3501, South Ridge Towers 1
Sold prices and rental history: sold 3 times, last in March 2021, and rented once, from February 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3501, South Ridge Towers 1
What is 3501 worth today?
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Source: Dubai Land Department. Updated 1 March 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,491 sqft
- Floor
- 35th of 39
- Parking
- B2-059
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 28,600 /yr
- Last sold
- AED 1.74M · March 2021
- Building
- South Ridge Towers 1
About 3501, South Ridge Towers 1
3501 is a two-bedroom apartment of 1,491 sqft on the 35th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 1 March 2021 for AED 1,740,000, or AED 1,166 per sqft, 15% above the AED 1,012 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 6 February 2015. The current contract, signed on 6 February 2015, is AED 160,000 a year: a gross yield of 9.2% on the 2021 price, before the service charge of about AED 28,600 a year.
Sales and rents for 3501 over time
3501 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 3501 sits
All 76 2-beds →3501 last sold in March 2021 at AED 1,166 per sqft, 15% above what two-beds in South Ridge Towers 1 were fetching at the time (AED 1,012). 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. 3501's AED 160,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jul 202622 July 2026 | 1,491 sqft | 3,025,000 | 2,028 | ||
| 24 Apr 202624 April 2026 | 1,635 sqft | 4,150,000 | 2,538 | ||
| 15 Apr 202615 April 2026 | 1,491 sqft | 3,250,000 | 2,179 | ||
| 11 Mar 202611 March 2026 | 1,488 sqft | 3,050,000 | 2,049 |
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 35th floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3502 | 3-bed | 2,102 sqft | AED 3.73MAED 3,725,000 · Nov 2012November 2012 | ||
| 3503 | 2-bed | 1,635 sqft | AED 2MAED 2,000,000 · Aug 2020August 2020 | 120,000 /yr | |
| 3504 | 1-bed | 915 sqft | AED 980KAED 980,000 · Feb 2021February 2021 | 138,600 /yr | |
| 3505 | 1-bed | 1,060 sqft | AED 1.05MAED 1,050,888 · Feb 2011February 2011 | 117,000 /yr |
3501, South Ridge Towers 1 in numbers
- Sold 3 times: first on 9 April 2017 for AED 2,275,000, last on 1 March 2021 for AED 1,740,000 (AED 1,166 per sqft).
- Rented since February 2015 on one Ejari contract, at AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2021 price is 9.2%, 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 March 2021.
Questions about 3501, South Ridge Towers 1
What did unit 3501 last sell for?
AED 1,740,000 on 1 March 2021: AED 1,166 per sqft for 1,491 sqft. The unit has 3 registered sales; the first was AED 2,275,000 in April 2017.
What is the rent for unit 3501?
AED 160,000 a year on the contract signed on 6 February 2015.
How big is unit 3501?
1,491 sqft (138.5 sqm): a two-bedroom apartment on the 35th floor of a 39-storey tower completed in 2008.
What is unit 3501 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 3501, South Ridge Towers 1
Starts from the last sale price (AED 1.74M, 1 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,740,000
- Deposit, UAE resident (20%)
- AED 348,000
- Deposit, non-resident (40%)
- AED 696,000
- Monthly over 25 years at 3.7%
- AED 7,119
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →