402, South Ridge Towers 1
Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, South Ridge Towers 1
What is 402 worth today?
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Source: Dubai Land Department. Updated 10 January 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,102 sqft
- Floor
- 4th of 39
- Parking
- B1-113 , B1-114
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 40,300 /yr
- Last sold
- AED 4.5M · January 2025
- Building
- South Ridge Towers 1
About 402, South Ridge Towers 1
402 is a three-bedroom apartment of 2,102 sqft on the 4th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 10 January 2025 for AED 4,500,000, or AED 2,140 per sqft, 5% below the AED 2,259 three-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 25 March 2024, is AED 245,000 a year: a gross yield of 5.4% on the 2025 price, before the service charge of about AED 40,300 a year.
Sales and rents for 402 over time
402 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 402 sits
All 39 3-beds →402 last sold in January 2025 at AED 2,140 per sqft, 5% below what three-beds in South Ridge Towers 1 were fetching at the time (AED 2,259). 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. 402's AED 245,000 is in the upper 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 4th floor
All 188 units in South Ridge Towers 1402, South Ridge Towers 1 in numbers
- Sold twice: first on 21 May 2009 for AED 2,882,888, last on 10 January 2025 for AED 4,500,000 (AED 2,140 per sqft).
- Rented since January 2020 on 5 Ejari contracts, from AED 162,500 to AED 245,000 a year.
- At AED 245,000 a year the gross yield on the 2025 price is 5.4%, before a service charge of about AED 40,300 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 10 January 2025.
Questions about 402, South Ridge Towers 1
What did unit 402 last sell for?
AED 4,500,000 on 10 January 2025: AED 2,140 per sqft for 2,102 sqft. The unit has 2 registered sales; the first was AED 2,882,888 in May 2009.
What is the rent for unit 402?
AED 245,000 a year on the contract renewed on 25 March 2024. The previous contract, from March 2023, was AED 245,000; the unit has been rented since January 2020.
How big is unit 402?
2,102 sqft (195.3 sqm): a three-bedroom apartment on the 4th floor of a 39-storey tower completed in 2008.
What is unit 402 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 402, South Ridge Towers 1
Starts from the last sale price (AED 4.5M, 10 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 4,500,000
- Deposit, UAE resident (20%)
- AED 900,000
- Deposit, non-resident (40%)
- AED 1,800,000
- Monthly over 25 years at 3.7%
- AED 18,411
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →