3302, South Ridge Towers 1
Sold prices and rental history: sold twice, last in July 2015, 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 3302, South Ridge Towers 1
What is 3302 worth today?
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Source: Dubai Land Department. Updated 23 April 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,102 sqft
- Floor
- 33rd of 39
- Parking
- B1-016 , B1-017
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 40,300 /yr
- Last sold
- AED 5.4M · July 2015
- Building
- South Ridge Towers 1
About 3302, South Ridge Towers 1
3302 is a three-bedroom apartment of 2,102 sqft on the 33rd floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 15 July 2015 for AED 5,400,000, or AED 2,568 per sqft, 11% above the AED 2,319 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 23 April 2024, is AED 330,000 a year: a gross yield of 6.1% on the 2015 price, before the service charge of about AED 40,300 a year.
Sales and rents for 3302 over time
3302 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 3302 sits
All 39 3-beds →3302 last sold in July 2015 at AED 2,568 per sqft, 11% above what three-beds in South Ridge Towers 1 were fetching at the time (AED 2,319). 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. 3302's AED 330,000 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 33rd floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3301 | 2-bed | 1,491 sqft | AED 1.49MAED 1,485,932 · Mar 2009March 2009 | 175,000 /yr | |
| 3303 | 2-bed | 1,635 sqft | AED 3.4MAED 3,400,000 · Mar 2024March 2024 | 210,000 /yr | |
| 3304 | 1-bed | 915 sqft | AED 945KAED 945,492 · Jun 2009June 2009 | 90,000 /yr | |
| 3305 | 1-bed | 1,060 sqft | AED 1.4MAED 1,400,000 · Mar 2022March 2022 | 75,000 /yr |
3302, South Ridge Towers 1 in numbers
- Sold twice: first on 16 March 2010 for AED 2,447,202, last on 15 July 2015 for AED 5,400,000 (AED 2,568 per sqft).
- Rented since July 2013 on 5 Ejari contracts. The rent fell from AED 260,000 to AED 200,000 in 2021 and recovered to AED 330,000 by April 2024.
- At AED 330,000 a year the gross yield on the 2015 price is 6.1%, 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 23 April 2024.
Questions about 3302, South Ridge Towers 1
What did unit 3302 last sell for?
AED 5,400,000 on 15 July 2015: AED 2,568 per sqft for 2,102 sqft. The unit has 2 registered sales; the first was AED 2,447,202 in March 2010.
What is the rent for unit 3302?
AED 330,000 a year on the contract signed on 23 April 2024. The previous contract, from July 2023, was AED 240,000; the unit has been rented since July 2013.
How big is unit 3302?
2,102 sqft (195.3 sqm): a three-bedroom apartment on the 33rd floor of a 39-storey tower completed in 2008.
What is unit 3302 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 3302, South Ridge Towers 1
Starts from the last sale price (AED 5.4M, 15 July 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 5,400,000
- Deposit, UAE resident (20%)
- AED 1,080,000
- Deposit, non-resident (40%)
- AED 2,160,000
- Monthly over 25 years at 3.7%
- AED 22,093
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →