3-bed · 2,102 sqftSouth Ridge Towers 1, Downtown Dubai · 20th floor · completed 2008

2002, South Ridge Towers 1

Sold prices and rental history: sold twice, last in June 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2002 · DLD and Ejari recordsUpdated 5 June 2017
Last soldAED 4.25M5 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2002, South Ridge Towers 1

What is 2002 worth today?

Last sold for AED 4,250,000 in 2017

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5 Jun 2017SoldReady
AED 4,250,000AED 2,021 per sqft
1 Jul 2010Sold by developerReady
AED 2,127,252AED 1,012 per sqft

Source: Dubai Land Department. Updated 5 June 2017.

Key facts

Type
3-bed apartment
Size
2,102 sqft
Floor
20th of 39
Parking
B1-053 , B1-054
Developer
Emaar
Completed
2008
Service charge
AED 40,300 /yr
Last sold
AED 4.25M · June 2017

About 2002, South Ridge Towers 1

2002 is a three-bedroom apartment of 2,102 sqft on the 20th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 5 June 2017 for AED 4,250,000, or AED 2,021 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2002 over time

Sales
Unit 2002, 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, July 2010: AED 2,127,252 (AED 1,012 per sqft)Sold, June 2017: AED 4,250,000 (AED 2,021 per sqft)

2002 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2002, 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 225,000

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 2002 sits

All 39 3-beds →

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.

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 20th floor

All 188 units in South Ridge Towers 1
Value
20012-bedAED 2.98M · Apr 2014
20032-bedAED 3.38M · Jul 2013
20041-bedAED 850K · Apr 2009
20051-bedAED 892K · Feb 2013

2002, South Ridge Towers 1 in numbers

  • Sold twice: first on 1 July 2010 for AED 2,127,252, last on 5 June 2017 for AED 4,250,000 (AED 2,021 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 5 June 2017.

Questions about 2002, South Ridge Towers 1

What did unit 2002 last sell for?

AED 4,250,000 on 5 June 2017: AED 2,021 per sqft for 2,102 sqft. The unit has 2 registered sales; the first was AED 2,127,252 in July 2010.

How big is unit 2002?

2,102 sqft (195.3 sqm): a three-bedroom apartment on the 20th floor of a 39-storey tower completed in 2008.

What is unit 2002 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 2002, South Ridge Towers 1

Starts from the last sale price (AED 4.25M, 5 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 4,250,000
Deposit, UAE resident (20%)
AED 850,000
Deposit, non-resident (40%)
AED 1,700,000
Monthly over 25 years at 3.7%
AED 17,388

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