3-bed · 2,102 sqftSouth Ridge Towers 1, Downtown Dubai · 32nd floor · completed 2008

3202, South Ridge Towers 1

Sold prices and rental history: sold once, by the developer in December 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3202 · DLD and Ejari recordsUpdated 19 August 2026
Last soldAED 2.27M29 December 2009
Current rentAED 220K /yr19 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3202, South Ridge Towers 1

What is 3202 worth today?

Last sold for AED 2,268,373 in 2009

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19 Aug 2026RentedRenewal
AED 220,000/yr12 months · AED 105 per sqft
19 Aug 2025RentedRenewal
AED 220,000/yr12 months · AED 105 per sqft
19 Aug 2024RentedNew contract
AED 220,000/yr12 months · AED 105 per sqft
1 Aug 2021RentedNew contract
AED 175,000/yr12 months · AED 83 per sqft
30 Nov 2018RentedRenewal
AED 250,000/yr36 months · AED 119 per sqft
30 Nov 2015RentedNew contract
AED 260,000/yr36 months · AED 124 per sqft
29 Dec 2009Sold by developerReady
AED 2,268,373AED 1,079 per sqft

Source: Dubai Land Department. Updated 19 August 2026.

Key facts

Type
3-bed apartment
Size
2,102 sqft
Floor
32nd of 39
Parking
B1-059 , B1-060
Developer
Emaar
Completed
2008
Service charge
AED 40,300 /yr
Last sold
AED 2.27M · December 2009

About 3202, South Ridge Towers 1

3202 is a three-bedroom apartment of 2,102 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 29 December 2009 for AED 2,268,373, or AED 1,079 per sqft, 16% below the AED 1,286 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 19 August 2026, is AED 220,000 a year: a gross yield of 9.7% on the 2009 price, before the service charge of about AED 40,300 a year.

Sales and rents for 3202 over time

Sales
Unit 3202, 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 2009: AED 2,268,373 (AED 1,079 per sqft)

3202 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3202, each contractTypical three-bed in South Ridge Towers 1
150K200K250K2012201620202024Typical 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, November 2015: AED 260,000 a yearRenewal, November 2018: AED 250,000 a yearNew contract, August 2021: AED 175,000 a yearNew contract, August 2024: AED 220,000 a yearRenewal, August 2025: AED 220,000 a yearRenewal, August 2026: AED 220,000 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 3202 sits

All 39 3-beds →

3202 last sold in December 2009 at AED 1,079 per sqft, 16% below what three-beds in South Ridge Towers 1 were fetching at the time (AED 1,286). 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. 3202's AED 220,000 is in the lower 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 32nd floor

All 188 units in South Ridge Towers 1
Value
32012-bedAED 1.48M · Mar 2009
32032-bedAED 2.93M · Feb 2018
32041-bedAED 1.78M · May 2025
32051-bedAED 1.43M · Jan 2013

3202, South Ridge Towers 1 in numbers

  • Sold once: by Emaar on 29 December 2009 for AED 2,268,373, or AED 1,079 per sqft.
  • Rented since November 2015 on 6 Ejari contracts. The rent fell from AED 260,000 to AED 175,000 in 2021 and recovered to AED 220,000 by August 2026.
  • At AED 220,000 a year the gross yield on the 2009 price is 9.7%, 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 19 August 2026.

Questions about 3202, South Ridge Towers 1

What did unit 3202 last sell for?

AED 2,268,373 on 29 December 2009, sold by the developer: AED 1,079 per sqft for 2,102 sqft. It is the only registered sale of the unit.

What is the rent for unit 3202?

AED 220,000 a year on the contract renewed on 19 August 2026. The previous contract, from August 2025, was AED 220,000; the unit has been rented since November 2015.

How big is unit 3202?

2,102 sqft (195.3 sqm): a three-bedroom apartment on the 32nd floor of a 39-storey tower completed in 2008.

What is unit 3202 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 3202, South Ridge Towers 1

Starts from the last sale price (AED 2.27M, 29 December 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,268,373
Deposit, UAE resident (20%)
AED 453,675
Deposit, non-resident (40%)
AED 907,349
Monthly over 25 years at 3.7%
AED 9,281

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