2-bed · 1,679 sqftSouth Ridge Towers 2, Downtown Dubai · 17th floor · completed 2008

1702, South Ridge Towers 2

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 3M5 January 2024
Current rentAED 207K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, South Ridge Towers 2

What is 1702 worth today?

Last sold for AED 3,000,000 in 2024

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15 Oct 2026RentedRenewal
AED 207,273/yr12 months · AED 124 per sqft
15 Oct 2025RentedNew contract
AED 190,000/yr12 months · AED 113 per sqft
13 Jun 2025RentedRenewal
AED 170,000/yr6 months · AED 102 per sqft
13 Jun 2025RentedRenewal
AED 170,000/yr6 months · AED 102 per sqft
13 Jun 2024RentedRenewal
AED 156,000/yr12 months · AED 94 per sqft
5 Jan 2024SoldReady
AED 3,000,000AED 1,786 per sqft
13 Jun 2023RentedRenewal
AED 141,000/yr12 months · AED 84 per sqft
13 Jun 2022RentedNew contract
AED 141,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
2-bed apartment
Size
1,679 sqft
Floor
17th of 33
Parking
B1-201
Developer
Emaar
Completed
2008
Service charge
AED 32,200 /yr
Last sold
AED 3M · January 2024

About 1702, South Ridge Towers 2

1702 is a two-bedroom apartment of 1,679 sqft on the 17th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 5 January 2024 for AED 3,000,000, or AED 1,786 per sqft, 6% above the AED 1,689 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 16 Ejari contracts. The current contract, renewed on 15 October 2026, is AED 207,273 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 32,200 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, each saleTypical two-bed in South Ridge Towers 2
2M4M2009201420192024Typical sale price by year: 2009 AED 1,779,444; 2010 AED 1,726,175; 2011 AED 1,899,888; 2012 AED 2,200,000; 2013 AED 2,865,000; 2014 AED 4,100,000; 2022 AED 2,550,000; 2023 AED 2,750,000; 2024 AED 3,100,000; 2025 AED 3,250,000; 2026 AED 3,725,000Sold by developer, February 2009: AED 1,673,888 (AED 996 per sqft)Sold, January 2024: AED 3,000,000 (AED 1,786 per sqft)

1702 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1702, each contractTypical two-bed in South Ridge Towers 2
100K150K200K2012201620202024Typical rent by year: 2012 AED 135,000; 2013 AED 150,000; 2014 AED 168,000; 2015 AED 168,531; 2016 AED 170,000; 2017 AED 165,000; 2018 AED 150,000; 2019 AED 135,000; 2020 AED 115,000; 2021 AED 120,000; 2022 AED 129,250; 2023 AED 147,000; 2024 AED 175,000; 2025 AED 180,000; 2026 AED 180,000New contract, June 2012: AED 135,000 a yearNew contract, June 2014: AED 162,500 a yearRenewal, June 2015: AED 162,500 a yearRenewal, June 2016: AED 162,500 a yearRenewal, June 2017: AED 162,500 a yearRenewal, June 2018: AED 157,500 a yearRenewal, June 2019: AED 150,000 a yearRenewal, June 2020: AED 138,000 a yearRenewal, June 2021: AED 131,000 a yearNew contract, June 2022: AED 141,000 a yearRenewal, June 2023: AED 141,000 a yearRenewal, June 2024: AED 156,000 a yearRenewal, June 2025: AED 170,000 a yearRenewal, June 2025: AED 170,000 a yearNew contract, October 2025: AED 190,000 a yearRenewal, October 2026: AED 207,273 a year

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 1702 sits

All 61 2-beds →

1702 last sold in January 2024 at AED 1,786 per sqft, 6% above what two-beds in South Ridge Towers 2 were fetching at the time (AED 1,689). 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. 1702's AED 207,273 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Sep 20263,750,000
7 Aug 20264,000,000
29 Apr 20263,700,000
26 Feb 20263,475,000
4 2-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 17th floor

All 158 units in South Ridge Towers 2
Value
17012-bedAED 1.9M · Mar 2011
17031-bedAED 1.09M · Nov 2009
17041-bedAED 2.47M · Nov 2010
17051-bedAED 980K · Sep 2011

1702, South Ridge Towers 2 in numbers

  • Sold twice: first on 24 February 2009 for AED 1,673,888, last on 5 January 2024 for AED 3,000,000 (AED 1,786 per sqft).
  • Rented since June 2012 on 16 Ejari contracts, from AED 135,000 to AED 207,273 a year.
  • At AED 207,273 a year the gross yield on the 2024 price is 6.9%, 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 15 October 2026.

Questions about 1702, South Ridge Towers 2

What did unit 1702 last sell for?

AED 3,000,000 on 5 January 2024: AED 1,786 per sqft for 1,679 sqft. The unit has 2 registered sales; the first was AED 1,673,888 in February 2009.

What is the rent for unit 1702?

AED 207,273 a year on the contract renewed on 15 October 2026. The previous contract, from October 2025, was AED 190,000; the unit has been rented since June 2012.

How big is unit 1702?

1,679 sqft (156.0 sqm): a two-bedroom apartment on the 17th floor of a 33-storey tower completed in 2008.

What is unit 1702 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 1702, South Ridge Towers 2

Starts from the last sale price (AED 3M, 5 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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