1302, South Ridge Towers 1
Sold prices and rental history: sold 4 times, last in November 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1302, South Ridge Towers 1
What is 1302 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,102 sqft
- Floor
- 13th of 39
- Parking
- B1-081 , B1-082
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 40,300 /yr
- Last sold
- AED 4.8M · November 2024
- Building
- South Ridge Towers 1
About 1302, South Ridge Towers 1
1302 is a three-bedroom apartment of 2,102 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 1 November 2024 for AED 4,800,000, or AED 2,283 per sqft, in line with the AED 2,235 three-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 9 July 2023, is AED 300,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 40,300 a year.
Sales and rents for 1302 over time
1302 has sold 4 times; 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 1302 sits
All 39 3-beds →1302 last sold in November 2024 at AED 2,283 per sqft, in line with what three-beds in South Ridge Towers 1 were fetching at the time (AED 2,235). 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. 1302's AED 300,000 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 13th floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 1,491 sqft | AED 1.43MAED 1,425,000 · Mar 2012March 2012 | 145,000 /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 |
1302, South Ridge Towers 1 in numbers
- Sold 4 times: first on 23 April 2009 for AED 2,261,888, last on 1 November 2024 for AED 4,800,000 (AED 2,283 per sqft).
- Rented since April 2019 on 4 Ejari contracts, from AED 150,000 to AED 300,000 a year.
- At AED 300,000 a year the gross yield on the 2024 price is 6.3%, 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 1 November 2024.
Questions about 1302, South Ridge Towers 1
What did unit 1302 last sell for?
AED 4,800,000 on 1 November 2024: AED 2,283 per sqft for 2,102 sqft. The unit has 4 registered sales; the first was AED 2,261,888 in April 2009.
What is the rent for unit 1302?
AED 300,000 a year on the contract signed on 9 July 2023. The previous contract, from May 2022, was AED 239,357; the unit has been rented since April 2019.
How big is unit 1302?
2,102 sqft (195.3 sqm): a three-bedroom apartment on the 13th floor of a 39-storey tower completed in 2008.
What is unit 1302 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 1302, South Ridge Towers 1
Starts from the last sale price (AED 4.8M, 1 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,800,000
- Deposit, UAE resident (20%)
- AED 960,000
- Deposit, non-resident (40%)
- AED 1,920,000
- Monthly over 25 years at 3.7%
- AED 19,638
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →