1803, South Ridge Towers 2
Sold prices and rental history: sold twice, last in September 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1803, South Ridge Towers 2
What is 1803 worth today?
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Source: Dubai Land Department. Updated 20 September 2015.
Key facts
- Type
- 1-bed apartment
- Size
- 1,129 sqft
- Floor
- 18th of 33
- Parking
- B2-122
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 21,600 /yr
- Last sold
- AED 1.9M · September 2015
- Building
- South Ridge Towers 2
About 1803, South Ridge Towers 2
1803 is a one-bedroom apartment of 1,129 sqft on the 18th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 20 September 2015 for AED 1,900,000, or AED 1,682 per sqft, 12% above the AED 1,505 one-beds in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 25 January 2015, is AED 122,000 a year: a gross yield of 6.4% on the 2015 price, before the service charge of about AED 21,600 a year.
Sales and rents for 1803 over time
1803 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 1803 sits
All 95 1-beds →1803 last sold in September 2015 at AED 1,682 per sqft, 12% above what one-beds in South Ridge Towers 2 were fetching at the time (AED 1,505). 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. 1803's AED 122,000 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 18th floor
All 158 units in South Ridge Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1801 | 2-bed | 1,622 sqft | AED 2.61MAED 2,608,888 · Jun 2010June 2010 | 205,000 /yr | |
| 1802 | 2-bed | 1,679 sqft | AED 1.74MAED 1,735,888 · Feb 2010February 2010 | 175,000 /yr | |
| 1804 | 1-bed | 936 sqft | AED 812KAED 811,888 · Jun 2010June 2010 | 87,285 /yr | |
| 1805 | 1-bed | 1,089 sqft | AED 2MAED 2,000,000 · Oct 2026October 2026 | 97,800 /yr |
1803, South Ridge Towers 2 in numbers
- Sold twice: first on 19 April 2012 for AED 488,444, last on 20 September 2015 for AED 1,900,000 (AED 1,682 per sqft).
- Rented since April 2013 on 3 Ejari contracts, from AED 90,000 to AED 122,000 a year.
- At AED 122,000 a year the gross yield on the 2015 price is 6.4%, 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 20 September 2015.
Questions about 1803, South Ridge Towers 2
What did unit 1803 last sell for?
AED 1,900,000 on 20 September 2015: AED 1,682 per sqft for 1,129 sqft. The unit has 2 registered sales; the first was AED 488,444 in April 2012.
What is the rent for unit 1803?
AED 122,000 a year on the contract signed on 25 January 2015. The previous contract, from April 2014, was AED 105,000; the unit has been rented since April 2013.
How big is unit 1803?
1,129 sqft (104.9 sqm): a one-bedroom apartment on the 18th floor of a 33-storey tower completed in 2008.
What is unit 1803 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 1803, South Ridge Towers 2
Starts from the last sale price (AED 1.9M, 20 September 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,900,000
- Deposit, UAE resident (20%)
- AED 380,000
- Deposit, non-resident (40%)
- AED 760,000
- Monthly over 25 years at 3.7%
- AED 7,773
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →