1-bed · 647 sqftPark Ridge Tower C, Dubai Hills Estate · 5th floor · completed 2022

506, Park Ridge Tower C

Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 988K18 October 2017
Current rentAED 80K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Park Ridge Tower C

What is 506 worth today?

Last sold for AED 987,888 in 2017

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1 Nov 2026RentedRenewal
AED 80,000/yr12 months · AED 124 per sqft
1 Nov 2025RentedNew contract
AED 155,000/yr12 months · AED 240 per sqft
19 Oct 2023RentedRenewal
AED 125,000/yr12 months · AED 194 per sqft
19 Oct 2022RentedRenewal
AED 90,000/yr12 months · AED 139 per sqft
19 Oct 2021RentedNew contract
AED 65,000/yr12 months · AED 101 per sqft
18 Oct 2017Sold by developerOff-plan
AED 987,888AED 1,526 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
1-bed apartment
Size
647 sqft
Floor
5th of 22
Parking
B2-2308
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 13,500 /yr
Last sold
AED 988K · October 2017

About 506, Park Ridge Tower C

506 is a one-bedroom apartment of 647 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 18 October 2017 for AED 987,888, or AED 1,526 per sqft, in line with the AED 1,484 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 1 November 2026, is AED 80,000 a year: a gross yield of 8.1% on the 2017 price, before the service charge of about AED 13,500 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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, October 2017: AED 987,888 (AED 1,526 per sqft)

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

Rents
Unit 506, each contractTypical one-bed in Park Ridge Tower C
50K100K150K2021202320252027Typical 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, October 2021: AED 65,000 a yearRenewal, October 2022: AED 90,000 a yearRenewal, October 2023: AED 125,000 a yearNew contract, November 2025: AED 155,000 a yearRenewal, November 2026: 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 506 sits

All 226 1-beds →

506 last sold in October 2017 at AED 1,526 per sqft, in line with what one-beds in Park Ridge Tower C were fetching at the time (AED 1,484). 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. 506'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
5011-bedAED 1.5M · May 2025
5021-bedAED 964K · Sep 2018
5031-bedAED 850K · Nov 2021
5041-bedAED 945K · Jan 2019
5051-bedAED 940K · Feb 2019
5072-bedAED 1.45M · Feb 2018
5082-bedAED 1.51M · Nov 2018
1–7 of 20

506, Park Ridge Tower C in numbers

  • Sold once: by Dubai Hills Estate on 18 October 2017 for AED 987,888, or AED 1,526 per sqft.
  • Rented since October 2021 on 5 Ejari contracts, from AED 65,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2017 price is 8.1%, before a service charge of about AED 13,500 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 1 November 2026.

Questions about 506, Park Ridge Tower C

What did unit 506 last sell for?

AED 987,888 on 18 October 2017, sold by the developer: AED 1,526 per sqft for 647 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 80,000 a year on the contract renewed on 1 November 2026. The previous contract, from November 2025, was AED 155,000; the unit has been rented since October 2021.

How big is unit 506?

647 sqft (60.1 sqm): a one-bedroom apartment on the 5th floor of a 22-storey tower completed in 2022.

What is unit 506 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 506, Park Ridge Tower C

Starts from the last sale price (AED 988K, 18 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 987,888
Deposit, UAE resident (20%)
AED 197,578
Deposit, non-resident (40%)
AED 395,155
Monthly over 25 years at 3.7%
AED 4,042

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