1-bed · 648 sqftPark Ridge Tower C, Dubai Hills Estate · 5th floor · completed 2022

502, Park Ridge Tower C

Sold prices and rental history: sold once, by the developer in September 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 2 October 2025
Last soldAED 964K25 September 2018
Current rentAED 66K /yr2 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Park Ridge Tower C

What is 502 worth today?

Last sold for AED 963,888 in 2018

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2 Oct 2025RentedRenewal
AED 66,412/yr12 months · AED 103 per sqft
2 Oct 2024RentedRenewal
AED 57,750/yr12 months · AED 89 per sqft
2 Oct 2023RentedRenewal
AED 52,500/yr12 months · AED 81 per sqft
2 Sep 2022RentedRenewal
AED 50,000/yr13 months · AED 77 per sqft
2 Sep 2021RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
25 Sep 2018Sold by developerOff-plan
AED 963,888AED 1,486 per sqft

Source: Dubai Land Department. Updated 2 October 2025.

Key facts

Type
1-bed apartment
Size
648 sqft
Floor
5th of 22
Parking
B1-1164
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 13,600 /yr
Last sold
AED 964K · September 2018

About 502, Park Ridge Tower C

502 is a one-bedroom apartment of 648 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. The developer sold it on 25 September 2018 for AED 963,888, or AED 1,486 per sqft, in line with the AED 1,462 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 2 October 2025, is AED 66,412 a year: a gross yield of 6.9% on the 2018 price, before the service charge of about AED 13,600 a year.

Sales and rents for 502 over time

Sales
Unit 502, 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, September 2018: AED 963,888 (AED 1,486 per sqft)

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

Rents
Unit 502, 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 yearRenewal, October 2023: AED 52,500 a yearRenewal, October 2024: AED 57,750 a yearRenewal, October 2025: AED 66,412 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 502 sits

All 226 1-beds →

502 last sold in September 2018 at AED 1,486 per sqft, in line with what one-beds in Park Ridge Tower C were fetching at the time (AED 1,462). 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. 502's AED 66,412 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
5011-bedAED 1.5M · May 2025
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

502, Park Ridge Tower C in numbers

  • Sold once: by Dubai Hills Estate on 25 September 2018 for AED 963,888, or AED 1,486 per sqft.
  • Rented since September 2021 on 5 Ejari contracts, from AED 50,000 to AED 66,412 a year.
  • At AED 66,412 a year the gross yield on the 2018 price is 6.9%, before a service charge of about AED 13,600 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 2 October 2025.

Questions about 502, Park Ridge Tower C

What did unit 502 last sell for?

AED 963,888 on 25 September 2018, sold by the developer: AED 1,486 per sqft for 648 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 66,412 a year on the contract renewed on 2 October 2025. The previous contract, from October 2024, was AED 57,750; the unit has been rented since September 2021.

How big is unit 502?

648 sqft (60.2 sqm): a one-bedroom apartment on the 5th floor of a 22-storey tower completed in 2022.

What is unit 502 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 502, Park Ridge Tower C

Starts from the last sale price (AED 964K, 25 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 963,888
Deposit, UAE resident (20%)
AED 192,778
Deposit, non-resident (40%)
AED 385,555
Monthly over 25 years at 3.7%
AED 3,944

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