Park Ridge  

Park Ridge is a residential building in Dubai Hills Estate featuring one, two, and three bedroom apartments as well as podium townhouses. Apartments are now available on a two-year post-handover payment plan.

Property Types Available: Apartments
Location: Al Qudra Road, Al Khail Road
Status: Under Construction
Year Launched: 2017
Estimated Completion Date: November 2020
Developer: Emaar
Title Type: Freehold
Quality Classification: High-end
Height Classification: Mid-rise
Life Cycle: Under Construction
Special Classification: Residential Building , Residential Building with some retail

Investment Feasibility & Decision Drivers

Snapshot summary for investing in Park Ridge

Investment Score

Value for Money
80%
Project Uniqueness
80%
Location & Connectivity
85%
Rental Yield Expectation
80%
Capital Growth Expectation
85%
More information on investment scores

Total Score

Synopsis

Sale Status: Nearly sold out. Limited units available.

Payment Plan: Very investor friendly

Ideal for: End-Users & Investors

Price Range: AED 1,200 PSF - AED 1,500 PSF

Unit Types Available: Apartment

Speak to an Expert Now

What Our Experts Think

This is a good buying opportunity if you have previously missed out on buying in Dubai Hills Estate. Park Ridge is located right on the central park, has direct access to the boulevard, and is a 10-minute walk to the Dubai Hills Mall. Units will have beautiful views of the park and boulevard.

The developer is now offering a 60-40 post-handover payment plan, with 60% payable during construction period and 40% payable in 4 installments over a two year period post-handover.

Park Ridge - Dubai Hills Estate

 Published on Sep 10 2017   16,912 Views

 Source: Emaar

 Category: Project Introduction

Park Ridge is an upcoming residential building in Dubai Hills Estate featuring one, two, and three bedroom apartments as well as podium townhouses. Residents can enjoy access to the retail and dining options as well as the green spaces that surrounds the development

Want to own an apartment in Dubai Hills Estate?

One, Two & Three Bedrooms Apartments and Podium Townhouses in Park Ridge.

Subscribe to Lookup.ae’s Mailing List to receive property news and opportunity alerts.

About Park Ridge

Overview

Park Ridge is a residential building in Dubai Hills Estate featuring one, two, and three bedroom apartments as well as podium townhouses. It is located right along the central park, allowing residents direct access and views of the park, as well as the boulevard. Residents can enjoy access to the retail and dining options as well as the green spaces that surround the development. Apartments are now available on a two-year post-handover payment plan. 

Unit Sizes

Bedroom Size Range
1 Bedroom 645 - 873 sq. ft.
2 Bedroom 998 - 1,364 sq. ft.
3 Bedroom 1,587 - 2,535 sq. ft.
Podium Townhouses1,997 - 2,739 sq. ft.

Payment Plan

Percentage Milestone
10% At the time of booking
10% June 2018
10% December 2018
10% April 2019 (20% Construction Completion)
10% December 2019 (60% Construction Completion
10% On Completion (November 2020)
10% May 2021 (6 months post-handover)
10% November 2021 (12 months post-handover)
10% May 2022 (18 months post-handover)
10% November 2022 (24 months post-handover)

Project Completion Status (as per DLD): 0.80% (as of 03 June 2018)

Dubai Land Classification & Escrow Account Details:

Land Number: 120

Project Number: 1937

Real Estate Developer: Emaar Properties

Trust Account Number: 1002076725

Account Trustee Name: COMMERCIAL BANK OF DUBAI

RERA Permit No:: 15128

Brokerage Firm: Taktical Realty Group LLC

Help us to improve this section