1402, South Ridge Towers 2
Sold prices and rental history: sold twice, last in May 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1402, South Ridge Towers 2
What is 1402 worth today?
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Source: Dubai Land Department. Updated 20 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,679 sqft
- Floor
- 14th of 33
- Parking
- B1-209
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 32,200 /yr
- Last sold
- AED 2.2M · May 2012
- Building
- South Ridge Towers 2
About 1402, South Ridge Towers 2
1402 is a two-bedroom apartment of 1,679 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 21 May 2012 for AED 2,200,000, or AED 1,310 per sqft, in line with the AED 1,299 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 15 Ejari contracts. The current contract, signed on 20 August 2026, is AED 160,000 a year: a gross yield of 7.3% on the 2012 price, before the service charge of about AED 32,200 a year.
Sales and rents for 1402 over time
1402 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 1402 sits
All 61 2-beds →1402 last sold in May 2012 at AED 1,310 per sqft, in line with what two-beds in South Ridge Towers 2 were fetching at the time (AED 1,299). 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. 1402's AED 160,000 is at the bottom 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 21402, South Ridge Towers 2 in numbers
- Sold twice: first on 21 September 2010 for AED 1,694,888, last on 21 May 2012 for AED 2,200,000 (AED 1,310 per sqft).
- Rented since July 2012 on 15 Ejari contracts. The rent fell from AED 135,000 to AED 115,000 in 2020 and recovered to AED 160,000 by August 2026.
- At AED 160,000 a year the gross yield on the 2012 price is 7.3%, 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 20 August 2026.
Questions about 1402, South Ridge Towers 2
What did unit 1402 last sell for?
AED 2,200,000 on 21 May 2012: AED 1,310 per sqft for 1,679 sqft. The unit has 2 registered sales; the first was AED 1,694,888 in September 2010.
What is the rent for unit 1402?
AED 160,000 a year on the contract signed on 20 August 2026. The previous contract, from March 2026, was AED 180,000; the unit has been rented since July 2012.
How big is unit 1402?
1,679 sqft (156.0 sqm): a two-bedroom apartment on the 14th floor of a 33-storey tower completed in 2008.
What is unit 1402 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 1402, South Ridge Towers 2
Starts from the last sale price (AED 2.2M, 21 May 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →