302, South Ridge Towers 2
Sold prices and rental history: sold once, by the developer in July 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 302, South Ridge Towers 2
What is 302 worth today?
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Source: Dubai Land Department. Updated 24 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,679 sqft
- Floor
- 3rd of 33
- Parking
- B2-212
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 32,200 /yr
- Last sold
- AED 1.61M · July 2010
- Building
- South Ridge Towers 2
About 302, South Ridge Towers 2
302 is a two-bedroom apartment of 1,679 sqft on the 3rd floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 5 July 2010 for AED 1,605,888, or AED 956 per sqft, 11% below the AED 1,069 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 24 October 2025, is AED 170,000 a year: a gross yield of 10.6% on the 2010 price, before the service charge of about AED 32,200 a year.
Sales and rents for 302 over time
302 has sold once; 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 302 sits
All 61 2-beds →302 last sold in July 2010 at AED 956 per sqft, 11% below what two-beds in South Ridge Towers 2 were fetching at the time (AED 1,069). 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. 302's AED 170,000 is in the lower half 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 3rd floor
All 158 units in South Ridge Towers 2302, South Ridge Towers 2 in numbers
- Sold once: by Emaar on 5 July 2010 for AED 1,605,888, or AED 956 per sqft.
- Rented since September 2013 on 11 Ejari contracts. The rent fell from AED 120,000 to AED 90,000 in 2020 and recovered to AED 170,000 by October 2025.
- At AED 170,000 a year the gross yield on the 2010 price is 10.6%, 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 24 October 2025.
Questions about 302, South Ridge Towers 2
What did unit 302 last sell for?
AED 1,605,888 on 5 July 2010, sold by the developer: AED 956 per sqft for 1,679 sqft. It is the only registered sale of the unit.
What is the rent for unit 302?
AED 170,000 a year on the contract signed on 24 October 2025. The previous contract, from June 2024, was AED 145,000; the unit has been rented since September 2013.
How big is unit 302?
1,679 sqft (156.0 sqm): a two-bedroom apartment on the 3rd floor of a 33-storey tower completed in 2008.
What is unit 302 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 302, South Ridge Towers 2
Starts from the last sale price (AED 1.61M, 5 July 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,605,888
- Deposit, UAE resident (20%)
- AED 321,178
- Deposit, non-resident (40%)
- AED 642,355
- Monthly over 25 years at 3.7%
- AED 6,570
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →