1-bed · 649 sqftPark Ridge Tower C, Dubai Hills Estate · 5th floor · completed 2022

511, Park Ridge Tower C

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

Unit 511 · DLD and Ejari recordsUpdated 16 February 2025
Last soldAED 845K3 October 2021
Current rentAED 106K /yr16 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Park Ridge Tower C

What is 511 worth today?

Last sold for AED 845,000 in 2021

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16 Feb 2025RentedNew contract
AED 106,000/yr12 months · AED 164 per sqft
15 Oct 2022RentedRenewal
AED 72,000/yr12 months · AED 111 per sqft
15 Oct 2021RentedNew contract
AED 72,000/yr12 months · AED 111 per sqft
3 Oct 2021SoldReady
AED 845,000AED 1,302 per sqft
18 Oct 2017Sold by developerOff-plan
AED 890,888AED 1,373 per sqft

Source: Dubai Land Department. Updated 16 February 2025.

Key facts

Type
1-bed apartment
Size
649 sqft
Floor
5th of 22
Parking
B2-2207
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 13,600 /yr
Last sold
AED 845K · October 2021

About 511, Park Ridge Tower C

511 is a one-bedroom apartment of 649 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 3 October 2021 for AED 845,000, or AED 1,302 per sqft, 17% below the AED 1,571 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 16 February 2025, is AED 106,000 a year: a gross yield of 12.5% on the 2021 price, before the service charge of about AED 13,600 a year.

Sales and rents for 511 over time

Sales
Unit 511, 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 890,888 (AED 1,373 per sqft)Sold, October 2021: AED 845,000 (AED 1,302 per sqft)

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

Rents
Unit 511, 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, October 2021: AED 72,000 a yearRenewal, October 2022: AED 72,000 a yearNew contract, February 2025: AED 106,000 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 511 sits

All 226 1-beds →

511 last sold in October 2021 at AED 1,302 per sqft, 17% below what one-beds in Park Ridge Tower C were fetching at the time (AED 1,571). 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. 511's AED 106,000 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
5061-bedAED 988K · Oct 2017
5072-bedAED 1.45M · Feb 2018
1–7 of 20

511, Park Ridge Tower C in numbers

  • Sold twice: first on 18 October 2017 for AED 890,888, last on 3 October 2021 for AED 845,000 (AED 1,302 per sqft).
  • Rented since October 2021 on 3 Ejari contracts, from AED 72,000 to AED 106,000 a year.
  • At AED 106,000 a year the gross yield on the 2021 price is 12.5%, 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 16 February 2025.

Questions about 511, Park Ridge Tower C

What did unit 511 last sell for?

AED 845,000 on 3 October 2021: AED 1,302 per sqft for 649 sqft. The unit has 2 registered sales; the first was AED 890,888 in October 2017.

What is the rent for unit 511?

AED 106,000 a year on the contract signed on 16 February 2025. The previous contract, from October 2022, was AED 72,000; the unit has been rented since October 2021.

How big is unit 511?

649 sqft (60.3 sqm): a one-bedroom apartment on the 5th floor of a 22-storey tower completed in 2022.

What is unit 511 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 511, Park Ridge Tower C

Starts from the last sale price (AED 845K, 3 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 845,000
Deposit, UAE resident (20%)
AED 169,000
Deposit, non-resident (40%)
AED 338,000
Monthly over 25 years at 3.7%
AED 3,457

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