2202, South Ridge Towers 2
Sold prices and rental history: sold twice, last in February 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2202, South Ridge Towers 2
What is 2202 worth today?
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Source: Dubai Land Department. Updated 7 February 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,679 sqft
- Floor
- 22nd of 33
- Parking
- B1-117
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 32,200 /yr
- Last sold
- AED 2.45M · February 2022
- Building
- South Ridge Towers 2
About 2202, South Ridge Towers 2
2202 is a two-bedroom apartment of 1,679 sqft on the 22nd floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 7 February 2022 for AED 2,450,000, or AED 1,459 per sqft, 17% above the AED 1,250 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 12 May 2021, is AED 110,000 a year: a gross yield of 4.5% on the 2022 price, before the service charge of about AED 32,200 a year.
Sales and rents for 2202 over time
2202 has sold twice; the dashed line is the two-bed median of each year in the building.
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 2202 sits
All 61 2-beds →2202 last sold in February 2022 at AED 1,459 per sqft, 17% above what two-beds in South Ridge Towers 2 were fetching at the time (AED 1,250). 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. 2202's AED 110,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Sep 202614 September 2026 | 1,622 sqft | 3,750,000 | 2,311 | ||
| 7 Aug 20267 August 2026 | 1,622 sqft | 4,000,000 | 2,466 | ||
| 29 Apr 202629 April 2026 | 1,622 sqft | 3,700,000 | 2,281 | ||
| 26 Feb 202626 February 2026 | 1,622 sqft | 3,475,000 | 2,142 |
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 22nd floor
All 158 units in South Ridge Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | 2-bed | 1,622 sqft | AED 3.2MAED 3,200,000 · Jul 2013July 2013 | 190,000 /yr | |
| 2203 | 1-bed | 1,129 sqft | AED 1.95MAED 1,950,000 · Jun 2024June 2024 | 136,517 /yr | |
| 2204 | 1-bed | 936 sqft | AED 833KAED 832,888 · Apr 2010April 2010 | 120,000 /yr | |
| 2205 | 1-bed | 1,089 sqft | AED 1.93MAED 1,925,000 · Feb 2014February 2014 | 90,000 /yr |
2202, South Ridge Towers 2 in numbers
- Sold twice: first on 12 April 2011 for AED 916,444, last on 7 February 2022 for AED 2,450,000 (AED 1,459 per sqft).
- Rented since September 2012 on 11 Ejari contracts, from AED 120,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2022 price is 4.5%, before a service charge of about AED 32,200 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 7 February 2022.
Questions about 2202, South Ridge Towers 2
What did unit 2202 last sell for?
AED 2,450,000 on 7 February 2022: AED 1,459 per sqft for 1,679 sqft. The unit has 2 registered sales; the first was AED 916,444 in April 2011.
What is the rent for unit 2202?
AED 110,000 a year on the contract renewed on 12 May 2021. The previous contract, from May 2020, was AED 110,000; the unit has been rented since September 2012.
How big is unit 2202?
1,679 sqft (156.0 sqm): a two-bedroom apartment on the 22nd floor of a 33-storey tower completed in 2008.
What is unit 2202 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 2202, South Ridge Towers 2
Starts from the last sale price (AED 2.45M, 7 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,450,000
- Deposit, UAE resident (20%)
- AED 490,000
- Deposit, non-resident (40%)
- AED 980,000
- Monthly over 25 years at 3.7%
- AED 10,024
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →