3201, South Ridge Towers 1
Sold prices and rental history: sold once, by the developer in March 2009, 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 3201, South Ridge Towers 1
What is 3201 worth today?
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Source: Dubai Land Department. Updated 4 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,491 sqft
- Floor
- 32nd of 39
- Parking
- B2-049
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 28,600 /yr
- Last sold
- AED 1.48M · March 2009
- Building
- South Ridge Towers 1
About 3201, South Ridge Towers 1
3201 is a two-bedroom apartment of 1,491 sqft on the 32nd floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 18 March 2009 for AED 1,476,232, or AED 990 per sqft, in line with the AED 990 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 4 April 2025, is AED 165,000 a year: a gross yield of 11.2% on the 2009 price, before the service charge of about AED 28,600 a year.
Sales and rents for 3201 over time
3201 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 3201 sits
All 76 2-beds →3201 last sold in March 2009 at AED 990 per sqft, in line with what two-beds in South Ridge Towers 1 were fetching at the time (AED 990). 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. 3201'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 32nd floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3202 | 3-bed | 2,102 sqft | AED 2.27MAED 2,268,373 · Dec 2009December 2009 | 220,000 /yr | |
| 3203 | 2-bed | 1,635 sqft | AED 2.93MAED 2,925,000 · Feb 2018February 2018 | 240,000 /yr | |
| 3204 | 1-bed | 915 sqft | AED 1.78MAED 1,775,000 · May 2025May 2025 | 120,000 /yr | |
| 3205 | 1-bed | 1,060 sqft | AED 1.43MAED 1,425,000 · Jan 2013January 2013 | 110,000 /yr |
3201, South Ridge Towers 1 in numbers
- Sold once: by Emaar on 18 March 2009 for AED 1,476,232, or AED 990 per sqft.
- Rented since March 2013 on 12 Ejari contracts. The rent fell from AED 140,000 to AED 105,000 in 2021 and recovered to AED 165,000 by April 2025.
- At AED 165,000 a year the gross yield on the 2009 price is 11.2%, 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 4 April 2025.
Questions about 3201, South Ridge Towers 1
What did unit 3201 last sell for?
AED 1,476,232 on 18 March 2009, sold by the developer: AED 990 per sqft for 1,491 sqft. It is the only registered sale of the unit.
What is the rent for unit 3201?
AED 165,000 a year on the contract renewed on 4 April 2025. The previous contract, from April 2025, was AED 165,000; the unit has been rented since March 2013.
How big is unit 3201?
1,491 sqft (138.5 sqm): a two-bedroom apartment on the 32nd floor of a 39-storey tower completed in 2008.
What is unit 3201 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 3201, South Ridge Towers 1
Starts from the last sale price (AED 1.48M, 18 March 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,476,232
- Deposit, UAE resident (20%)
- AED 295,246
- Deposit, non-resident (40%)
- AED 590,493
- Monthly over 25 years at 3.7%
- AED 6,040
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →