2-bed · 996 sqftPark Ridge Tower C, Dubai Hills Estate · 5th floor · completed 2022

508, Park Ridge Tower C

Sold prices and rental history: sold once, by the developer in November 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 13 November 2018
Last soldAED 1.51M13 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Park Ridge Tower C

What is 508 worth today?

Last sold for AED 1,514,888 in 2018

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13 Nov 2018Sold by developerOff-plan
AED 1,514,888AED 1,521 per sqft

Source: Dubai Land Department. Updated 13 November 2018.

Key facts

Type
2-bed apartment
Size
996 sqft
Floor
5th of 22
Parking
B2-2419
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 20,800 /yr
Last sold
AED 1.51M · November 2018

About 508, Park Ridge Tower C

508 is a two-bedroom apartment of 996 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 13 November 2018 for AED 1,514,888, or AED 1,521 per sqft, in line with the AED 1,488 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 508 over time

Sales
Unit 508, 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, November 2018: AED 1,514,888 (AED 1,521 per sqft)

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

Rents
Unit 508, 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 508 sits

All 202 2-beds →

508 last sold in November 2018 at AED 1,521 per sqft, in line with what two-beds in Park Ridge Tower C were fetching at the time (AED 1,488). 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 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
5061-bedAED 988K · Oct 2017
5072-bedAED 1.45M · Feb 2018
1–7 of 20

508, Park Ridge Tower C in numbers

  • Sold once: by Dubai Hills Estate on 13 November 2018 for AED 1,514,888, or AED 1,521 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 13 November 2018.

Questions about 508, Park Ridge Tower C

What did unit 508 last sell for?

AED 1,514,888 on 13 November 2018, sold by the developer: AED 1,521 per sqft for 996 sqft. It is the only registered sale of the unit.

How big is unit 508?

996 sqft (92.5 sqm): a two-bedroom apartment on the 5th floor of a 22-storey tower completed in 2022.

What is unit 508 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 508, Park Ridge Tower C

Starts from the last sale price (AED 1.51M, 13 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,514,888
Deposit, UAE resident (20%)
AED 302,978
Deposit, non-resident (40%)
AED 605,955
Monthly over 25 years at 3.7%
AED 6,198

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