3002, South Ridge Towers 2
Sold prices and rental history: sold 4 times, last in May 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3002, South Ridge Towers 2
What is 3002 worth today?
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Source: Dubai Land Department. Updated 1 March 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,679 sqft
- Floor
- 30th of 33
- Parking
- B1-280
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 32,200 /yr
- Last sold
- AED 2.7M · May 2022
- Building
- South Ridge Towers 2
About 3002, South Ridge Towers 2
3002 is a two-bedroom apartment of 1,679 sqft on the 30th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 19 May 2022 for AED 2,700,000, or AED 1,608 per sqft, 6% above the AED 1,516 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 1 March 2023, is AED 125,000 a year: a gross yield of 4.6% on the 2022 price, before the service charge of about AED 32,200 a year.
Sales and rents for 3002 over time
3002 has sold 4 times; 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 3002 sits
All 61 2-beds →3002 last sold in May 2022 at AED 1,608 per sqft, 6% above what two-beds in South Ridge Towers 2 were fetching at the time (AED 1,516). 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. 3002's AED 125,000 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 30th floor
All 158 units in South Ridge Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3001 | 2-bed | 1,622 sqft | AED 3.75MAED 3,750,000 · Sep 2026September 2026 | 140,000 /yr | |
| 3003 | 1-bed | 1,129 sqft | AED 1.5MAED 1,500,000 · Aug 2023August 2023 | 60,000 /yr | |
| 3004 | 1-bed | 936 sqft | AED 1MAED 1,000,000 · Dec 2020December 2020 | 50,000 /yr | |
| 3005 | 1-bed | 1,089 sqft | AED 1.5MAED 1,500,000 · Dec 2021December 2021 | 70,000 /yr |
3002, South Ridge Towers 2 in numbers
- Sold 4 times: first on 15 November 2009 for AED 2,100,000, last on 19 May 2022 for AED 2,700,000 (AED 1,608 per sqft).
- Rented since February 2015 on 5 Ejari contracts, from AED 185,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2022 price is 4.6%, before a service charge of about AED 32,200 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 1 March 2023.
Questions about 3002, South Ridge Towers 2
What did unit 3002 last sell for?
AED 2,700,000 on 19 May 2022: AED 1,608 per sqft for 1,679 sqft. The unit has 4 registered sales; the first was AED 2,100,000 in November 2009.
What is the rent for unit 3002?
AED 125,000 a year on the contract renewed on 1 March 2023. The previous contract, from March 2022, was AED 125,000; the unit has been rented since February 2015.
How big is unit 3002?
1,679 sqft (156.0 sqm): a two-bedroom apartment on the 30th floor of a 33-storey tower completed in 2008.
What is unit 3002 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 3002, South Ridge Towers 2
Starts from the last sale price (AED 2.7M, 19 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,700,000
- Deposit, UAE resident (20%)
- AED 540,000
- Deposit, non-resident (40%)
- AED 1,080,000
- Monthly over 25 years at 3.7%
- AED 11,047
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →