1703, South Ridge Towers 2
Sold prices and rental history: sold twice, last in November 2009, 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 1703, South Ridge Towers 2
What is 1703 worth today?
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Source: Dubai Land Department. Updated 10 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,129 sqft
- Floor
- 17th of 33
- Parking
- B2-208
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 21,600 /yr
- Last sold
- AED 971K · November 2009
- Building
- South Ridge Towers 2
About 1703, South Ridge Towers 2
1703 is a one-bedroom apartment of 1,129 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 18 November 2009 for AED 970,888, or AED 859 per sqft, 3% below the AED 887 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 10 December 2024, is AED 136,000 a year: a gross yield of 14.0% on the 2009 price, before the service charge of about AED 21,600 a year.
Sales and rents for 1703 over time
1703 has sold twice; 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 1703 sits
All 95 1-beds →1703 last sold in November 2009 at AED 859 per sqft, 3% below what one-beds in South Ridge Towers 2 were fetching at the time (AED 887). 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. 1703's AED 136,000 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 17th floor
All 158 units in South Ridge Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,622 sqft | AED 1.9MAED 1,904,888 · Mar 2011March 2011 | 132,000 /yr | |
| 1702 | 2-bed | 1,679 sqft | AED 3MAED 3,000,000 · Jan 2024January 2024 | 207,273 /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 |
1703, South Ridge Towers 2 in numbers
- Sold twice: first on 18 November 2009 for AED 1,085,000, last on 18 November 2009 for AED 970,888 (AED 859 per sqft).
- Rented since August 2013 on 6 Ejari contracts. The rent fell from AED 102,000 to AED 36,667 in 2020 and recovered to AED 136,000 by December 2024.
- At AED 136,000 a year the gross yield on the 2009 price is 14.0%, 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 10 December 2024.
Questions about 1703, South Ridge Towers 2
What did unit 1703 last sell for?
AED 970,888 on 18 November 2009, sold by the developer: AED 859 per sqft for 1,129 sqft. The unit has 2 registered sales; the first was AED 1,085,000 in November 2009.
What is the rent for unit 1703?
AED 136,000 a year on the contract renewed on 10 December 2024. The previous contract, from December 2023, was AED 136,000; the unit has been rented since August 2013.
How big is unit 1703?
1,129 sqft (104.9 sqm): a one-bedroom apartment on the 17th floor of a 33-storey tower completed in 2008.
What is unit 1703 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 1703, South Ridge Towers 2
Starts from the last sale price (AED 971K, 18 November 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 970,888
- Deposit, UAE resident (20%)
- AED 194,178
- Deposit, non-resident (40%)
- AED 388,355
- Monthly over 25 years at 3.7%
- AED 3,972
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →