2-bed · 1,491 sqftSouth Ridge Towers 1, Downtown Dubai · 6th floor · completed 2008

601, South Ridge Towers 1

Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 7 January 2026
Last soldAED 1.19M30 June 2010
Current rentAED 165K /yr7 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, South Ridge Towers 1

What is 601 worth today?

Last sold for AED 1,186,888 in 2010

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7 Jan 2026RentedNew contract
AED 165,000/yr12 months · AED 110 per sqft
20 Mar 2025RentedNew contract
AED 185,000/yr12 months · AED 124 per sqft
20 Mar 2025RentedNew contract
AED 185,000/yr12 months · AED 124 per sqft
12 Jun 2021RentedNew contract
AED 93,000/yr12 months · AED 62 per sqft
5 Jun 2020RentedRenewal
AED 130,000/yr12 months · AED 87 per sqft
5 Jun 2019RentedRenewal
AED 135,000/yr12 months · AED 90 per sqft
5 Jun 2018RentedRenewal
AED 140,000/yr12 months · AED 94 per sqft
5 Jun 2017RentedNew contract
AED 140,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 7 January 2026.

Key facts

Type
2-bed apartment
Size
1,491 sqft
Floor
6th of 39
Parking
B1-074
Developer
Emaar
Completed
2008
Service charge
AED 28,600 /yr
Last sold
AED 1.19M · June 2010

About 601, South Ridge Towers 1

601 is a two-bedroom apartment of 1,491 sqft on the 6th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 30 June 2010 for AED 1,186,888, or AED 796 per sqft, 29% below the AED 1,126 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 7 January 2026, is AED 165,000 a year: a gross yield of 13.9% on the 2010 price, before the service charge of about AED 28,600 a year.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical two-bed in South Ridge Towers 1
2M2008201320182023Typical 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 by developer, June 2010: AED 1,186,888 (AED 796 per sqft)

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

Rents
Unit 601, each contractTypical two-bed in South Ridge Towers 1
100K150K200K2012201620202024Typical 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 170,000New contract, April 2014: AED 138,000 a yearNew contract, September 2015: AED 155,000 a yearNew contract, June 2017: AED 140,000 a yearRenewal, June 2018: AED 140,000 a yearRenewal, June 2019: AED 135,000 a yearRenewal, June 2020: AED 130,000 a yearNew contract, June 2021: AED 93,000 a yearNew contract, March 2025: AED 185,000 a yearNew contract, March 2025: AED 185,000 a yearNew contract, January 2026: AED 165,000 a year

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 601 sits

All 76 2-beds →

601 last sold in June 2010 at AED 796 per sqft, 29% below what two-beds in South Ridge Towers 1 were fetching at the time (AED 1,126). 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. 601's AED 165,000 is in the lower half of that range.

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 6th floor

All 188 units in South Ridge Towers 1
Value
6023-bedAED 5.8M · Jan 2009
6032-bedAED 3.5M · Apr 2025
6041-bedAED 802K · Jan 2013
6051-bedAED 822K · Nov 2009

601, South Ridge Towers 1 in numbers

  • Sold once: by Emaar on 30 June 2010 for AED 1,186,888, or AED 796 per sqft.
  • Rented since April 2014 on 10 Ejari contracts. The rent fell from AED 138,000 to AED 93,000 in 2021 and recovered to AED 165,000 by January 2026.
  • At AED 165,000 a year the gross yield on the 2010 price is 13.9%, 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 7 January 2026.

Questions about 601, South Ridge Towers 1

What did unit 601 last sell for?

AED 1,186,888 on 30 June 2010, sold by the developer: AED 796 per sqft for 1,491 sqft. It is the only registered sale of the unit.

What is the rent for unit 601?

AED 165,000 a year on the contract signed on 7 January 2026. The previous contract, from March 2025, was AED 185,000; the unit has been rented since April 2014.

How big is unit 601?

1,491 sqft (138.5 sqm): a two-bedroom apartment on the 6th floor of a 39-storey tower completed in 2008.

What is unit 601 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 601, South Ridge Towers 1

Starts from the last sale price (AED 1.19M, 30 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,186,888
Deposit, UAE resident (20%)
AED 237,378
Deposit, non-resident (40%)
AED 474,755
Monthly over 25 years at 3.7%
AED 4,856

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