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2-bed · 1,350 sqftPark Ridge Tower C, Dubai Hills Estate · Ground floor · completed 2022

G13, Park Ridge Tower C

Sold prices and rental history: sold 3 times, last in May 2024, and rented once, from July 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G13 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 2.25M15 May 2024
Current rentAED 145K /yr24 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G13, Park Ridge Tower C

What is G13 worth today?

Last sold for AED 2,250,000 in 2024

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15 May 2024SoldReady
AED 2,250,000AED 1,666 per sqft
24 Jul 2023RentedNew contract
AED 145,000/yr12 months · AED 108 per sqft
15 Feb 2023SoldReady
AED 1,821,000AED 1,348 per sqft
10 Jun 2021Sold by developerOff-plan
AED 1,574,395AED 1,166 per sqft

Source: Dubai Land Department. Updated 15 May 2024.

Key facts

Type
2-bed apartment
Size
1,350 sqft
Floor
Ground of 22
Parking
B1-1097
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 28,200 /yr
Last sold
AED 2.25M · May 2024
Building
Park Ridge Tower C

About G13, Park Ridge Tower C

G13 is a two-bedroom apartment of 1,350 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 May 2024 for AED 2,250,000, or AED 1,666 per sqft, 23% below the AED 2,161 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 24 July 2023. The current contract, signed on 24 July 2023, is AED 145,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 28,200 a year.

Sales and rents for G13 over time

Sales
Unit G13, 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, June 2021: AED 1,574,395 (AED 1,166 per sqft)Sold, February 2023: AED 1,821,000 (AED 1,348 per sqft)Sold, May 2024: AED 2,250,000 (AED 1,666 per sqft)

G13 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit G13, 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, July 2023: AED 145,000 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 G13 sits

All 202 2-beds →

G13 last sold in May 2024 at AED 1,666 per sqft, 23% below what two-beds in Park Ridge Tower C were fetching at the time (AED 2,161). 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. G13's AED 145,000 is in the lower 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 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

G13, Park Ridge Tower C in numbers

  • Sold 3 times: first on 10 June 2021 for AED 1,574,395, last on 15 May 2024 for AED 2,250,000 (AED 1,666 per sqft).
  • Rented since July 2023 on one Ejari contract, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 28,200 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 15 May 2024.

Questions about G13, Park Ridge Tower C

What did unit G13 last sell for?

AED 2,250,000 on 15 May 2024: AED 1,666 per sqft for 1,350 sqft. The unit has 3 registered sales; the first was AED 1,574,395 in June 2021.

What is the rent for unit G13?

AED 145,000 a year on the contract signed on 24 July 2023.

How big is unit G13?

1,350 sqft (125.4 sqm): a two-bedroom apartment on the ground floor of a 22-storey tower completed in 2022.

What is unit G13 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 G13, Park Ridge Tower C

Starts from the last sale price (AED 2.25M, 15 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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