3-bed · 1,051 sqftSouth Ridge Towers 1, Downtown Dubai · 34th floor · completed 2008

3402, South Ridge Towers 1

Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3402 · DLD and Ejari recordsUpdated 15 November 2025
Last soldAED 2.53M24 June 2010
Current rentAED 260K /yr15 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3402, South Ridge Towers 1

What is 3402 worth today?

Last sold for AED 2,534,888 in 2010

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15 Nov 2025RentedNew contract
AED 260,000/yr12 months · AED 124 per sqft
7 Oct 2022RentedNew contract
AED 230,000/yr12 months · AED 109 per sqft
12 Sep 2022RentedRenewal
AED 250,000/yr12 months · AED 119 per sqft
12 Sep 2021RentedRenewal
AED 235,000/yr12 months · AED 112 per sqft
12 Sep 2020RentedRenewal
AED 235,000/yr12 months · AED 112 per sqft
12 Sep 2019RentedRenewal
AED 205,000/yr12 months · AED 98 per sqft
12 Sep 2018RentedRenewal
AED 205,000/yr12 months · AED 98 per sqft
12 Sep 2017RentedRenewal
AED 235,000/yr12 months · AED 112 per sqft

Source: Dubai Land Department. Updated 15 November 2025.

Key facts

Type
3-bed apartment
Size
1,051 sqft
Floor
34th of 39
Parking
G-052 , G-053
Developer
Emaar
Completed
2008
Service charge
AED 20,100 /yr
Last sold
AED 2.53M · June 2010

About 3402, South Ridge Towers 1

3402 is a three-bedroom apartment of 1,051 sqft on the 34th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 24 June 2010 for AED 2,534,888, or AED 1,205 per sqft, in line with the AED 1,175 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, signed on 15 November 2025, is AED 260,000 a year: a gross yield of 10.3% on the 2010 price, before the service charge of about AED 20,100 a year.

Sales and rents for 3402 over time

Sales
Unit 3402, 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, June 2010: AED 2,534,888 (AED 1,205 per sqft)

3402 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3402, 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, August 2012: AED 174,167 a yearNew contract, September 2013: AED 235,000 a yearRenewal, September 2014: AED 235,000 a yearRenewal, September 2015: AED 235,000 a yearRenewal, September 2016: AED 235,000 a yearRenewal, September 2017: AED 235,000 a yearRenewal, September 2018: AED 205,000 a yearRenewal, September 2019: AED 205,000 a yearRenewal, September 2020: AED 235,000 a yearRenewal, September 2021: AED 235,000 a yearRenewal, September 2022: AED 250,000 a yearNew contract, October 2022: AED 230,000 a yearNew contract, November 2025: AED 260,000 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 3402 sits

All 39 3-beds →

3402 last sold in June 2010 at AED 1,205 per sqft, in line with what three-beds in South Ridge Towers 1 were fetching at the time (AED 1,175). 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. 3402's AED 260,000 is in the upper 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 34th floor

All 188 units in South Ridge Towers 1
Value
34012-bedAED 2.55M · Nov 2015
34032-bedAED 3.94M · Aug 2014
34041-bedAED 2.23M · Nov 2024
34051-bedAED 1.75M · Mar 2015

3402, South Ridge Towers 1 in numbers

  • Sold once: by Emaar on 24 June 2010 for AED 2,534,888, or AED 1,205 per sqft.
  • Rented since August 2012 on 13 Ejari contracts, from AED 174,167 to AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2010 price is 10.3%, before a service charge of about AED 20,100 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 15 November 2025.

Questions about 3402, South Ridge Towers 1

What did unit 3402 last sell for?

AED 2,534,888 on 24 June 2010, sold by the developer: AED 1,205 per sqft for 1,051 sqft. It is the only registered sale of the unit.

What is the rent for unit 3402?

AED 260,000 a year on the contract signed on 15 November 2025. The previous contract, from October 2022, was AED 230,000; the unit has been rented since August 2012.

How big is unit 3402?

1,051 sqft (97.6 sqm): a three-bedroom apartment on the 34th floor of a 39-storey tower completed in 2008.

What is unit 3402 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 3402, South Ridge Towers 1

Starts from the last sale price (AED 2.53M, 24 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,534,888
Deposit, UAE resident (20%)
AED 506,978
Deposit, non-resident (40%)
AED 1,013,955
Monthly over 25 years at 3.7%
AED 10,371

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