1403, South Ridge Towers 1
Sold prices and rental history: sold twice, last in November 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1403, South Ridge Towers 1
What is 1403 worth today?
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Source: Dubai Land Department. Updated 24 November 2014.
Key facts
- Type
- 2-bed apartment
- Size
- 1,635 sqft
- Floor
- 14th of 39
- Parking
- B2-074
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 31,300 /yr
- Last sold
- AED 3.88M · November 2014
- Building
- South Ridge Towers 1
About 1403, South Ridge Towers 1
1403 is a two-bedroom apartment of 1,635 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 24 November 2014 for AED 3,884,250, or AED 2,375 per sqft, 8% above the AED 2,203 two-beds in the building were fetching at the time.
It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 9 June 2014, is AED 137,500 a year: a gross yield of 3.5% on the 2014 price, before the service charge of about AED 31,300 a year.
Sales and rents for 1403 over time
1403 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 1403 sits
All 76 2-beds →1403 last sold in November 2014 at AED 2,375 per sqft, 8% above what two-beds in South Ridge Towers 1 were fetching at the time (AED 2,203). 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. 1403's AED 137,500 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 14th floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,491 sqft | AED 2.08MAED 2,077,000 · Apr 2021April 2021 | 123,000 /yr | |
| 1402 | 3-bed | 2,102 sqft | AED 3.65MAED 3,650,000 · May 2023May 2023 | 198,000 /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 |
1403, South Ridge Towers 1 in numbers
- Sold twice: first on 26 April 2009 for AED 1,852,888, last on 24 November 2014 for AED 3,884,250 (AED 2,375 per sqft).
- Rented since June 2013 on 2 Ejari contracts, from AED 125,000 to AED 137,500 a year.
- At AED 137,500 a year the gross yield on the 2014 price is 3.5%, before a service charge of about AED 31,300 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 24 November 2014.
Questions about 1403, South Ridge Towers 1
What did unit 1403 last sell for?
AED 3,884,250 on 24 November 2014: AED 2,375 per sqft for 1,635 sqft. The unit has 2 registered sales; the first was AED 1,852,888 in April 2009.
What is the rent for unit 1403?
AED 137,500 a year on the contract renewed on 9 June 2014. The previous contract, from June 2013, was AED 125,000.
How big is unit 1403?
1,635 sqft (151.9 sqm): a two-bedroom apartment on the 14th floor of a 39-storey tower completed in 2008.
What is unit 1403 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 1403, South Ridge Towers 1
Starts from the last sale price (AED 3.88M, 24 November 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 3,884,250
- Deposit, UAE resident (20%)
- AED 776,850
- Deposit, non-resident (40%)
- AED 1,553,700
- Monthly over 25 years at 3.7%
- AED 15,892
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →