1-bed · 1,129 sqftSouth Ridge Towers 2, Downtown Dubai · 14th floor · completed 2008

1403, South Ridge Towers 2

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 19 April 2026
Last soldAED 956K3 March 2009
Current rentAED 110K /yr19 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, South Ridge Towers 2

What is 1403 worth today?

Last sold for AED 955,888 in 2009

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19 Apr 2026RentedRenewal
AED 110,000/yr12 months · AED 97 per sqft
19 Apr 2025RentedNew contract
AED 110,000/yr12 months · AED 97 per sqft
19 Apr 2025RentedNew contract
AED 110,000/yr12 months · AED 97 per sqft
19 Sep 2024RentedRenewal
AED 86,515/yr12 months · AED 77 per sqft
19 Sep 2023RentedRenewal
AED 78,650/yr12 months · AED 70 per sqft
19 Sep 2022RentedRenewal
AED 71,500/yr12 months · AED 64 per sqft
19 Sep 2021RentedRenewal
AED 65,000/yr12 months · AED 58 per sqft
19 Sep 2020RentedNew contract
AED 65,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 19 April 2026.

Key facts

Type
1-bed apartment
Size
1,129 sqft
Floor
14th of 33
Parking
B1-276
Developer
Emaar
Completed
2008
Service charge
AED 21,600 /yr
Last sold
AED 956K · March 2009

About 1403, South Ridge Towers 2

1403 is a one-bedroom apartment of 1,129 sqft on the 14th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 3 March 2009 for AED 955,888, or AED 846 per sqft, 5% below the AED 891 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 19 April 2026, is AED 110,000 a year: a gross yield of 11.5% on the 2009 price, before the service charge of about AED 21,600 a year.

Sales and rents for 1403 over time

Sales
Unit 1403, each saleTypical one-bed in South Ridge Towers 2
1M2M2009201420192024Typical sale price by year: 2009 AED 963,552; 2010 AED 857,888; 2011 AED 778,060; 2012 AED 1,102,500; 2013 AED 1,390,000; 2014 AED 1,935,000; 2015 AED 1,900,000; 2016 AED 1,612,500; 2017 AED 1,630,000; 2018 AED 1,510,000; 2019 AED 935,000; 2020 AED 1,100,000; 2021 AED 1,200,000; 2022 AED 1,410,000; 2023 AED 1,480,000; 2024 AED 1,650,000; 2025 AED 2,080,000; 2026 AED 1,750,000Sold by developer, March 2009: AED 955,888 (AED 846 per sqft)

1403 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1403, each contractTypical one-bed in South Ridge Towers 2
75K100K2012201620202024Typical rent by year: 2012 AED 77,500; 2013 AED 90,000; 2014 AED 107,000; 2015 AED 115,000; 2016 AED 115,000; 2017 AED 107,000; 2018 AED 97,500; 2019 AED 90,000; 2020 AED 80,000; 2021 AED 75,000; 2022 AED 82,975; 2023 AED 91,375; 2024 AED 101,750; 2025 AED 112,625; 2026 AED 115,000New contract, September 2020: AED 65,000 a yearRenewal, September 2021: AED 65,000 a yearRenewal, September 2022: AED 71,500 a yearRenewal, September 2023: AED 78,650 a yearRenewal, September 2024: AED 86,515 a yearNew contract, April 2025: AED 110,000 a yearNew contract, April 2025: AED 110,000 a yearRenewal, April 2026: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in South Ridge Towers 2, and where 1403 sits

All 95 1-beds →

1403 last sold in March 2009 at AED 846 per sqft, 5% below what one-beds in South Ridge Towers 2 were fetching at the time (AED 891). Over the last 12 months one-beds sold for AED 1,700,000 to 2,000,000, around AED 1,816 per sqft, and rent for AED 85,000 to 290,000 a year. 1403's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 20261,700,000
1 Oct 20262,000,000
5 Aug 202626,811
13 Jul 20261,700,000
6 1-bed sales in the last 12 months

South Ridge Towers 2

Building

158 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%
South Ridge Towers 2, Downtown Dubai: prices, sales and rents →

Other units on the 14th floor

All 158 units in South Ridge Towers 2
Value
14012-bedAED 2M · Aug 2019
14022-bedAED 2.2M · May 2012
14041-bedAED 1.7M · Nov 2013
14051-bedAED 1.8M · Jun 2026

1403, South Ridge Towers 2 in numbers

  • Sold once: by Emaar on 3 March 2009 for AED 955,888, or AED 846 per sqft.
  • Rented since September 2020 on 8 Ejari contracts, from AED 65,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2009 price is 11.5%, before a service charge of about AED 21,600 a year (AED 19.17 per sqft).
  • One-beds in South Ridge Towers 2 sold for AED 1,700,000–2,000,000 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 19 April 2026.

Questions about 1403, South Ridge Towers 2

What did unit 1403 last sell for?

AED 955,888 on 3 March 2009, sold by the developer: AED 846 per sqft for 1,129 sqft. It is the only registered sale of the unit.

What is the rent for unit 1403?

AED 110,000 a year on the contract renewed on 19 April 2026. The previous contract, from April 2025, was AED 110,000; the unit has been rented since September 2020.

How big is unit 1403?

1,129 sqft (104.9 sqm): a one-bedroom apartment on the 14th floor of a 33-storey tower completed in 2008.

What is unit 1403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in South Ridge Towers 2 sold for AED 1,700,000 to 2,000,000 in the last 12 months, around AED 1,816 per sqft.

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Mortgage on 1403, South Ridge Towers 2

Starts from the last sale price (AED 956K, 3 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 955,888
Deposit, UAE resident (20%)
AED 191,178
Deposit, non-resident (40%)
AED 382,355
Monthly over 25 years at 3.7%
AED 3,911

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →