203, South Ridge Towers 1
Sold prices and rental history: sold 4 times, last in February 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 203, South Ridge Towers 1
What is 203 worth today?
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Source: Dubai Land Department. Updated 10 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,599 sqft
- Floor
- 2nd of 39
- Parking
- B2-066
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 30,700 /yr
- Last sold
- AED 3.4M · February 2014
- Building
- South Ridge Towers 1
About 203, South Ridge Towers 1
203 is a two-bedroom apartment of 1,599 sqft on the 2nd floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 26 February 2014 for AED 3,400,000, or AED 2,126 per sqft, 35% above the AED 1,576 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, signed on 10 June 2026, is AED 133,000 a year: a gross yield of 3.9% on the 2014 price, before the service charge of about AED 30,700 a year.
Sales and rents for 203 over time
203 has sold 4 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 203 sits
All 76 2-beds →203 last sold in February 2014 at AED 2,126 per sqft, 35% above what two-beds in South Ridge Towers 1 were fetching at the time (AED 1,576). 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. 203's AED 133,000 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 2nd floor
All 188 units in South Ridge Towers 1203, South Ridge Towers 1 in numbers
- Sold 4 times: first on 2 July 2012 for AED 1,899,888, last on 26 February 2014 for AED 3,400,000 (AED 2,126 per sqft).
- Rented since January 2015 on 12 Ejari contracts, from AED 170,000 to AED 133,000 a year.
- At AED 133,000 a year the gross yield on the 2014 price is 3.9%, before a service charge of about AED 30,700 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 10 June 2026.
Questions about 203, South Ridge Towers 1
What did unit 203 last sell for?
AED 3,400,000 on 26 February 2014: AED 2,126 per sqft for 1,599 sqft. The unit has 4 registered sales; the first was AED 1,899,888 in July 2012.
What is the rent for unit 203?
AED 133,000 a year on the contract signed on 10 June 2026. The previous contract, from December 2024, was AED 155,000; the unit has been rented since January 2015.
How big is unit 203?
1,599 sqft (148.6 sqm): a two-bedroom apartment on the 2nd floor of a 39-storey tower completed in 2008.
What is unit 203 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 203, South Ridge Towers 1
Starts from the last sale price (AED 3.4M, 26 February 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 3,400,000
- Deposit, UAE resident (20%)
- AED 680,000
- Deposit, non-resident (40%)
- AED 1,360,000
- Monthly over 25 years at 3.7%
- AED 13,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →