2603, South Ridge Towers 2
Sold prices and rental history: sold twice, last in April 2021, 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 2603, South Ridge Towers 2
What is 2603 worth today?
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Source: Dubai Land Department. Updated 25 November 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,129 sqft
- Floor
- 26th of 33
- Parking
- B1-214
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 21,600 /yr
- Last sold
- AED 1.2M · April 2021
- Building
- South Ridge Towers 2
About 2603, South Ridge Towers 2
2603 is a one-bedroom apartment of 1,129 sqft on the 26th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 20 April 2021 for AED 1,200,000, or AED 1,062 per sqft, in line with the AED 1,033 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 25 November 2023, is AED 120,000 a year: a gross yield of 10.0% on the 2021 price, before the service charge of about AED 21,600 a year.
Sales and rents for 2603 over time
2603 has sold twice; 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 2603 sits
All 95 1-beds →2603 last sold in April 2021 at AED 1,062 per sqft, in line with what one-beds in South Ridge Towers 2 were fetching at the time (AED 1,033). 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. 2603's AED 120,000 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 26th floor
All 158 units in South Ridge Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2601 | 2-bed | 1,622 sqft | AED 1.37MAED 1,368,444 · May 2010May 2010 | 140,000 /yr | |
| 2602 | 2-bed | 1,679 sqft | AED 3.38MAED 3,375,000 · Sep 2024September 2024 | 132,371 /yr | |
| 2604 | 1-bed | 936 sqft | AED 1.54MAED 1,540,000 · May 2016May 2016 | 84,000 /yr | |
| 2605 | 1-bed | 1,089 sqft | AED 1.25MAED 1,250,000 · Mar 2021March 2021 | 160,000 /yr |
2603, South Ridge Towers 2 in numbers
- Sold twice: first on 27 June 2010 for AED 477,937, last on 20 April 2021 for AED 1,200,000 (AED 1,062 per sqft).
- Rented since July 2013 on 12 Ejari contracts, from AED 90,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2021 price is 10.0%, 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 25 November 2023.
Questions about 2603, South Ridge Towers 2
What did unit 2603 last sell for?
AED 1,200,000 on 20 April 2021: AED 1,062 per sqft for 1,129 sqft. The unit has 2 registered sales; the first was AED 477,937 in June 2010.
What is the rent for unit 2603?
AED 120,000 a year on the contract signed on 25 November 2023. The previous contract, from November 2022, was AED 85,000; the unit has been rented since July 2013.
How big is unit 2603?
1,129 sqft (104.9 sqm): a one-bedroom apartment on the 26th floor of a 33-storey tower completed in 2008.
What is unit 2603 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 2603, South Ridge Towers 2
Starts from the last sale price (AED 1.2M, 20 April 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →