Park Ridge in Dubai Hills - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for off-plan (pre registration and delayed sell) properties in Park Ridge

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
2	92	31,005	2,850,000

Sales prices for completed properties in Park Ridge

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	66	22,944	1,512,500
2	92	29,971	2,762,500

Rents in Park Ridge

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	61	1,627	98,522
2	98	1,772	173,312
3	146	1,644	240,000

The cap rate (rental yield) of investments into Park Ridge project is 6.3% on average.

The price of an apartment in Park Ridge is 29,023 AED/sqm on average.

Price for off-plan 2 bedroom apartment in Park Ridge is 2,850,000 AED or 31,005 AED/sqm.

Price for completed 1 bedroom apartment in Park Ridge is 1,512,500 AED or 22,944 AED/sqm.
Price for completed 2 bedroom apartment in Park Ridge is 2,762,500 AED or 29,971 AED/sqm.

Rent in Park Ridge is 29,971 AED/sqm/year on average for long term rent of an apartment.

Rent for 1 bedroom apartment in Park Ridge is 98,522 AED or 1,627 AED/sqm.
Rent for 2 bedroom apartment in Park Ridge is 173,312 AED or 1,772 AED/sqm.
Rent for 3 bedroom apartment in Park Ridge is 240,000 AED or 1,644 AED/sqm.

About Park Ridge

'Park Ridge' in 'Dubai Hills' area project description

Park Ridge is a residential project located in Dubai, UAE. It is a luxurious development that offers a range of apartments, townhouses, and villas. The project is located in the heart of Dubai, close to the city’s major attractions such as the Dubai Mall, Burj Khalifa, and Dubai Marina. It is also close to the Dubai International Airport.

Park Ridge offers a range of amenities including a gym, swimming pool, children’s play area, and a retail center. The development also features a landscaped garden, a jogging track, and a basketball court. The apartments are spacious and come with modern finishes. The townhouses and villas feature private gardens and terraces.

The development is also close to a number of schools, universities, and hospitals. It is also close to the Dubai Metro, making it easy to access the city’s attractions.

Park Ridge is an ideal place to live for those looking for a luxurious lifestyle in the heart of Dubai. It offers a range of amenities and is close to the city’s attractions, making it an ideal place to live.

Q&A on Park Ridge

Description of 'Park Ridge' project in Dubai for real estate buyers and renters

Park Ridge is a residential development located in the heart of Dubai, United Arab Emirates. It is a luxurious residential project developed by Dubai Properties Group, one of the leading real estate developers in the UAE. The project is situated in the Jumeirah Village Circle, a master-planned community designed to provide a sense of community and a healthy lifestyle.

Park Ridge offers a range of luxurious apartments and townhouses with modern designs and high-end finishes. The apartments come in a variety of sizes and layouts, ranging from studio apartments to four-bedroom units. All of the apartments feature spacious living areas, balconies, and terraces, as well as modern kitchens and bathrooms. The townhouses have private gardens, balconies, and terraces, as well as spacious living areas and modern kitchens and bathrooms.

The project also features a range of amenities, including a swimming pool, gym, sauna, steam room, and Jacuzzi. There is also a children's play area and a multi-purpose hall for events and activities. The project also has 24-hour security and CCTV surveillance.

Park Ridge is conveniently located close to a variety of shopping, dining, and entertainment options. It is also close to a number of schools, hospitals, and other essential services. The project is also close to major highways, making it easy to access other parts of the city.

Park Ridge is an ideal residential option for those looking for a luxurious lifestyle in the heart of Dubai. With its modern designs, high-end finishes, and range of amenities, Park Ridge offers a comfortable and convenient lifestyle.

What are the advantages of 'Park Ridge' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Park Ridge is located in the heart of Dubai, close to the city’s major attractions and business hubs. This makes it an ideal choice for those looking to invest in Dubai’s real estate market.

2. Affordable Prices: Park Ridge offers competitive prices for its properties, making it an attractive option for real estate buyers.

3. High Rental Yields: Park Ridge offers high rental yields, making it a great option for those looking to generate a steady income from their property investments.

4. Quality Construction: Park Ridge is built with quality materials and modern designs, ensuring that buyers get a great value for their money.

5. Amenities: Park Ridge offers a range of amenities such as swimming pools, gyms, and shopping malls, making it a great place to live and work.

What projects are cheaper than 'Park Ridge' project in Dubai but provide a close quality of living?

1. Al Furjan
2. Jumeirah Village Circle
3. Discovery Gardens
4. International City
5. Jumeirah Village Triangle
6. The Greens
7. Arabian Ranches
8. Dubai Sports City
9. The Springs
10. The Meadows

What projects are better than 'Park Ridge' project in Dubai which are located close by, and why?

1. Jumeirah Village Circle (JVC): Located in the heart of Dubai, JVC is an up-and-coming residential and commercial development. It offers a variety of residential and commercial properties, including villas, townhouses, apartments, and retail outlets.

2. Dubai Hills Estate: Located in the heart of Dubai, Dubai Hills Estate is a master-planned development that offers a variety of residential and commercial properties, including villas, townhouses, apartments, and retail outlets.

3. Dubai Marina: Located in the heart of Dubai, Dubai Marina is a popular residential and commercial development. It offers a variety of residential and commercial properties, including villas, townhouses, apartments, and retail outlets.

4. Jumeirah Lakes Towers (JLT): Located in the heart of Dubai, JLT is a popular residential and commercial development. It offers a variety of residential and commercial properties, including villas, townhouses, apartments, and retail outlets.

5. The Palm Jumeirah: Located in the heart of Dubai, The Palm Jumeirah is a popular residential and commercial development. It offers a variety of residential and commercial properties, including villas, townhouses, apartments, and retail outlets.