1 bedroom, Park Ridge Tower C
Dubai, Dubai Hills, Park Ridge Tower C
Downtown
10 min by car
60 m²
Property area
2021
Construction year
3 out of 22
Floor
1
Bathroom(s)
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
AC
Stunning views
Kitchen appliances
Gym
1 370 000 AED
$375 342 ($6 256/m²)
Rental yield: 6,92%
Price growth rate per year: 22,2%
TOTAL INVESTMENT AMOUNT: $420 521
  • Unit price: $375 342
  • Renovation price: $1 370
  • Furnishings: $10 959
  • Commission: $7 882
  • DLD fee payment: $15 173
  • Transaction registration: $1 151
  • Transaction legal support : $2 192
  • Power of attorney: $822
  • Manager cheque: $5 959

TOTAL RENTAL YIELD PER YEAR: $42 740
  • Rent payments: $3 562 (per month) / $42 740 (per year)

EXPENSES PER YEAR: $13 646
  • Service charge: $2 462
  • Utilities : $1 315
  • Internet: $1 266
  • AC: $1 973
  • AC maintenance: $219
  • Management commission: $6 411

NET RENTAL YIELD PER YEAR: $29 094
or 6,92%
Apartment in a new green neighborhood

Park Ridge is a residential development built in 2021 by EMAAR. Park Ridge is where urban life meets nature, combining ubiquitous greenery and numerous stores, restaurants, cafes and recreation spaces and creating a comfortable environment for living.
The Park Ridge development is located in the Dubai Hills Estate area, a new family-friendly neighborhood 10 minutes away from the Dubai city center, with extensive infrastructure and convenient transportation routes. It offers places for relaxation, parks, children's playgrounds, running and cycling tracks, an outdoor gym, and public pools.
The standout feature of the area is the 18-hole golf course regularly hosting championships.

  • 1 bedroom
  • 1 bathroom
  • 3rd floor (out of 22)
  • Property area: 60 sqm
  • Unfurnished, no appliances
  • Balcony
  • Laundry room
  • 1 parking space
  • Vacant
  • No mortgage

Key tower features:
  • New building in a green area
  • Pool
  • Park areas, relaxation zones, golf courses
  • Shops and restaurants
  • Gym
  • Playground
  • Common areas for meetings and work
Dubai Hills is Dubai's most eco-friendly neighborhood with premium class housing.

This district is a great place for families with children and fans of living a slow luxury life. The community has four schools, a huge park with playgrounds, volleyball field, tennis court, skate park, bike paths, swimming pools and areas with hammocks for relaxation.

Dubai Hills infrastructure:
  • 1,450,000 sqm of parks and open spaces
  • Golf Academy, an 18-hole golf course
  • 282,000 sqm shopping center
  • Government hospital
  • 3 schools
  • 3 business centers
  • Tennis Academy
  • 2 planned metro lines
  • 54 km bicycle route
  • 10 minute drive from Downtown Dubai and Dubai Marina