1401, South Ridge Towers 1
Sold prices and rental history: sold 6 times, last in April 2021, and rented once, from November 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1401, South Ridge Towers 1
What is 1401 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 22 April 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,491 sqft
- Floor
- 14th of 39
- Parking
- B1-109
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 28,600 /yr
- Last sold
- AED 2.08M · April 2021
- Building
- South Ridge Towers 1
About 1401, South Ridge Towers 1
1401 is a two-bedroom apartment of 1,491 sqft on the 14th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 22 April 2021 for AED 2,077,000, or AED 1,393 per sqft, 34% above the AED 1,039 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 11 November 2018. The current contract, signed on 11 November 2018, is AED 123,000 a year: a gross yield of 5.9% on the 2021 price, before the service charge of about AED 28,600 a year.
Sales and rents for 1401 over time
1401 has sold 6 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 1401 sits
All 76 2-beds →1401 last sold in April 2021 at AED 1,393 per sqft, 34% above what two-beds in South Ridge Towers 1 were fetching at the time (AED 1,039). 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. 1401's AED 123,000 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 14th floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1402 | 3-bed | 2,102 sqft | AED 3.65MAED 3,650,000 · May 2023May 2023 | 198,000 /yr | |
| 1403 | 2-bed | 1,635 sqft | AED 3.88MAED 3,884,250 · Nov 2014November 2014 | 137,500 /yr | |
| 1404 | 1-bed | 915 sqft | AED 1.07MAED 1,065,000 · Aug 2019August 2019 | 120,000 /yr | |
| 1405 | 1-bed | 1,060 sqft | AED 862KAED 861,888 · Oct 2010October 2010 | 125,000 /yr |
1401, South Ridge Towers 1 in numbers
- Sold 6 times: first on 19 August 2010 for AED 1,285,888, last on 22 April 2021 for AED 2,077,000 (AED 1,393 per sqft).
- Rented since November 2018 on one Ejari contract, at AED 123,000 a year.
- At AED 123,000 a year the gross yield on the 2021 price is 5.9%, 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 22 April 2021.
Questions about 1401, South Ridge Towers 1
What did unit 1401 last sell for?
AED 2,077,000 on 22 April 2021: AED 1,393 per sqft for 1,491 sqft. The unit has 6 registered sales; the first was AED 1,285,888 in August 2010.
What is the rent for unit 1401?
AED 123,000 a year on the contract signed on 11 November 2018.
How big is unit 1401?
1,491 sqft (138.5 sqm): a two-bedroom apartment on the 14th floor of a 39-storey tower completed in 2008.
What is unit 1401 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.
Selling 1401? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1401, South Ridge Towers 1
Starts from the last sale price (AED 2.08M, 22 April 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,077,000
- Deposit, UAE resident (20%)
- AED 415,400
- Deposit, non-resident (40%)
- AED 830,800
- Monthly over 25 years at 3.7%
- AED 8,498
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →