2501, South Ridge Towers 2
Sold prices and rental history: sold 3 times, last in August 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2501, South Ridge Towers 2
What is 2501 worth today?
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Source: Dubai Land Department. Updated 28 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,622 sqft
- Floor
- 25th of 33
- Parking
- B1-123
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 31,100 /yr
- Last sold
- AED 3.38M · August 2024
- Building
- South Ridge Towers 2
About 2501, South Ridge Towers 2
2501 is a two-bedroom apartment of 1,622 sqft on the 25th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 28 August 2024 for AED 3,375,000, or AED 2,080 per sqft, 11% above the AED 1,878 two-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 October 2023, is AED 170,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 31,100 a year.
Sales and rents for 2501 over time
2501 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 2501 sits
All 61 2-beds →2501 last sold in August 2024 at AED 2,080 per sqft, 11% above what two-beds in South Ridge Towers 2 were fetching at the time (AED 1,878). 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. 2501's AED 170,000 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 25th floor
All 158 units in South Ridge Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2502 | 2-bed | 1,679 sqft | AED 1.65MAED 1,650,535 · Nov 2009November 2009 | 170,000 /yr | |
| 2503 | 1-bed | 1,129 sqft | AED 1.5MAED 1,500,000 · Sep 2022September 2022 | 93,000 /yr | |
| 2504 | 1-bed | 936 sqft | AED 1.16MAED 1,156,730 · Apr 2022April 2022 | 115,000 /yr | |
| 2505 | 1-bed | 1,089 sqft | AED 1.55MAED 1,550,000 · May 2017May 2017 | 120,000 /yr |
2501, South Ridge Towers 2 in numbers
- Sold 3 times: first on 24 February 2010 for AED 884,487, last on 28 August 2024 for AED 3,375,000 (AED 2,080 per sqft).
- Rented since October 2022 on 2 Ejari contracts, at AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2024 price is 5.0%, 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 28 August 2024.
Questions about 2501, South Ridge Towers 2
What did unit 2501 last sell for?
AED 3,375,000 on 28 August 2024: AED 2,080 per sqft for 1,622 sqft. The unit has 3 registered sales; the first was AED 884,487 in February 2010.
What is the rent for unit 2501?
AED 170,000 a year on the contract renewed on 1 October 2023. The previous contract, from October 2022, was AED 170,000.
How big is unit 2501?
1,622 sqft (150.7 sqm): a two-bedroom apartment on the 25th floor of a 33-storey tower completed in 2008.
What is unit 2501 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 2501, South Ridge Towers 2
Starts from the last sale price (AED 3.38M, 28 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,375,000
- Deposit, UAE resident (20%)
- AED 675,000
- Deposit, non-resident (40%)
- AED 1,350,000
- Monthly over 25 years at 3.7%
- AED 13,808
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →