2-bed · 1,622 sqftSouth Ridge Towers 2, Downtown Dubai · 21st floor · completed 2008

2101, South Ridge Towers 2

Sold prices and rental history: sold 4 times, last in May 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2101 · DLD and Ejari recordsUpdated 19 May 2022
Last soldAED 2.55M19 May 2022
Current rentAED 135K /yr1 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2101, South Ridge Towers 2

What is 2101 worth today?

Last sold for AED 2,550,000 in 2022

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19 May 2022SoldReady
AED 2,550,000AED 1,572 per sqft
1 Jun 2019RentedNew contract
AED 135,000/yr12 months · AED 83 per sqft
1 Apr 2018RentedNew contract
AED 165,000/yr12 months · AED 102 per sqft
1 Mar 2017RentedRenewal
AED 180,000/yr12 months · AED 111 per sqft
1 Mar 2016RentedNew contract
AED 180,000/yr12 months · AED 111 per sqft
25 Feb 2015RentedNew contract
AED 180,000/yr12 months · AED 111 per sqft
13 Nov 2014SoldReady
AED 4,250,000AED 2,620 per sqft
9 Jan 2011Sold by developerReady
AED 1,900,000AED 1,171 per sqft

Source: Dubai Land Department. Updated 19 May 2022.

Key facts

Type
2-bed apartment
Size
1,622 sqft
Floor
21st of 33
Parking
L1-070
Developer
Emaar
Completed
2008
Service charge
AED 31,100 /yr
Last sold
AED 2.55M · May 2022

About 2101, South Ridge Towers 2

2101 is a two-bedroom apartment of 1,622 sqft on the 21st floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 19 May 2022 for AED 2,550,000, or AED 1,572 per sqft, 4% above the AED 1,516 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 1 June 2019, is AED 135,000 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 31,100 a year.

Sales and rents for 2101 over time

Sales
Unit 2101, 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, January 2011: AED 1,900,000 (AED 1,171 per sqft)Sold, January 2011: AED 1,950,888 (AED 1,202 per sqft)Sold, November 2014: AED 4,250,000 (AED 2,620 per sqft)Sold, May 2022: AED 2,550,000 (AED 1,572 per sqft)

2101 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2101, each contractTypical two-bed in South Ridge Towers 2
150K2012201620202024Typical 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, February 2015: AED 180,000 a yearNew contract, March 2016: AED 180,000 a yearRenewal, March 2017: AED 180,000 a yearNew contract, April 2018: AED 165,000 a yearNew contract, June 2019: AED 135,000 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 2101 sits

All 61 2-beds →

2101 last sold in May 2022 at AED 1,572 per sqft, 4% above what two-beds in South Ridge Towers 2 were fetching at the time (AED 1,516). 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. 2101's AED 135,000 is at the bottom 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 21st floor

All 158 units in South Ridge Towers 2
Value
21022-bedAED 1.9M · Apr 2011
21031-bedAED 800K · Jul 2023
21041-bedAED 1.5M · May 2024
21051-bedAED 1.88M · Sep 2023

2101, South Ridge Towers 2 in numbers

  • Sold 4 times: first on 9 January 2011 for AED 1,950,888, last on 19 May 2022 for AED 2,550,000 (AED 1,572 per sqft).
  • Rented since February 2015 on 5 Ejari contracts, from AED 180,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2022 price is 5.3%, before a service charge of about AED 31,100 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 19 May 2022.

Questions about 2101, South Ridge Towers 2

What did unit 2101 last sell for?

AED 2,550,000 on 19 May 2022: AED 1,572 per sqft for 1,622 sqft. The unit has 4 registered sales; the first was AED 1,950,888 in January 2011.

What is the rent for unit 2101?

AED 135,000 a year on the contract signed on 1 June 2019. The previous contract, from April 2018, was AED 165,000; the unit has been rented since February 2015.

How big is unit 2101?

1,622 sqft (150.7 sqm): a two-bedroom apartment on the 21st floor of a 33-storey tower completed in 2008.

What is unit 2101 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 2101, South Ridge Towers 2

Starts from the last sale price (AED 2.55M, 19 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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