1-bed · 1,931 sqftSouth Ridge Towers 2, Downtown Dubai · 2nd floor · completed 2008

201, South Ridge Towers 2

Sold prices and rental history: sold twice, last in June 2013, and rented once, from October 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 9 October 2018
Last soldAED 1.8M4 June 2013
Current rentAED 110K /yr9 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, South Ridge Towers 2

What is 201 worth today?

Last sold for AED 1,800,000 in 2013

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9 Oct 2018RentedNew contract
AED 110,000/yr12 months · AED 57 per sqft
4 Jun 2013SoldReady
AED 1,800,000AED 932 per sqft
8 Apr 2009Sold by developerReady
AED 1,280,888AED 663 per sqft

Source: Dubai Land Department. Updated 9 October 2018.

Key facts

Type
1-bed apartment
Size
1,931 sqft
Floor
2nd of 33
Parking
B2-128
Developer
Emaar
Completed
2008
Service charge
AED 37,000 /yr
Last sold
AED 1.8M · June 2013

About 201, South Ridge Towers 2

201 is a one-bedroom apartment of 1,931 sqft on the 2nd floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 4 June 2013 for AED 1,800,000, or AED 932 per sqft, 13% below the AED 1,071 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 9 October 2018. The current contract, signed on 9 October 2018, is AED 110,000 a year: a gross yield of 6.1% on the 2013 price, before the service charge of about AED 37,000 a year.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical one-bed in South Ridge Towers 2
1M2M2009201420192024Typical sale price by year: 2009 AED 963,552; 2010 AED 857,888; 2011 AED 778,060; 2012 AED 1,102,500; 2013 AED 1,390,000; 2014 AED 1,935,000; 2015 AED 1,900,000; 2016 AED 1,612,500; 2017 AED 1,630,000; 2018 AED 1,510,000; 2019 AED 935,000; 2020 AED 1,100,000; 2021 AED 1,200,000; 2022 AED 1,410,000; 2023 AED 1,480,000; 2024 AED 1,650,000; 2025 AED 2,080,000; 2026 AED 1,750,000Sold by developer, April 2009: AED 1,280,888 (AED 663 per sqft)Sold, June 2013: AED 1,800,000 (AED 932 per sqft)

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

Rents
Unit 201, each contractTypical one-bed in South Ridge Towers 2
80K100K120K2012201620202024Typical rent by year: 2012 AED 77,500; 2013 AED 90,000; 2014 AED 107,000; 2015 AED 115,000; 2016 AED 115,000; 2017 AED 107,000; 2018 AED 97,500; 2019 AED 90,000; 2020 AED 80,000; 2021 AED 75,000; 2022 AED 82,975; 2023 AED 91,375; 2024 AED 101,750; 2025 AED 112,625; 2026 AED 115,000New contract, October 2018: AED 110,000 a year

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 201 sits

All 95 1-beds →

201 last sold in June 2013 at AED 932 per sqft, 13% below what one-beds in South Ridge Towers 2 were fetching at the time (AED 1,071). 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. 201's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 20261,700,000
1 Oct 20262,000,000
5 Aug 202626,811
13 Jul 20261,700,000
6 1-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 2nd floor

All 158 units in South Ridge Towers 2
Value
2022-bedAED 1.66M · Mar 2013
2031-bedAED 1.43M · Mar 2024
2041-bedAED 27K · Aug 2026
2051-bedAED 2.53M · Apr 2014

201, South Ridge Towers 2 in numbers

  • Sold twice: first on 8 April 2009 for AED 1,280,888, last on 4 June 2013 for AED 1,800,000 (AED 932 per sqft).
  • Rented since October 2018 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2013 price is 6.1%, before a service charge of about AED 37,000 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 9 October 2018.

Questions about 201, South Ridge Towers 2

What did unit 201 last sell for?

AED 1,800,000 on 4 June 2013: AED 932 per sqft for 1,931 sqft. The unit has 2 registered sales; the first was AED 1,280,888 in April 2009.

What is the rent for unit 201?

AED 110,000 a year on the contract signed on 9 October 2018.

How big is unit 201?

1,931 sqft (179.4 sqm): a one-bedroom apartment on the 2nd floor of a 33-storey tower completed in 2008.

What is unit 201 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 201, South Ridge Towers 2

Starts from the last sale price (AED 1.8M, 4 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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