3-bed · 2,102 sqftSouth Ridge Towers 1, Downtown Dubai · 18th floor · completed 2008

1802, South Ridge Towers 1

Sold prices and rental history: sold 4 times, last in June 2023, and rented once, from August 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1802 · DLD and Ejari recordsUpdated 6 June 2023
Last soldAED 3.25M6 June 2023
Current rentAED 220K /yr6 August 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1802, South Ridge Towers 1

What is 1802 worth today?

Last sold for AED 3,250,000 in 2023

Unlock today's estimate, updated daily, with

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

6 Jun 2023SoldReady
AED 3,250,000AED 1,546 per sqft
30 Jun 2021SoldReady
AED 3,030,000AED 1,441 per sqft
22 Mar 2021SoldReady
AED 2,500,000AED 1,189 per sqft
6 Aug 2014RentedNew contract
AED 220,000/yr12 months · AED 105 per sqft
31 Mar 2010Sold by developerReady
AED 2,082,481AED 990 per sqft

Source: Dubai Land Department. Updated 6 June 2023.

Key facts

Type
3-bed apartment
Size
2,102 sqft
Floor
18th of 39
Parking
B1-065 , B1-066
Developer
Emaar
Completed
2008
Service charge
AED 40,300 /yr
Last sold
AED 3.25M · June 2023

About 1802, South Ridge Towers 1

1802 is a three-bedroom apartment of 2,102 sqft on the 18th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 6 June 2023 for AED 3,250,000, or AED 1,546 per sqft, in line with the AED 1,581 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 6 August 2014. The current contract, signed on 6 August 2014, is AED 220,000 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 40,300 a year.

Sales and rents for 1802 over time

Sales
Unit 1802, each saleTypical three-bed in South Ridge Towers 1
2M4M2009201420192024Typical sale price by year: 2009 AED 2,704,000; 2010 AED 2,503,170; 2011 AED 2,284,888; 2012 AED 3,160,000; 2013 AED 4,030,000; 2015 AED 4,875,000; 2019 AED 2,225,186; 2021 AED 3,000,000; 2022 AED 3,325,000; 2023 AED 3,950,000; 2024 AED 4,800,000; 2025 AED 4,950,000; 2026 AED 5,350,000Sold by developer, March 2010: AED 2,082,481 (AED 990 per sqft)Sold, March 2021: AED 2,500,000 (AED 1,189 per sqft)Sold, June 2021: AED 3,030,000 (AED 1,441 per sqft)Sold, June 2023: AED 3,250,000 (AED 1,546 per sqft)

1802 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1802, each contractTypical three-bed in South Ridge Towers 1
150K200K250K2012201620202024Typical rent by year: 2012 AED 190,000; 2013 AED 220,000; 2014 AED 232,500; 2015 AED 245,000; 2016 AED 239,842; 2017 AED 220,000; 2018 AED 192,500; 2019 AED 167,500; 2020 AED 156,250; 2021 AED 175,000; 2022 AED 199,464; 2023 AED 240,000; 2024 AED 245,000; 2025 AED 250,000; 2026 AED 225,000New contract, August 2014: AED 220,000 a year

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 1802 sits

All 39 3-beds →

1802 last sold in June 2023 at AED 1,546 per sqft, in line with what three-beds in South Ridge Towers 1 were fetching at the time (AED 1,581). 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. 1802's AED 220,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
12 Oct 20266,130,000
17 Aug 20265,350,000
11 Jun 20263,516,934
11 Sep 20254,950,000
3 3-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 18th floor

All 188 units in South Ridge Towers 1
Value
18012-bedAED 1.95M · Nov 2022
18032-bedAED 3.75M · Jun 2025
18041-bedAED 1.75M · Apr 2015
18051-bedAED 1.94M · Jul 2025

1802, South Ridge Towers 1 in numbers

  • Sold 4 times: first on 31 March 2010 for AED 2,082,481, last on 6 June 2023 for AED 3,250,000 (AED 1,546 per sqft).
  • Rented since August 2014 on one Ejari contract, at AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2023 price is 6.8%, 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 6 June 2023.

Questions about 1802, South Ridge Towers 1

What did unit 1802 last sell for?

AED 3,250,000 on 6 June 2023: AED 1,546 per sqft for 2,102 sqft. The unit has 4 registered sales; the first was AED 2,082,481 in March 2010.

What is the rent for unit 1802?

AED 220,000 a year on the contract signed on 6 August 2014.

How big is unit 1802?

2,102 sqft (195.3 sqm): a three-bedroom apartment on the 18th floor of a 39-storey tower completed in 2008.

What is unit 1802 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.

Selling 1802? 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 1802, South Ridge Towers 1

Starts from the last sale price (AED 3.25M, 6 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,250,000
Deposit, UAE resident (20%)
AED 650,000
Deposit, non-resident (40%)
AED 1,300,000
Monthly over 25 years at 3.7%
AED 13,297

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