2401, South Ridge Towers 1
Sold prices and rental history: sold 5 times, last in December 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2401, South Ridge Towers 1
What is 2401 worth today?
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Source: Dubai Land Department. Updated 18 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,491 sqft
- Floor
- 24th of 39
- Parking
- B1-077
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 28,600 /yr
- Last sold
- AED 2.88M · December 2024
- Building
- South Ridge Towers 1
About 2401, South Ridge Towers 1
2401 is a two-bedroom apartment of 1,491 sqft on the 24th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 18 December 2024 for AED 2,880,000, or AED 1,931 per sqft, in line with the AED 1,931 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 18 January 2026, is AED 175,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 28,600 a year.
Sales and rents for 2401 over time
2401 has sold 5 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 2401 sits
All 76 2-beds →2401 last sold in December 2024 at AED 1,931 per sqft, in line with what two-beds in South Ridge Towers 1 were fetching at the time (AED 1,931). 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. 2401's AED 175,000 is in the lower half 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 24th floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2402 | 3-bed | 2,102 sqft | AED 4.7MAED 4,700,000 · Jun 2024June 2024 | 262,500 /yr | |
| 2403 | 2-bed | 1,635 sqft | AED 1.92MAED 1,915,500 · Oct 2010October 2010 | 180,000 /yr | |
| 2404 | 1-bed | 915 sqft | AED 1.3MAED 1,300,000 · Mar 2018March 2018 | 90,000 /yr | |
| 2405 | 1-bed | 1,060 sqft | AED 1.08MAED 1,075,000 · Feb 2021February 2021 | 95,000 /yr |
2401, South Ridge Towers 1 in numbers
- Sold 5 times: first on 28 April 2011 for AED 683,444, last on 18 December 2024 for AED 2,880,000 (AED 1,931 per sqft).
- Rented since October 2012 on 13 Ejari contracts. The rent fell from AED 125,000 to AED 105,000 in 2020 and recovered to AED 175,000 by January 2026.
- At AED 175,000 a year the gross yield on the 2024 price is 6.1%, 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 18 January 2026.
Questions about 2401, South Ridge Towers 1
What did unit 2401 last sell for?
AED 2,880,000 on 18 December 2024: AED 1,931 per sqft for 1,491 sqft. The unit has 5 registered sales; the first was AED 683,444 in April 2011.
What is the rent for unit 2401?
AED 175,000 a year on the contract renewed on 18 January 2026. The previous contract, from January 2025, was AED 175,000; the unit has been rented since October 2012.
How big is unit 2401?
1,491 sqft (138.5 sqm): a two-bedroom apartment on the 24th floor of a 39-storey tower completed in 2008.
What is unit 2401 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 2401, South Ridge Towers 1
Starts from the last sale price (AED 2.88M, 18 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,880,000
- Deposit, UAE resident (20%)
- AED 576,000
- Deposit, non-resident (40%)
- AED 1,152,000
- Monthly over 25 years at 3.7%
- AED 11,783
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →