701, South Ridge Towers 1
Sold prices and rental history: sold 4 times, last in November 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, South Ridge Towers 1
What is 701 worth today?
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Source: Dubai Land Department. Updated 28 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,491 sqft
- Floor
- 7th of 39
- Parking
- B1-052
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 28,600 /yr
- Last sold
- AED 3.8M · November 2025
- Building
- South Ridge Towers 1
About 701, South Ridge Towers 1
701 is a two-bedroom apartment of 1,491 sqft on the 7th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 28 November 2025 for AED 3,800,000, or AED 2,548 per sqft, 28% above the AED 1,995 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 15 Ejari contracts. The current contract, signed on 25 January 2023, is AED 150,000 a year: a gross yield of 4.0% on the 2025 price, before the service charge of about AED 28,600 a year.
Sales and rents for 701 over time
701 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 701 sits
All 76 2-beds →701 last sold in November 2025 at AED 2,548 per sqft, 28% above what two-beds in South Ridge Towers 1 were fetching at the time (AED 1,995). 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. 701's AED 150,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jul 202622 July 2026 | 1,491 sqft | 3,025,000 | 2,028 | ||
| 24 Apr 202624 April 2026 | 1,635 sqft | 4,150,000 | 2,538 | ||
| 15 Apr 202615 April 2026 | 1,491 sqft | 3,250,000 | 2,179 | ||
| 11 Mar 202611 March 2026 | 1,488 sqft | 3,050,000 | 2,049 |
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 7th floor
All 188 units in South Ridge Towers 1701, South Ridge Towers 1 in numbers
- Sold 4 times: first on 30 March 2010 for AED 597,444, last on 28 November 2025 for AED 3,800,000 (AED 2,548 per sqft).
- Rented since July 2013 on 15 Ejari contracts. The rent fell from AED 163,680 to AED 46,667 in 2019 and recovered to AED 150,000 by January 2023.
- At AED 150,000 a year the gross yield on the 2025 price is 4.0%, 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 28 November 2025.
Questions about 701, South Ridge Towers 1
What did unit 701 last sell for?
AED 3,800,000 on 28 November 2025: AED 2,548 per sqft for 1,491 sqft. The unit has 4 registered sales; the first was AED 597,444 in March 2010.
What is the rent for unit 701?
AED 150,000 a year on the contract signed on 25 January 2023. The previous contract, from July 2022, was AED 124,000; the unit has been rented since July 2013.
How big is unit 701?
1,491 sqft (138.5 sqm): a two-bedroom apartment on the 7th floor of a 39-storey tower completed in 2008.
What is unit 701 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 701, South Ridge Towers 1
Starts from the last sale price (AED 3.8M, 28 November 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 3,800,000
- Deposit, UAE resident (20%)
- AED 760,000
- Deposit, non-resident (40%)
- AED 1,520,000
- Monthly over 25 years at 3.7%
- AED 15,547
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →