2-bed · 1,635 sqftSouth Ridge Towers 1, Downtown Dubai · 6th floor · completed 2008

603, South Ridge Towers 1

Sold prices and rental history: sold twice, last in April 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 17 April 2025
Last soldAED 3.5M17 April 2025
Current rentAED 180K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, South Ridge Towers 1

What is 603 worth today?

Last sold for AED 3,500,000 in 2025

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17 Apr 2025SoldReady
AED 3,500,000AED 2,140 per sqft
1 May 2024RentedRenewal
AED 180,000/yr15 months · AED 111 per sqft
22 Dec 2023RentedRenewal
AED 131,589/yr9 months · AED 81 per sqft
22 Dec 2022RentedRenewal
AED 128,400/yr12 months · AED 78 per sqft
22 Dec 2021RentedRenewal
AED 120,000/yr12 months · AED 73 per sqft
22 Nov 2020RentedNew contract
AED 120,000/yr13 months · AED 73 per sqft
20 Dec 2019RentedNew contract
AED 125,000/yr12 months · AED 76 per sqft
27 Dec 2018RentedRenewal
AED 154,171/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 17 April 2025.

Key facts

Type
2-bed apartment
Size
1,635 sqft
Floor
6th of 39
Parking
G-045
Developer
Emaar
Completed
2008
Service charge
AED 31,300 /yr
Last sold
AED 3.5M · April 2025

About 603, South Ridge Towers 1

603 is a two-bedroom apartment of 1,635 sqft on the 6th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 17 April 2025 for AED 3,500,000, or AED 2,140 per sqft, 11% above the AED 1,931 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 180,000 a year: a gross yield of 5.1% on the 2025 price, before the service charge of about AED 31,300 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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 by developer, June 2010: AED 2,678,888 (AED 1,638 per sqft)Sold, April 2025: AED 3,500,000 (AED 2,140 per sqft)

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

Rents
Unit 603, 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 170,000New contract, October 2013: AED 157,000 a yearNew contract, December 2015: AED 175,000 a yearRenewal, December 2016: AED 175,000 a yearNew contract, December 2017: AED 160,000 a yearRenewal, December 2018: AED 154,171 a yearNew contract, December 2019: AED 125,000 a yearNew contract, November 2020: AED 120,000 a yearRenewal, December 2021: AED 120,000 a yearRenewal, December 2022: AED 128,400 a yearRenewal, December 2023: AED 131,589 a yearRenewal, May 2024: AED 180,000 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 603 sits

All 76 2-beds →

603 last sold in April 2025 at AED 2,140 per sqft, 11% above what two-beds in South Ridge Towers 1 were fetching at the time (AED 1,931). 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. 603's AED 180,000 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
6012-bedAED 1.19M · Jun 2010
6023-bedAED 5.8M · Jan 2009
6041-bedAED 802K · Jan 2013
6051-bedAED 822K · Nov 2009

603, South Ridge Towers 1 in numbers

  • Sold twice: first on 17 June 2010 for AED 2,678,888, last on 17 April 2025 for AED 3,500,000 (AED 2,140 per sqft).
  • Rented since October 2013 on 11 Ejari contracts. The rent fell from AED 157,000 to AED 120,000 in 2021 and recovered to AED 180,000 by May 2024.
  • At AED 180,000 a year the gross yield on the 2025 price is 5.1%, 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 17 April 2025.

Questions about 603, South Ridge Towers 1

What did unit 603 last sell for?

AED 3,500,000 on 17 April 2025: AED 2,140 per sqft for 1,635 sqft. The unit has 2 registered sales; the first was AED 2,678,888 in June 2010.

What is the rent for unit 603?

AED 180,000 a year on the contract renewed on 1 May 2024. The previous contract, from December 2023, was AED 131,589; the unit has been rented since October 2013.

How big is unit 603?

1,635 sqft (151.9 sqm): a two-bedroom apartment on the 6th floor of a 39-storey tower completed in 2008.

What is unit 603 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 603, South Ridge Towers 1

Starts from the last sale price (AED 3.5M, 17 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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