2-bed · 989 sqftPark Ridge Tower C, Dubai Hills Estate · 7th floor · completed 2022

715, Park Ridge Tower C

Sold prices and rental history: sold twice, last in October 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 715 · DLD and Ejari recordsUpdated 28 November 2024
Last soldAED 1.45M24 October 2022
Current rentAED 160K /yr28 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 715, Park Ridge Tower C

What is 715 worth today?

Last sold for AED 1,450,000 in 2022

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28 Nov 2024RentedNew contract
AED 160,000/yr12 months · AED 162 per sqft
24 Nov 2023RentedRenewal
AED 120,000/yr12 months · AED 121 per sqft
24 Nov 2022RentedNew contract
AED 120,000/yr12 months · AED 121 per sqft
24 Oct 2022SoldReady
AED 1,450,000AED 1,465 per sqft
13 Dec 2018Sold by developerOff-plan
AED 1,380,888AED 1,396 per sqft

Source: Dubai Land Department. Updated 28 November 2024.

Key facts

Type
2-bed apartment
Size
989 sqft
Floor
7th of 22
Parking
B2-2394
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 20,700 /yr
Last sold
AED 1.45M · October 2022

About 715, Park Ridge Tower C

715 is a two-bedroom apartment of 989 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. It last sold on 24 October 2022 for AED 1,450,000, or AED 1,465 per sqft, 10% below the AED 1,632 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 28 November 2024, is AED 160,000 a year: a gross yield of 11.0% on the 2022 price, before the service charge of about AED 20,700 a year.

Sales and rents for 715 over time

Sales
Unit 715, 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 1,380,888 (AED 1,396 per sqft)Sold, October 2022: AED 1,450,000 (AED 1,465 per sqft)

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

Rents
Unit 715, 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 2022: AED 120,000 a yearRenewal, November 2023: AED 120,000 a yearNew contract, November 2024: 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 715 sits

All 202 2-beds →

715 last sold in October 2022 at AED 1,465 per sqft, 10% below what two-beds in Park Ridge Tower C were fetching at the time (AED 1,632). 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. 715'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 7th floor

All 476 units in Park Ridge Tower C
Value
7011-bedAED 955K · Dec 2017
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
1–7 of 20

715, Park Ridge Tower C in numbers

  • Sold twice: first on 13 December 2018 for AED 1,380,888, last on 24 October 2022 for AED 1,450,000 (AED 1,465 per sqft).
  • Rented since November 2022 on 3 Ejari contracts, from AED 120,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2022 price is 11.0%, before a service charge of about AED 20,700 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 28 November 2024.

Questions about 715, Park Ridge Tower C

What did unit 715 last sell for?

AED 1,450,000 on 24 October 2022: AED 1,465 per sqft for 989 sqft. The unit has 2 registered sales; the first was AED 1,380,888 in December 2018.

What is the rent for unit 715?

AED 160,000 a year on the contract signed on 28 November 2024. The previous contract, from November 2023, was AED 120,000; the unit has been rented since November 2022.

How big is unit 715?

989 sqft (91.9 sqm): a two-bedroom apartment on the 7th floor of a 22-storey tower completed in 2022.

What is unit 715 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 715, Park Ridge Tower C

Starts from the last sale price (AED 1.45M, 24 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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