2402, South Ridge Towers 2
Sold prices and rental history: sold twice, last in February 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2402, South Ridge Towers 2
What is 2402 worth today?
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Source: Dubai Land Department. Updated 22 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,679 sqft
- Floor
- 24th of 33
- Parking
- L1-027
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 32,200 /yr
- Last sold
- AED 1.8M · February 2011
- Building
- South Ridge Towers 2
About 2402, South Ridge Towers 2
2402 is a two-bedroom apartment of 1,679 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 16 February 2011 for AED 1,800,000, or AED 1,072 per sqft, in line with the AED 1,071 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 22 August 2026, is AED 205,000 a year: a gross yield of 11.4% on the 2011 price, before the service charge of about AED 32,200 a year.
Sales and rents for 2402 over time
2402 has sold twice; 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 2402 sits
All 61 2-beds →2402 last sold in February 2011 at AED 1,072 per sqft, in line with what two-beds in South Ridge Towers 2 were fetching at the time (AED 1,071). 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. 2402's AED 205,000 is in the upper 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 | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 1,622 sqft | AED 3.6MAED 3,600,000 · Feb 2025February 2025 | 175,000 /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 |
2402, South Ridge Towers 2 in numbers
- Sold twice: first on 31 January 2011 for AED 2,524,888, last on 16 February 2011 for AED 1,800,000 (AED 1,072 per sqft).
- Rented since March 2016 on 10 Ejari contracts. The rent fell from AED 180,000 to AED 120,000 in 2022 and recovered to AED 205,000 by August 2026.
- At AED 205,000 a year the gross yield on the 2011 price is 11.4%, before a service charge of about AED 32,200 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 22 August 2026.
Questions about 2402, South Ridge Towers 2
What did unit 2402 last sell for?
AED 1,800,000 on 16 February 2011: AED 1,072 per sqft for 1,679 sqft. The unit has 2 registered sales; the first was AED 2,524,888 in January 2011.
What is the rent for unit 2402?
AED 205,000 a year on the contract renewed on 22 August 2026. The previous contract, from August 2025, was AED 205,000; the unit has been rented since March 2016.
How big is unit 2402?
1,679 sqft (156.0 sqm): a two-bedroom apartment on the 24th floor of a 33-storey tower completed in 2008.
What is unit 2402 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 2402, South Ridge Towers 2
Starts from the last sale price (AED 1.8M, 16 February 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →