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2-bed · 1,679 sqftSouth Ridge Towers 2, Downtown Dubai · 27th floor · completed 2008

2702, South Ridge Towers 2

Sold prices and rental history: sold twice, last in January 2010, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2702 · DLD and Ejari recordsUpdated 14 January 2010
Last soldAED 2.25M14 January 2010
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2702, South Ridge Towers 2

What is 2702 worth today?

Last sold for AED 2,250,000 in 2010

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14 Jan 2010Sold by developerReady
AED 2,250,000AED 1,340 per sqft
14 Jan 2010SoldReady
AED 2,567,888AED 1,529 per sqft

Source: Dubai Land Department. Updated 14 January 2010.

Key facts

Type
2-bed apartment
Size
1,679 sqft
Floor
27th of 33
Parking
G-P-11
Developer
Emaar
Completed
2008
Service charge
AED 32,200 /yr
Last sold
AED 2.25M · January 2010
Building
South Ridge Towers 2

About 2702, South Ridge Towers 2

2702 is a two-bedroom apartment of 1,679 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 14 January 2010 for AED 2,250,000, or AED 1,340 per sqft, 18% above the AED 1,135 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2702 over time

Sales
Unit 2702, each saleTypical two-bed in South Ridge Towers 2
2M4M2009201420192024Typical sale price by year: 2009 AED 1,779,444; 2010 AED 1,726,175; 2011 AED 1,899,888; 2012 AED 2,200,000; 2013 AED 2,865,000; 2014 AED 4,100,000; 2022 AED 2,550,000; 2023 AED 2,750,000; 2024 AED 3,100,000; 2025 AED 3,250,000; 2026 AED 3,725,000Sold by developer, January 2010: AED 2,250,000 (AED 1,340 per sqft)Sold, January 2010: AED 2,567,888 (AED 1,529 per sqft)

2702 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2702, each contractTypical two-bed in South Ridge Towers 2
150K2012201620202024Typical rent by year: 2012 AED 135,000; 2013 AED 150,000; 2014 AED 168,000; 2015 AED 168,531; 2016 AED 170,000; 2017 AED 165,000; 2018 AED 150,000; 2019 AED 135,000; 2020 AED 115,000; 2021 AED 120,000; 2022 AED 129,250; 2023 AED 147,000; 2024 AED 175,000; 2025 AED 180,000; 2026 AED 180,000

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 2702 sits

All 61 2-beds →

2702 last sold in January 2010 at AED 1,340 per sqft, 18% above what two-beds in South Ridge Towers 2 were fetching at the time (AED 1,135). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Sep 20263,750,000
7 Aug 20264,000,000
29 Apr 20263,700,000
26 Feb 20263,475,000
4 2-bed sales in the last 12 months

South Ridge Towers 2

Building

158 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%
South Ridge Towers 2, Downtown Dubai: prices, sales and rents →

Other units on the 27th floor

All 158 units in South Ridge Towers 2
Value
27012-bedAED 3.8M · Mar 2011
27031-bedAED 1.64M · Dec 2023
27041-bedAED 658K · Mar 2013
27051-bedAED 1.06M · Mar 2009

2702, South Ridge Towers 2 in numbers

  • Sold twice: first on 14 January 2010 for AED 2,567,888, last on 14 January 2010 for AED 2,250,000 (AED 1,340 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 14 January 2010.

Questions about 2702, South Ridge Towers 2

What did unit 2702 last sell for?

AED 2,250,000 on 14 January 2010, sold by the developer: AED 1,340 per sqft for 1,679 sqft. The unit has 2 registered sales; the first was AED 2,567,888 in January 2010.

How big is unit 2702?

1,679 sqft (156.0 sqm): a two-bedroom apartment on the 27th floor of a 33-storey tower completed in 2008.

What is unit 2702 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 2702, South Ridge Towers 2

Starts from the last sale price (AED 2.25M, 14 January 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →