703, South Ridge Towers 1
Sold prices and rental history: sold twice, last in November 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 703, South Ridge Towers 1
What is 703 worth today?
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Source: Dubai Land Department. Updated 14 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,635 sqft
- Floor
- 7th of 39
- Parking
- G-051
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 31,300 /yr
- Last sold
- AED 2.75M · November 2022
- Building
- South Ridge Towers 1
About 703, South Ridge Towers 1
703 is a two-bedroom apartment of 1,635 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 2 November 2022 for AED 2,750,000, or AED 1,681 per sqft, 19% above the AED 1,414 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, renewed on 14 October 2026, is AED 175,000 a year: a gross yield of 6.4% on the 2022 price, before the service charge of about AED 31,300 a year.
Sales and rents for 703 over time
703 has sold twice; 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 703 sits
All 76 2-beds →703 last sold in November 2022 at AED 1,681 per sqft, 19% above what two-beds in South Ridge Towers 1 were fetching at the time (AED 1,414). 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. 703's AED 175,000 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 1703, South Ridge Towers 1 in numbers
- Sold twice: first on 17 June 2010 for AED 2,564,888, last on 2 November 2022 for AED 2,750,000 (AED 1,681 per sqft).
- Rented since January 2017 on 11 Ejari contracts. The rent fell from AED 165,000 to AED 27,000 in 2021 and recovered to AED 175,000 by October 2026.
- At AED 175,000 a year the gross yield on the 2022 price is 6.4%, 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 14 October 2026.
Questions about 703, South Ridge Towers 1
What did unit 703 last sell for?
AED 2,750,000 on 2 November 2022: AED 1,681 per sqft for 1,635 sqft. The unit has 2 registered sales; the first was AED 2,564,888 in June 2010.
What is the rent for unit 703?
AED 175,000 a year on the contract renewed on 14 October 2026. The previous contract, from October 2025, was AED 185,000; the unit has been rented since January 2017.
How big is unit 703?
1,635 sqft (151.9 sqm): a two-bedroom apartment on the 7th floor of a 39-storey tower completed in 2008.
What is unit 703 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 703, South Ridge Towers 1
Starts from the last sale price (AED 2.75M, 2 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,750,000
- Deposit, UAE resident (20%)
- AED 550,000
- Deposit, non-resident (40%)
- AED 1,100,000
- Monthly over 25 years at 3.7%
- AED 11,251
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →