2-bed · 1,635 sqftSouth Ridge Towers 1, Downtown Dubai · 23rd floor · completed 2008

2303, South Ridge Towers 1

Sold prices and rental history: sold 5 times, last in April 2026, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2303 · DLD and Ejari recordsUpdated 24 April 2026
Last soldAED 4.15M24 April 2026
Current rentAED 122K /yr5 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2303, South Ridge Towers 1

What is 2303 worth today?

Last sold for AED 4,150,000 in 2026

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24 Apr 2026SoldReady
AED 4,150,000AED 2,538 per sqft
19 Dec 2023SoldReady
AED 3,845,000AED 2,351 per sqft
19 Dec 2022SoldReady
AED 2,920,000AED 1,785 per sqft
5 Feb 2022RentedRenewal
AED 122,400/yr12 months · AED 75 per sqft
5 Aug 2021RentedRenewal
AED 125,000/yr6 months · AED 76 per sqft
5 Feb 2021RentedRenewal
AED 125,000/yr6 months · AED 76 per sqft
5 Feb 2020RentedNew contract
AED 128,000/yr12 months · AED 78 per sqft
2 Feb 2019RentedNew contract
AED 135,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 24 April 2026.

Key facts

Type
2-bed apartment
Size
1,635 sqft
Floor
23rd of 39
Parking
B2-016
Developer
Emaar
Completed
2008
Service charge
AED 31,300 /yr
Last sold
AED 4.15M · April 2026

About 2303, South Ridge Towers 1

2303 is a two-bedroom apartment of 1,635 sqft on the 23rd floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 24 April 2026 for AED 4,150,000, or AED 2,538 per sqft, 20% above the AED 2,114 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 5 February 2022, is AED 122,400 a year: a gross yield of 2.9% on the 2026 price, before the service charge of about AED 31,300 a year.

Sales and rents for 2303 over time

Sales
Unit 2303, each saleTypical two-bed in South Ridge Towers 1
2M4M2008201320182023Typical 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, November 2008: AED 1,913,888 (AED 1,170 per sqft)Sold, May 2016: AED 3,350,000 (AED 2,048 per sqft)Sold, December 2022: AED 2,920,000 (AED 1,785 per sqft)Sold, December 2023: AED 3,845,000 (AED 2,351 per sqft)Sold, April 2026: AED 4,150,000 (AED 2,538 per sqft)

2303 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2303, each contractTypical two-bed in South Ridge Towers 1
150K2012201620202024Typical 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, June 2012: AED 130,000 a yearNew contract, October 2013: AED 170,000 a yearNew contract, October 2014: AED 170,000 a yearNew contract, November 2015: AED 185,000 a yearNew contract, November 2016: AED 180,000 a yearRenewal, November 2017: AED 175,000 a yearNew contract, February 2019: AED 135,000 a yearNew contract, February 2020: AED 128,000 a yearRenewal, February 2021: AED 125,000 a yearRenewal, August 2021: AED 125,000 a yearRenewal, February 2022: AED 122,400 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 2303 sits

All 76 2-beds →

2303 last sold in April 2026 at AED 2,538 per sqft, 20% above what two-beds in South Ridge Towers 1 were fetching at the time (AED 2,114). 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. 2303's AED 122,400 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Jul 20263,025,000
15 Apr 20263,250,000
11 Mar 20263,050,000
28 Nov 20253,800,000
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 23rd floor

All 188 units in South Ridge Towers 1
Value
23012-bedAED 2.6M · Oct 2015
23023-bedAED 4.25M · Jul 2023
23041-bedAED 904K · Oct 2011
23051-bedAED 2.05M · Sep 2014

2303, South Ridge Towers 1 in numbers

  • Sold 5 times: first on 4 November 2008 for AED 1,913,888, last on 24 April 2026 for AED 4,150,000 (AED 2,538 per sqft).
  • Rented since June 2012 on 11 Ejari contracts, from AED 130,000 to AED 122,400 a year.
  • At AED 122,400 a year the gross yield on the 2026 price is 2.9%, 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 24 April 2026.

Questions about 2303, South Ridge Towers 1

What did unit 2303 last sell for?

AED 4,150,000 on 24 April 2026: AED 2,538 per sqft for 1,635 sqft. The unit has 5 registered sales; the first was AED 1,913,888 in November 2008.

What is the rent for unit 2303?

AED 122,400 a year on the contract renewed on 5 February 2022. The previous contract, from August 2021, was AED 125,000; the unit has been rented since June 2012.

How big is unit 2303?

1,635 sqft (151.9 sqm): a two-bedroom apartment on the 23rd floor of a 39-storey tower completed in 2008.

What is unit 2303 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 2303, South Ridge Towers 1

Starts from the last sale price (AED 4.15M, 24 April 2026). Switch to today's estimate once you have unlocked it.
Price
AED 4,150,000
Deposit, UAE resident (20%)
AED 830,000
Deposit, non-resident (40%)
AED 1,660,000
Monthly over 25 years at 3.7%
AED 16,979

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