1901, South Ridge Towers 1
Sold prices and rental history: sold 3 times, last in December 2020, 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 1901, South Ridge Towers 1
What is 1901 worth today?
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Source: Dubai Land Department. Updated 22 December 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,491 sqft
- Floor
- 19th of 39
- Parking
- B1-110
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 28,600 /yr
- Last sold
- AED 1.47M · December 2020
- Building
- South Ridge Towers 1
About 1901, South Ridge Towers 1
1901 is a two-bedroom apartment of 1,491 sqft on the 19th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 22 December 2020 for AED 1,469,099, or AED 985 per sqft, in line with the AED 985 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 September 2020, is AED 60,000 a year: a gross yield of 4.1% on the 2020 price, before the service charge of about AED 28,600 a year.
Sales and rents for 1901 over time
1901 has sold 3 times; 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 1901 sits
All 76 2-beds →1901 last sold in December 2020 at AED 985 per sqft, in line with what two-beds in South Ridge Towers 1 were fetching at the time (AED 985). 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. 1901's AED 60,000 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 19th floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1902 | 3-bed | 2,102 sqft | AED 3MAED 3,000,000 · Oct 2021October 2021 | 350,000 /yr | |
| 1903 | 2-bed | 1,040 sqft | AED 954KAED 954,444 · Oct 2011October 2011 | 135,000 /yr | |
| 1904 | 1-bed | 915 sqft | AED 1.6MAED 1,600,000 · Oct 2023October 2023 | 81,075 /yr | |
| 1905 | 1-bed | 1,060 sqft | AED 1.28MAED 1,280,000 · Nov 2012November 2012 | 50,000 /yr |
1901, South Ridge Towers 1 in numbers
- Sold 3 times: first on 22 February 2010 for AED 1,298,888, last on 22 December 2020 for AED 1,469,099 (AED 985 per sqft).
- Rented since July 2013 on 6 Ejari contracts, from AED 110,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2020 price is 4.1%, 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 22 December 2020.
Questions about 1901, South Ridge Towers 1
What did unit 1901 last sell for?
AED 1,469,099 on 22 December 2020: AED 985 per sqft for 1,491 sqft. The unit has 3 registered sales; the first was AED 1,298,888 in February 2010.
What is the rent for unit 1901?
AED 60,000 a year on the contract signed on 1 September 2020. The previous contract, from August 2019, was AED 120,000; the unit has been rented since July 2013.
How big is unit 1901?
1,491 sqft (138.5 sqm): a two-bedroom apartment on the 19th floor of a 39-storey tower completed in 2008.
What is unit 1901 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 1901, South Ridge Towers 1
Starts from the last sale price (AED 1.47M, 22 December 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,469,099
- Deposit, UAE resident (20%)
- AED 293,820
- Deposit, non-resident (40%)
- AED 587,640
- Monthly over 25 years at 3.7%
- AED 6,011
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →