102, South Ridge Towers 1
Sold prices and rental history: sold twice, last in December 2020, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 102, South Ridge Towers 1
What is 102 worth today?
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Source: Dubai Land Department. Updated 20 December 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,843 sqft
- Floor
- 1st of 39
- Parking
- L1-018
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 35,300 /yr
- Last sold
- AED 1.8M · December 2020
- Building
- South Ridge Towers 1
About 102, South Ridge Towers 1
102 is a two-bedroom apartment of 1,843 sqft on the 1st floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 20 December 2020 for AED 1,800,000, or AED 976 per sqft, in line with the AED 985 two-beds in the building were fetching at the time.
It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 1 April 2020, is AED 125,337 a year: a gross yield of 7.0% on the 2020 price, before the service charge of about AED 35,300 a year.
Sales and rents for 102 over time
102 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in South Ridge Towers 1, and where 102 sits
All 76 2-beds →102 last sold in December 2020 at AED 976 per sqft, in line with what two-beds in South Ridge Towers 1 were fetching at the time (AED 985). Over the last 12 months two-beds sold for AED 2,500,000 to 4,150,000, around AED 2,114 per sqft, and rent for AED 133,000 to 350,000 a year. 102's AED 125,337 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jul 202622 July 2026 | 1,491 sqft | 3,025,000 | 2,028 | ||
| 24 Apr 202624 April 2026 | 1,635 sqft | 4,150,000 | 2,538 | ||
| 15 Apr 202615 April 2026 | 1,491 sqft | 3,250,000 | 2,179 | ||
| 11 Mar 202611 March 2026 | 1,488 sqft | 3,050,000 | 2,049 |
South Ridge Towers 1
Building188 apartments, 1-bed to 3-bed over 39 floors in Downtown Dubai, completed in 2008 by Emaar. 11 sold in the last 12 months.
- Typical price per sqft
- AED 2,049 Up 3.1%
- Typical sale
- AED 3.25M
- Typical rent
- AED 139K /yr
- Typical yield
- 5.3%
Other units on the 1st floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 1,078 sqft | AED 1.41MAED 1,411,888 · Dec 2012December 2012 | 140,000 /yr |
102, South Ridge Towers 1 in numbers
- Sold twice: first on 27 June 2012 for AED 1,878,888, last on 20 December 2020 for AED 1,800,000 (AED 976 per sqft).
- Rented since June 2015 on 2 Ejari contracts, from AED 100,000 to AED 125,337 a year.
- At AED 125,337 a year the gross yield on the 2020 price is 7.0%, before a service charge of about AED 35,300 a year (AED 19.17 per sqft).
- Two-beds in South Ridge Towers 1 sold for AED 2,500,000–4,150,000 in the 12 months to November 2026; the building's median across all types is AED 2,049 per sqft.
Source: Dubai Land Department. Updated 20 December 2020.
Questions about 102, South Ridge Towers 1
What did unit 102 last sell for?
AED 1,800,000 on 20 December 2020: AED 976 per sqft for 1,843 sqft. The unit has 2 registered sales; the first was AED 1,878,888 in June 2012.
What is the rent for unit 102?
AED 125,337 a year on the contract signed on 1 April 2020. The previous contract, from June 2015, was AED 100,000.
How big is unit 102?
1,843 sqft (171.2 sqm): a two-bedroom apartment on the 1st floor of a 39-storey tower completed in 2008.
What is unit 102 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in South Ridge Towers 1 sold for AED 2,500,000 to 4,150,000 in the last 12 months, around AED 2,114 per sqft.
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Mortgage on 102, South Ridge Towers 1
Starts from the last sale price (AED 1.8M, 20 December 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →