2703, South Ridge Towers 2
Sold prices and rental history: sold 3 times, last in December 2023, 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 2703, South Ridge Towers 2
What is 2703 worth today?
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Source: Dubai Land Department. Updated 25 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,129 sqft
- Floor
- 27th of 33
- Parking
- B2-210
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 21,600 /yr
- Last sold
- AED 1.64M · December 2023
- Building
- South Ridge Towers 2
About 2703, South Ridge Towers 2
2703 is a one-bedroom apartment of 1,129 sqft on the 27th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 12 December 2023 for AED 1,640,000, or AED 1,452 per sqft, 5% above the AED 1,388 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 25 January 2025, is AED 94,500 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 21,600 a year.
Sales and rents for 2703 over time
2703 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 2703 sits
All 95 1-beds →2703 last sold in December 2023 at AED 1,452 per sqft, 5% above what one-beds in South Ridge Towers 2 were fetching at the time (AED 1,388). 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. 2703's AED 94,500 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 27th floor
All 158 units in South Ridge Towers 22703, South Ridge Towers 2 in numbers
- Sold 3 times: first on 4 May 2010 for AED 1,021,888, last on 12 December 2023 for AED 1,640,000 (AED 1,452 per sqft).
- Rented since September 2016 on 6 Ejari contracts, from AED 120,000 to AED 94,500 a year.
- At AED 94,500 a year the gross yield on the 2023 price is 5.8%, 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 January 2025.
Questions about 2703, South Ridge Towers 2
What did unit 2703 last sell for?
AED 1,640,000 on 12 December 2023: AED 1,452 per sqft for 1,129 sqft. The unit has 3 registered sales; the first was AED 1,021,888 in May 2010.
What is the rent for unit 2703?
AED 94,500 a year on the contract renewed on 25 January 2025. The previous contract, from January 2025, was AED 94,500; the unit has been rented since September 2016.
How big is unit 2703?
1,129 sqft (104.9 sqm): a one-bedroom apartment on the 27th floor of a 33-storey tower completed in 2008.
What is unit 2703 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 2703, South Ridge Towers 2
Starts from the last sale price (AED 1.64M, 12 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,640,000
- Deposit, UAE resident (20%)
- AED 328,000
- Deposit, non-resident (40%)
- AED 656,000
- Monthly over 25 years at 3.7%
- AED 6,710
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →