1401, South Ridge Towers 2
Sold prices and rental history: sold 3 times, last in August 2019, and rented once, from March 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1401, South Ridge Towers 2
What is 1401 worth today?
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Source: Dubai Land Department. Updated 27 August 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 1,622 sqft
- Floor
- 14th of 33
- Parking
- B1-205
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 31,100 /yr
- Last sold
- AED 2M · August 2019
- Building
- South Ridge Towers 2
About 1401, South Ridge Towers 2
1401 is a two-bedroom apartment of 1,622 sqft on the 14th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 27 August 2019 for AED 2,000,000, or AED 1,233 per sqft.
One Ejari contract is registered, from 8 March 2016. The current contract, signed on 8 March 2016, is AED 170,000 a year: a gross yield of 8.5% on the 2019 price, before the service charge of about AED 31,100 a year.
Sales and rents for 1401 over time
1401 has sold 3 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 2, and where 1401 sits
All 61 2-beds →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. 1401's AED 170,000 is in the lower 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 14th floor
All 158 units in South Ridge Towers 21401, South Ridge Towers 2 in numbers
- Sold 3 times: first on 16 August 2009 for AED 1,758,888, last on 27 August 2019 for AED 2,000,000 (AED 1,233 per sqft).
- Rented since March 2016 on one Ejari contract, at AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2019 price is 8.5%, before a service charge of about AED 31,100 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 27 August 2019.
Questions about 1401, South Ridge Towers 2
What did unit 1401 last sell for?
AED 2,000,000 on 27 August 2019: AED 1,233 per sqft for 1,622 sqft. The unit has 3 registered sales; the first was AED 1,758,888 in August 2009.
What is the rent for unit 1401?
AED 170,000 a year on the contract signed on 8 March 2016.
How big is unit 1401?
1,622 sqft (150.7 sqm): a two-bedroom apartment on the 14th floor of a 33-storey tower completed in 2008.
What is unit 1401 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 1401, South Ridge Towers 2
Starts from the last sale price (AED 2M, 27 August 2019). 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 →