Home
Dubai prices
About
Research
2-bed · 1,635 sqftSouth Ridge Towers 1, Downtown Dubai · 17th floor · completed 2008

1703, South Ridge Towers 1

Sold prices and rental history: sold twice, last in December 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 12 December 2013
Last soldAED 3.8M12 December 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1703

Property timeline for 1703, South Ridge Towers 1

What is 1703 worth today?

Last sold for AED 3,800,000 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 Dec 2013SoldReady
AED 3,800,000AED 2,324 per sqft
31 Aug 2010Sold by developerReady
AED 1,847,888AED 1,130 per sqft

Source: Dubai Land Department. Updated 12 December 2013.

Key facts

Type
2-bed apartment
Size
1,635 sqft
Floor
17th of 39
Parking
B2-099
Developer
Emaar
Completed
2008
Service charge
AED 31,300 /yr
Last sold
AED 3.8M · December 2013
Building
South Ridge Towers 1

About 1703, South Ridge Towers 1

1703 is a two-bedroom apartment of 1,635 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 12 December 2013 for AED 3,800,000, or AED 2,324 per sqft, 58% above the AED 1,469 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1703 over time

Sales
Unit 1703, each saleTypical two-bed in South Ridge Towers 1
2M4M2008201320182023Typical sale price by year: 2008 AED 1,706,944; 2009 AED 1,473,060; 2010 AED 1,915,500; 2011 AED 2,005,946; 2012 AED 1,949,944; 2013 AED 2,300,000; 2014 AED 3,400,000; 2015 AED 2,650,000; 2016 AED 2,462,500; 2017 AED 2,337,500; 2018 AED 2,800,000; 2020 AED 1,634,550; 2021 AED 2,077,000; 2022 AED 2,200,000; 2023 AED 2,600,000; 2024 AED 2,865,000; 2025 AED 3,000,000; 2026 AED 3,150,000Sold by developer, August 2010: AED 1,847,888 (AED 1,130 per sqft)Sold, December 2013: AED 3,800,000 (AED 2,324 per sqft)

1703 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1703, each contractTypical two-bed in South Ridge Towers 1
150K2012201620202024Typical rent by year: 2012 AED 132,500; 2013 AED 140,000; 2014 AED 160,000; 2015 AED 166,000; 2016 AED 167,265; 2017 AED 160,000; 2018 AED 140,000; 2019 AED 130,000; 2020 AED 116,000; 2021 AED 115,001; 2022 AED 124,000; 2023 AED 150,000; 2024 AED 170,000; 2025 AED 177,500; 2026 AED 170,000

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 1703 sits

All 76 2-beds →

1703 last sold in December 2013 at AED 2,324 per sqft, 58% above what two-beds in South Ridge Towers 1 were fetching at the time (AED 1,469). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Jul 20263,025,000
24 Apr 20264,150,000
15 Apr 20263,250,000
11 Mar 20263,050,000
6 2-bed sales in the last 12 months

South Ridge Towers 1

Building

188 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%
South Ridge Towers 1, Downtown Dubai: prices, sales and rents →

Other units on the 17th floor

All 188 units in South Ridge Towers 1
Value
17012-bedAED 2.1M · Jun 2022
17023-bedAED 5.35M · Aug 2026
17041-bedAED 1.3M · Mar 2013
17051-bedAED 1.35M · Jun 2022

1703, South Ridge Towers 1 in numbers

  • Sold twice: first on 31 August 2010 for AED 1,847,888, last on 12 December 2013 for AED 3,800,000 (AED 2,324 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 12 December 2013.

Questions about 1703, South Ridge Towers 1

What did unit 1703 last sell for?

AED 3,800,000 on 12 December 2013: AED 2,324 per sqft for 1,635 sqft. The unit has 2 registered sales; the first was AED 1,847,888 in August 2010.

How big is unit 1703?

1,635 sqft (151.9 sqm): a two-bedroom apartment on the 17th floor of a 39-storey tower completed in 2008.

What is unit 1703 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 1703? 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.

How OpenOffers works

Mortgage on 1703, South Ridge Towers 1

Starts from the last sale price (AED 3.8M, 12 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →