2-bed · 1,635 sqftSouth Ridge Towers 1, Downtown Dubai · 37th floor · completed 2008

3703, South Ridge Towers 1

Sold prices and rental history: sold twice, last in October 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3703 · DLD and Ejari recordsUpdated 13 October 2011
Last soldAED 2.5M13 October 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3703, South Ridge Towers 1

What is 3703 worth today?

Last sold for AED 2,500,000 in 2011

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13 Oct 2011SoldReady
AED 2,500,000AED 1,529 per sqft
10 Oct 2011Sold by developerReady
AED 2,047,562AED 1,252 per sqft

Source: Dubai Land Department. Updated 13 October 2011.

Key facts

Type
2-bed apartment
Size
1,635 sqft
Floor
37th of 39
Parking
B1-088
Developer
Emaar
Completed
2008
Service charge
AED 31,300 /yr
Last sold
AED 2.5M · October 2011

About 3703, South Ridge Towers 1

3703 is a two-bedroom apartment of 1,635 sqft on the 37th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 13 October 2011 for AED 2,500,000, or AED 1,529 per sqft, 18% above the AED 1,299 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3703 over time

Sales
Unit 3703, 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, October 2011: AED 2,500,000 (AED 1,529 per sqft)Sold by developer, October 2011: AED 2,047,562 (AED 1,252 per sqft)

3703 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3703, each contractTypical two-bed in South Ridge Towers 1
150K2012201620202024Typical 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 170,000

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 3703 sits

All 76 2-beds →

3703 last sold in October 2011 at AED 1,529 per sqft, 18% above what two-beds in South Ridge Towers 1 were fetching at the time (AED 1,299). 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.

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 37th floor

All 188 units in South Ridge Towers 1
Value
37012-bedAED 2.85M · Nov 2024
37023-bedAED 3.27M · May 2012
37041-bedAED 2.13M · Jan 2025
37051-bedAED 998K · Apr 2009

3703, South Ridge Towers 1 in numbers

  • Sold twice: first on 10 October 2011 for AED 2,047,562, last on 13 October 2011 for AED 2,500,000 (AED 1,529 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 13 October 2011.

Questions about 3703, South Ridge Towers 1

What did unit 3703 last sell for?

AED 2,500,000 on 13 October 2011: AED 1,529 per sqft for 1,635 sqft. The unit has 2 registered sales; the first was AED 2,047,562 in October 2011.

How big is unit 3703?

1,635 sqft (151.9 sqm): a two-bedroom apartment on the 37th floor of a 39-storey tower completed in 2008.

What is unit 3703 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 3703, South Ridge Towers 1

Starts from the last sale price (AED 2.5M, 13 October 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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