2-bed · 1,635 sqftSouth Ridge Towers 1, Downtown Dubai · 20th floor · completed 2008

2003, South Ridge Towers 1

Sold prices and rental history: sold twice, last in July 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2003 · DLD and Ejari recordsUpdated 15 December 2025
Last soldAED 3.38M4 July 2013
Current rentAED 193K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2003, South Ridge Towers 1

What is 2003 worth today?

Last sold for AED 3,380,000 in 2013

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15 Dec 2025RentedRenewal
AED 192,500/yr12 months · AED 118 per sqft
15 Dec 2024RentedNew contract
AED 200,000/yr12 months · AED 122 per sqft
23 May 2024RentedRenewal
AED 200,000/yr12 months · AED 123 per sqft
23 May 2023RentedNew contract
AED 195,000/yr12 months · AED 119 per sqft
19 May 2022RentedRenewal
AED 145,000/yr12 months · AED 89 per sqft
19 May 2021RentedRenewal
AED 145,000/yr12 months · AED 89 per sqft
19 May 2020RentedRenewal
AED 135,000/yr12 months · AED 83 per sqft
19 May 2019RentedRenewal
AED 135,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
2-bed apartment
Size
1,635 sqft
Floor
20th of 39
Parking
B2-010
Developer
Emaar
Completed
2008
Service charge
AED 31,300 /yr
Last sold
AED 3.38M · July 2013

About 2003, South Ridge Towers 1

2003 is a two-bedroom apartment of 1,635 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 4 July 2013 for AED 3,380,000, or AED 2,067 per sqft, 43% above the AED 1,448 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 15 December 2025, is AED 192,500 a year: a gross yield of 5.7% on the 2013 price, before the service charge of about AED 31,300 a year.

Sales and rents for 2003 over time

Sales
Unit 2003, each saleTypical two-bed in South Ridge Towers 1
2M2008201320182023Typical 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, December 2009: AED 940,444 (AED 575 per sqft)Sold, July 2013: AED 3,380,000 (AED 2,067 per sqft)

2003 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2003, each contractTypical two-bed in South Ridge Towers 1
100K150K200K2012201620202024Typical 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 170,000New contract, February 2012: AED 170,000 a yearNew contract, February 2013: AED 170,000 a yearNew contract, May 2016: AED 175,000 a yearRenewal, May 2017: AED 175,000 a yearRenewal, May 2018: AED 180,000 a yearRenewal, May 2019: AED 135,000 a yearRenewal, May 2020: AED 135,000 a yearRenewal, May 2021: AED 145,000 a yearRenewal, May 2022: AED 145,000 a yearNew contract, May 2023: AED 195,000 a yearRenewal, May 2024: AED 200,000 a yearNew contract, December 2024: AED 200,000 a yearRenewal, December 2025: AED 192,500 a year

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 2003 sits

All 76 2-beds →

2003 last sold in July 2013 at AED 2,067 per sqft, 43% above what two-beds in South Ridge Towers 1 were fetching at the time (AED 1,448). 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. 2003's AED 192,500 is in the lower half of that range.

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 20th floor

All 188 units in South Ridge Towers 1
Value
20012-bedAED 2.98M · Apr 2014
20023-bedAED 4.25M · Jun 2017
20041-bedAED 850K · Apr 2009
20051-bedAED 892K · Feb 2013

2003, South Ridge Towers 1 in numbers

  • Sold twice: first on 10 December 2009 for AED 940,444, last on 4 July 2013 for AED 3,380,000 (AED 2,067 per sqft).
  • Rented since February 2012 on 13 Ejari contracts. The rent fell from AED 170,000 to AED 135,000 in 2020 and recovered to AED 192,500 by December 2025.
  • At AED 192,500 a year the gross yield on the 2013 price is 5.7%, before a service charge of about AED 31,300 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 15 December 2025.

Questions about 2003, South Ridge Towers 1

What did unit 2003 last sell for?

AED 3,380,000 on 4 July 2013: AED 2,067 per sqft for 1,635 sqft. The unit has 2 registered sales; the first was AED 940,444 in December 2009.

What is the rent for unit 2003?

AED 192,500 a year on the contract renewed on 15 December 2025. The previous contract, from December 2024, was AED 200,000; the unit has been rented since February 2012.

How big is unit 2003?

1,635 sqft (151.9 sqm): a two-bedroom apartment on the 20th floor of a 39-storey tower completed in 2008.

What is unit 2003 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 2003, South Ridge Towers 1

Starts from the last sale price (AED 3.38M, 4 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,380,000
Deposit, UAE resident (20%)
AED 676,000
Deposit, non-resident (40%)
AED 1,352,000
Monthly over 25 years at 3.7%
AED 13,829

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