1503, South Ridge Towers 2
Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, South Ridge Towers 2
What is 1503 worth today?
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Source: Dubai Land Department. Updated 30 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,129 sqft
- Floor
- 15th of 33
- Parking
- B1-213
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 21,600 /yr
- Last sold
- AED 961K · March 2009
- Building
- South Ridge Towers 2
About 1503, South Ridge Towers 2
1503 is a one-bedroom apartment of 1,129 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 18 March 2009 for AED 960,888, or AED 851 per sqft, 4% below the AED 891 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, renewed on 30 September 2026, is AED 105,000 a year: a gross yield of 10.9% on the 2009 price, before the service charge of about AED 21,600 a year.
Sales and rents for 1503 over time
1503 has sold once; the dashed line is the one-bed median of each year in the building.
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 1503 sits
All 95 1-beds →1503 last sold in March 2009 at AED 851 per sqft, 4% 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. 1503's AED 105,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 936 sqft | 1,700,000 | 1,816 | ||
| 1 Oct 20261 October 2026 | 1,089 sqft | 2,000,000 | 1,836 | ||
| 5 Aug 20265 August 2026 | 875 sqft | 26,811 | 30 | ||
| 13 Jul 202613 July 2026 | 936 sqft | 1,700,000 | 1,816 |
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 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,622 sqft | AED 1.77MAED 1,769,888 · Sep 2025September 2025 | ||
| 1502 | 2-bed | 1,679 sqft | AED 1.65MAED 1,653,888 · Mar 2010March 2010 | 161,085 /yr | |
| 1504 | 1-bed | 936 sqft | AED 1.3MAED 1,300,000 · Jan 2023January 2023 | 115,000 /yr | |
| 1505 | 1-bed | 1,089 sqft | AED 1.83MAED 1,825,000 · Jun 2023June 2023 | 93,000 /yr |
1503, South Ridge Towers 2 in numbers
- Sold once: by Emaar on 18 March 2009 for AED 960,888, or AED 851 per sqft.
- Rented since May 2018 on 10 Ejari contracts. The rent fell from AED 95,000 to AED 75,000 in 2021 and recovered to AED 105,000 by September 2026.
- At AED 105,000 a year the gross yield on the 2009 price is 10.9%, 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 30 September 2026.
Questions about 1503, South Ridge Towers 2
What did unit 1503 last sell for?
AED 960,888 on 18 March 2009, sold by the developer: AED 851 per sqft for 1,129 sqft. It is the only registered sale of the unit.
What is the rent for unit 1503?
AED 105,000 a year on the contract renewed on 30 September 2026. The previous contract, from September 2025, was AED 105,000; the unit has been rented since May 2018.
How big is unit 1503?
1,129 sqft (104.9 sqm): a one-bedroom apartment on the 15th floor of a 33-storey tower completed in 2008.
What is unit 1503 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 1503, South Ridge Towers 2
Starts from the last sale price (AED 961K, 18 March 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 960,888
- Deposit, UAE resident (20%)
- AED 192,178
- Deposit, non-resident (40%)
- AED 384,355
- Monthly over 25 years at 3.7%
- AED 3,931
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →