1-bed · 655 sqftPark Ridge Tower C, Dubai Hills Estate · 7th floor · completed 2022

701, Park Ridge Tower C

Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 25 March 2025
Last soldAED 955K14 December 2017
Current rentAED 100K /yr25 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Park Ridge Tower C

What is 701 worth today?

Last sold for AED 954,888 in 2017

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25 Mar 2025RentedRenewal
AED 100,000/yr12 months · AED 150 per sqft
25 Mar 2025RentedRenewal
AED 100,000/yr12 months · AED 150 per sqft
12 Mar 2025RentedRenewal
AED 85,000/yr12 months · AED 129 per sqft
25 Mar 2024RentedNew contract
AED 100,000/yr12 months · AED 150 per sqft
12 Mar 2024RentedNew contract
AED 97,000/yr12 months · AED 148 per sqft
4 Feb 2023RentedRenewal
AED 70,000/yr12 months · AED 105 per sqft
2 Feb 2022RentedNew contract
AED 60,000/yr12 months · AED 90 per sqft
14 Dec 2017Sold by developerOff-plan
AED 954,888AED 1,458 per sqft

Source: Dubai Land Department. Updated 25 March 2025.

Key facts

Type
1-bed apartment
Size
655 sqft
Floor
7th of 22
Parking
B1-1231
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 13,700 /yr
Last sold
AED 955K · December 2017

About 701, Park Ridge Tower C

701 is a one-bedroom apartment of 655 sqft on the 7th 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 December 2017 for AED 954,888, or AED 1,458 per sqft, in line with the AED 1,475 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 7 Ejari contracts. The current contract, renewed on 25 March 2025, is AED 100,000 a year: a gross yield of 10.5% on the 2017 price, before the service charge of about AED 13,700 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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, December 2017: AED 954,888 (AED 1,458 per sqft)

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

Rents
Unit 701, 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, February 2022: AED 60,000 a yearRenewal, February 2023: AED 70,000 a yearNew contract, March 2024: AED 100,000 a yearNew contract, March 2024: AED 97,000 a yearRenewal, March 2025: AED 100,000 a yearRenewal, March 2025: AED 100,000 a yearRenewal, March 2025: AED 85,000 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 701 sits

All 226 1-beds →

701 last sold in December 2017 at AED 1,458 per sqft, in line with what one-beds in Park Ridge Tower C were fetching at the time (AED 1,475). 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. 701's AED 100,000 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 7th floor

All 476 units in Park Ridge Tower C
Value
7021-bedAED 948K · Oct 2017
7031-bedAED 941K · May 2019
7041-bedAED 1.64M · Apr 2025
7051-bedAED 1.5M · Jun 2025
7061-bedAED 992K · Oct 2017
7072-bedAED 1.52M · Feb 2019
7082-bedAED 1.52M · Feb 2019
1–7 of 20

701, Park Ridge Tower C in numbers

  • Sold once: by Dubai Hills Estate on 14 December 2017 for AED 954,888, or AED 1,458 per sqft.
  • Rented since February 2022 on 7 Ejari contracts, from AED 60,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2017 price is 10.5%, before a service charge of about AED 13,700 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 25 March 2025.

Questions about 701, Park Ridge Tower C

What did unit 701 last sell for?

AED 954,888 on 14 December 2017, sold by the developer: AED 1,458 per sqft for 655 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 100,000 a year on the contract renewed on 25 March 2025. The previous contract, from March 2025, was AED 100,000; the unit has been rented since February 2022.

How big is unit 701?

655 sqft (60.9 sqm): a one-bedroom apartment on the 7th floor of a 22-storey tower completed in 2022.

What is unit 701 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 701, Park Ridge Tower C

Starts from the last sale price (AED 955K, 14 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 954,888
Deposit, UAE resident (20%)
AED 190,978
Deposit, non-resident (40%)
AED 381,955
Monthly over 25 years at 3.7%
AED 3,907

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