402, South Ridge Towers 2
Sold prices and rental history: sold twice, last in November 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, South Ridge Towers 2
What is 402 worth today?
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Source: Dubai Land Department. Updated 18 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,679 sqft
- Floor
- 4th of 33
- Parking
- B2-214
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 32,200 /yr
- Last sold
- AED 2.1M · November 2021
- Building
- South Ridge Towers 2
About 402, South Ridge Towers 2
402 is a two-bedroom apartment of 1,679 sqft on the 4th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 14 November 2021 for AED 2,099,230, or AED 1,250 per sqft.
It has been rented continuously since 2012 on 15 Ejari contracts. The current contract, renewed on 18 November 2025, is AED 205,000 a year: a gross yield of 9.8% on the 2021 price, before the service charge of about AED 32,200 a year.
Sales and rents for 402 over time
402 has sold twice; 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 402 sits
All 61 2-beds →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. 402's AED 205,000 is in the upper 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 4th floor
All 158 units in South Ridge Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,622 sqft | AED 1.62MAED 1,623,888 · Jul 2010July 2010 | 132,825 /yr | |
| 403 | 1-bed | 1,129 sqft | AED 900KAED 900,000 · Sep 2014September 2014 | 88,000 /yr | |
| 404 | 1-bed | 936 sqft | AED 370KAED 370,444 · Oct 2010October 2010 | 110,000 /yr | |
| 405 | 1-bed | 1,089 sqft | AED 1.95MAED 1,950,000 · Apr 2024April 2024 | 115,000 /yr |
402, South Ridge Towers 2 in numbers
- Sold twice: first on 18 March 2010 for AED 1,615,888, last on 14 November 2021 for AED 2,099,230 (AED 1,250 per sqft).
- Rented since October 2012 on 15 Ejari contracts. The rent fell from AED 131,250 to AED 60,000 in 2020 and recovered to AED 205,000 by November 2025.
- At AED 205,000 a year the gross yield on the 2021 price is 9.8%, 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 18 November 2025.
Questions about 402, South Ridge Towers 2
What did unit 402 last sell for?
AED 2,099,230 on 14 November 2021: AED 1,250 per sqft for 1,679 sqft. The unit has 2 registered sales; the first was AED 1,615,888 in March 2010.
What is the rent for unit 402?
AED 205,000 a year on the contract renewed on 18 November 2025. The previous contract, from November 2024, was AED 205,000; the unit has been rented since October 2012.
How big is unit 402?
1,679 sqft (156.0 sqm): a two-bedroom apartment on the 4th floor of a 33-storey tower completed in 2008.
What is unit 402 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 402, South Ridge Towers 2
Starts from the last sale price (AED 2.1M, 14 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,099,230
- Deposit, UAE resident (20%)
- AED 419,846
- Deposit, non-resident (40%)
- AED 839,692
- Monthly over 25 years at 3.7%
- AED 8,589
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →