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2-bed · 988 sqftPark Ridge Tower C, Dubai Hills Estate · 2nd floor · completed 2022

214, Park Ridge Tower C

Sold prices and rental history: sold twice, last in October 2023, and rented once, from February 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 214 · DLD and Ejari recordsUpdated 26 October 2023
Last soldAED 2M26 October 2023
Current rentAED 77K /yr11 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 214, Park Ridge Tower C

What is 214 worth today?

Last sold for AED 2,000,000 in 2023

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26 Oct 2023SoldReady
AED 2,000,000AED 2,024 per sqft
11 Feb 2022RentedNew contract
AED 77,000/yr12 months · AED 78 per sqft
28 Sep 2021Sold by developerReady
AED 1,548,888AED 1,567 per sqft

Source: Dubai Land Department. Updated 26 October 2023.

Key facts

Type
2-bed apartment
Size
988 sqft
Floor
2nd of 22
Parking
B1-1093
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 20,600 /yr
Last sold
AED 2M · October 2023
Building
Park Ridge Tower C

About 214, Park Ridge Tower C

214 is a two-bedroom apartment of 988 sqft on the 2nd 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 26 October 2023 for AED 2,000,000, or AED 2,024 per sqft, 9% above the AED 1,855 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 11 February 2022. The current contract, signed on 11 February 2022, is AED 77,000 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 20,600 a year.

Sales and rents for 214 over time

Sales
Unit 214, 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, September 2021: AED 1,548,888 (AED 1,567 per sqft)Sold, October 2023: AED 2,000,000 (AED 2,024 per sqft)

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

Rents
Unit 214, 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 77,000 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 214 sits

All 202 2-beds →

214 last sold in October 2023 at AED 2,024 per sqft, 9% above what two-beds in Park Ridge Tower C were fetching at the time (AED 1,855). 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. 214's AED 77,000 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 2nd floor

All 476 units in Park Ridge Tower C
Value
2011-bedAED 1.5M · Nov 2025
2021-bedAED 958K · Oct 2018
2031-bedAED 1.55M · Mar 2025
2041-bedAED 1.14M · Feb 2023
2051-bedAED 975K · Oct 2018
2061-bedAED 1.17M · Jan 2023
2072-bedAED 2.33M · Dec 2023
1–7 of 20

214, Park Ridge Tower C in numbers

  • Sold twice: first on 28 September 2021 for AED 1,548,888, last on 26 October 2023 for AED 2,000,000 (AED 2,024 per sqft).
  • Rented since February 2022 on one Ejari contract, at AED 77,000 a year.
  • At AED 77,000 a year the gross yield on the 2023 price is 3.9%, 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 26 October 2023.

Questions about 214, Park Ridge Tower C

What did unit 214 last sell for?

AED 2,000,000 on 26 October 2023: AED 2,024 per sqft for 988 sqft. The unit has 2 registered sales; the first was AED 1,548,888 in September 2021.

What is the rent for unit 214?

AED 77,000 a year on the contract signed on 11 February 2022.

How big is unit 214?

988 sqft (91.8 sqm): a two-bedroom apartment on the 2nd floor of a 22-storey tower completed in 2022.

What is unit 214 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 214, Park Ridge Tower C

Starts from the last sale price (AED 2M, 26 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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