1701, South Ridge Towers 1
Sold prices and rental history: sold twice, last in June 2022, 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 1701, South Ridge Towers 1
What is 1701 worth today?
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Source: Dubai Land Department. Updated 13 June 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,491 sqft
- Floor
- 17th of 39
- Parking
- B1-105
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 28,600 /yr
- Last sold
- AED 2.1M · June 2022
- Building
- South Ridge Towers 1
About 1701, South Ridge Towers 1
1701 is a two-bedroom apartment of 1,491 sqft on the 17th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 13 June 2022 for AED 2,100,000, or AED 1,408 per sqft, in line with the AED 1,406 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 7 November 2020, is AED 110,000 a year: a gross yield of 5.2% on the 2022 price, before the service charge of about AED 28,600 a year.
Sales and rents for 1701 over time
1701 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 1701 sits
All 76 2-beds →1701 last sold in June 2022 at AED 1,408 per sqft, in line with what two-beds in South Ridge Towers 1 were fetching at the time (AED 1,406). 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. 1701's AED 110,000 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 17th floor
All 188 units in South Ridge Towers 11701, South Ridge Towers 1 in numbers
- Sold twice: first on 18 March 2009 for AED 1,244,402, last on 13 June 2022 for AED 2,100,000 (AED 1,408 per sqft).
- Rented since October 2013 on 8 Ejari contracts, from AED 157,704 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2022 price is 5.2%, 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 13 June 2022.
Questions about 1701, South Ridge Towers 1
What did unit 1701 last sell for?
AED 2,100,000 on 13 June 2022: AED 1,408 per sqft for 1,491 sqft. The unit has 2 registered sales; the first was AED 1,244,402 in March 2009.
What is the rent for unit 1701?
AED 110,000 a year on the contract renewed on 7 November 2020. The previous contract, from November 2019, was AED 130,000; the unit has been rented since October 2013.
How big is unit 1701?
1,491 sqft (138.5 sqm): a two-bedroom apartment on the 17th floor of a 39-storey tower completed in 2008.
What is unit 1701 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 1701, South Ridge Towers 1
Starts from the last sale price (AED 2.1M, 13 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →