1-bed · 646 sqftPark Ridge Tower C, Dubai Hills Estate · 6th floor · completed 2022

603, Park Ridge Tower C

Sold prices and rental history: sold once, by the developer in November 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 24 May 2024
Last soldAED 939K26 November 2018
Current rentAED 87K /yr24 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Park Ridge Tower C

What is 603 worth today?

Last sold for AED 938,888 in 2018

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24 May 2024RentedNew contract
AED 87,000/yr12 months · AED 130 per sqft
20 Dec 2023RentedRenewal
AED 57,869/yr4 months · AED 87 per sqft
20 Dec 2022RentedRenewal
AED 55,000/yr12 months · AED 82 per sqft
20 Dec 2021RentedNew contract
AED 50,000/yr12 months · AED 75 per sqft
26 Nov 2018Sold by developerOff-plan
AED 938,888AED 1,453 per sqft

Source: Dubai Land Department. Updated 24 May 2024.

Key facts

Type
1-bed apartment
Size
646 sqft
Floor
6th of 22
Parking
B1-1227
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 13,500 /yr
Last sold
AED 939K · November 2018

About 603, Park Ridge Tower C

603 is a one-bedroom apartment of 646 sqft on the 6th 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 26 November 2018 for AED 938,888, or AED 1,453 per sqft, in line with the AED 1,471 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 24 May 2024, is AED 87,000 a year: a gross yield of 9.3% on the 2018 price, before the service charge of about AED 13,500 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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, November 2018: AED 938,888 (AED 1,453 per sqft)

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

Rents
Unit 603, 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, December 2021: AED 50,000 a yearRenewal, December 2022: AED 55,000 a yearRenewal, December 2023: AED 57,869 a yearNew contract, May 2024: AED 87,000 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 603 sits

All 226 1-beds →

603 last sold in November 2018 at AED 1,453 per sqft, in line with what one-beds in Park Ridge Tower C were fetching at the time (AED 1,471). 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. 603's AED 87,000 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 6th floor

All 476 units in Park Ridge Tower C
Value
6011-bedAED 1.65M · Apr 2025
6021-bedAED 946K · Sep 2018
6041-bedAED 1.24M · May 2023
6051-bedAED 1.03M · Mar 2023
6061-bedAED 1.69M · Jul 2026
6072-bedAED 1.49M · Sep 2018
6082-bedAED 1.46M · Dec 2018
1–7 of 20

603, Park Ridge Tower C in numbers

  • Sold once: by Dubai Hills Estate on 26 November 2018 for AED 938,888, or AED 1,453 per sqft.
  • Rented since December 2021 on 4 Ejari contracts, from AED 50,000 to AED 87,000 a year.
  • At AED 87,000 a year the gross yield on the 2018 price is 9.3%, 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 24 May 2024.

Questions about 603, Park Ridge Tower C

What did unit 603 last sell for?

AED 938,888 on 26 November 2018, sold by the developer: AED 1,453 per sqft for 646 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 87,000 a year on the contract signed on 24 May 2024. The previous contract, from December 2023, was AED 57,869; the unit has been rented since December 2021.

How big is unit 603?

646 sqft (60.0 sqm): a one-bedroom apartment on the 6th floor of a 22-storey tower completed in 2022.

What is unit 603 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 603, Park Ridge Tower C

Starts from the last sale price (AED 939K, 26 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 938,888
Deposit, UAE resident (20%)
AED 187,778
Deposit, non-resident (40%)
AED 375,555
Monthly over 25 years at 3.7%
AED 3,841

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