1701, South Ridge Towers 2
Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1701, South Ridge Towers 2
What is 1701 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 5 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,622 sqft
- Floor
- 17th of 33
- Parking
- L1-071
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 31,100 /yr
- Last sold
- AED 1.9M · March 2011
- Building
- South Ridge Towers 2
About 1701, South Ridge Towers 2
1701 is a two-bedroom apartment of 1,622 sqft on the 17th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 14 March 2011 for AED 1,904,888, or AED 1,174 per sqft, 7% above the AED 1,099 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 5 December 2023, is AED 132,000 a year: a gross yield of 6.9% on the 2011 price, before the service charge of about AED 31,100 a year.
Sales and rents for 1701 over time
1701 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 1701 sits
All 61 2-beds →1701 last sold in March 2011 at AED 1,174 per sqft, 7% above what two-beds in South Ridge Towers 2 were fetching at the time (AED 1,099). 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. 1701's AED 132,000 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 17th floor
All 158 units in South Ridge Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1702 | 2-bed | 1,679 sqft | AED 3MAED 3,000,000 · Jan 2024January 2024 | 207,273 /yr | |
| 1703 | 1-bed | 1,129 sqft | AED 1.09MAED 1,085,000 · Nov 2009November 2009 | 136,000 /yr | |
| 1704 | 1-bed | 936 sqft | AED 2.47MAED 2,469,888 · Nov 2010November 2010 | 95,000 /yr | |
| 1705 | 1-bed | 1,089 sqft | AED 980KAED 980,000 · Sep 2011September 2011 | 115,000 /yr |
1701, South Ridge Towers 2 in numbers
- Sold once: by Emaar on 14 March 2011 for AED 1,904,888, or AED 1,174 per sqft.
- Rented since May 2015 on 10 Ejari contracts. The rent fell from AED 180,000 to AED 115,000 in 2020 and recovered to AED 132,000 by December 2023.
- At AED 132,000 a year the gross yield on the 2011 price is 6.9%, 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 5 December 2023.
Questions about 1701, South Ridge Towers 2
What did unit 1701 last sell for?
AED 1,904,888 on 14 March 2011, sold by the developer: AED 1,174 per sqft for 1,622 sqft. It is the only registered sale of the unit.
What is the rent for unit 1701?
AED 132,000 a year on the contract renewed on 5 December 2023. The previous contract, from December 2022, was AED 120,000; the unit has been rented since May 2015.
How big is unit 1701?
1,622 sqft (150.7 sqm): a two-bedroom apartment on the 17th floor of a 33-storey tower completed in 2008.
What is unit 1701 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.
Selling 1701? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1701, South Ridge Towers 2
Starts from the last sale price (AED 1.9M, 14 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,904,888
- Deposit, UAE resident (20%)
- AED 380,978
- Deposit, non-resident (40%)
- AED 761,955
- Monthly over 25 years at 3.7%
- AED 7,793
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →