Park Ridge
✓ Resale Available

Park Ridge

From AED 2.55M·Completed Dec 2022·Accepted payment methods: bank_check, credit_debit_card,... Payment
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AED 2.55M
Starting Price
Dec 2022
Handover
Accepted payment methods: bank_check, credit_debit_card,...
Payment Plan
2 BR · Apartments
Type

Project Overview

Park Ridge is a gated residential community in Dubai Hills Estate, Dubai. These are towers with a height of 10-22 floors from a well-known developer in the UAE Emaar Properties. The complex offers a choice of 1-3-bedroom apartments and townhouses with high-quality modern amenities. Residents will be able to enjoy the green spaces surrounding the towers. There is a shopping center, as well as cafes and restaurants on site. There are recreational areas, parks, children's playgrounds, running and cycling paths, an outdoor gym, and public swimming pools. The main feature of the complex is an 18-hole golf course, where championships are held. For a comfortable stay on the territory there is a 24-hour security and service. Educational institutions for children and medical centers are located in a closed residential area. From Park Ridge, you can quickly reach the following destinations by car: Dubai Mall-20 minutes, Burj Al Arab-16 minutes, Palm Jumeirah Island-18 minutes, The Walk JBR-22 minutes. Dubai International Airport (DXB) is approximately a 26-minute drive away and the Al Maktoum International Airport is approximately 38 minutes away.

Project Specifications
DeveloperEmaar Properties
LocationDubai Hills
Unit Types2 BR, Apartments
AreaDubai Hills
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 110,033 / year
Cash-on-Cash
1.8%
Levered cashflow AED 25,883
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 165,750 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Park Ridge launch basis2,833AED 2.55MCurrent launch / asking basis
Dubai Hills ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai Hills premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Park Ridge official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Emaar Properties.

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Payment Structure

Accepted payment methods: bank_check, credit_debit_card,...

Flexible Payment

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Floor Plans

Park Ridge — 1 Bedroom Floor Plan

Amenities & Lifestyle

Children’s pool
Covered Parking
Dining outlets (coffee houses & restaurants)
Golf course
Jogging tracks
Kids Play Area
Landscaped garden
Landscaped park
Lift
Parking
Retail outlets
Shared Pool
Shared gym & fitness
Walking paths

Location

Dubai Hills

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Dubai HillsDubai HillsDubai, UAE

Developer Track Record

01

Park Ridge by Emaar Properties

02

Located in Dubai Hills

03

Starting from AED 2,550,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Dec 2022

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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