2-bed · 996 sqftPark Ridge Tower C, Dubai Hills Estate · 4th floor · completed 2022

408, Park Ridge Tower C

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 25 July 2026
Last soldAED 2.33M21 November 2023
Current rentAED 115K /yr25 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Park Ridge Tower C

What is 408 worth today?

Last sold for AED 2,330,000 in 2023

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25 Jul 2026RentedNew contract
AED 115,000/yr12 months · AED 115 per sqft
14 Mar 2025RentedNew contract
AED 160,000/yr12 months · AED 160 per sqft
14 Mar 2025RentedNew contract
AED 160,000/yr12 months · AED 160 per sqft
15 Jan 2024RentedNew contract
AED 160,000/yr12 months · AED 160 per sqft
21 Nov 2023SoldReady
AED 2,330,000AED 2,339 per sqft
15 May 2023RentedNew contract
AED 150,000/yr12 months · AED 150 per sqft
31 Mar 2023SoldReady
AED 1,850,000AED 1,857 per sqft
5 Jul 2020Sold by developerOff-plan
AED 1,510,394AED 1,516 per sqft

Source: Dubai Land Department. Updated 25 July 2026.

Key facts

Type
2-bed apartment
Size
996 sqft
Floor
4th of 22
Parking
B1-1080
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 20,800 /yr
Last sold
AED 2.33M · November 2023

About 408, Park Ridge Tower C

408 is a two-bedroom apartment of 996 sqft on the 4th 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 21 November 2023 for AED 2,330,000, or AED 2,339 per sqft, 23% above the AED 1,905 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 25 July 2026, is AED 115,000 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 20,800 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, July 2020: AED 1,510,394 (AED 1,516 per sqft)Sold, March 2023: AED 1,850,000 (AED 1,857 per sqft)Sold, November 2023: AED 2,330,000 (AED 2,339 per sqft)

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

Rents
Unit 408, 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 130,000New contract, May 2023: AED 150,000 a yearNew contract, January 2024: AED 160,000 a yearNew contract, March 2025: AED 160,000 a yearNew contract, March 2025: AED 160,000 a yearNew contract, July 2026: AED 115,000 a year

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 408 sits

All 202 2-beds →

408 last sold in November 2023 at AED 2,339 per sqft, 23% above what two-beds in Park Ridge Tower C were fetching at the time (AED 1,905). 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. 408's AED 115,000 is in the lower half of that range.

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 4th floor

All 476 units in Park Ridge Tower C
Value
4011-bedAED 1.35M · Oct 2024
4021-bedAED 1.03M · Oct 2019
4031-bedAED 1.25M · Jul 2023
4041-bedAED 940K · Jan 2022
4051-bedAED 1.03M · Sep 2019
4061-bedAED 1.25M · Apr 2022
4072-bedAED 1.6M · Aug 2022
1–7 of 20

408, Park Ridge Tower C in numbers

  • Sold 3 times: first on 5 July 2020 for AED 1,510,394, last on 21 November 2023 for AED 2,330,000 (AED 2,339 per sqft).
  • Rented since May 2023 on 5 Ejari contracts, from AED 150,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2023 price is 4.9%, before a service charge of about AED 20,800 a year (AED 20.90 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 25 July 2026.

Questions about 408, Park Ridge Tower C

What did unit 408 last sell for?

AED 2,330,000 on 21 November 2023: AED 2,339 per sqft for 996 sqft. The unit has 3 registered sales; the first was AED 1,510,394 in July 2020.

What is the rent for unit 408?

AED 115,000 a year on the contract signed on 25 July 2026. The previous contract, from March 2025, was AED 160,000; the unit has been rented since May 2023.

How big is unit 408?

996 sqft (92.5 sqm): a two-bedroom apartment on the 4th floor of a 22-storey tower completed in 2022.

What is unit 408 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 408, Park Ridge Tower C

Starts from the last sale price (AED 2.33M, 21 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,330,000
Deposit, UAE resident (20%)
AED 466,000
Deposit, non-resident (40%)
AED 932,000
Monthly over 25 years at 3.7%
AED 9,533

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