3802, South Ridge Towers 1
Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3802, South Ridge Towers 1
What is 3802 worth today?
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Source: Dubai Land Department. Updated 26 December 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 1,962 sqft
- Floor
- 38th of 39
- Parking
- L1-021 , L1-022
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 37,600 /yr
- Last sold
- AED 3.6M · December 2022
- Building
- South Ridge Towers 1
About 3802, South Ridge Towers 1
3802 is a three-bedroom apartment of 1,962 sqft on the 38th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 26 December 2022 for AED 3,600,000, or AED 1,834 per sqft, 16% above the AED 1,581 three-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 27 April 2022, is AED 161,700 a year: a gross yield of 4.5% on the 2022 price, before the service charge of about AED 37,600 a year.
Sales and rents for 3802 over time
3802 has sold twice; the dashed line is the three-bed median of each year in the building.
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 3802 sits
All 39 3-beds →3802 last sold in December 2022 at AED 1,834 per sqft, 16% above what three-beds in South Ridge Towers 1 were fetching at the time (AED 1,581). 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. 3802's AED 161,700 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Oct 202612 October 2026 | 2,102 sqft | 6,130,000 | 2,916 | ||
| 17 Aug 202617 August 2026 | 2,102 sqft | 5,350,000 | 2,545 | ||
| 11 Jun 202611 June 2026 | 1,974 sqft | 3,516,934 | 1,781 | ||
| 11 Sep 202511 September 2025 | 2,102 sqft | 4,950,000 | 2,354 |
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 38th floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3801 | 2-bed | 1,497 sqft | AED 2.5MAED 2,500,000 · Nov 2025November 2025 | 114,500 /yr | |
| 3803 | 2-bed | 1,459 sqft | AED 2.44MAED 2,442,888 · Jun 2010June 2010 | 140,000 /yr | |
| 3804 | 1-bed | 959 sqft | AED 1.9MAED 1,900,000 · Sep 2025September 2025 | 110,000 /yr | |
| 3805 | 1-bed | 1,055 sqft | AED 1.93MAED 1,925,000 · Jan 2025January 2025 | 115,000 /yr |
3802, South Ridge Towers 1 in numbers
- Sold twice: first on 3 January 2012 for AED 1,612,444, last on 26 December 2022 for AED 3,600,000 (AED 1,834 per sqft).
- Rented since April 2017 on 4 Ejari contracts. The rent fell from AED 260,000 to AED 140,000 in 2020 and recovered to AED 161,700 by April 2022.
- At AED 161,700 a year the gross yield on the 2022 price is 4.5%, before a service charge of about AED 37,600 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 26 December 2022.
Questions about 3802, South Ridge Towers 1
What did unit 3802 last sell for?
AED 3,600,000 on 26 December 2022: AED 1,834 per sqft for 1,962 sqft. The unit has 2 registered sales; the first was AED 1,612,444 in January 2012.
What is the rent for unit 3802?
AED 161,700 a year on the contract renewed on 27 April 2022. The previous contract, from April 2021, was AED 147,000; the unit has been rented since April 2017.
How big is unit 3802?
1,962 sqft (182.3 sqm): a three-bedroom apartment on the 38th floor of a 39-storey tower completed in 2008.
What is unit 3802 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 3802, South Ridge Towers 1
Starts from the last sale price (AED 3.6M, 26 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,600,000
- Deposit, UAE resident (20%)
- AED 720,000
- Deposit, non-resident (40%)
- AED 1,440,000
- Monthly over 25 years at 3.7%
- AED 14,729
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →