2-bed · 1,364 sqftPark Ridge Tower C, Dubai Hills Estate · Ground floor · completed 2022

G08, Park Ridge Tower C

Sold prices and rental history: sold twice, last in August 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G08 · DLD and Ejari recordsUpdated 15 August 2023
Last soldAED 2.2M15 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G08, Park Ridge Tower C

What is G08 worth today?

Last sold for AED 2,200,000 in 2023

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15 Aug 2023SoldReady
AED 2,200,000AED 1,612 per sqft
7 Jan 2020Sold by developerOff-plan
AED 1,678,888AED 1,230 per sqft

Source: Dubai Land Department. Updated 15 August 2023.

Key facts

Type
2-bed apartment
Size
1,364 sqft
Floor
Ground of 22
Parking
B1-1030
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 28,500 /yr
Last sold
AED 2.2M · August 2023

About G08, Park Ridge Tower C

G08 is a two-bedroom apartment of 1,364 sqft on the ground 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 15 August 2023 for AED 2,200,000, or AED 1,612 per sqft, 9% below the AED 1,780 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for G08 over time

Sales
Unit G08, each saleTypical two-bed in Park Ridge Tower C
1.5M2M2.5M2017202020232026Typical 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, January 2020: AED 1,678,888 (AED 1,230 per sqft)Sold, August 2023: AED 2,200,000 (AED 1,612 per sqft)

G08 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit G08, 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 130,000

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 G08 sits

All 202 2-beds →

G08 last sold in August 2023 at AED 1,612 per sqft, 9% below what two-beds in Park Ridge Tower C were fetching at the time (AED 1,780). 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.

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 ground floor

All 476 units in Park Ridge Tower C
Value
G011-bedAED 1.04M · Sep 2019
G021-bedAED 1.03M · Dec 2019
G031-bedAED 1.02M · Dec 2019
G041-bedAED 1.03M · Dec 2019
G051-bedAED 1.13M · Mar 2022
G062-bedAED 1.79M · Aug 2021
G072-bedAED 2.85M · May 2024
1–7 of 21

G08, Park Ridge Tower C in numbers

  • Sold twice: first on 7 January 2020 for AED 1,678,888, last on 15 August 2023 for AED 2,200,000 (AED 1,612 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 15 August 2023.

Questions about G08, Park Ridge Tower C

What did unit G08 last sell for?

AED 2,200,000 on 15 August 2023: AED 1,612 per sqft for 1,364 sqft. The unit has 2 registered sales; the first was AED 1,678,888 in January 2020.

How big is unit G08?

1,364 sqft (126.7 sqm): a two-bedroom apartment on the ground floor of a 22-storey tower completed in 2022.

What is unit G08 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 G08, Park Ridge Tower C

Starts from the last sale price (AED 2.2M, 15 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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