2401, South Ridge Towers 2
Sold prices and rental history: sold 3 times, last in February 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2401, South Ridge Towers 2
What is 2401 worth today?
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Source: Dubai Land Department. Updated 5 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,622 sqft
- Floor
- 24th of 33
- Parking
- G-P-09
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 31,100 /yr
- Last sold
- AED 3.6M · February 2025
- Building
- South Ridge Towers 2
About 2401, South Ridge Towers 2
2401 is a two-bedroom apartment of 1,622 sqft on the 24th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 5 February 2025 for AED 3,600,000, or AED 2,219 per sqft, 14% above the AED 1,945 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 14 October 2023, is AED 175,000 a year: a gross yield of 4.9% on the 2025 price, before the service charge of about AED 31,100 a year.
Sales and rents for 2401 over time
2401 has sold 3 times; 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 2401 sits
All 61 2-beds →2401 last sold in February 2025 at AED 2,219 per sqft, 14% above what two-beds in South Ridge Towers 2 were fetching at the time (AED 1,945). 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. 2401's AED 175,000 is in the lower half 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 24th floor
All 158 units in South Ridge Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2402 | 2-bed | 1,679 sqft | AED 1.8MAED 1,800,000 · Feb 2011February 2011 | 205,000 /yr | |
| 2403 | 1-bed | 1,129 sqft | AED 2MAED 2,000,000 · Dec 2014December 2014 | 107,000 /yr | |
| 2404 | 1-bed | 936 sqft | AED 1.6MAED 1,600,000 · Aug 2016August 2016 | 120,000 /yr | |
| 2405 | 1-bed | 1,089 sqft | AED 1.7MAED 1,700,000 · Mar 2016March 2016 | 135,000 /yr |
2401, South Ridge Towers 2 in numbers
- Sold 3 times: first on 14 June 2010 for AED 1,352,444, last on 5 February 2025 for AED 3,600,000 (AED 2,219 per sqft).
- Rented since September 2014 on 5 Ejari contracts. The rent fell from AED 180,000 to AED 140,000 in 2019 and recovered to AED 175,000 by October 2023.
- At AED 175,000 a year the gross yield on the 2025 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 5 February 2025.
Questions about 2401, South Ridge Towers 2
What did unit 2401 last sell for?
AED 3,600,000 on 5 February 2025: AED 2,219 per sqft for 1,622 sqft. The unit has 3 registered sales; the first was AED 1,352,444 in June 2010.
What is the rent for unit 2401?
AED 175,000 a year on the contract renewed on 14 October 2023. The previous contract, from October 2022, was AED 175,000; the unit has been rented since September 2014.
How big is unit 2401?
1,622 sqft (150.7 sqm): a two-bedroom apartment on the 24th floor of a 33-storey tower completed in 2008.
What is unit 2401 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 2401, South Ridge Towers 2
Starts from the last sale price (AED 3.6M, 5 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 3,600,000
- Deposit, UAE resident (20%)
- AED 720,000
- Deposit, non-resident (40%)
- AED 1,440,000
- Monthly over 25 years at 3.7%
- AED 14,729
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →