1302, South Ridge Towers 2
Sold prices and rental history: sold twice, last in January 2023, 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 1302, South Ridge Towers 2
What is 1302 worth today?
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Source: Dubai Land Department. Updated 5 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,679 sqft
- Floor
- 13th of 33
- Parking
- B1-121
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 32,200 /yr
- Last sold
- AED 2M · January 2023
- Building
- South Ridge Towers 2
About 1302, South Ridge Towers 2
1302 is a two-bedroom apartment of 1,679 sqft on the 13th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 24 January 2023 for AED 2,000,000, or AED 1,191 per sqft, 21% below the AED 1,516 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 5 July 2025, is AED 200,000 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 32,200 a year.
Sales and rents for 1302 over time
1302 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 2, and where 1302 sits
All 61 2-beds →1302 last sold in January 2023 at AED 1,191 per sqft, 21% below what two-beds in South Ridge Towers 2 were fetching at the time (AED 1,516). Over the last 12 months two-beds sold for AED 3,475,000 to 4,000,000, around AED 2,296 per sqft, and rent for AED 160,000 to 207,273 a year. 1302's AED 200,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Sep 202614 September 2026 | 1,622 sqft | 3,750,000 | 2,311 | ||
| 7 Aug 20267 August 2026 | 1,622 sqft | 4,000,000 | 2,466 | ||
| 29 Apr 202629 April 2026 | 1,622 sqft | 3,700,000 | 2,281 | ||
| 26 Feb 202626 February 2026 | 1,622 sqft | 3,475,000 | 2,142 |
South Ridge Towers 2
Building158 apartments, 1-bed to 3-bed over 33 floors in Downtown Dubai, completed in 2008 by Emaar. 10 sold in the last 12 months.
- Typical price per sqft
- AED 1,989 Down 2.2%
- Typical sale
- AED 2.74M
- Typical rent
- AED 128K /yr
- Typical yield
- 5.4%
Other units on the 13th floor
All 158 units in South Ridge Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 1,622 sqft | AED 2.78MAED 2,775,000 · Jan 2013January 2013 | 175,000 /yr | |
| 1303 | 1-bed | 1,129 sqft | AED 1.25MAED 1,250,000 · Aug 2022August 2022 | 101,750 /yr | |
| 1304 | 1-bed | 936 sqft | AED 1.41MAED 1,405,000 · Nov 2018November 2018 | 63,000 /yr | |
| 1305 | 1-bed | 1,089 sqft | AED 1.88MAED 1,875,000 · Feb 2024February 2024 | 105,000 /yr |
1302, South Ridge Towers 2 in numbers
- Sold twice: first on 13 June 2010 for AED 1,770,888, last on 24 January 2023 for AED 2,000,000 (AED 1,191 per sqft).
- Rented since April 2017 on 9 Ejari contracts. The rent fell from AED 165,000 to AED 135,000 in 2021 and recovered to AED 200,000 by July 2025.
- At AED 200,000 a year the gross yield on the 2023 price is 10.0%, before a service charge of about AED 32,200 a year (AED 19.17 per sqft).
- Two-beds in South Ridge Towers 2 sold for AED 3,475,000–4,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,989 per sqft.
Source: Dubai Land Department. Updated 5 July 2025.
Questions about 1302, South Ridge Towers 2
What did unit 1302 last sell for?
AED 2,000,000 on 24 January 2023: AED 1,191 per sqft for 1,679 sqft. The unit has 2 registered sales; the first was AED 1,770,888 in June 2010.
What is the rent for unit 1302?
AED 200,000 a year on the contract signed on 5 July 2025. The previous contract, from July 2025, was AED 200,000; the unit has been rented since April 2017.
How big is unit 1302?
1,679 sqft (156.0 sqm): a two-bedroom apartment on the 13th floor of a 33-storey tower completed in 2008.
What is unit 1302 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 2 sold for AED 3,475,000 to 4,000,000 in the last 12 months, around AED 2,296 per sqft.
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Mortgage on 1302, South Ridge Towers 2
Starts from the last sale price (AED 2M, 24 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →