3-bed · 2,780 sqftPark Ridge Tower C, Dubai Hills Estate · Ground floor · completed 2022

TH-18, Park Ridge Tower C

Sold prices and rental history: sold once, by the developer in March 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit TH-18 · DLD and Ejari recordsUpdated 11 March 2022
Last soldAED 3.48M11 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH-18, Park Ridge Tower C

What is TH-18 worth today?

Last sold for AED 3,476,888 in 2022

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11 Mar 2022Sold by developerReady
AED 3,476,888AED 1,250 per sqft

Source: Dubai Land Department. Updated 11 March 2022.

Key facts

Type
3-bed apartment
Size
2,780 sqft
Floor
Ground of 22
Parking
B1-1146, B1-1147
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 58,100 /yr
Last sold
AED 3.48M · March 2022

About TH-18, Park Ridge Tower C

TH-18 is a three-bedroom apartment of 2,780 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. The developer sold it on 11 March 2022 for AED 3,476,888, or AED 1,250 per sqft, 24% below the AED 1,650 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for TH-18 over time

Sales
Unit TH-18, 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, March 2022: AED 3,476,888 (AED 1,250 per sqft)

TH-18 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit TH-18, 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 205,000

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-18 sits

All 48 3-beds →

TH-18 last sold in March 2022 at AED 1,250 per sqft, 24% below what three-beds in Park Ridge Tower C were fetching at the time (AED 1,650). 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.

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-18, Park Ridge Tower C in numbers

  • Sold once: by Dubai Hills Estate on 11 March 2022 for AED 3,476,888, or AED 1,250 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 11 March 2022.

Questions about TH-18, Park Ridge Tower C

What did unit TH-18 last sell for?

AED 3,476,888 on 11 March 2022, sold by the developer: AED 1,250 per sqft for 2,780 sqft. It is the only registered sale of the unit.

How big is unit TH-18?

2,780 sqft (258.3 sqm): a three-bedroom apartment on the ground floor of a 22-storey tower completed in 2022.

What is unit TH-18 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-18, Park Ridge Tower C

Starts from the last sale price (AED 3.48M, 11 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,476,888
Deposit, UAE resident (20%)
AED 695,378
Deposit, non-resident (40%)
AED 1,390,755
Monthly over 25 years at 3.7%
AED 14,225

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