2-bed · 995 sqftPark Ridge Tower C, Dubai Hills Estate · 4th floor · completed 2022

420, Park Ridge Tower C

Sold prices and rental history: sold 4 times, last in October 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 420 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 2.98M15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 420, Park Ridge Tower C

What is 420 worth today?

Last sold for AED 2,975,000 in 2024

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15 Oct 2024SoldReady
AED 2,975,000AED 2,991 per sqft
21 Feb 2024SoldReady
AED 2,550,000AED 2,563 per sqft
8 Feb 2023SoldReady
AED 1,610,888AED 1,619 per sqft
9 Apr 2020Sold by developerOff-plan
AED 1,610,888AED 1,619 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
2-bed apartment
Size
995 sqft
Floor
4th of 22
Parking
B1-1116
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 20,800 /yr
Last sold
AED 2.98M · October 2024

About 420, Park Ridge Tower C

420 is a two-bedroom apartment of 995 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 15 October 2024 for AED 2,975,000, or AED 2,991 per sqft, 26% above the AED 2,370 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 420 over time

Sales
Unit 420, each saleTypical two-bed in Park Ridge Tower C
2M3M2017202020232026Typical 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, April 2020: AED 1,610,888 (AED 1,619 per sqft)Sold, February 2023: AED 1,610,888 (AED 1,619 per sqft)Sold, February 2024: AED 2,550,000 (AED 2,563 per sqft)Sold, October 2024: AED 2,975,000 (AED 2,991 per sqft)

420 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 420, 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 420 sits

All 202 2-beds →

420 last sold in October 2024 at AED 2,991 per sqft, 26% above what two-beds in Park Ridge Tower C were fetching at the time (AED 2,370). 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 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

420, Park Ridge Tower C in numbers

  • Sold 4 times: first on 9 April 2020 for AED 1,610,888, last on 15 October 2024 for AED 2,975,000 (AED 2,991 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 15 October 2024.

Questions about 420, Park Ridge Tower C

What did unit 420 last sell for?

AED 2,975,000 on 15 October 2024: AED 2,991 per sqft for 995 sqft. The unit has 4 registered sales; the first was AED 1,610,888 in April 2020.

How big is unit 420?

995 sqft (92.4 sqm): a two-bedroom apartment on the 4th floor of a 22-storey tower completed in 2022.

What is unit 420 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 420, Park Ridge Tower C

Starts from the last sale price (AED 2.98M, 15 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,975,000
Deposit, UAE resident (20%)
AED 595,000
Deposit, non-resident (40%)
AED 1,190,000
Monthly over 25 years at 3.7%
AED 12,172

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