3002, South Ridge Towers 1
Sold prices and rental history: sold twice, last in April 2019, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3002, South Ridge Towers 1
What is 3002 worth today?
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Source: Dubai Land Department. Updated 25 March 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 2,102 sqft
- Floor
- 30th of 39
- Parking
- B1-011 , B1-012
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 40,300 /yr
- Last sold
- AED 1.45M · April 2019
- Building
- South Ridge Towers 1
About 3002, South Ridge Towers 1
3002 is a three-bedroom apartment of 2,102 sqft on the 30th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 9 April 2019 for AED 1,450,000, or AED 689 per sqft, 50% below the AED 1,379 three-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, renewed on 25 March 2026, is AED 270,000 a year: a gross yield of 18.6% on the 2019 price, before the service charge of about AED 40,300 a year.
Sales and rents for 3002 over time
3002 has sold twice; the dashed line is the three-bed median of each year in the building.
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 3002 sits
All 39 3-beds →3002 last sold in April 2019 at AED 689 per sqft, 50% below what three-beds in South Ridge Towers 1 were fetching at the time (AED 1,379). 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. 3002's AED 270,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Oct 202612 October 2026 | 2,102 sqft | 6,130,000 | 2,916 | ||
| 17 Aug 202617 August 2026 | 2,102 sqft | 5,350,000 | 2,545 | ||
| 11 Jun 202611 June 2026 | 1,974 sqft | 3,516,934 | 1,781 | ||
| 11 Sep 202511 September 2025 | 2,102 sqft | 4,950,000 | 2,354 |
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 30th floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3001 | 2-bed | 1,491 sqft | AED 2.85MAED 2,850,000 · May 2025May 2025 | 121,500 /yr | |
| 3003 | 2-bed | 1,635 sqft | AED 3.15MAED 3,150,000 · Jul 2023July 2023 | 175,000 /yr | |
| 3004 | 1-bed | 915 sqft | AED 1.05MAED 1,050,000 · Dec 2019December 2019 | 120,000 /yr | |
| 3005 | 1-bed | 1,060 sqft | AED 1.79MAED 1,785,000 · May 2015May 2015 | 73,000 /yr |
3002, South Ridge Towers 1 in numbers
- Sold twice: first on 25 March 2010 for AED 2,409,888, last on 9 April 2019 for AED 1,450,000 (AED 689 per sqft).
- Rented since April 2016 on 11 Ejari contracts. The rent fell from AED 260,000 to AED 10,000 in 2021 and recovered to AED 270,000 by March 2026.
- At AED 270,000 a year the gross yield on the 2019 price is 18.6%, before a service charge of about AED 40,300 a year (AED 19.17 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 25 March 2026.
Questions about 3002, South Ridge Towers 1
What did unit 3002 last sell for?
AED 1,450,000 on 9 April 2019: AED 689 per sqft for 2,102 sqft. The unit has 2 registered sales; the first was AED 2,409,888 in March 2010.
What is the rent for unit 3002?
AED 270,000 a year on the contract renewed on 25 March 2026. The previous contract, from December 2025, was AED 280,000; the unit has been rented since April 2016.
How big is unit 3002?
2,102 sqft (195.3 sqm): a three-bedroom apartment on the 30th floor of a 39-storey tower completed in 2008.
What is unit 3002 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 3002, South Ridge Towers 1
Starts from the last sale price (AED 1.45M, 9 April 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →