1202, South Ridge Towers 1
Sold prices and rental history: sold once, by the developer in February 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, South Ridge Towers 1
What is 1202 worth today?
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Source: Dubai Land Department. Updated 17 November 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,102 sqft
- Floor
- 12th of 39
- Parking
- B1-030 , B1-031
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 40,300 /yr
- Last sold
- AED 2.05M · February 2011
- Building
- South Ridge Towers 1
About 1202, South Ridge Towers 1
1202 is a three-bedroom apartment of 2,102 sqft on the 12th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 1 February 2011 for AED 2,054,351, or AED 977 per sqft, 16% below the AED 1,164 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 17 November 2025, is AED 240,000 a year: a gross yield of 11.7% on the 2011 price, before the service charge of about AED 40,300 a year.
Sales and rents for 1202 over time
1202 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in South Ridge Towers 1, and where 1202 sits
All 39 3-beds →1202 last sold in February 2011 at AED 977 per sqft, 16% below what three-beds in South Ridge Towers 1 were fetching at the time (AED 1,164). Over the last 12 months three-beds sold for AED 3,516,934 to 6,130,000, around AED 2,545 per sqft, and rent for AED 110,000 to 350,000 a year. 1202's AED 240,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Oct 202612 October 2026 | 2,102 sqft | 6,130,000 | 2,916 | ||
| 17 Aug 202617 August 2026 | 2,102 sqft | 5,350,000 | 2,545 | ||
| 11 Jun 202611 June 2026 | 1,974 sqft | 3,516,934 | 1,781 | ||
| 11 Sep 202511 September 2025 | 2,102 sqft | 4,950,000 | 2,354 |
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 12th floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,491 sqft | AED 1.24MAED 1,242,888 · Feb 2010February 2010 | 104,500 /yr | |
| 1203 | 2-bed | 1,635 sqft | AED 1.89MAED 1,885,572 · Apr 2009April 2009 | 135,000 /yr | |
| 1204 | 1-bed | 915 sqft | AED 1.55MAED 1,550,000 · Apr 2023April 2023 | 77,000 /yr | |
| 1205 | 1-bed | 530 sqft | AED 852KAED 851,888 · Jun 2010June 2010 | 110,000 /yr |
1202, South Ridge Towers 1 in numbers
- Sold once: by Emaar on 1 February 2011 for AED 2,054,351, or AED 977 per sqft.
- Rented since September 2013 on 13 Ejari contracts. The rent fell from AED 207,000 to AED 140,000 in 2020 and recovered to AED 240,000 by November 2025.
- At AED 240,000 a year the gross yield on the 2011 price is 11.7%, before a service charge of about AED 40,300 a year (AED 19.17 per sqft).
- Three-beds in South Ridge Towers 1 sold for AED 3,516,934–6,130,000 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 17 November 2025.
Questions about 1202, South Ridge Towers 1
What did unit 1202 last sell for?
AED 2,054,351 on 1 February 2011, sold by the developer: AED 977 per sqft for 2,102 sqft. It is the only registered sale of the unit.
What is the rent for unit 1202?
AED 240,000 a year on the contract renewed on 17 November 2025. The previous contract, from November 2024, was AED 230,000; the unit has been rented since September 2013.
How big is unit 1202?
2,102 sqft (195.3 sqm): a three-bedroom apartment on the 12th floor of a 39-storey tower completed in 2008.
What is unit 1202 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in South Ridge Towers 1 sold for AED 3,516,934 to 6,130,000 in the last 12 months, around AED 2,545 per sqft.
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Mortgage on 1202, South Ridge Towers 1
Starts from the last sale price (AED 2.05M, 1 February 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,054,351
- Deposit, UAE resident (20%)
- AED 410,870
- Deposit, non-resident (40%)
- AED 821,740
- Monthly over 25 years at 3.7%
- AED 8,405
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →