1-bed · 651 sqftPark Ridge Tower C, Dubai Hills Estate · 3rd floor · completed 2022

304, Park Ridge Tower C

Sold prices and rental history: sold once, by the developer in January 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 10 December 2024
Last soldAED 962K31 January 2019
Current rentAED 100K /yr10 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Park Ridge Tower C

What is 304 worth today?

Last sold for AED 961,888 in 2019

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10 Dec 2024RentedRenewal
AED 100,000/yr12 months · AED 152 per sqft
10 Dec 2023RentedRenewal
AED 100,000/yr12 months · AED 152 per sqft
10 Dec 2022RentedRenewal
AED 100,000/yr12 months · AED 152 per sqft
10 Dec 2021RentedNew contract
AED 100,000/yr12 months · AED 152 per sqft
31 Jan 2019Sold by developerOff-plan
AED 961,888AED 1,477 per sqft

Source: Dubai Land Department. Updated 10 December 2024.

Key facts

Type
1-bed apartment
Size
651 sqft
Floor
3rd of 22
Parking
B1-1247
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 13,600 /yr
Last sold
AED 962K · January 2019

About 304, Park Ridge Tower C

304 is a one-bedroom apartment of 651 sqft on the 3rd 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 31 January 2019 for AED 961,888, or AED 1,477 per sqft, in line with the AED 1,475 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 10 December 2024, is AED 100,000 a year: a gross yield of 10.4% on the 2019 price, before the service charge of about AED 13,600 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, January 2019: AED 961,888 (AED 1,477 per sqft)

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

Rents
Unit 304, each contractTypical one-bed in Park Ridge Tower C
50K75K100K2021202320252027Typical 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, December 2021: AED 100,000 a yearRenewal, December 2022: AED 100,000 a yearRenewal, December 2023: AED 100,000 a yearRenewal, December 2024: AED 100,000 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 304 sits

All 226 1-beds →

304 last sold in January 2019 at AED 1,477 per sqft, in line with what one-beds in Park Ridge Tower C were fetching at the time (AED 1,475). 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. 304's AED 100,000 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 3rd floor

All 476 units in Park Ridge Tower C
Value
3011-bedAED 1.25M · Nov 2023
3021-bedAED 940K · Mar 2019
3031-bedAED 934K · May 2019
3051-bedAED 937K · Sep 2018
3061-bedAED 1.2M · Mar 2023
3072-bedAED 1.51M · Jul 2019
3082-bedAED 1.04M · Jan 2020
1–7 of 20

304, Park Ridge Tower C in numbers

  • Sold once: by Dubai Hills Estate on 31 January 2019 for AED 961,888, or AED 1,477 per sqft.
  • Rented since December 2021 on 4 Ejari contracts, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2019 price is 10.4%, before a service charge of about AED 13,600 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 10 December 2024.

Questions about 304, Park Ridge Tower C

What did unit 304 last sell for?

AED 961,888 on 31 January 2019, sold by the developer: AED 1,477 per sqft for 651 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 100,000 a year on the contract renewed on 10 December 2024. The previous contract, from December 2023, was AED 100,000; the unit has been rented since December 2021.

How big is unit 304?

651 sqft (60.5 sqm): a one-bedroom apartment on the 3rd floor of a 22-storey tower completed in 2022.

What is unit 304 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 304, Park Ridge Tower C

Starts from the last sale price (AED 962K, 31 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 961,888
Deposit, UAE resident (20%)
AED 192,378
Deposit, non-resident (40%)
AED 384,755
Monthly over 25 years at 3.7%
AED 3,935

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