1301, South Ridge Towers 1
Sold prices and rental history: sold 3 times, last in March 2012, 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 1301, South Ridge Towers 1
What is 1301 worth today?
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Source: Dubai Land Department. Updated 9 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,491 sqft
- Floor
- 13th of 39
- Parking
- B1-107
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 28,600 /yr
- Last sold
- AED 1.43M · March 2012
- Building
- South Ridge Towers 1
About 1301, South Ridge Towers 1
1301 is a two-bedroom apartment of 1,491 sqft on the 13th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 11 March 2012 for AED 1,425,000, or AED 955 per sqft, 20% below the AED 1,200 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 9 August 2026, is AED 145,000 a year: a gross yield of 10.2% on the 2012 price, before the service charge of about AED 28,600 a year.
Sales and rents for 1301 over time
1301 has sold 3 times; 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 1301 sits
All 76 2-beds →1301 last sold in March 2012 at AED 955 per sqft, 20% below what two-beds in South Ridge Towers 1 were fetching at the time (AED 1,200). 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. 1301's AED 145,000 is in the lower half 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 13th floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1302 | 3-bed | 2,102 sqft | AED 4.8MAED 4,800,000 · Nov 2024November 2024 | 300,000 /yr | |
| 1303 | 2-bed | 1,635 sqft | AED 2.3MAED 2,300,000 · Sep 2021September 2021 | 157,000 /yr | |
| 1304 | 1-bed | 915 sqft | AED 862KAED 861,888 · Sep 2011September 2011 | 110,000 /yr | |
| 1305 | 1-bed | 530 sqft | AED 876KAED 875,888 · Jun 2010June 2010 | 90,000 /yr |
1301, South Ridge Towers 1 in numbers
- Sold 3 times: first on 26 August 2009 for AED 1,700,000, last on 11 March 2012 for AED 1,425,000 (AED 955 per sqft).
- Rented since February 2013 on 13 Ejari contracts. The rent fell from AED 120,000 to AED 100,000 in 2021 and recovered to AED 145,000 by August 2026.
- At AED 145,000 a year the gross yield on the 2012 price is 10.2%, before a service charge of about AED 28,600 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 9 August 2026.
Questions about 1301, South Ridge Towers 1
What did unit 1301 last sell for?
AED 1,425,000 on 11 March 2012: AED 955 per sqft for 1,491 sqft. The unit has 3 registered sales; the first was AED 1,700,000 in August 2009.
What is the rent for unit 1301?
AED 145,000 a year on the contract signed on 9 August 2026. The previous contract, from July 2025, was AED 157,000; the unit has been rented since February 2013.
How big is unit 1301?
1,491 sqft (138.5 sqm): a two-bedroom apartment on the 13th floor of a 39-storey tower completed in 2008.
What is unit 1301 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 1301, South Ridge Towers 1
Starts from the last sale price (AED 1.43M, 11 March 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,425,000
- Deposit, UAE resident (20%)
- AED 285,000
- Deposit, non-resident (40%)
- AED 570,000
- Monthly over 25 years at 3.7%
- AED 5,830
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →