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3-bed · 2,102 sqftSouth Ridge Towers 1, Downtown Dubai · 28th floor · completed 2008

2802, South Ridge Towers 1

Sold prices and rental history: sold twice, last in April 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2802 · DLD and Ejari recordsUpdated 12 April 2018
Last soldAED 3.5M12 April 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2802, South Ridge Towers 1

What is 2802 worth today?

Last sold for AED 3,500,000 in 2018

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12 Apr 2018SoldReady
AED 3,500,000AED 1,665 per sqft
18 Jan 2011Sold by developerReady
AED 2,984,888AED 1,420 per sqft

Source: Dubai Land Department. Updated 12 April 2018.

Key facts

Type
3-bed apartment
Size
2,102 sqft
Floor
28th of 39
Parking
B1-093 , B1-094
Developer
Emaar
Completed
2008
Service charge
AED 40,300 /yr
Last sold
AED 3.5M · April 2018
Building
South Ridge Towers 1

About 2802, South Ridge Towers 1

2802 is a three-bedroom apartment of 2,102 sqft on the 28th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 12 April 2018 for AED 3,500,000, or AED 1,665 per sqft, 5% below the AED 1,760 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2802 over time

Sales
Unit 2802, each saleTypical three-bed in South Ridge Towers 1
2M4M2009201420192024Typical sale price by year: 2009 AED 2,704,000; 2010 AED 2,503,170; 2011 AED 2,284,888; 2012 AED 3,160,000; 2013 AED 4,030,000; 2015 AED 4,875,000; 2019 AED 2,225,186; 2021 AED 3,000,000; 2022 AED 3,325,000; 2023 AED 3,950,000; 2024 AED 4,800,000; 2025 AED 4,950,000; 2026 AED 5,350,000Sold by developer, January 2011: AED 2,984,888 (AED 1,420 per sqft)Sold, April 2018: AED 3,500,000 (AED 1,665 per sqft)

2802 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2802, each contractTypical three-bed in South Ridge Towers 1
150K200K250K2012201620202024Typical rent by year: 2012 AED 190,000; 2013 AED 220,000; 2014 AED 232,500; 2015 AED 245,000; 2016 AED 239,842; 2017 AED 220,000; 2018 AED 192,500; 2019 AED 167,500; 2020 AED 156,250; 2021 AED 175,000; 2022 AED 199,464; 2023 AED 240,000; 2024 AED 245,000; 2025 AED 250,000; 2026 AED 225,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in South Ridge Towers 1, and where 2802 sits

All 39 3-beds →

2802 last sold in April 2018 at AED 1,665 per sqft, 5% below what three-beds in South Ridge Towers 1 were fetching at the time (AED 1,760). Over the last 12 months three-beds sold for AED 3,516,934 to 6,130,000, around AED 2,545 per sqft, and rent for AED 110,000 to 350,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
12 Oct 20266,130,000
17 Aug 20265,350,000
11 Jun 20263,516,934
11 Sep 20254,950,000
3 3-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 28th floor

All 188 units in South Ridge Towers 1
Value
28012-bedAED 2M · May 2012
28032-bedAED 3.83M · Sep 2025
28041-bedAED 1.16M · Mar 2022
28051-bedAED 1.8M · May 2025

2802, South Ridge Towers 1 in numbers

  • Sold twice: first on 18 January 2011 for AED 2,984,888, last on 12 April 2018 for AED 3,500,000 (AED 1,665 per sqft).
  • Three-beds in South Ridge Towers 1 sold for AED 3,516,934–6,130,000 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 12 April 2018.

Questions about 2802, South Ridge Towers 1

What did unit 2802 last sell for?

AED 3,500,000 on 12 April 2018: AED 1,665 per sqft for 2,102 sqft. The unit has 2 registered sales; the first was AED 2,984,888 in January 2011.

How big is unit 2802?

2,102 sqft (195.3 sqm): a three-bedroom apartment on the 28th floor of a 39-storey tower completed in 2008.

What is unit 2802 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in South Ridge Towers 1 sold for AED 3,516,934 to 6,130,000 in the last 12 months, around AED 2,545 per sqft.

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Mortgage on 2802, South Ridge Towers 1

Starts from the last sale price (AED 3.5M, 12 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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