2303, South Ridge Towers 2
Sold prices and rental history: sold 3 times, last in August 2020, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2303, South Ridge Towers 2
What is 2303 worth today?
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Source: Dubai Land Department. Updated 25 August 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 1,129 sqft
- Floor
- 23rd of 33
- Parking
- B1-279
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 21,600 /yr
- Last sold
- AED 1.05M · August 2020
- Building
- South Ridge Towers 2
About 2303, South Ridge Towers 2
2303 is a one-bedroom apartment of 1,129 sqft on the 23rd floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 25 August 2020 for AED 1,050,000, or AED 930 per sqft, in line with the AED 933 one-beds in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 1 March 2020, is AED 85,000 a year: a gross yield of 8.1% on the 2020 price, before the service charge of about AED 21,600 a year.
Sales and rents for 2303 over time
2303 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 2303 sits
All 95 1-beds →2303 last sold in August 2020 at AED 930 per sqft, in line with what one-beds in South Ridge Towers 2 were fetching at the time (AED 933). 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. 2303's AED 85,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 936 sqft | 1,700,000 | 1,816 | ||
| 1 Oct 20261 October 2026 | 1,089 sqft | 2,000,000 | 1,836 | ||
| 5 Aug 20265 August 2026 | 875 sqft | 26,811 | 30 | ||
| 13 Jul 202613 July 2026 | 936 sqft | 1,700,000 | 1,816 |
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 | |||||
|---|---|---|---|---|---|
| 2301 | 2-bed | 1,622 sqft | AED 2.69MAED 2,688,888 · Jul 2009July 2009 | 132,427 /yr | |
| 2302 | 2-bed | 1,679 sqft | AED 3.8MAED 3,800,000 · Dec 2013December 2013 | 155,000 /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 |
2303, South Ridge Towers 2 in numbers
- Sold 3 times: first on 14 June 2009 for AED 1,001,888, last on 25 August 2020 for AED 1,050,000 (AED 930 per sqft).
- Rented since October 2013 on 3 Ejari contracts, from AED 105,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2020 price is 8.1%, 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 25 August 2020.
Questions about 2303, South Ridge Towers 2
What did unit 2303 last sell for?
AED 1,050,000 on 25 August 2020: AED 930 per sqft for 1,129 sqft. The unit has 3 registered sales; the first was AED 1,001,888 in June 2009.
What is the rent for unit 2303?
AED 85,000 a year on the contract renewed on 1 March 2020. The previous contract, from March 2019, was AED 85,000; the unit has been rented since October 2013.
How big is unit 2303?
1,129 sqft (104.9 sqm): a one-bedroom apartment on the 23rd floor of a 33-storey tower completed in 2008.
What is unit 2303 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 2303, South Ridge Towers 2
Starts from the last sale price (AED 1.05M, 25 August 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →