2403, South Ridge Towers 2
Sold prices and rental history: sold 4 times, last in December 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2403, South Ridge Towers 2
What is 2403 worth today?
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Source: Dubai Land Department. Updated 12 September 2017.
Key facts
- Type
- 1-bed apartment
- Size
- 1,129 sqft
- Floor
- 24th of 33
- Parking
- B2-109
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 21,600 /yr
- Last sold
- AED 2M · December 2014
- Building
- South Ridge Towers 2
About 2403, South Ridge Towers 2
2403 is a one-bedroom apartment of 1,129 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 18 December 2014 for AED 2,000,000, or AED 1,771 per sqft, in line with the AED 1,769 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 12 September 2017, is AED 107,000 a year: a gross yield of 5.3% on the 2014 price, before the service charge of about AED 21,600 a year.
Sales and rents for 2403 over time
2403 has sold 4 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 2403 sits
All 95 1-beds →2403 last sold in December 2014 at AED 1,771 per sqft, in line with what one-beds in South Ridge Towers 2 were fetching at the time (AED 1,769). 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. 2403's AED 107,000 is in the lower half 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 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 | |
| 2402 | 2-bed | 1,679 sqft | AED 1.8MAED 1,800,000 · Feb 2011February 2011 | 205,000 /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 |
2403, South Ridge Towers 2 in numbers
- Sold 4 times: first on 8 February 2009 for AED 1,006,888, last on 18 December 2014 for AED 2,000,000 (AED 1,771 per sqft).
- Rented since August 2013 on 4 Ejari contracts, from AED 100,000 to AED 107,000 a year.
- At AED 107,000 a year the gross yield on the 2014 price is 5.3%, 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 12 September 2017.
Questions about 2403, South Ridge Towers 2
What did unit 2403 last sell for?
AED 2,000,000 on 18 December 2014: AED 1,771 per sqft for 1,129 sqft. The unit has 4 registered sales; the first was AED 1,006,888 in February 2009.
What is the rent for unit 2403?
AED 107,000 a year on the contract signed on 12 September 2017. The previous contract, from August 2015, was AED 120,000; the unit has been rented since August 2013.
How big is unit 2403?
1,129 sqft (104.9 sqm): a one-bedroom apartment on the 24th floor of a 33-storey tower completed in 2008.
What is unit 2403 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 2403, South Ridge Towers 2
Starts from the last sale price (AED 2M, 18 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →