2403, South Ridge Towers 1
Sold prices and rental history: sold twice, last in October 2010, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2403, South Ridge Towers 1
What is 2403 worth today?
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Source: Dubai Land Department. Updated 25 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,635 sqft
- Floor
- 24th of 39
- Parking
- B1-049
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 31,300 /yr
- Last sold
- AED 1.92M · October 2010
- Building
- South Ridge Towers 1
About 2403, South Ridge Towers 1
2403 is a two-bedroom apartment of 1,635 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 7 October 2010 for AED 1,915,500, or AED 1,171 per sqft, in line with the AED 1,171 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 11 Ejari contracts. The current contract, renewed on 25 January 2026, is AED 180,000 a year: a gross yield of 9.4% on the 2010 price, before the service charge of about AED 31,300 a year.
Sales and rents for 2403 over time
2403 has sold twice; 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 2403 sits
All 76 2-beds →2403 last sold in October 2010 at AED 1,171 per sqft, in line with what two-beds in South Ridge Towers 1 were fetching at the time (AED 1,171). 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. 2403's AED 180,000 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 | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 1,491 sqft | AED 2.88MAED 2,880,000 · Dec 2024December 2024 | 175,000 /yr | |
| 2402 | 3-bed | 2,102 sqft | AED 4.7MAED 4,700,000 · Jun 2024June 2024 | 262,500 /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 |
2403, South Ridge Towers 1 in numbers
- Sold twice: first on 4 August 2010 for AED 1,012,444, last on 7 October 2010 for AED 1,915,500 (AED 1,171 per sqft).
- Rented since January 2018 on 11 Ejari contracts. The rent fell from AED 165,000 to AED 110,000 in 2020 and recovered to AED 180,000 by January 2026.
- At AED 180,000 a year the gross yield on the 2010 price is 9.4%, 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 25 January 2026.
Questions about 2403, South Ridge Towers 1
What did unit 2403 last sell for?
AED 1,915,500 on 7 October 2010: AED 1,171 per sqft for 1,635 sqft. The unit has 2 registered sales; the first was AED 1,012,444 in August 2010.
What is the rent for unit 2403?
AED 180,000 a year on the contract renewed on 25 January 2026. The previous contract, from January 2025, was AED 180,000; the unit has been rented since January 2018.
How big is unit 2403?
1,635 sqft (151.9 sqm): a two-bedroom apartment on the 24th floor of a 39-storey tower completed in 2008.
What is unit 2403 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 2403, South Ridge Towers 1
Starts from the last sale price (AED 1.92M, 7 October 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,915,500
- Deposit, UAE resident (20%)
- AED 383,100
- Deposit, non-resident (40%)
- AED 766,200
- Monthly over 25 years at 3.7%
- AED 7,837
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →