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3-bed · 1,573 sqftPark Ridge Tower C, Dubai Hills Estate · 3rd floor · completed 2022

318, Park Ridge Tower C

Sold prices and rental history: sold twice, last in January 2025, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 318 · DLD and Ejari recordsUpdated 23 January 2025
Last soldAED 3.9M23 January 2025
Current rentAED 232K /yr5 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 318, Park Ridge Tower C

What is 318 worth today?

Last sold for AED 3,900,000 in 2025

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23 Jan 2025SoldReady
AED 3,900,000AED 2,478 per sqft
5 Jun 2024RentedRenewal
AED 232,000/yr12 months · AED 148 per sqft
5 Jun 2023RentedNew contract
AED 230,000/yr12 months · AED 146 per sqft
16 Oct 2021Sold by developerReady
AED 2,760,888AED 1,754 per sqft

Source: Dubai Land Department. Updated 23 January 2025.

Key facts

Type
3-bed apartment
Size
1,573 sqft
Floor
3rd of 22
Parking
B1-1099, B1-1100
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 32,900 /yr
Last sold
AED 3.9M · January 2025
Building
Park Ridge Tower C

About 318, Park Ridge Tower C

318 is a three-bedroom apartment of 1,573 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 23 January 2025 for AED 3,900,000, or AED 2,478 per sqft, 15% above the AED 2,157 three-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 5 June 2024, is AED 232,000 a year: a gross yield of 5.9% on the 2025 price, before the service charge of about AED 32,900 a year.

Sales and rents for 318 over time

Sales
Unit 318, each saleTypical three-bed in Park Ridge Tower C
3M4M2018202120242027Typical sale price by year: 2018 AED 2,496,888; 2019 AED 2,464,888; 2021 AED 2,670,388; 2022 AED 2,680,888; 2023 AED 3,452,500; 2024 AED 3,400,000; 2025 AED 3,937,500; 2026 AED 3,950,000Sold by developer, October 2021: AED 2,760,888 (AED 1,754 per sqft)Sold, January 2025: AED 3,900,000 (AED 2,478 per sqft)

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

Rents
Unit 318, each contractTypical three-bed in Park Ridge Tower C
150K200K2021202320252027Typical rent by year: 2021 AED 145,000; 2022 AED 155,000; 2023 AED 190,000; 2024 AED 215,000; 2025 AED 232,500; 2026 AED 205,000New contract, June 2023: AED 230,000 a yearRenewal, June 2024: AED 232,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Park Ridge Tower C, and where 318 sits

All 48 3-beds →

318 last sold in January 2025 at AED 2,478 per sqft, 15% above what three-beds in Park Ridge Tower C were fetching at the time (AED 2,157). Over the last 12 months three-beds sold for AED 3,850,000 to 4,050,000, around AED 2,508 per sqft, and rent for AED 180,000 to 270,000 a year. 318's AED 232,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Jul 20263,900,000
5 Jun 20264,050,000
22 Jan 20263,850,000
19 Jan 20264,000,000
4 3-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

318, Park Ridge Tower C in numbers

  • Sold twice: first on 16 October 2021 for AED 2,760,888, last on 23 January 2025 for AED 3,900,000 (AED 2,478 per sqft).
  • Rented since June 2023 on 2 Ejari contracts, from AED 230,000 to AED 232,000 a year.
  • At AED 232,000 a year the gross yield on the 2025 price is 5.9%, before a service charge of about AED 32,900 a year (AED 20.90 per sqft).
  • Three-beds in Park Ridge Tower C sold for AED 3,850,000–4,050,000 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 23 January 2025.

Questions about 318, Park Ridge Tower C

What did unit 318 last sell for?

AED 3,900,000 on 23 January 2025: AED 2,478 per sqft for 1,573 sqft. The unit has 2 registered sales; the first was AED 2,760,888 in October 2021.

What is the rent for unit 318?

AED 232,000 a year on the contract renewed on 5 June 2024. The previous contract, from June 2023, was AED 230,000.

How big is unit 318?

1,573 sqft (146.1 sqm): a three-bedroom apartment on the 3rd floor of a 22-storey tower completed in 2022.

What is unit 318 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Park Ridge Tower C sold for AED 3,850,000 to 4,050,000 in the last 12 months, around AED 2,508 per sqft.

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Mortgage on 318, Park Ridge Tower C

Starts from the last sale price (AED 3.9M, 23 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,900,000
Deposit, UAE resident (20%)
AED 780,000
Deposit, non-resident (40%)
AED 1,560,000
Monthly over 25 years at 3.7%
AED 15,956

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