1-bed · 1,072 sqftSouth Ridge Towers 2, Downtown Dubai · 2nd floor · completed 2008

203, South Ridge Towers 2

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 27 December 2025
Last soldAED 1.43M7 March 2024
Current rentAED 98K /yr27 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, South Ridge Towers 2

What is 203 worth today?

Last sold for AED 1,425,000 in 2024

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27 Dec 2025RentedRenewal
AED 97,650/yr12 months · AED 91 per sqft
27 Dec 2024RentedNew contract
AED 93,000/yr12 months · AED 87 per sqft
10 Mar 2024RentedNew contract
AED 86,270/yr10 months · AED 80 per sqft
7 Mar 2024SoldReady
AED 1,425,000AED 1,329 per sqft
10 Mar 2023RentedNew contract
AED 82,000/yr12 months · AED 76 per sqft
10 Mar 2020RentedNew contract
AED 70,000/yr12 months · AED 65 per sqft
12 Dec 2019SoldReady
AED 935,000AED 872 per sqft
31 Oct 2018RentedRenewal
AED 90,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 27 December 2025.

Key facts

Type
1-bed apartment
Size
1,072 sqft
Floor
2nd of 33
Parking
B1-218
Developer
Emaar
Completed
2008
Service charge
AED 20,600 /yr
Last sold
AED 1.43M · March 2024

About 203, South Ridge Towers 2

203 is a one-bedroom apartment of 1,072 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 7 March 2024 for AED 1,425,000, or AED 1,329 per sqft, 6% below the AED 1,410 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 27 December 2025, is AED 97,650 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 20,600 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, May 2010: AED 850,888 (AED 793 per sqft)Sold, December 2019: AED 935,000 (AED 872 per sqft)Sold, March 2024: AED 1,425,000 (AED 1,329 per sqft)

203 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 203, each contractTypical one-bed in South Ridge Towers 2
75K100K2012201620202024Typical 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, September 2013: AED 72,597 a yearNew contract, November 2014: AED 90,000 a yearNew contract, November 2016: AED 95,000 a yearRenewal, November 2017: AED 95,256 a yearRenewal, October 2018: AED 90,000 a yearNew contract, March 2020: AED 70,000 a yearNew contract, March 2023: AED 82,000 a yearNew contract, March 2024: AED 86,270 a yearNew contract, December 2024: AED 93,000 a yearRenewal, December 2025: AED 97,650 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 203 sits

All 95 1-beds →

203 last sold in March 2024 at AED 1,329 per sqft, 6% below what one-beds in South Ridge Towers 2 were fetching at the time (AED 1,410). 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. 203's AED 97,650 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
2011-bedAED 1.8M · Jun 2013
2022-bedAED 1.66M · Mar 2013
2041-bedAED 27K · Aug 2026
2051-bedAED 2.53M · Apr 2014

203, South Ridge Towers 2 in numbers

  • Sold 3 times: first on 6 May 2010 for AED 850,888, last on 7 March 2024 for AED 1,425,000 (AED 1,329 per sqft).
  • Rented since September 2013 on 10 Ejari contracts, from AED 72,597 to AED 97,650 a year.
  • At AED 97,650 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 20,600 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 27 December 2025.

Questions about 203, South Ridge Towers 2

What did unit 203 last sell for?

AED 1,425,000 on 7 March 2024: AED 1,329 per sqft for 1,072 sqft. The unit has 3 registered sales; the first was AED 850,888 in May 2010.

What is the rent for unit 203?

AED 97,650 a year on the contract renewed on 27 December 2025. The previous contract, from December 2024, was AED 93,000; the unit has been rented since September 2013.

How big is unit 203?

1,072 sqft (99.6 sqm): a one-bedroom apartment on the 2nd floor of a 33-storey tower completed in 2008.

What is unit 203 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 203, South Ridge Towers 2

Starts from the last sale price (AED 1.43M, 7 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,425,000
Deposit, UAE resident (20%)
AED 285,000
Deposit, non-resident (40%)
AED 570,000
Monthly over 25 years at 3.7%
AED 5,830

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