1-bed · 664 sqftPark Ridge Tower C, Dubai Hills Estate · 5th floor · completed 2022

501, Park Ridge Tower C

Sold prices and rental history: sold twice, last in May 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 20 May 2025
Last soldAED 1.5M20 May 2025
Current rentAED 80K /yr10 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Park Ridge Tower C

What is 501 worth today?

Last sold for AED 1,500,000 in 2025

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20 May 2025SoldReady
AED 1,500,000AED 2,257 per sqft
10 May 2024RentedRenewal
AED 80,000/yr12 months · AED 122 per sqft
10 May 2023RentedNew contract
AED 80,000/yr12 months · AED 120 per sqft
27 Sep 2022RentedRenewal
AED 50,000/yr12 months · AED 76 per sqft
27 Sep 2021RentedNew contract
AED 50,000/yr12 months · AED 75 per sqft
16 Aug 2020Sold by developerOff-plan
AED 950,888AED 1,452 per sqft

Source: Dubai Land Department. Updated 20 May 2025.

Key facts

Type
1-bed apartment
Size
664 sqft
Floor
5th of 22
Parking
B1-1209
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 13,900 /yr
Last sold
AED 1.5M · May 2025

About 501, Park Ridge Tower C

501 is a one-bedroom apartment of 664 sqft on the 5th 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 20 May 2025 for AED 1,500,000, or AED 2,257 per sqft, in line with the AED 2,315 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 10 May 2024, is AED 80,000 a year: a gross yield of 5.3% on the 2025 price, before the service charge of about AED 13,900 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Park Ridge Tower C
1M1.5M2017202020232026Typical sale price by year: 2017 AED 958,888; 2018 AED 952,888; 2019 AED 964,888; 2020 AED 1,006,888; 2021 AED 850,000; 2022 AED 1,071,444; 2023 AED 1,230,000; 2024 AED 1,450,000; 2025 AED 1,550,000; 2026 AED 1,580,000Sold by developer, August 2020: AED 950,888 (AED 1,452 per sqft)Sold, May 2025: AED 1,500,000 (AED 2,257 per sqft)

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

Rents
Unit 501, each contractTypical one-bed in Park Ridge Tower C
50K75K100K2021202320252027Typical rent by year: 2021 AED 55,000; 2022 AED 60,000; 2023 AED 68,000; 2024 AED 86,000; 2025 AED 95,000; 2026 AED 90,000New contract, September 2021: AED 50,000 a yearRenewal, September 2022: AED 50,000 a yearNew contract, May 2023: AED 80,000 a yearRenewal, May 2024: AED 80,000 a year

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

1-beds in Park Ridge Tower C, and where 501 sits

All 226 1-beds →

501 last sold in May 2025 at AED 2,257 per sqft, in line with what one-beds in Park Ridge Tower C were fetching at the time (AED 2,315). Over the last 12 months one-beds sold for AED 1,425,000 to 1,706,900, around AED 2,390 per sqft, and rent for AED 54,000 to 192,774 a year. 501's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 20261,425,000
13 Jul 20261,530,000
1 Jul 20261,690,000
10 Apr 20261,706,900
7 1-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 5th floor

All 476 units in Park Ridge Tower C
Value
5021-bedAED 964K · Sep 2018
5031-bedAED 850K · Nov 2021
5041-bedAED 945K · Jan 2019
5051-bedAED 940K · Feb 2019
5061-bedAED 988K · Oct 2017
5072-bedAED 1.45M · Feb 2018
5082-bedAED 1.51M · Nov 2018
1–7 of 20

501, Park Ridge Tower C in numbers

  • Sold twice: first on 16 August 2020 for AED 950,888, last on 20 May 2025 for AED 1,500,000 (AED 2,257 per sqft).
  • Rented since September 2021 on 4 Ejari contracts, from AED 50,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2025 price is 5.3%, before a service charge of about AED 13,900 a year (AED 20.90 per sqft).
  • One-beds in Park Ridge Tower C sold for AED 1,425,000–1,706,900 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 20 May 2025.

Questions about 501, Park Ridge Tower C

What did unit 501 last sell for?

AED 1,500,000 on 20 May 2025: AED 2,257 per sqft for 664 sqft. The unit has 2 registered sales; the first was AED 950,888 in August 2020.

What is the rent for unit 501?

AED 80,000 a year on the contract renewed on 10 May 2024. The previous contract, from May 2023, was AED 80,000; the unit has been rented since September 2021.

How big is unit 501?

664 sqft (61.7 sqm): a one-bedroom apartment on the 5th floor of a 22-storey tower completed in 2022.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Ridge Tower C sold for AED 1,425,000 to 1,706,900 in the last 12 months, around AED 2,390 per sqft.

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Mortgage on 501, Park Ridge Tower C

Starts from the last sale price (AED 1.5M, 20 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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