3-bed · 2,108 sqftSouth Ridge Towers 1, Downtown Dubai · 3rd floor · completed 2008

302, South Ridge Towers 1

Sold prices and rental history: sold 3 times, last in June 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 20 June 2026
Last soldAED 3M22 June 2022
Current rentAED 230K /yr20 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, South Ridge Towers 1

What is 302 worth today?

Last sold for AED 3,000,000 in 2022

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20 Jun 2026RentedNew contract
AED 230,000/yr7 months · AED 109 per sqft
20 May 2026RentedRenewal
AED 201,249/yr8 months · AED 95 per sqft
20 Nov 2025RentedRenewal
AED 250,000/yr6 months · AED 119 per sqft
20 May 2025RentedRenewal
AED 250,000/yr6 months · AED 119 per sqft
20 May 2025RentedRenewal
AED 250,000/yr6 months · AED 119 per sqft
20 Nov 2024RentedRenewal
AED 250,000/yr6 months · AED 119 per sqft
20 Nov 2023RentedNew contract
AED 240,000/yr12 months · AED 114 per sqft
15 Nov 2022RentedNew contract
AED 230,000/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 20 June 2026.

Key facts

Type
3-bed apartment
Size
2,108 sqft
Floor
3rd of 39
Parking
L1-042 , L1-043
Developer
Emaar
Completed
2008
Service charge
AED 40,400 /yr
Last sold
AED 3M · June 2022

About 302, South Ridge Towers 1

302 is a three-bedroom apartment of 2,108 sqft on the 3rd floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 22 June 2022 for AED 3,000,000, or AED 1,423 per sqft, in line with the AED 1,434 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 20 June 2026, is AED 230,000 a year: a gross yield of 7.7% on the 2022 price, before the service charge of about AED 40,400 a year.

Sales and rents for 302 over time

Sales
Unit 302, 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, December 2012: AED 3,475,888 (AED 1,648 per sqft)Sold, October 2013: AED 4,060,000 (AED 1,925 per sqft)Sold, June 2022: AED 3,000,000 (AED 1,423 per sqft)

302 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 302, each contractTypical three-bed in South Ridge Towers 1
200K2012201620202024Typical 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 225,000New contract, June 2013: AED 124,274 a yearNew contract, November 2022: AED 230,000 a yearNew contract, November 2023: AED 240,000 a yearRenewal, November 2024: AED 250,000 a yearRenewal, May 2025: AED 250,000 a yearRenewal, May 2025: AED 250,000 a yearRenewal, November 2025: AED 250,000 a yearRenewal, May 2026: AED 201,249 a yearNew contract, June 2026: AED 230,000 a year

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 302 sits

All 39 3-beds →

302 last sold in June 2022 at AED 1,423 per sqft, in line with what three-beds in South Ridge Towers 1 were fetching at the time (AED 1,434). 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. 302's AED 230,000 is in the upper half of that range.

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 3rd floor

All 188 units in South Ridge Towers 1
Value
3012-bedAED 3.05M · Mar 2026
3032-bedAED 2.8M · Nov 2022
3041-bedAED 774K · Aug 2011
3051-bedAED 822K · Feb 2011

302, South Ridge Towers 1 in numbers

  • Sold 3 times: first on 27 December 2012 for AED 3,475,888, last on 22 June 2022 for AED 3,000,000 (AED 1,423 per sqft).
  • Rented since June 2013 on 9 Ejari contracts, from AED 124,274 to AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2022 price is 7.7%, before a service charge of about AED 40,400 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 20 June 2026.

Questions about 302, South Ridge Towers 1

What did unit 302 last sell for?

AED 3,000,000 on 22 June 2022: AED 1,423 per sqft for 2,108 sqft. The unit has 3 registered sales; the first was AED 3,475,888 in December 2012.

What is the rent for unit 302?

AED 230,000 a year on the contract signed on 20 June 2026. The previous contract, from May 2026, was AED 201,249; the unit has been rented since June 2013.

How big is unit 302?

2,108 sqft (195.8 sqm): a three-bedroom apartment on the 3rd floor of a 39-storey tower completed in 2008.

What is unit 302 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 302, South Ridge Towers 1

Starts from the last sale price (AED 3M, 22 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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