3203, South Ridge Towers 2
Sold prices and rental history: sold twice, last in April 2016, 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 3203, South Ridge Towers 2
What is 3203 worth today?
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Source: Dubai Land Department. Updated 3 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,045 sqft
- Floor
- 32nd of 33
- Parking
- B2-202
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 20,000 /yr
- Last sold
- AED 1.63M · April 2016
- Building
- South Ridge Towers 2
About 3203, South Ridge Towers 2
3203 is a one-bedroom apartment of 1,045 sqft on the 32nd floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 25 April 2016 for AED 1,625,000, or AED 1,555 per sqft, 8% below the AED 1,682 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, signed on 3 February 2026, is AED 130,000 a year: a gross yield of 8.0% on the 2016 price, before the service charge of about AED 20,000 a year.
Sales and rents for 3203 over time
3203 has sold twice; 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 3203 sits
All 95 1-beds →3203 last sold in April 2016 at AED 1,555 per sqft, 8% below what one-beds in South Ridge Towers 2 were fetching at the time (AED 1,682). 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. 3203's AED 130,000 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 32nd floor
All 158 units in South Ridge Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3201 | 2-bed | 1,574 sqft | AED 3.25MAED 3,250,000 · Feb 2025February 2025 | 200,000 /yr | |
| 3202 | 2-bed | 1,464 sqft | AED 3.55MAED 3,550,000 · Dec 2023December 2023 | 180,000 /yr | |
| 3204 | 1-bed | 897 sqft | AED 1.88MAED 1,875,000 · Apr 2014April 2014 | 105,000 /yr | |
| 3205 | 1-bed | 1,098 sqft | AED 1.55MAED 1,550,000 · Apr 2018April 2018 |
3203, South Ridge Towers 2 in numbers
- Sold twice: first on 20 June 2011 for AED 867,888, last on 25 April 2016 for AED 1,625,000 (AED 1,555 per sqft).
- Rented since July 2016 on 11 Ejari contracts. The rent fell from AED 125,000 to AED 73,000 in 2021 and recovered to AED 130,000 by February 2026.
- At AED 130,000 a year the gross yield on the 2016 price is 8.0%, before a service charge of about AED 20,000 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 3 February 2026.
Questions about 3203, South Ridge Towers 2
What did unit 3203 last sell for?
AED 1,625,000 on 25 April 2016: AED 1,555 per sqft for 1,045 sqft. The unit has 2 registered sales; the first was AED 867,888 in June 2011.
What is the rent for unit 3203?
AED 130,000 a year on the contract signed on 3 February 2026. The previous contract, from January 2025, was AED 120,000; the unit has been rented since July 2016.
How big is unit 3203?
1,045 sqft (97.1 sqm): a one-bedroom apartment on the 32nd floor of a 33-storey tower completed in 2008.
What is unit 3203 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 3203, South Ridge Towers 2
Starts from the last sale price (AED 1.63M, 25 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,625,000
- Deposit, UAE resident (20%)
- AED 325,000
- Deposit, non-resident (40%)
- AED 650,000
- Monthly over 25 years at 3.7%
- AED 6,648
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →