
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.
Property timeline for 516, Park Ridge Tower C
What is 516 worth today?
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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
- Building
- Park Ridge Tower C
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
516 has sold once; the dashed line is the two-bed median of each year in the building.
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 995 sqft | 2,450,000 | 2,463 | ||
| 16 Oct 202616 October 2026 | 986 sqft | 2,140,000 | 2,171 | ||
| 10 Aug 202610 August 2026 | 983 sqft | 93,687 | 95 | ||
| 4 Jun 20264 June 2026 | 990 sqft | 2,380,000 | 2,404 |
Park Ridge Tower C
Building476 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%
Other units on the 5th floor
All 476 units in Park Ridge Tower C| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 664 sqft | AED 1.5MAED 1,500,000 · May 2025May 2025 | 80,000 /yr | |
| 502 | 1-bed | 648 sqft | AED 964KAED 963,888 · Sep 2018September 2018 | 66,412 /yr | |
| 503 | 1-bed | 669 sqft | AED 850KAED 850,000 · Nov 2021November 2021 | 90,000 /yr | |
| 504 | 1-bed | 653 sqft | AED 945KAED 944,888 · Jan 2019January 2019 | 87,000 /yr | |
| 505 | 1-bed | 649 sqft | AED 940KAED 939,888 · Feb 2019February 2019 | 80,850 /yr | |
| 506 | 1-bed | 647 sqft | AED 988KAED 987,888 · Oct 2017October 2017 | 80,000 /yr | |
| 507 | 2-bed | 989 sqft | AED 1.45MAED 1,453,888 · Feb 2018February 2018 | 142,000 /yr | |
| 508 | 2-bed | 996 sqft | AED 1.51MAED 1,514,888 · Nov 2018November 2018 | ||
| 509 | 2-bed | 995 sqft | AED 1.49MAED 1,490,888 · Dec 2018December 2018 | 120,000 /yr | |
| 510 | 2-bed | 986 sqft | AED 1.53MAED 1,526,888 · Feb 2020February 2020 | 100,000 /yr | |
| 511 | 1-bed | 649 sqft | AED 845KAED 845,000 · Oct 2021October 2021 | 106,000 /yr | |
| 512 | 1-bed | 328 sqft | AED 400KAED 400,000 · Nov 2021November 2021 | 99,408 /yr | |
| 513 | 1-bed | 654 sqft | AED 897KAED 896,888 · Nov 2018November 2018 | 53,000 /yr | |
| 514 | 2-bed | 987 sqft | AED 1.58MAED 1,580,000 · Dec 2022December 2022 | 129,640 /yr | |
| 515 | 2-bed | 989 sqft | AED 1.5MAED 1,500,000 · Mar 2022March 2022 | 135,000 /yr | |
| 517 | 3-bed | 1,576 sqft | AED 2.74MAED 2,739,888 · Mar 2022March 2022 | ||
| 518 | 3-bed | 1,574 sqft | AED 3.9MAED 3,900,000 · Jul 2026July 2026 | ||
| 519 | 2-bed | 984 sqft | AED 2.58MAED 2,575,000 · Nov 2023November 2023 | ||
| 520 | 2-bed | 497 sqft | AED 1.47MAED 1,467,888 · Mar 2019March 2019 | ||
| 521 | 1-bed | 641 sqft | AED 1.06MAED 1,060,888 · Nov 2020November 2020 | 125,000 /yr |
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 →