2-bed · 1,635 sqftSouth Ridge Towers 1, Downtown Dubai · 33rd floor · completed 2008

3303, South Ridge Towers 1

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3303 · DLD and Ejari recordsUpdated 28 March 2024
Last soldAED 3.4M28 March 2024
Current rentAED 210K /yr14 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3303, South Ridge Towers 1

What is 3303 worth today?

Last sold for AED 3,400,000 in 2024

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28 Mar 2024SoldReady
AED 3,400,000AED 2,079 per sqft
14 Apr 2023RentedNew contract
AED 210,000/yr12 months · AED 128 per sqft
31 Oct 2017RentedNew contract
AED 185,000/yr12 months · AED 113 per sqft
1 Jul 2016RentedRenewal
AED 190,000/yr12 months · AED 116 per sqft
1 Jul 2015RentedRenewal
AED 200,000/yr12 months · AED 122 per sqft
1 Jul 2014RentedNew contract
AED 200,000/yr12 months · AED 122 per sqft
22 Jul 2009Sold by developerReady
AED 2,984,888AED 1,825 per sqft

Source: Dubai Land Department. Updated 28 March 2024.

Key facts

Type
2-bed apartment
Size
1,635 sqft
Floor
33rd of 39
Parking
L1-011
Developer
Emaar
Completed
2008
Service charge
AED 31,300 /yr
Last sold
AED 3.4M · March 2024

About 3303, South Ridge Towers 1

3303 is a two-bedroom apartment of 1,635 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 28 March 2024 for AED 3,400,000, or AED 2,079 per sqft, 4% above the AED 2,003 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 14 April 2023, is AED 210,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 31,300 a year.

Sales and rents for 3303 over time

Sales
Unit 3303, each saleTypical two-bed in South Ridge Towers 1
2M3M2008201320182023Typical sale price by year: 2008 AED 1,706,944; 2009 AED 1,473,060; 2010 AED 1,915,500; 2011 AED 2,005,946; 2012 AED 1,949,944; 2013 AED 2,300,000; 2014 AED 3,400,000; 2015 AED 2,650,000; 2016 AED 2,462,500; 2017 AED 2,337,500; 2018 AED 2,800,000; 2020 AED 1,634,550; 2021 AED 2,077,000; 2022 AED 2,200,000; 2023 AED 2,600,000; 2024 AED 2,865,000; 2025 AED 3,000,000; 2026 AED 3,150,000Sold by developer, July 2009: AED 2,984,888 (AED 1,825 per sqft)Sold, March 2024: AED 3,400,000 (AED 2,079 per sqft)

3303 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3303, each contractTypical two-bed in South Ridge Towers 1
100K150K200K2012201620202024Typical rent by year: 2012 AED 132,500; 2013 AED 140,000; 2014 AED 160,000; 2015 AED 166,000; 2016 AED 167,265; 2017 AED 160,000; 2018 AED 140,000; 2019 AED 130,000; 2020 AED 116,000; 2021 AED 115,001; 2022 AED 124,000; 2023 AED 150,000; 2024 AED 170,000; 2025 AED 177,500; 2026 AED 170,000New contract, July 2014: AED 200,000 a yearRenewal, July 2015: AED 200,000 a yearRenewal, July 2016: AED 190,000 a yearNew contract, October 2017: AED 185,000 a yearNew contract, April 2023: AED 210,000 a year

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 3303 sits

All 76 2-beds →

3303 last sold in March 2024 at AED 2,079 per sqft, 4% above what two-beds in South Ridge Towers 1 were fetching at the time (AED 2,003). 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. 3303's AED 210,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Jul 20263,025,000
24 Apr 20264,150,000
15 Apr 20263,250,000
11 Mar 20263,050,000
6 2-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 33rd floor

All 188 units in South Ridge Towers 1
Value
33012-bedAED 1.49M · Mar 2009
33023-bedAED 5.4M · Jul 2015
33041-bedAED 945K · Jun 2009
33051-bedAED 1.4M · Mar 2022

3303, South Ridge Towers 1 in numbers

  • Sold twice: first on 22 July 2009 for AED 2,984,888, last on 28 March 2024 for AED 3,400,000 (AED 2,079 per sqft).
  • Rented since July 2014 on 5 Ejari contracts, from AED 200,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 31,300 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 28 March 2024.

Questions about 3303, South Ridge Towers 1

What did unit 3303 last sell for?

AED 3,400,000 on 28 March 2024: AED 2,079 per sqft for 1,635 sqft. The unit has 2 registered sales; the first was AED 2,984,888 in July 2009.

What is the rent for unit 3303?

AED 210,000 a year on the contract signed on 14 April 2023. The previous contract, from October 2017, was AED 185,000; the unit has been rented since July 2014.

How big is unit 3303?

1,635 sqft (151.9 sqm): a two-bedroom apartment on the 33rd floor of a 39-storey tower completed in 2008.

What is unit 3303 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 3303, South Ridge Towers 1

Starts from the last sale price (AED 3.4M, 28 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

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