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2-bed · 1,635 sqftSouth Ridge Towers 1, Downtown Dubai · 29th floor · completed 2008

2903, South Ridge Towers 1

Sold prices and rental history: sold once, by the developer in June 2010, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2903 · DLD and Ejari recordsUpdated 24 June 2010
Last soldAED 4.23M24 June 2010
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2903, South Ridge Towers 1

What is 2903 worth today?

Last sold for AED 4,234,888 in 2010

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24 Jun 2010Sold by developerReady
AED 4,234,888AED 2,590 per sqft

Source: Dubai Land Department. Updated 24 June 2010.

Key facts

Type
2-bed apartment
Size
1,635 sqft
Floor
29th of 39
Parking
L1-09
Developer
Emaar
Completed
2008
Service charge
AED 31,300 /yr
Last sold
AED 4.23M · June 2010
Building
South Ridge Towers 1

About 2903, South Ridge Towers 1

2903 is a two-bedroom apartment of 1,635 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 24 June 2010 for AED 4,234,888, or AED 2,590 per sqft, 130% above the AED 1,126 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2903 over time

Sales
Unit 2903, each saleTypical two-bed in South Ridge Towers 1
2M4M2008201320182023Typical 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, June 2010: AED 4,234,888 (AED 2,590 per sqft)

2903 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2903, each contractTypical two-bed in South Ridge Towers 1
150K2012201620202024Typical 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 170,000

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 2903 sits

All 76 2-beds →

2903 last sold in June 2010 at AED 2,590 per sqft, 130% above what two-beds in South Ridge Towers 1 were fetching at the time (AED 1,126). 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.

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 29th floor

All 188 units in South Ridge Towers 1
Value
29012-bedAED 704K · Oct 2015
29023-bedAED 3M · Jul 2019
29041-bedAED 1.02M · Dec 2011
29051-bedAED 2M · Apr 2025

2903, South Ridge Towers 1 in numbers

  • Sold once: by Emaar on 24 June 2010 for AED 4,234,888, or AED 2,590 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 24 June 2010.

Questions about 2903, South Ridge Towers 1

What did unit 2903 last sell for?

AED 4,234,888 on 24 June 2010, sold by the developer: AED 2,590 per sqft for 1,635 sqft. It is the only registered sale of the unit.

How big is unit 2903?

1,635 sqft (151.9 sqm): a two-bedroom apartment on the 29th floor of a 39-storey tower completed in 2008.

What is unit 2903 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 2903, South Ridge Towers 1

Starts from the last sale price (AED 4.23M, 24 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 4,234,888
Deposit, UAE resident (20%)
AED 846,978
Deposit, non-resident (40%)
AED 1,693,955
Monthly over 25 years at 3.7%
AED 17,326

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