1-bed · 654 sqftPark Ridge Tower C, Dubai Hills Estate · 22nd floor · completed 2022

2204, Park Ridge Tower C

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

Unit 2204 · DLD and Ejari recordsUpdated 7 November 2024
Last soldAED 967K5 March 2019
Current rentAED 79K /yr7 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2204, Park Ridge Tower C

What is 2204 worth today?

Last sold for AED 966,888 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Nov 2024RentedRenewal
AED 78,750/yr12 months · AED 122 per sqft
7 Nov 2023RentedRenewal
AED 75,000/yr12 months · AED 116 per sqft
7 Nov 2022RentedNew contract
AED 70,000/yr12 months · AED 107 per sqft
8 Mar 2022RentedNew contract
AED 60,000/yr12 months · AED 91 per sqft
5 Mar 2019Sold by developerOff-plan
AED 966,888AED 1,477 per sqft

Source: Dubai Land Department. Updated 7 November 2024.

Key facts

Type
1-bed apartment
Size
654 sqft
Floor
22nd of 22
Parking
B2-2555
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 13,700 /yr
Last sold
AED 967K · March 2019

About 2204, Park Ridge Tower C

2204 is a one-bedroom apartment of 654 sqft on the 22nd 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 5 March 2019 for AED 966,888, or AED 1,477 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 7 November 2024, is AED 78,750 a year: a gross yield of 8.1% on the 2019 price, before the service charge of about AED 13,700 a year.

Sales and rents for 2204 over time

Sales
Unit 2204, each saleTypical one-bed in Park Ridge Tower C
1M1.5M2017202020232026Typical sale price by year: 2017 AED 958,888; 2018 AED 952,888; 2019 AED 964,888; 2020 AED 1,006,888; 2021 AED 850,000; 2022 AED 1,071,444; 2023 AED 1,230,000; 2024 AED 1,450,000; 2025 AED 1,550,000; 2026 AED 1,580,000Sold by developer, March 2019: AED 966,888 (AED 1,477 per sqft)

2204 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2204, each contractTypical one-bed in Park Ridge Tower C
60K80K100K2021202320252027Typical rent by year: 2021 AED 55,000; 2022 AED 60,000; 2023 AED 68,000; 2024 AED 86,000; 2025 AED 95,000; 2026 AED 90,000New contract, March 2022: AED 60,000 a yearNew contract, November 2022: AED 70,000 a yearRenewal, November 2023: AED 75,000 a yearRenewal, November 2024: AED 78,750 a year

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 2204 sits

All 226 1-beds →

2204 last sold in March 2019 at AED 1,477 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. 2204's AED 78,750 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 20261,425,000
13 Jul 20261,530,000
1 Jul 20261,690,000
10 Apr 20261,706,900
7 1-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 22nd floor

All 476 units in Park Ridge Tower C
Value
22012-bedAED 1.49M · Mar 2019
22021-bedAED 961K · Mar 2019
22031-bedAED 972K · Nov 2020
22052-bedAED 1.42M · Mar 2019
22062-bedAED 1.42M · Mar 2019
22072-bedAED 1.43M · Mar 2019
22081-bedAED 978K · Mar 2019
1–7 of 11

2204, Park Ridge Tower C in numbers

  • Sold once: by Dubai Hills Estate on 5 March 2019 for AED 966,888, or AED 1,477 per sqft.
  • Rented since March 2022 on 4 Ejari contracts, from AED 60,000 to AED 78,750 a year.
  • At AED 78,750 a year the gross yield on the 2019 price is 8.1%, before a service charge of about AED 13,700 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 7 November 2024.

Questions about 2204, Park Ridge Tower C

What did unit 2204 last sell for?

AED 966,888 on 5 March 2019, sold by the developer: AED 1,477 per sqft for 654 sqft. It is the only registered sale of the unit.

What is the rent for unit 2204?

AED 78,750 a year on the contract renewed on 7 November 2024. The previous contract, from November 2023, was AED 75,000; the unit has been rented since March 2022.

How big is unit 2204?

654 sqft (60.8 sqm): a one-bedroom apartment on the 22nd floor of a 22-storey tower completed in 2022.

What is unit 2204 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.

Selling 2204? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2204, Park Ridge Tower C

Starts from the last sale price (AED 967K, 5 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 966,888
Deposit, UAE resident (20%)
AED 193,378
Deposit, non-resident (40%)
AED 386,755
Monthly over 25 years at 3.7%
AED 3,956

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