1502, South Ridge Towers 1
Sold prices and rental history: sold 5 times, last in October 2026, 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 1502, South Ridge Towers 1
What is 1502 worth today?
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Source: Dubai Land Department. Updated 12 October 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 2,102 sqft
- Floor
- 15th of 39
- Parking
- B1-078 , B1-079
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 40,300 /yr
- Last sold
- AED 6.13M · October 2026
- Building
- South Ridge Towers 1
About 1502, South Ridge Towers 1
1502 is a three-bedroom apartment of 2,102 sqft on the 15th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 12 October 2026 for AED 6,130,000, or AED 2,916 per sqft, 15% above the AED 2,545 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 1 August 2022, is AED 185,000 a year: a gross yield of 3.0% on the 2026 price, before the service charge of about AED 40,300 a year.
Sales and rents for 1502 over time
1502 has sold 5 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 1502 sits
All 39 3-beds →1502 last sold in October 2026 at AED 2,916 per sqft, 15% above what three-beds in South Ridge Towers 1 were fetching at the time (AED 2,545). 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. 1502's AED 185,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 25 Aug 202525 August 2025 | 2,102 sqft | 5,900,000 | 2,806 |
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 15th floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,491 sqft | AED 3.03MAED 3,025,000 · Jul 2026July 2026 | 183,750 /yr | |
| 1503 | 2-bed | 1,635 sqft | AED 1.8MAED 1,800,000 · Feb 2012February 2012 | 160,085 /yr | |
| 1504 | 1-bed | 915 sqft | AED 1.45MAED 1,450,000 · Mar 2018March 2018 | 110,000 /yr | |
| 1505 | 1-bed | 1,060 sqft | AED 1.72MAED 1,720,000 · Dec 2023December 2023 | 90,259 /yr |
1502, South Ridge Towers 1 in numbers
- Sold 5 times: first on 13 June 2010 for AED 2,090,241, last on 12 October 2026 for AED 6,130,000 (AED 2,916 per sqft).
- Rented since July 2013 on 8 Ejari contracts. The rent fell from AED 220,000 to AED 165,000 in 2019 and recovered to AED 185,000 by August 2022.
- At AED 185,000 a year the gross yield on the 2026 price is 3.0%, 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 12 October 2026.
Questions about 1502, South Ridge Towers 1
What did unit 1502 last sell for?
AED 6,130,000 on 12 October 2026: AED 2,916 per sqft for 2,102 sqft. The unit has 5 registered sales; the first was AED 2,090,241 in June 2010.
What is the rent for unit 1502?
AED 185,000 a year on the contract signed on 1 August 2022. The previous contract, from August 2021, was AED 175,000; the unit has been rented since July 2013.
How big is unit 1502?
2,102 sqft (195.3 sqm): a three-bedroom apartment on the 15th floor of a 39-storey tower completed in 2008.
What is unit 1502 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 1502, South Ridge Towers 1
Starts from the last sale price (AED 6.13M, 12 October 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 6,130,000
- Deposit, UAE resident (20%)
- AED 1,226,000
- Deposit, non-resident (40%)
- AED 2,452,000
- Monthly over 25 years at 3.7%
- AED 25,080
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →