1-bed · 1,129 sqftSouth Ridge Towers 2, Downtown Dubai · 22nd floor · completed 2008

2203, South Ridge Towers 2

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

Unit 2203 · DLD and Ejari recordsUpdated 10 July 2025
Last soldAED 1.95M7 June 2024
Current rentAED 137K /yr10 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2203, South Ridge Towers 2

What is 2203 worth today?

Last sold for AED 1,950,000 in 2024

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10 Jul 2025RentedRenewal
AED 136,517/yr3 months · AED 121 per sqft
10 Jul 2025RentedRenewal
AED 136,517/yr3 months · AED 121 per sqft
10 Jul 2024RentedNew contract
AED 135,000/yr12 months · AED 120 per sqft
7 Jun 2024SoldReady
AED 1,950,000AED 1,727 per sqft
21 Jun 2023RentedRenewal
AED 130,000/yr12 months · AED 115 per sqft
19 Jun 2022RentedNew contract
AED 109,392/yr12 months · AED 97 per sqft
9 Feb 2021SoldReady
AED 1,100,000AED 974 per sqft
16 Dec 2019RentedNew contract
AED 73,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 10 July 2025.

Key facts

Type
1-bed apartment
Size
1,129 sqft
Floor
22nd of 33
Parking
B1-211
Developer
Emaar
Completed
2008
Service charge
AED 21,600 /yr
Last sold
AED 1.95M · June 2024

About 2203, South Ridge Towers 2

2203 is a one-bedroom apartment of 1,129 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 June 2024 for AED 1,950,000, or AED 1,727 per sqft, 19% above the AED 1,452 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 10 July 2025, is AED 136,517 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 21,600 a year.

Sales and rents for 2203 over time

Sales
Unit 2203, 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, August 2010: AED 996,888 (AED 882 per sqft)Sold, February 2021: AED 1,100,000 (AED 974 per sqft)Sold, June 2024: AED 1,950,000 (AED 1,727 per sqft)

2203 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2203, each contractTypical one-bed in South Ridge Towers 2
100K2012201620202024Typical 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, December 2013: AED 91,000 a yearRenewal, December 2014: AED 110,000 a yearRenewal, December 2015: AED 110,000 a yearNew contract, December 2017: AED 105,000 a yearRenewal, December 2018: AED 95,000 a yearNew contract, December 2019: AED 73,000 a yearNew contract, June 2022: AED 109,392 a yearRenewal, June 2023: AED 130,000 a yearNew contract, July 2024: AED 135,000 a yearRenewal, July 2025: AED 136,517 a yearRenewal, July 2025: AED 136,517 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 2203 sits

All 95 1-beds →

2203 last sold in June 2024 at AED 1,727 per sqft, 19% above what one-beds in South Ridge Towers 2 were fetching at the time (AED 1,452). 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. 2203's AED 136,517 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 22nd floor

All 158 units in South Ridge Towers 2
Value
22012-bedAED 3.2M · Jul 2013
22022-bedAED 2.45M · Feb 2022
22041-bedAED 833K · Apr 2010
22051-bedAED 1.93M · Feb 2014

2203, South Ridge Towers 2 in numbers

  • Sold 3 times: first on 2 August 2010 for AED 996,888, last on 7 June 2024 for AED 1,950,000 (AED 1,727 per sqft).
  • Rented since December 2013 on 11 Ejari contracts. The rent fell from AED 91,000 to AED 73,000 in 2019 and recovered to AED 136,517 by July 2025.
  • At AED 136,517 a year the gross yield on the 2024 price is 7.0%, 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 10 July 2025.

Questions about 2203, South Ridge Towers 2

What did unit 2203 last sell for?

AED 1,950,000 on 7 June 2024: AED 1,727 per sqft for 1,129 sqft. The unit has 3 registered sales; the first was AED 996,888 in August 2010.

What is the rent for unit 2203?

AED 136,517 a year on the contract renewed on 10 July 2025. The previous contract, from July 2025, was AED 136,517; the unit has been rented since December 2013.

How big is unit 2203?

1,129 sqft (104.9 sqm): a one-bedroom apartment on the 22nd floor of a 33-storey tower completed in 2008.

What is unit 2203 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 2203, South Ridge Towers 2

Starts from the last sale price (AED 1.95M, 7 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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