2503, South Ridge Towers 2
Sold prices and rental history: sold 3 times, last in September 2022, 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 2503, South Ridge Towers 2
What is 2503 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 September 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,129 sqft
- Floor
- 25th of 33
- Parking
- B1-131
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 21,600 /yr
- Last sold
- AED 1.5M · September 2022
- Building
- South Ridge Towers 2
About 2503, South Ridge Towers 2
2503 is a one-bedroom apartment of 1,129 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 15 September 2022 for AED 1,500,000, or AED 1,328 per sqft, in line with the AED 1,328 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 1 February 2020, is AED 93,000 a year: a gross yield of 6.2% on the 2022 price, before the service charge of about AED 21,600 a year.
Sales and rents for 2503 over time
2503 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 2503 sits
All 95 1-beds →2503 last sold in September 2022 at AED 1,328 per sqft, in line with what one-beds in South Ridge Towers 2 were fetching at the time (AED 1,328). 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. 2503's AED 93,000 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 25th floor
All 158 units in South Ridge Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 2-bed | 1,622 sqft | AED 3.38MAED 3,375,000 · Aug 2024August 2024 | 170,000 /yr | |
| 2502 | 2-bed | 1,679 sqft | AED 1.65MAED 1,650,535 · Nov 2009November 2009 | 170,000 /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 |
2503, South Ridge Towers 2 in numbers
- Sold 3 times: first on 27 June 2010 for AED 475,587, last on 15 September 2022 for AED 1,500,000 (AED 1,328 per sqft).
- Rented since February 2016 on 5 Ejari contracts, from AED 100,000 to AED 93,000 a year.
- At AED 93,000 a year the gross yield on the 2022 price is 6.2%, 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 15 September 2022.
Questions about 2503, South Ridge Towers 2
What did unit 2503 last sell for?
AED 1,500,000 on 15 September 2022: AED 1,328 per sqft for 1,129 sqft. The unit has 3 registered sales; the first was AED 475,587 in June 2010.
What is the rent for unit 2503?
AED 93,000 a year on the contract renewed on 1 February 2020. The previous contract, from February 2019, was AED 95,000; the unit has been rented since February 2016.
How big is unit 2503?
1,129 sqft (104.9 sqm): a one-bedroom apartment on the 25th floor of a 33-storey tower completed in 2008.
What is unit 2503 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.
Selling 2503? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 2503, South Ridge Towers 2
Starts from the last sale price (AED 1.5M, 15 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →