Tower C

What did unit 2019 last sell for?

AED 2,550,000 on 3 September 2024: AED 2,589 per sqft for 985 sqft. The unit has 2 registered sales; the first was AED 1,534,888 in December 2017.

What is the rent for unit 2019?

AED 95,000 a year on the contract renewed on 17 February 2023. The previous contract, from February 2022, was AED 95,000.

How big is unit 2019?

985 sqft (91.5 sqm): a two-bedroom apartment on the 20th floor of a 22-storey tower completed in 2022.

What is unit 2019 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 2019, Park Ridge Tower C

Starts from the last sale price (AED 2.55M, 3 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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