2-bed · 995 sqftPark Ridge Tower C, Dubai Hills Estate · 6th floor · completed 2022

609, Park Ridge Tower C

Sold prices and rental history: sold 4 times, last in March 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 13 March 2024
Last soldAED 2.6M13 March 2024
Current rentAED 90K /yr15 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Park Ridge Tower C

What is 609 worth today?

Last sold for AED 2,600,000 in 2024

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13 Mar 2024SoldReady
AED 2,600,000AED 2,613 per sqft
28 Aug 2023SoldReady
AED 2,300,000AED 2,312 per sqft
25 Jan 2023SoldReady
AED 1,800,000AED 1,809 per sqft
15 Nov 2022RentedRenewal
AED 90,000/yr12 months · AED 90 per sqft
15 Nov 2021RentedNew contract
AED 90,000/yr12 months · AED 90 per sqft
6 Dec 2018Sold by developerOff-plan
AED 1,493,888AED 1,501 per sqft

Source: Dubai Land Department. Updated 13 March 2024.

Key facts

Type
2-bed apartment
Size
995 sqft
Floor
6th of 22
Parking
B2-2408
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 20,800 /yr
Last sold
AED 2.6M · March 2024

About 609, Park Ridge Tower C

609 is a two-bedroom apartment of 995 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. It last sold on 13 March 2024 for AED 2,600,000, or AED 2,613 per sqft, 26% above the AED 2,079 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 15 November 2022, is AED 90,000 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 20,800 a year.

Sales and rents for 609 over time

Sales
Unit 609, each saleTypical two-bed in Park Ridge Tower C
2M2017202020232026Typical 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, December 2018: AED 1,493,888 (AED 1,501 per sqft)Sold, January 2023: AED 1,800,000 (AED 1,809 per sqft)Sold, August 2023: AED 2,300,000 (AED 2,312 per sqft)Sold, March 2024: AED 2,600,000 (AED 2,613 per sqft)

609 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 609, 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 90,000 a yearRenewal, November 2022: AED 90,000 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 609 sits

All 202 2-beds →

609 last sold in March 2024 at AED 2,613 per sqft, 26% above what two-beds in Park Ridge Tower C were fetching at the time (AED 2,079). 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. 609's AED 90,000 is at the bottom 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 6th floor

All 476 units in Park Ridge Tower C
Value
6011-bedAED 1.65M · Apr 2025
6021-bedAED 946K · Sep 2018
6031-bedAED 939K · Nov 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
1–7 of 20

609, Park Ridge Tower C in numbers

  • Sold 4 times: first on 6 December 2018 for AED 1,493,888, last on 13 March 2024 for AED 2,600,000 (AED 2,613 per sqft).
  • Rented since November 2021 on 2 Ejari contracts, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 3.5%, before a service charge of about AED 20,800 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 13 March 2024.

Questions about 609, Park Ridge Tower C

What did unit 609 last sell for?

AED 2,600,000 on 13 March 2024: AED 2,613 per sqft for 995 sqft. The unit has 4 registered sales; the first was AED 1,493,888 in December 2018.

What is the rent for unit 609?

AED 90,000 a year on the contract renewed on 15 November 2022. The previous contract, from November 2021, was AED 90,000.

How big is unit 609?

995 sqft (92.4 sqm): a two-bedroom apartment on the 6th floor of a 22-storey tower completed in 2022.

What is unit 609 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 609, Park Ridge Tower C

Starts from the last sale price (AED 2.6M, 13 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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