Park Ridge, Hadaeq Sheikh Mohammed Bin Rashid

    Sold Prices · DLD Data

    Park Ridge

    Hadaeq Sheikh Mohammed Bin Rashid, Dubai · Dubai Hills Estate

    AED 2,408

    Avg Price / sqft

    AED 2.5M

    Avg Sale Price

    33

    DLD Sales Recorded

    5.8%

    Est. Gross Yield

    View listings Explore Mohammed Bin Rashid City

    Market snapshot

    Park Ridge — the numbers

    Park Ridge is a residential building in Hadaeq Sheikh Mohammed Bin Rashid, Dubai with approximately 1,056 units. Dubai Land Department records show 33 sales in the building, at an average price of AED 2.5M — around AED 2,408 per square foot.

    Since January 2026, 31 sales completed in Park Ridge, with the average price per square foot moving from AED 2,562 to AED 2,391 (-6.7%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Hadaeq Sheikh Mohammed Bin Rashid, a typical unit in Park Ridge returns an estimated 5.8% gross rental yield before service charges — a useful starting point for investors comparing towers across Hadaeq Sheikh Mohammed Bin Rashid.

    Figures are from Dubai Land Department transaction records for Park Ridge; individual units vary by floor, view and finish. Gross yield is estimated against average Hadaeq Sheikh Mohammed Bin Rashid residential rents, before service charges.

    Price trend

    Price trend in Park Ridge

    Average sale price per sqft by month since January 2026 (single-sale months excluded)-6.7%

    2,2862,4042,523Jan 26: AED 2,562/sqft · 11 salesJan 26Feb 26: AED 2,278/sqft · 5 salesFeb 26Apr 26: AED 2,433/sqft · 4 salesApr 26Jun 26: AED 2,246/sqft · 7 salesJun 26Jul 26: AED 2,391/sqft · 4 salesJul 26

    Unit types

    Prices by unit type

    1 Bed

    AED 1.6M

    AED 2,450/sqft

    14 sales · last 12 months

    2 Bed

    AED 2.5M

    AED 2,381/sqft

    11 sales · last 12 months

    3 Bed

    AED 4.2M

    AED 2,373/sqft

    8 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    13 Jul 2026Sales1648AED 1.5MAED 2,362
    10 Jul 2026Sales31,574AED 3.9MAED 2,477
    03 Jul 2026Sales2994AED 2.1MAED 2,113
    01 Jul 2026Sales1647AED 1.7MAED 2,611
    26 Jun 2026Sales1654AED 1.6MAED 2,432
    23 Jun 2026Sales2997AED 2.0MAED 2,057
    18 Jun 2026Sales21,000AED 2.2MAED 2,200
    05 Jun 2026Sales31,576AED 4.0MAED 2,570
    04 Jun 2026Sales2990AED 2.4MAED 2,404
    04 Jun 2026Sales1698AED 1.5MAED 2,106
    04 Jun 2026Sales32,482AED 4.8MAED 1,950
    22 May 2026Sales2995AED 2.4MAED 2,362
    29 Apr 2026Sales2999AED 2.4MAED 2,402
    28 Apr 2026Sales21,006AED 2.1MAED 2,117
    10 Apr 2026Sales1647AED 1.6MAED 2,549
    10 Apr 2026Sales1641AED 1.7MAED 2,662
    27 Mar 2026Sales1654AED 1.6MAED 2,524
    24 Feb 2026Sales1637AED 1.5MAED 2,306
    19 Feb 2026Sales1650AED 1.4MAED 2,232
    13 Feb 2026Sales21,000AED 2.3MAED 2,325

    About the area

    Park Ridge is in Mohammed Bin Rashid City

    Mohammed Bin Rashid City, often referred to as MBR City, is a visionary development in Dubai spearheaded by renowned developers such as Meraas and Sobha Realty. This expansive community is designed to embody luxury and innovation, offering a harmonious blend of residential, commercial, and leisure spaces.

    Explore the Mohammed Bin Rashid City area guide

    Nearby

    Other buildings in Hadaeq Sheikh Mohammed Bin Rashid

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    Greencrest

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    Mag Eye Phase 1

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    Rosehill

    Hadaeq Sheikh Mohammed Bin Rashid · 48 sales · AED 3.0M avg

    Elvira

    Hadaeq Sheikh Mohammed Bin Rashid · 42 sales · AED 2.8M avg

    Vida Residences Hillside

    Hadaeq Sheikh Mohammed Bin Rashid · 36 sales · AED 2.7M avg

    Park Horizon

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    Parkwood

    Hadaeq Sheikh Mohammed Bin Rashid · 33 sales · AED 2.8M avg

    FAQ

    Park Ridge: frequently asked questions

    What is the average price in Park Ridge?

    The average recorded sale price in Park Ridge, Hadaeq Sheikh Mohammed Bin Rashid is AED 2.5M, around AED 2,408 per square foot, based on Dubai Land Department transaction data.

    Are prices in Park Ridge going up or down?

    Average sale prices in Park Ridge have eased -6.7% per square foot since January 2026, across 31 DLD-recorded sales.

    What rental yield can I expect in Park Ridge?

    Based on average Hadaeq Sheikh Mohammed Bin Rashid residential rents against sale prices in the building, a typical unit in Park Ridge yields roughly 5.8% gross per year, before service charges and fees.

    How many properties have sold in Park Ridge?

    33 sales have been recorded in Park Ridge according to DLD data, across approximately 1,056 units.

    Considering Park Ridge?

    Get honest, DLD-backed guidance on pricing, yields and availability in Hadaeq Sheikh Mohammed Bin Rashid from Binayah's advisors — no pressure, just the numbers.

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