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3-bed · 2,881 sqftPark Ridge Tower C, Dubai Hills Estate · Ground floor · completed 2022

TH-17, Park Ridge Tower C

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

Unit TH-17 · DLD and Ejari recordsUpdated 27 December 2023
Last soldAED 4.15M27 December 2023
Current rentAED 270K /yr20 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH-17, Park Ridge Tower C

What is TH-17 worth today?

Last sold for AED 4,150,000 in 2023

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27 Dec 2023SoldReady
AED 4,150,000AED 1,440 per sqft
20 Dec 2023RentedNew contract
AED 270,000/yr12 months · AED 94 per sqft
13 Feb 2023SoldReady
AED 3,830,000AED 1,329 per sqft
10 Jan 2022Sold by developerReady
AED 3,449,888AED 1,197 per sqft

Source: Dubai Land Department. Updated 27 December 2023.

Key facts

Type
3-bed apartment
Size
2,881 sqft
Floor
Ground of 22
Parking
B1-1149, B1-1150
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 60,200 /yr
Last sold
AED 4.15M · December 2023
Building
Park Ridge Tower C

About TH-17, Park Ridge Tower C

TH-17 is a three-bedroom apartment of 2,881 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 27 December 2023 for AED 4,150,000, or AED 1,440 per sqft, 18% below the AED 1,754 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 December 2023. The current contract, signed on 20 December 2023, is AED 270,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 60,200 a year.

Sales and rents for TH-17 over time

Sales
Unit TH-17, each saleTypical three-bed in Park Ridge Tower C
3M4M2018202120242027Typical 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 3,449,888 (AED 1,197 per sqft)Sold, February 2023: AED 3,830,000 (AED 1,329 per sqft)Sold, December 2023: AED 4,150,000 (AED 1,440 per sqft)

TH-17 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit TH-17, each contractTypical three-bed in Park Ridge Tower C
200K2021202320252027Typical 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, December 2023: AED 270,000 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-17 sits

All 48 3-beds →

TH-17 last sold in December 2023 at AED 1,440 per sqft, 18% below what three-beds in Park Ridge Tower C were fetching at the time (AED 1,754). 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-17's AED 270,000 is at the top 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-17, Park Ridge Tower C in numbers

  • Sold 3 times: first on 10 January 2022 for AED 3,449,888, last on 27 December 2023 for AED 4,150,000 (AED 1,440 per sqft).
  • Rented since December 2023 on one Ejari contract, at AED 270,000 a year.
  • At AED 270,000 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 60,200 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 27 December 2023.

Questions about TH-17, Park Ridge Tower C

What did unit TH-17 last sell for?

AED 4,150,000 on 27 December 2023: AED 1,440 per sqft for 2,881 sqft. The unit has 3 registered sales; the first was AED 3,449,888 in January 2022.

What is the rent for unit TH-17?

AED 270,000 a year on the contract signed on 20 December 2023.

How big is unit TH-17?

2,881 sqft (267.7 sqm): a three-bedroom apartment on the ground floor of a 22-storey tower completed in 2022.

What is unit TH-17 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-17, Park Ridge Tower C

Starts from the last sale price (AED 4.15M, 27 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,150,000
Deposit, UAE resident (20%)
AED 830,000
Deposit, non-resident (40%)
AED 1,660,000
Monthly over 25 years at 3.7%
AED 16,979

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