3603, South Ridge Towers 1
Sold prices and rental history: sold 4 times, last in August 2016, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3603, South Ridge Towers 1
What is 3603 worth today?
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Source: Dubai Land Department. Updated 29 August 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,635 sqft
- Floor
- 36th of 39
- Parking
- B1-083
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 31,300 /yr
- Last sold
- AED 3.7M · August 2016
- Building
- South Ridge Towers 1
About 3603, South Ridge Towers 1
3603 is a two-bedroom apartment of 1,635 sqft on the 36th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 16 August 2016 for AED 3,700,000, or AED 2,262 per sqft, 23% above the AED 1,834 two-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 29 August 2022, is AED 155,077 a year: a gross yield of 4.2% on the 2016 price, before the service charge of about AED 31,300 a year.
Sales and rents for 3603 over time
3603 has sold 4 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 3603 sits
All 76 2-beds →3603 last sold in August 2016 at AED 2,262 per sqft, 23% above what two-beds in South Ridge Towers 1 were fetching at the time (AED 1,834). 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. 3603's AED 155,077 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 36th floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3601 | 2-bed | 1,491 sqft | AED 2.9MAED 2,900,000 · May 2025May 2025 | 170,000 /yr | |
| 3602 | 3-bed | 2,102 sqft | AED 2.36MAED 2,362,888 · Feb 2011February 2011 | 172,222 /yr | |
| 3604 | 1-bed | 915 sqft | AED 1.5MAED 1,500,000 · Sep 2023September 2023 | 84,772 /yr | |
| 3605 | 1-bed | 1,060 sqft | AED 1.8MAED 1,800,000 · Feb 2014February 2014 | 100,000 /yr |
3603, South Ridge Towers 1 in numbers
- Sold 4 times: first on 11 September 2011 for AED 2,036,892, last on 16 August 2016 for AED 3,700,000 (AED 2,262 per sqft).
- Rented since August 2020 on 3 Ejari contracts, from AED 130,000 to AED 155,077 a year.
- At AED 155,077 a year the gross yield on the 2016 price is 4.2%, 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 29 August 2022.
Questions about 3603, South Ridge Towers 1
What did unit 3603 last sell for?
AED 3,700,000 on 16 August 2016: AED 2,262 per sqft for 1,635 sqft. The unit has 4 registered sales; the first was AED 2,036,892 in September 2011.
What is the rent for unit 3603?
AED 155,077 a year on the contract renewed on 29 August 2022. The previous contract, from August 2021, was AED 130,000; the unit has been rented since August 2020.
How big is unit 3603?
1,635 sqft (151.9 sqm): a two-bedroom apartment on the 36th floor of a 39-storey tower completed in 2008.
What is unit 3603 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 3603, South Ridge Towers 1
Starts from the last sale price (AED 3.7M, 16 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 3,700,000
- Deposit, UAE resident (20%)
- AED 740,000
- Deposit, non-resident (40%)
- AED 1,480,000
- Monthly over 25 years at 3.7%
- AED 15,138
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →