2-bed · 1,635 sqftSouth Ridge Towers 1, Downtown Dubai · 26th floor · completed 2008

2603, South Ridge Towers 1

Sold prices and rental history: sold 4 times, last in September 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2603 · DLD and Ejari recordsUpdated 23 December 2025
Last soldAED 2.7M29 September 2021
Current rentAED 230K /yr23 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2603, South Ridge Towers 1

What is 2603 worth today?

Last sold for AED 2,700,000 in 2021

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23 Dec 2025RentedNew contract
AED 230,000/yr12 months · AED 141 per sqft
29 Sep 2021SoldReady
AED 2,700,000AED 1,651 per sqft
1 Sep 2020RentedRenewal
AED 120,000/yr12 months · AED 74 per sqft
1 Sep 2019RentedRenewal
AED 140,000/yr12 months · AED 86 per sqft
1 Sep 2018RentedNew contract
AED 160,000/yr12 months · AED 98 per sqft
4 May 2017SoldReady
AED 3,175,000AED 1,941 per sqft
15 Nov 2016RentedRenewal
AED 175,000/yr12 months · AED 107 per sqft
15 Nov 2015RentedRenewal
AED 180,000/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 23 December 2025.

Key facts

Type
2-bed apartment
Size
1,635 sqft
Floor
26th of 39
Parking
B1-089
Developer
Emaar
Completed
2008
Service charge
AED 31,300 /yr
Last sold
AED 2.7M · September 2021

About 2603, South Ridge Towers 1

2603 is a two-bedroom apartment of 1,635 sqft on the 26th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 29 September 2021 for AED 2,700,000, or AED 1,651 per sqft, 42% above the AED 1,166 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 23 December 2025, is AED 230,000 a year: a gross yield of 8.5% on the 2021 price, before the service charge of about AED 31,300 a year.

Sales and rents for 2603 over time

Sales
Unit 2603, each saleTypical two-bed in South Ridge Towers 1
2M3M2008201320182023Typical 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, July 2010: AED 1,975,000 (AED 1,207 per sqft)Sold, July 2010: AED 2,110,888 (AED 1,291 per sqft)Sold, May 2017: AED 3,175,000 (AED 1,941 per sqft)Sold, September 2021: AED 2,700,000 (AED 1,651 per sqft)

2603 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2603, each contractTypical two-bed in South Ridge Towers 1
100K200K2012201620202024Typical 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, September 2012: AED 135,000 a yearNew contract, September 2013: AED 150,000 a yearNew contract, November 2014: AED 180,000 a yearRenewal, November 2015: AED 180,000 a yearRenewal, November 2016: AED 175,000 a yearNew contract, September 2018: AED 160,000 a yearRenewal, September 2019: AED 140,000 a yearRenewal, September 2020: AED 120,000 a yearNew contract, December 2025: AED 230,000 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 2603 sits

All 76 2-beds →

2603 last sold in September 2021 at AED 1,651 per sqft, 42% above what two-beds in South Ridge Towers 1 were fetching at the time (AED 1,166). 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. 2603's AED 230,000 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 26th floor

All 188 units in South Ridge Towers 1
Value
26012-bedAED 2.4M · Dec 2017
26023-bedAED 5.55M · May 2015
26041-bedAED 1.2M · Feb 2022
26051-bedAED 1M · Mar 2011

2603, South Ridge Towers 1 in numbers

  • Sold 4 times: first on 6 July 2010 for AED 2,110,888, last on 29 September 2021 for AED 2,700,000 (AED 1,651 per sqft).
  • Rented since September 2012 on 9 Ejari contracts. The rent fell from AED 135,000 to AED 120,000 in 2020 and recovered to AED 230,000 by December 2025.
  • At AED 230,000 a year the gross yield on the 2021 price is 8.5%, 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 23 December 2025.

Questions about 2603, South Ridge Towers 1

What did unit 2603 last sell for?

AED 2,700,000 on 29 September 2021: AED 1,651 per sqft for 1,635 sqft. The unit has 4 registered sales; the first was AED 2,110,888 in July 2010.

What is the rent for unit 2603?

AED 230,000 a year on the contract signed on 23 December 2025. The previous contract, from September 2020, was AED 120,000; the unit has been rented since September 2012.

How big is unit 2603?

1,635 sqft (151.9 sqm): a two-bedroom apartment on the 26th floor of a 39-storey tower completed in 2008.

What is unit 2603 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 2603, South Ridge Towers 1

Starts from the last sale price (AED 2.7M, 29 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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