3302, South Ridge Towers 2
Sold prices and rental history: sold 6 times, last in July 2024, 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 3302, South Ridge Towers 2
What is 3302 worth today?
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Source: Dubai Land Department. Updated 1 July 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,823 sqft
- Floor
- 33rd of 33
- Parking
- L1-023 , L1-024
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 54,100 /yr
- Last sold
- AED 4.95M · July 2024
- Building
- South Ridge Towers 2
About 3302, South Ridge Towers 2
3302 is a three-bedroom apartment of 2,823 sqft on the 33rd floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 1 July 2024 for AED 4,950,000, or AED 1,753 per sqft.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 9 June 2021, is AED 175,000 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 54,100 a year.
3-beds in South Ridge Towers 2, and where 3302 sits
All 2 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 201116 October 2011 | 3,310 sqft | 5,653,888 | 1,708 |
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 33rd floor
All 158 units in South Ridge Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3301 | 3-bed | 3,310 sqft | AED 5.65MAED 5,653,888 · Oct 2011October 2011 |
3302, South Ridge Towers 2 in numbers
- Sold 6 times: first on 14 August 2011 for AED 3,294,888, last on 1 July 2024 for AED 4,950,000 (AED 1,753 per sqft).
- Rented since September 2016 on 5 Ejari contracts, from AED 240,000 to AED 175,000 a year.
- At AED 175,000 a year the gross yield on the 2024 price is 3.5%, before a service charge of about AED 54,100 a year (AED 19.17 per sqft).
Source: Dubai Land Department. Updated 1 July 2024.
Questions about 3302, South Ridge Towers 2
What did unit 3302 last sell for?
AED 4,950,000 on 1 July 2024: AED 1,753 per sqft for 2,823 sqft. The unit has 6 registered sales; the first was AED 3,294,888 in August 2011.
What is the rent for unit 3302?
AED 175,000 a year on the contract signed on 9 June 2021. The previous contract, from April 2019, was AED 195,000; the unit has been rented since September 2016.
How big is unit 3302?
2,823 sqft (262.3 sqm): a three-bedroom apartment on the 33rd floor of a 33-storey tower completed in 2008.
What is unit 3302 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 3302, South Ridge Towers 2
Starts from the last sale price (AED 4.95M, 1 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,950,000
- Deposit, UAE resident (20%)
- AED 990,000
- Deposit, non-resident (40%)
- AED 1,980,000
- Monthly over 25 years at 3.7%
- AED 20,252
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →