802, South Ridge Towers 1
Sold prices and rental history: sold 3 times, last in December 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 802, South Ridge Towers 1
What is 802 worth today?
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Source: Dubai Land Department. Updated 18 April 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,102 sqft
- Floor
- 8th of 39
- Parking
- L1-044 , L1-045
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 40,300 /yr
- Last sold
- AED 2.97M · December 2021
- Building
- South Ridge Towers 1
About 802, South Ridge Towers 1
802 is a three-bedroom apartment of 2,102 sqft on the 8th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 20 December 2021 for AED 2,970,000, or AED 1,412 per sqft, in line with the AED 1,427 three-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 18 April 2022, is AED 154,547 a year: a gross yield of 5.2% on the 2021 price, before the service charge of about AED 40,300 a year.
Sales and rents for 802 over time
802 has sold 3 times; 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 802 sits
All 39 3-beds →802 last sold in December 2021 at AED 1,412 per sqft, in line with what three-beds in South Ridge Towers 1 were fetching at the time (AED 1,427). 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. 802's AED 154,547 is in the lower 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 8th floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 2-bed | 1,491 sqft | AED 2.13MAED 2,125,000 · Feb 2017February 2017 | 140,000 /yr | |
| 803 | 2-bed | 1,635 sqft | AED 3.65MAED 3,650,000 · Feb 2015February 2015 | 90,000 /yr | |
| 804 | 1-bed | 915 sqft | AED 791KAED 790,888 · Jul 2009July 2009 | 110,000 /yr | |
| 805 | 1-bed | 1,060 sqft | AED 1.73MAED 1,725,000 · Oct 2024October 2024 | 100,000 /yr |
802, South Ridge Towers 1 in numbers
- Sold 3 times: first on 16 February 2011 for AED 2,684,888, last on 20 December 2021 for AED 2,970,000 (AED 1,412 per sqft).
- Rented since January 2018 on 6 Ejari contracts. The rent fell from AED 199,464 to AED 140,000 in 2021 and recovered to AED 154,547 by April 2022.
- At AED 154,547 a year the gross yield on the 2021 price is 5.2%, 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 18 April 2022.
Questions about 802, South Ridge Towers 1
What did unit 802 last sell for?
AED 2,970,000 on 20 December 2021: AED 1,412 per sqft for 2,102 sqft. The unit has 3 registered sales; the first was AED 2,684,888 in February 2011.
What is the rent for unit 802?
AED 154,547 a year on the contract signed on 18 April 2022. The previous contract, from April 2021, was AED 140,000; the unit has been rented since January 2018.
How big is unit 802?
2,102 sqft (195.3 sqm): a three-bedroom apartment on the 8th floor of a 39-storey tower completed in 2008.
What is unit 802 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 802, South Ridge Towers 1
Starts from the last sale price (AED 2.97M, 20 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,970,000
- Deposit, UAE resident (20%)
- AED 594,000
- Deposit, non-resident (40%)
- AED 1,188,000
- Monthly over 25 years at 3.7%
- AED 12,151
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →