1-bed · 1,089 sqftSouth Ridge Towers 2, Downtown Dubai · 22nd floor · completed 2008

2205, South Ridge Towers 2

Sold prices and rental history: sold twice, last in February 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2205 · DLD and Ejari recordsUpdated 2 January 2023
Last soldAED 1.93M16 February 2014
Current rentAED 90K /yr2 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2205, South Ridge Towers 2

What is 2205 worth today?

Last sold for AED 1,925,000 in 2014

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2 Jan 2023RentedRenewal
AED 90,000/yr12 months · AED 83 per sqft
1 Jan 2022RentedNew contract
AED 79,786/yr12 months · AED 73 per sqft
2 Jan 2021RentedRenewal
AED 80,000/yr12 months · AED 74 per sqft
2 Jan 2020RentedNew contract
AED 85,000/yr12 months · AED 78 per sqft
15 Oct 2016RentedNew contract
AED 128,000/yr12 months · AED 118 per sqft
16 Sep 2014RentedNew contract
AED 135,000/yr12 months · AED 124 per sqft
16 Feb 2014SoldReady
AED 1,925,000AED 1,767 per sqft
18 Mar 2009Sold by developerReady
AED 1,029,888AED 945 per sqft

Source: Dubai Land Department. Updated 2 January 2023.

Key facts

Type
1-bed apartment
Size
1,089 sqft
Floor
22nd of 33
Parking
B2-175
Developer
Emaar
Completed
2008
Service charge
AED 20,900 /yr
Last sold
AED 1.93M · February 2014

About 2205, South Ridge Towers 2

2205 is a one-bedroom apartment of 1,089 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 16 February 2014 for AED 1,925,000, or AED 1,767 per sqft, 21% above the AED 1,462 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 2 January 2023, is AED 90,000 a year: a gross yield of 4.7% on the 2014 price, before the service charge of about AED 20,900 a year.

Sales and rents for 2205 over time

Sales
Unit 2205, 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, March 2009: AED 1,029,888 (AED 945 per sqft)Sold, February 2014: AED 1,925,000 (AED 1,767 per sqft)

2205 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2205, 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, September 2014: AED 135,000 a yearNew contract, October 2016: AED 128,000 a yearNew contract, January 2020: AED 85,000 a yearRenewal, January 2021: AED 80,000 a yearNew contract, January 2022: AED 79,786 a yearRenewal, January 2023: AED 90,000 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 2205 sits

All 95 1-beds →

2205 last sold in February 2014 at AED 1,767 per sqft, 21% above what one-beds in South Ridge Towers 2 were fetching at the time (AED 1,462). 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. 2205's AED 90,000 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 22nd floor

All 158 units in South Ridge Towers 2
Value
22012-bedAED 3.2M · Jul 2013
22022-bedAED 2.45M · Feb 2022
22031-bedAED 1.95M · Jun 2024
22041-bedAED 833K · Apr 2010

2205, South Ridge Towers 2 in numbers

  • Sold twice: first on 18 March 2009 for AED 1,029,888, last on 16 February 2014 for AED 1,925,000 (AED 1,767 per sqft).
  • Rented since September 2014 on 6 Ejari contracts. The rent fell from AED 135,000 to AED 79,786 in 2022 and recovered to AED 90,000 by January 2023.
  • At AED 90,000 a year the gross yield on the 2014 price is 4.7%, before a service charge of about AED 20,900 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 2 January 2023.

Questions about 2205, South Ridge Towers 2

What did unit 2205 last sell for?

AED 1,925,000 on 16 February 2014: AED 1,767 per sqft for 1,089 sqft. The unit has 2 registered sales; the first was AED 1,029,888 in March 2009.

What is the rent for unit 2205?

AED 90,000 a year on the contract renewed on 2 January 2023. The previous contract, from January 2022, was AED 79,786; the unit has been rented since September 2014.

How big is unit 2205?

1,089 sqft (101.2 sqm): a one-bedroom apartment on the 22nd floor of a 33-storey tower completed in 2008.

What is unit 2205 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 2205, South Ridge Towers 2

Starts from the last sale price (AED 1.93M, 16 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,925,000
Deposit, UAE resident (20%)
AED 385,000
Deposit, non-resident (40%)
AED 770,000
Monthly over 25 years at 3.7%
AED 7,876

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