2-bed · 1,491 sqftSouth Ridge Towers 1, Downtown Dubai · 34th floor · completed 2008

3401, South Ridge Towers 1

Sold prices and rental history: sold twice, last in November 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3401 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 2.55M15 November 2015
Current rentAED 140K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3401, South Ridge Towers 1

What is 3401 worth today?

Last sold for AED 2,550,000 in 2015

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1 Aug 2026RentedNew contract
AED 140,000/yr12 months · AED 94 per sqft
30 Nov 2025RentedRenewal
AED 160,000/yr2 months · AED 108 per sqft
15 Aug 2025RentedRenewal
AED 170,000/yr12 months · AED 114 per sqft
30 Nov 2024RentedRenewal
AED 136,367/yr12 months · AED 92 per sqft
30 Nov 2023RentedRenewal
AED 123,970/yr12 months · AED 83 per sqft
30 Nov 2022RentedRenewal
AED 107,800/yr12 months · AED 73 per sqft
30 Nov 2021RentedRenewal
AED 98,000/yr12 months · AED 66 per sqft
30 Nov 2020RentedNew contract
AED 88,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
2-bed apartment
Size
1,491 sqft
Floor
34th of 39
Parking
B2-060
Developer
Emaar
Completed
2008
Service charge
AED 28,600 /yr
Last sold
AED 2.55M · November 2015

About 3401, South Ridge Towers 1

3401 is a two-bedroom apartment of 1,491 sqft on the 34th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 15 November 2015 for AED 2,550,000, or AED 1,710 per sqft, 11% below the AED 1,915 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 1 August 2026, is AED 140,000 a year: a gross yield of 5.5% on the 2015 price, before the service charge of about AED 28,600 a year.

Sales and rents for 3401 over time

Sales
Unit 3401, each saleTypical two-bed in South Ridge Towers 1
2M2008201320182023Typical 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, March 2013: AED 769,944 (AED 516 per sqft)Sold, November 2015: AED 2,550,000 (AED 1,710 per sqft)

3401 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3401, each contractTypical two-bed in South Ridge Towers 1
100K150K2012201620202024Typical 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, November 2013: AED 150,000 a yearNew contract, May 2015: AED 168,184 a yearNew contract, October 2018: AED 120,000 a yearNew contract, November 2019: AED 105,000 a yearNew contract, November 2020: AED 88,000 a yearRenewal, November 2021: AED 98,000 a yearRenewal, November 2022: AED 107,800 a yearRenewal, November 2023: AED 123,970 a yearRenewal, November 2024: AED 136,367 a yearRenewal, August 2025: AED 170,000 a yearRenewal, November 2025: AED 160,000 a yearNew contract, August 2026: AED 140,000 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 3401 sits

All 76 2-beds →

3401 last sold in November 2015 at AED 1,710 per sqft, 11% below what two-beds in South Ridge Towers 1 were fetching at the time (AED 1,915). 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. 3401's AED 140,000 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 34th floor

All 188 units in South Ridge Towers 1
Value
34023-bedAED 2.53M · Jun 2010
34032-bedAED 3.94M · Aug 2014
34041-bedAED 2.23M · Nov 2024
34051-bedAED 1.75M · Mar 2015

3401, South Ridge Towers 1 in numbers

  • Sold twice: first on 4 March 2013 for AED 769,944, last on 15 November 2015 for AED 2,550,000 (AED 1,710 per sqft).
  • Rented since November 2013 on 12 Ejari contracts. The rent fell from AED 150,000 to AED 88,000 in 2020 and recovered to AED 140,000 by August 2026.
  • At AED 140,000 a year the gross yield on the 2015 price is 5.5%, 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 1 August 2026.

Questions about 3401, South Ridge Towers 1

What did unit 3401 last sell for?

AED 2,550,000 on 15 November 2015: AED 1,710 per sqft for 1,491 sqft. The unit has 2 registered sales; the first was AED 769,944 in March 2013.

What is the rent for unit 3401?

AED 140,000 a year on the contract signed on 1 August 2026. The previous contract, from November 2025, was AED 160,000; the unit has been rented since November 2013.

How big is unit 3401?

1,491 sqft (138.5 sqm): a two-bedroom apartment on the 34th floor of a 39-storey tower completed in 2008.

What is unit 3401 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 3401, South Ridge Towers 1

Starts from the last sale price (AED 2.55M, 15 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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