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1-bed · 649 sqftPark Ridge Tower C, Dubai Hills Estate · 8th floor · completed 2022

805, Park Ridge Tower C

Sold prices and rental history: sold 3 times, last in July 2022, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 805 · DLD and Ejari recordsUpdated 7 November 2022
Last soldAED 975K27 July 2022
Current rentAED 57K /yr7 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 805, Park Ridge Tower C

What is 805 worth today?

Last sold for AED 975,000 in 2022

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7 Nov 2022RentedNew contract
AED 57,000/yr12 months · AED 88 per sqft
27 Jul 2022SoldReady
AED 975,000AED 1,503 per sqft
7 Nov 2021RentedNew contract
AED 55,000/yr12 months · AED 85 per sqft
2 May 2021SoldOff-plan
AED 730,000AED 1,125 per sqft
26 Jun 2018Sold by developerOff-plan
AED 945,888AED 1,458 per sqft

Source: Dubai Land Department. Updated 7 November 2022.

Key facts

Type
1-bed apartment
Size
649 sqft
Floor
8th of 22
Parking
B1-1106
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 13,600 /yr
Last sold
AED 975K · July 2022
Building
Park Ridge Tower C

About 805, Park Ridge Tower C

805 is a one-bedroom apartment of 649 sqft on the 8th 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 27 July 2022 for AED 975,000, or AED 1,503 per sqft, 8% below the AED 1,635 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 7 November 2022, is AED 57,000 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 13,600 a year.

Sales and rents for 805 over time

Sales
Unit 805, 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, June 2018: AED 945,888 (AED 1,458 per sqft)Sold, May 2021: AED 730,000 (AED 1,125 per sqft)Sold, July 2022: AED 975,000 (AED 1,503 per sqft)

805 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 805, each contractTypical one-bed in Park Ridge Tower C
60K80K100K2021202320252027Typical 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, November 2021: AED 55,000 a yearNew contract, November 2022: AED 57,000 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 805 sits

All 226 1-beds →

805 last sold in July 2022 at AED 1,503 per sqft, 8% below what one-beds in Park Ridge Tower C were fetching at the time (AED 1,635). 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. 805's AED 57,000 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 8th floor

All 476 units in Park Ridge Tower C
Value
8011-bedAED 957K · Jun 2018
8021-bedAED 949K · Nov 2017
8031-bedAED 943K · May 2018
8041-bedAED 951K · Feb 2018
8061-bedAED 800K · Aug 2019
8072-bedAED 2M · Dec 2022
8082-bedAED 1.46M · Nov 2018
1–7 of 20

805, Park Ridge Tower C in numbers

  • Sold 3 times: first on 26 June 2018 for AED 945,888, last on 27 July 2022 for AED 975,000 (AED 1,503 per sqft).
  • Rented since November 2021 on 2 Ejari contracts, from AED 55,000 to AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2022 price is 5.9%, before a service charge of about AED 13,600 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 7 November 2022.

Questions about 805, Park Ridge Tower C

What did unit 805 last sell for?

AED 975,000 on 27 July 2022: AED 1,503 per sqft for 649 sqft. The unit has 3 registered sales; the first was AED 945,888 in June 2018.

What is the rent for unit 805?

AED 57,000 a year on the contract signed on 7 November 2022. The previous contract, from November 2021, was AED 55,000.

How big is unit 805?

649 sqft (60.3 sqm): a one-bedroom apartment on the 8th floor of a 22-storey tower completed in 2022.

What is unit 805 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 805, Park Ridge Tower C

Starts from the last sale price (AED 975K, 27 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 975,000
Deposit, UAE resident (20%)
AED 195,000
Deposit, non-resident (40%)
AED 390,000
Monthly over 25 years at 3.7%
AED 3,989

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