1-bed · 1,129 sqftSouth Ridge Towers 2, Downtown Dubai · 29th floor · completed 2008

2903, South Ridge Towers 2

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2903 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 1.03M9 March 2009
Current rentAED 118K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2903, South Ridge Towers 2

What is 2903 worth today?

Last sold for AED 1,032,888 in 2009

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1 Jun 2025RentedRenewal
AED 118,000/yr12 months · AED 105 per sqft
1 Jun 2025RentedRenewal
AED 118,000/yr12 months · AED 105 per sqft
1 Jun 2025RentedRenewal
AED 120,000/yr12 months · AED 107 per sqft
1 Jun 2025RentedRenewal
AED 120,000/yr12 months · AED 107 per sqft
1 Jun 2024RentedRenewal
AED 118,000/yr12 months · AED 105 per sqft
1 Jun 2023RentedNew contract
AED 118,000/yr12 months · AED 104 per sqft
1 Jul 2022RentedNew contract
AED 105,000/yr12 months · AED 93 per sqft
30 Jun 2021RentedRenewal
AED 75,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
1-bed apartment
Size
1,129 sqft
Floor
29th of 33
Parking
B2-164
Developer
Emaar
Completed
2008
Service charge
AED 21,600 /yr
Last sold
AED 1.03M · March 2009

About 2903, South Ridge Towers 2

2903 is a one-bedroom apartment of 1,129 sqft on the 29th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 9 March 2009 for AED 1,032,888, or AED 914 per sqft, in line with the AED 903 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 118,000 a year: a gross yield of 11.4% on the 2009 price, before the service charge of about AED 21,600 a year.

Sales and rents for 2903 over time

Sales
Unit 2903, each saleTypical one-bed in South Ridge Towers 2
1M2M2009201420192024Typical sale price by year: 2009 AED 963,552; 2010 AED 857,888; 2011 AED 778,060; 2012 AED 1,102,500; 2013 AED 1,390,000; 2014 AED 1,935,000; 2015 AED 1,900,000; 2016 AED 1,612,500; 2017 AED 1,630,000; 2018 AED 1,510,000; 2019 AED 935,000; 2020 AED 1,100,000; 2021 AED 1,200,000; 2022 AED 1,410,000; 2023 AED 1,480,000; 2024 AED 1,650,000; 2025 AED 2,080,000; 2026 AED 1,750,000Sold by developer, March 2009: AED 1,032,888 (AED 914 per sqft)

2903 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2903, each contractTypical one-bed in South Ridge Towers 2
75K100K125K2012201620202024Typical rent by year: 2012 AED 77,500; 2013 AED 90,000; 2014 AED 107,000; 2015 AED 115,000; 2016 AED 115,000; 2017 AED 107,000; 2018 AED 97,500; 2019 AED 90,000; 2020 AED 80,000; 2021 AED 75,000; 2022 AED 82,975; 2023 AED 91,375; 2024 AED 101,750; 2025 AED 112,625; 2026 AED 115,000New contract, January 2013: AED 90,000 a yearNew contract, January 2015: AED 93,000 a yearNew contract, April 2016: AED 118,000 a yearNew contract, October 2018: AED 95,000 a yearNew contract, June 2020: AED 75,000 a yearRenewal, June 2021: AED 75,000 a yearNew contract, July 2022: AED 105,000 a yearNew contract, June 2023: AED 118,000 a yearRenewal, June 2024: AED 118,000 a yearRenewal, June 2025: AED 118,000 a yearRenewal, June 2025: AED 118,000 a yearRenewal, June 2025: AED 120,000 a yearRenewal, June 2025: AED 120,000 a year

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 2903 sits

All 95 1-beds →

2903 last sold in March 2009 at AED 914 per sqft, in line with what one-beds in South Ridge Towers 2 were fetching at the time (AED 903). 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. 2903's AED 118,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 20261,700,000
1 Oct 20262,000,000
5 Aug 202626,811
13 Jul 20261,700,000
6 1-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 29th floor

All 158 units in South Ridge Towers 2
Value
29012-bedAED 2.3M · Jun 2020
29022-bedAED 2.6M · Dec 2009
29041-bedAED 2.1M · Sep 2025
29051-bedAED 1.15M · Sep 2020

2903, South Ridge Towers 2 in numbers

  • Sold once: by Emaar on 9 March 2009 for AED 1,032,888, or AED 914 per sqft.
  • Rented since January 2013 on 13 Ejari contracts. The rent fell from AED 90,000 to AED 75,000 in 2021 and recovered to AED 118,000 by June 2025.
  • At AED 118,000 a year the gross yield on the 2009 price is 11.4%, 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 1 June 2025.

Questions about 2903, South Ridge Towers 2

What did unit 2903 last sell for?

AED 1,032,888 on 9 March 2009, sold by the developer: AED 914 per sqft for 1,129 sqft. It is the only registered sale of the unit.

What is the rent for unit 2903?

AED 118,000 a year on the contract renewed on 1 June 2025. The previous contract, from June 2025, was AED 118,000; the unit has been rented since January 2013.

How big is unit 2903?

1,129 sqft (104.9 sqm): a one-bedroom apartment on the 29th floor of a 33-storey tower completed in 2008.

What is unit 2903 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 2903, South Ridge Towers 2

Starts from the last sale price (AED 1.03M, 9 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,032,888
Deposit, UAE resident (20%)
AED 206,578
Deposit, non-resident (40%)
AED 413,155
Monthly over 25 years at 3.7%
AED 4,226

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