2-bed · 1,622 sqftSouth Ridge Towers 2, Downtown Dubai · 28th floor · completed 2008

2801, South Ridge Towers 2

Sold prices and rental history: sold once, by the developer in June 2010, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2801 · DLD and Ejari recordsUpdated 14 June 2010
Last soldAED 2.77M14 June 2010
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2801, South Ridge Towers 2

What is 2801 worth today?

Last sold for AED 2,769,888 in 2010

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14 Jun 2010Sold by developerReady
AED 2,769,888AED 1,707 per sqft

Source: Dubai Land Department. Updated 14 June 2010.

Key facts

Type
2-bed apartment
Size
1,622 sqft
Floor
28th of 33
Parking
G-069
Developer
Emaar
Completed
2008
Service charge
AED 31,100 /yr
Last sold
AED 2.77M · June 2010

About 2801, South Ridge Towers 2

2801 is a two-bedroom apartment of 1,622 sqft on the 28th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 14 June 2010 for AED 2,769,888, or AED 1,707 per sqft, 56% above the AED 1,097 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2801 over time

Sales
Unit 2801, 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, June 2010: AED 2,769,888 (AED 1,707 per sqft)

2801 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2801, 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 2801 sits

All 61 2-beds →

2801 last sold in June 2010 at AED 1,707 per sqft, 56% above what two-beds in South Ridge Towers 2 were fetching at the time (AED 1,097). 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 28th floor

All 158 units in South Ridge Towers 2
Value
28022-bedAED 2.58M · Mar 2010
28031-bedAED 1.1M · Jan 2021
28041-bedAED 863K · Feb 2010
28051-bedAED 1.1M · May 2009

2801, South Ridge Towers 2 in numbers

  • Sold once: by Emaar on 14 June 2010 for AED 2,769,888, or AED 1,707 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 June 2010.

Questions about 2801, South Ridge Towers 2

What did unit 2801 last sell for?

AED 2,769,888 on 14 June 2010, sold by the developer: AED 1,707 per sqft for 1,622 sqft. It is the only registered sale of the unit.

How big is unit 2801?

1,622 sqft (150.7 sqm): a two-bedroom apartment on the 28th floor of a 33-storey tower completed in 2008.

What is unit 2801 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 2801, South Ridge Towers 2

Starts from the last sale price (AED 2.77M, 14 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,769,888
Deposit, UAE resident (20%)
AED 553,978
Deposit, non-resident (40%)
AED 1,107,955
Monthly over 25 years at 3.7%
AED 11,332

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