1502, South Ridge Towers 2
Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1502, South Ridge Towers 2
What is 1502 worth today?
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Source: Dubai Land Department. Updated 8 November 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,679 sqft
- Floor
- 15th of 33
- Parking
- B2-171
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 32,200 /yr
- Last sold
- AED 1.65M · March 2010
- Building
- South Ridge Towers 2
About 1502, South Ridge Towers 2
1502 is a two-bedroom apartment of 1,679 sqft on the 15th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 21 March 2010 for AED 1,653,888, or AED 985 per sqft, 8% below the AED 1,075 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 15 Ejari contracts. The current contract, renewed on 8 November 2026, is AED 161,085 a year: a gross yield of 9.7% on the 2010 price, before the service charge of about AED 32,200 a year.
Sales and rents for 1502 over time
1502 has sold once; 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 1502 sits
All 61 2-beds →1502 last sold in March 2010 at AED 985 per sqft, 8% below what two-beds in South Ridge Towers 2 were fetching at the time (AED 1,075). 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. 1502's AED 161,085 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 15th floor
All 158 units in South Ridge Towers 21502, South Ridge Towers 2 in numbers
- Sold once: by Emaar on 21 March 2010 for AED 1,653,888, or AED 985 per sqft.
- Rented since June 2013 on 15 Ejari contracts. The rent fell from AED 160,000 to AED 112,000 in 2020 and recovered to AED 161,085 by November 2026.
- At AED 161,085 a year the gross yield on the 2010 price is 9.7%, 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 8 November 2026.
Questions about 1502, South Ridge Towers 2
What did unit 1502 last sell for?
AED 1,653,888 on 21 March 2010, sold by the developer: AED 985 per sqft for 1,679 sqft. It is the only registered sale of the unit.
What is the rent for unit 1502?
AED 161,085 a year on the contract renewed on 8 November 2026. The previous contract, from November 2025, was AED 153,414; the unit has been rented since June 2013.
How big is unit 1502?
1,679 sqft (156.0 sqm): a two-bedroom apartment on the 15th floor of a 33-storey tower completed in 2008.
What is unit 1502 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 1502, South Ridge Towers 2
Starts from the last sale price (AED 1.65M, 21 March 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,653,888
- Deposit, UAE resident (20%)
- AED 330,778
- Deposit, non-resident (40%)
- AED 661,555
- Monthly over 25 years at 3.7%
- AED 6,767
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →