2-bed · 986 sqftPark Ridge Tower C, Dubai Hills Estate · 3rd floor · completed 2022

314, Park Ridge Tower C

Sold prices and rental history: sold twice, last in February 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 314 · DLD and Ejari recordsUpdated 9 February 2024
Last soldAED 2M9 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 314, Park Ridge Tower C

What is 314 worth today?

Last sold for AED 2,000,000 in 2024

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9 Feb 2024SoldReady
AED 2,000,000AED 2,027 per sqft
28 Sep 2021Sold by developerReady
AED 1,551,888AED 1,573 per sqft

Source: Dubai Land Department. Updated 9 February 2024.

Key facts

Type
2-bed apartment
Size
986 sqft
Floor
3rd of 22
Parking
B1-1002
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 20,600 /yr
Last sold
AED 2M · February 2024

About 314, Park Ridge Tower C

314 is a two-bedroom apartment of 986 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. It last sold on 9 February 2024 for AED 2,000,000, or AED 2,027 per sqft, in line with the AED 2,050 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 314 over time

Sales
Unit 314, 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 1,551,888 (AED 1,573 per sqft)Sold, February 2024: AED 2,000,000 (AED 2,027 per sqft)

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

Rents
Unit 314, 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 130,000

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 314 sits

All 202 2-beds →

314 last sold in February 2024 at AED 2,027 per sqft, in line with what two-beds in Park Ridge Tower C were fetching at the time (AED 2,050). 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.

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 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
3041-bedAED 962K · Jan 2019
3051-bedAED 937K · Sep 2018
3061-bedAED 1.2M · Mar 2023
3072-bedAED 1.51M · Jul 2019
1–7 of 20

314, Park Ridge Tower C in numbers

  • Sold twice: first on 28 September 2021 for AED 1,551,888, last on 9 February 2024 for AED 2,000,000 (AED 2,027 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 9 February 2024.

Questions about 314, Park Ridge Tower C

What did unit 314 last sell for?

AED 2,000,000 on 9 February 2024: AED 2,027 per sqft for 986 sqft. The unit has 2 registered sales; the first was AED 1,551,888 in September 2021.

How big is unit 314?

986 sqft (91.6 sqm): a two-bedroom apartment on the 3rd floor of a 22-storey tower completed in 2022.

What is unit 314 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 314, Park Ridge Tower C

Starts from the last sale price (AED 2M, 9 February 2024). 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 →