803, South Ridge Towers 1
Sold prices and rental history: sold 4 times, last in February 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 803, South Ridge Towers 1
What is 803 worth today?
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Source: Dubai Land Department. Updated 15 August 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,635 sqft
- Floor
- 8th of 39
- Parking
- B1-058
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 31,300 /yr
- Last sold
- AED 3.65M · February 2015
- Building
- South Ridge Towers 1
About 803, South Ridge Towers 1
803 is a two-bedroom apartment of 1,635 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 19 February 2015 for AED 3,650,000, or AED 2,232 per sqft, in line with the AED 2,232 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 15 August 2022, is AED 90,000 a year: a gross yield of 2.5% on the 2015 price, before the service charge of about AED 31,300 a year.
Sales and rents for 803 over time
803 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 803 sits
All 76 2-beds →803 last sold in February 2015 at AED 2,232 per sqft, in line with what two-beds in South Ridge Towers 1 were fetching at the time (AED 2,232). 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. 803's AED 90,000 is at the bottom 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 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 | |
| 802 | 3-bed | 2,102 sqft | AED 2.97MAED 2,970,000 · Dec 2021December 2021 | 154,547 /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 |
803, South Ridge Towers 1 in numbers
- Sold 4 times: first on 21 December 2008 for AED 2,344,888, last on 19 February 2015 for AED 3,650,000 (AED 2,232 per sqft).
- Rented since April 2015 on 8 Ejari contracts, from AED 130,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2015 price is 2.5%, 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 15 August 2022.
Questions about 803, South Ridge Towers 1
What did unit 803 last sell for?
AED 3,650,000 on 19 February 2015: AED 2,232 per sqft for 1,635 sqft. The unit has 4 registered sales; the first was AED 2,344,888 in December 2008.
What is the rent for unit 803?
AED 90,000 a year on the contract renewed on 15 August 2022. The previous contract, from August 2021, was AED 90,000; the unit has been rented since April 2015.
How big is unit 803?
1,635 sqft (151.9 sqm): a two-bedroom apartment on the 8th floor of a 39-storey tower completed in 2008.
What is unit 803 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 803, South Ridge Towers 1
Starts from the last sale price (AED 3.65M, 19 February 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 3,650,000
- Deposit, UAE resident (20%)
- AED 730,000
- Deposit, non-resident (40%)
- AED 1,460,000
- Monthly over 25 years at 3.7%
- AED 14,933
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →