2901, South Ridge Towers 1
Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2901, South Ridge Towers 1
What is 2901 worth today?
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Source: Dubai Land Department. Updated 10 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,491 sqft
- Floor
- 29th of 39
- Parking
- B1-080
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 28,600 /yr
- Last sold
- AED 704K · October 2015
- Building
- South Ridge Towers 1
About 2901, South Ridge Towers 1
2901 is a two-bedroom apartment of 1,491 sqft on the 29th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 5 October 2015 for AED 703,944, or AED 472 per sqft, 76% below the AED 1,978 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 10 January 2026, is AED 165,000 a year: a gross yield of 23.4% on the 2015 price, before the service charge of about AED 28,600 a year.
Sales and rents for 2901 over time
2901 has sold once; 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 2901 sits
All 76 2-beds →2901 last sold in October 2015 at AED 472 per sqft, 76% below what two-beds in South Ridge Towers 1 were fetching at the time (AED 1,978). 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. 2901's AED 165,000 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 29th floor
All 188 units in South Ridge Towers 12901, South Ridge Towers 1 in numbers
- Sold once: by Emaar on 5 October 2015 for AED 703,944, or AED 472 per sqft.
- Rented since May 2013 on 11 Ejari contracts. The rent fell from AED 115,000 to AED 92,000 in 2021 and recovered to AED 165,000 by January 2026.
- At AED 165,000 a year the gross yield on the 2015 price is 23.4%, 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 10 January 2026.
Questions about 2901, South Ridge Towers 1
What did unit 2901 last sell for?
AED 703,944 on 5 October 2015, sold by the developer: AED 472 per sqft for 1,491 sqft. It is the only registered sale of the unit.
What is the rent for unit 2901?
AED 165,000 a year on the contract signed on 10 January 2026. The previous contract, from January 2025, was AED 165,000; the unit has been rented since May 2013.
How big is unit 2901?
1,491 sqft (138.5 sqm): a two-bedroom apartment on the 29th floor of a 39-storey tower completed in 2008.
What is unit 2901 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 2901, South Ridge Towers 1
Starts from the last sale price (AED 704K, 5 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 703,944
- Deposit, UAE resident (20%)
- AED 140,789
- Deposit, non-resident (40%)
- AED 281,578
- Monthly over 25 years at 3.7%
- AED 2,880
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →