2301, South Ridge Towers 2
Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2301, South Ridge Towers 2
What is 2301 worth today?
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Source: Dubai Land Department. Updated 1 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,622 sqft
- Floor
- 23rd of 33
- Parking
- G-P-10
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 31,100 /yr
- Last sold
- AED 2.69M · July 2009
- Building
- South Ridge Towers 2
About 2301, South Ridge Towers 2
2301 is a two-bedroom apartment of 1,622 sqft on the 23rd floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 29 July 2009 for AED 2,688,888, or AED 1,657 per sqft, 43% above the AED 1,160 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 132,427 a year: a gross yield of 4.9% on the 2009 price, before the service charge of about AED 31,100 a year.
Sales and rents for 2301 over time
2301 has sold once; 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 2301 sits
All 61 2-beds →2301 last sold in July 2009 at AED 1,657 per sqft, 43% above what two-beds in South Ridge Towers 2 were fetching at the time (AED 1,160). 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. 2301's AED 132,427 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 23rd floor
All 158 units in South Ridge Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2302 | 2-bed | 1,679 sqft | AED 3.8MAED 3,800,000 · Dec 2013December 2013 | 155,000 /yr | |
| 2303 | 1-bed | 1,129 sqft | AED 1.05MAED 1,050,000 · Aug 2020August 2020 | 85,000 /yr | |
| 2304 | 1-bed | 936 sqft | AED 1.65MAED 1,650,000 · Aug 2024August 2024 | 110,000 /yr | |
| 2305 | 1-bed | 1,089 sqft | AED 1.75MAED 1,750,000 · Feb 2018February 2018 |
2301, South Ridge Towers 2 in numbers
- Sold once: by Emaar on 29 July 2009 for AED 2,688,888, or AED 1,657 per sqft.
- Rented since June 2015 on 9 Ejari contracts. The rent fell from AED 160,000 to AED 115,000 in 2020 and recovered to AED 132,427 by November 2023.
- At AED 132,427 a year the gross yield on the 2009 price is 4.9%, 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 1 November 2023.
Questions about 2301, South Ridge Towers 2
What did unit 2301 last sell for?
AED 2,688,888 on 29 July 2009, sold by the developer: AED 1,657 per sqft for 1,622 sqft. It is the only registered sale of the unit.
What is the rent for unit 2301?
AED 132,427 a year on the contract renewed on 1 November 2023. The previous contract, from November 2022, was AED 120,000; the unit has been rented since June 2015.
How big is unit 2301?
1,622 sqft (150.7 sqm): a two-bedroom apartment on the 23rd floor of a 33-storey tower completed in 2008.
What is unit 2301 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 2301, South Ridge Towers 2
Starts from the last sale price (AED 2.69M, 29 July 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 2,688,888
- Deposit, UAE resident (20%)
- AED 537,778
- Deposit, non-resident (40%)
- AED 1,075,555
- Monthly over 25 years at 3.7%
- AED 11,001
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →