2-bed · 982 sqftPark Ridge Tower C, Dubai Hills Estate · 3rd floor · completed 2022

319, Park Ridge Tower C

Sold prices and rental history: sold 3 times, last in November 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 319 · DLD and Ejari recordsUpdated 24 November 2021
Last soldAED 1.6M24 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 319, Park Ridge Tower C

What is 319 worth today?

Last sold for AED 1,600,000 in 2021

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24 Nov 2021SoldReady
AED 1,600,000AED 1,628 per sqft
9 Feb 2020SoldOff-plan
AED 900,000AED 916 per sqft
25 Mar 2019Sold by developerOff-plan
AED 1,485,888AED 1,512 per sqft

Source: Dubai Land Department. Updated 24 November 2021.

Key facts

Type
2-bed apartment
Size
982 sqft
Floor
3rd of 22
Parking
B2-2456
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 20,500 /yr
Last sold
AED 1.6M · November 2021

About 319, Park Ridge Tower C

319 is a two-bedroom apartment of 982 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 24 November 2021 for AED 1,600,000, or AED 1,628 per sqft, 3% above the AED 1,578 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 319 over time

Sales
Unit 319, each saleTypical two-bed in Park Ridge Tower C
1M2M2017202020232026Typical 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, March 2019: AED 1,485,888 (AED 1,512 per sqft)Sold, February 2020: AED 900,000 (AED 916 per sqft)Sold, November 2021: AED 1,600,000 (AED 1,628 per sqft)

319 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 319, 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 319 sits

All 202 2-beds →

319 last sold in November 2021 at AED 1,628 per sqft, 3% above what two-beds in Park Ridge Tower C were fetching at the time (AED 1,578). 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

319, Park Ridge Tower C in numbers

  • Sold 3 times: first on 25 March 2019 for AED 1,485,888, last on 24 November 2021 for AED 1,600,000 (AED 1,628 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 24 November 2021.

Questions about 319, Park Ridge Tower C

What did unit 319 last sell for?

AED 1,600,000 on 24 November 2021: AED 1,628 per sqft for 982 sqft. The unit has 3 registered sales; the first was AED 1,485,888 in March 2019.

How big is unit 319?

982 sqft (91.2 sqm): a two-bedroom apartment on the 3rd floor of a 22-storey tower completed in 2022.

What is unit 319 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 319, Park Ridge Tower C

Starts from the last sale price (AED 1.6M, 24 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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