3-bed · 2,785 sqftPark Ridge Tower C, Dubai Hills Estate · Ground floor · completed 2022

TH-16, Park Ridge Tower C

Sold prices and rental history: sold twice, last in April 2025, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit TH-16 · DLD and Ejari recordsUpdated 9 April 2025
Last soldAED 4.65M9 April 2025
Current rentAED 185K /yr16 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH-16, Park Ridge Tower C

What is TH-16 worth today?

Last sold for AED 4,650,000 in 2025

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9 Apr 2025SoldReady
AED 4,650,000AED 1,669 per sqft
16 Jul 2024RentedRenewal
AED 185,000/yr12 months · AED 67 per sqft
16 Jul 2023RentedRenewal
AED 185,000/yr12 months · AED 67 per sqft
16 Jul 2023RentedNew contract
AED 185,000/yr12 months · AED 67 per sqft
16 Jul 2022RentedNew contract
AED 185,000/yr12 months · AED 67 per sqft
3 Jan 2022Sold by developerReady
AED 2,996,899AED 1,076 per sqft

Source: Dubai Land Department. Updated 9 April 2025.

Key facts

Type
3-bed apartment
Size
2,785 sqft
Floor
Ground of 22
Parking
B1-1156, B1-1157
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 58,200 /yr
Last sold
AED 4.65M · April 2025

About TH-16, Park Ridge Tower C

TH-16 is a three-bedroom apartment of 2,785 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 9 April 2025 for AED 4,650,000, or AED 1,669 per sqft, 23% below the AED 2,157 three-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 16 July 2024, is AED 185,000 a year: a gross yield of 4.0% on the 2025 price, before the service charge of about AED 58,200 a year.

Sales and rents for TH-16 over time

Sales
Unit TH-16, each saleTypical three-bed in Park Ridge Tower C
3M4M5M2018202120242027Typical sale price by year: 2018 AED 2,496,888; 2019 AED 2,464,888; 2021 AED 2,670,388; 2022 AED 2,680,888; 2023 AED 3,452,500; 2024 AED 3,400,000; 2025 AED 3,937,500; 2026 AED 3,950,000Sold by developer, January 2022: AED 2,996,899 (AED 1,076 per sqft)Sold, April 2025: AED 4,650,000 (AED 1,669 per sqft)

TH-16 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit TH-16, each contractTypical three-bed in Park Ridge Tower C
150K200K2021202320252027Typical rent by year: 2021 AED 145,000; 2022 AED 155,000; 2023 AED 190,000; 2024 AED 215,000; 2025 AED 232,500; 2026 AED 205,000New contract, July 2022: AED 185,000 a yearRenewal, July 2023: AED 185,000 a yearNew contract, July 2023: AED 185,000 a yearRenewal, July 2024: AED 185,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Park Ridge Tower C, and where TH-16 sits

All 48 3-beds →

TH-16 last sold in April 2025 at AED 1,669 per sqft, 23% below what three-beds in Park Ridge Tower C were fetching at the time (AED 2,157). Over the last 12 months three-beds sold for AED 3,850,000 to 4,050,000, around AED 2,508 per sqft, and rent for AED 180,000 to 270,000 a year. TH-16's AED 185,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Jul 20263,900,000
5 Jun 20264,050,000
22 Jan 20263,850,000
19 Jan 20264,000,000
4 3-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

TH-16, Park Ridge Tower C in numbers

  • Sold twice: first on 3 January 2022 for AED 2,996,899, last on 9 April 2025 for AED 4,650,000 (AED 1,669 per sqft).
  • Rented since July 2022 on 4 Ejari contracts, at AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2025 price is 4.0%, before a service charge of about AED 58,200 a year (AED 20.90 per sqft).
  • Three-beds in Park Ridge Tower C sold for AED 3,850,000–4,050,000 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 9 April 2025.

Questions about TH-16, Park Ridge Tower C

What did unit TH-16 last sell for?

AED 4,650,000 on 9 April 2025: AED 1,669 per sqft for 2,785 sqft. The unit has 2 registered sales; the first was AED 2,996,899 in January 2022.

What is the rent for unit TH-16?

AED 185,000 a year on the contract renewed on 16 July 2024. The previous contract, from July 2023, was AED 185,000; the unit has been rented since July 2022.

How big is unit TH-16?

2,785 sqft (258.7 sqm): a three-bedroom apartment on the ground floor of a 22-storey tower completed in 2022.

What is unit TH-16 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Park Ridge Tower C sold for AED 3,850,000 to 4,050,000 in the last 12 months, around AED 2,508 per sqft.

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Mortgage on TH-16, Park Ridge Tower C

Starts from the last sale price (AED 4.65M, 9 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,650,000
Deposit, UAE resident (20%)
AED 930,000
Deposit, non-resident (40%)
AED 1,860,000
Monthly over 25 years at 3.7%
AED 19,025

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