2701, South Ridge Towers 2
Sold prices and rental history: sold once, by the developer in March 2011, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2701, South Ridge Towers 2
What is 2701 worth today?
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Source: Dubai Land Department. Updated 10 December 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,622 sqft
- Floor
- 27th of 33
- Parking
- G-P-08
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 31,100 /yr
- Last sold
- AED 3.8M · March 2011
- Building
- South Ridge Towers 2
About 2701, South Ridge Towers 2
2701 is a two-bedroom apartment of 1,622 sqft on the 27th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 10 March 2011 for AED 3,800,000, or AED 2,342 per sqft, 114% above the AED 1,096 two-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 10 December 2021, is AED 122,500 a year: a gross yield of 3.2% on the 2011 price, before the service charge of about AED 31,100 a year.
Sales and rents for 2701 over time
2701 has sold once; 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 2701 sits
All 61 2-beds →2701 last sold in March 2011 at AED 2,342 per sqft, 114% above what two-beds in South Ridge Towers 2 were fetching at the time (AED 1,096). 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. 2701's AED 122,500 is at the bottom 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 27th floor
All 158 units in South Ridge Towers 22701, South Ridge Towers 2 in numbers
- Sold once: by Emaar on 10 March 2011 for AED 3,800,000, or AED 2,342 per sqft.
- Rented since December 2020 on 2 Ejari contracts, at AED 122,500 a year.
- At AED 122,500 a year the gross yield on the 2011 price is 3.2%, 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 10 December 2021.
Questions about 2701, South Ridge Towers 2
What did unit 2701 last sell for?
AED 3,800,000 on 10 March 2011, sold by the developer: AED 2,342 per sqft for 1,622 sqft. It is the only registered sale of the unit.
What is the rent for unit 2701?
AED 122,500 a year on the contract renewed on 10 December 2021. The previous contract, from December 2020, was AED 122,500.
How big is unit 2701?
1,622 sqft (150.7 sqm): a two-bedroom apartment on the 27th floor of a 33-storey tower completed in 2008.
What is unit 2701 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 2701, South Ridge Towers 2
Starts from the last sale price (AED 3.8M, 10 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 3,800,000
- Deposit, UAE resident (20%)
- AED 760,000
- Deposit, non-resident (40%)
- AED 1,520,000
- Monthly over 25 years at 3.7%
- AED 15,547
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →