2-bed · 501 sqftPark Ridge Tower C, Dubai Hills Estate · 5th floor · completed 2022

516, Park Ridge Tower C

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

Unit 516 · DLD and Ejari recordsUpdated 10 November 2025
Last soldAED 1.49M14 April 2021
Current rentAED 160K /yr10 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Park Ridge Tower C

What is 516 worth today?

Last sold for AED 1,488,888 in 2021

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10 Nov 2025RentedNew contract
AED 160,000/yr12 months · AED 160 per sqft
25 Oct 2024RentedNew contract
AED 148,000/yr12 months · AED 148 per sqft
22 Oct 2023RentedNew contract
AED 140,000/yr12 months · AED 140 per sqft
1 Nov 2022RentedRenewal
AED 90,000/yr12 months · AED 90 per sqft
1 Nov 2021RentedNew contract
AED 82,000/yr12 months · AED 82 per sqft
14 Apr 2021Sold by developerOff-plan
AED 1,488,888AED 1,485 per sqft

Source: Dubai Land Department. Updated 10 November 2025.

Key facts

Type
2-bed apartment
Size
501 sqft
Floor
5th of 22
Parking
B2-2398
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 1.49M · April 2021

About 516, Park Ridge Tower C

516 is a two-bedroom apartment of 501 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 14 April 2021 for AED 1,488,888, or AED 1,485 per sqft, in line with the AED 1,524 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 10 November 2025, is AED 160,000 a year: a gross yield of 10.8% on the 2021 price, before the service charge of about AED 10,500 a year.

Sales and rents for 516 over time

Sales
Unit 516, 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, April 2021: AED 1,488,888 (AED 1,485 per sqft)

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

Rents
Unit 516, 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 130,000New contract, November 2021: AED 82,000 a yearRenewal, November 2022: AED 90,000 a yearNew contract, October 2023: AED 140,000 a yearNew contract, October 2024: AED 148,000 a yearNew contract, November 2025: AED 160,000 a year

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 516 sits

All 202 2-beds →

516 last sold in April 2021 at AED 1,485 per sqft, in line with what two-beds in Park Ridge Tower C were fetching at the time (AED 1,524). 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. 516's AED 160,000 is in the upper half of that range.

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

516, Park Ridge Tower C in numbers

  • Sold once: by Dubai Hills Estate on 14 April 2021 for AED 1,488,888, or AED 1,485 per sqft.
  • Rented since November 2021 on 5 Ejari contracts, from AED 82,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2021 price is 10.8%, before a service charge of about AED 10,500 a year (AED 20.90 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 10 November 2025.

Questions about 516, Park Ridge Tower C

What did unit 516 last sell for?

AED 1,488,888 on 14 April 2021, sold by the developer: AED 1,485 per sqft for 501 sqft. It is the only registered sale of the unit.

What is the rent for unit 516?

AED 160,000 a year on the contract signed on 10 November 2025. The previous contract, from October 2024, was AED 148,000; the unit has been rented since November 2021.

How big is unit 516?

501 sqft (46.5 sqm): a two-bedroom apartment on the 5th floor of a 22-storey tower completed in 2022.

What is unit 516 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 516, Park Ridge Tower C

Starts from the last sale price (AED 1.49M, 14 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,488,888
Deposit, UAE resident (20%)
AED 297,778
Deposit, non-resident (40%)
AED 595,555
Monthly over 25 years at 3.7%
AED 6,092

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