1-bed · 1,129 sqftSouth Ridge Towers 2, Downtown Dubai · 4th floor · completed 2008

403, South Ridge Towers 2

Sold prices and rental history: sold 4 times, last in September 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 10 April 2026
Last soldAED 900K23 September 2014
Current rentAED 88K /yr10 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, South Ridge Towers 2

What is 403 worth today?

Last sold for AED 900,000 in 2014

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10 Apr 2026RentedRenewal
AED 88,000/yr12 months · AED 78 per sqft
10 Apr 2025RentedNew contract
AED 88,000/yr12 months · AED 78 per sqft
10 Apr 2025RentedNew contract
AED 88,000/yr12 months · AED 78 per sqft
10 Apr 2024RentedRenewal
AED 85,000/yr12 months · AED 75 per sqft
10 Apr 2023RentedRenewal
AED 82,000/yr12 months · AED 73 per sqft
10 Apr 2022RentedRenewal
AED 75,000/yr12 months · AED 66 per sqft
10 Apr 2021RentedRenewal
AED 75,000/yr12 months · AED 66 per sqft
10 Apr 2020RentedRenewal
AED 82,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 10 April 2026.

Key facts

Type
1-bed apartment
Size
1,129 sqft
Floor
4th of 33
Parking
B2-134
Developer
Emaar
Completed
2008
Service charge
AED 21,600 /yr
Last sold
AED 900K · September 2014

About 403, South Ridge Towers 2

403 is a one-bedroom apartment of 1,129 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 23 September 2014 for AED 900,000, or AED 797 per sqft, 54% below the AED 1,722 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 10 April 2026, is AED 88,000 a year: a gross yield of 9.8% on the 2014 price, before the service charge of about AED 21,600 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical one-bed in South Ridge Towers 2
1M2M2009201420192024Typical sale price by year: 2009 AED 963,552; 2010 AED 857,888; 2011 AED 778,060; 2012 AED 1,102,500; 2013 AED 1,390,000; 2014 AED 1,935,000; 2015 AED 1,900,000; 2016 AED 1,612,500; 2017 AED 1,630,000; 2018 AED 1,510,000; 2019 AED 935,000; 2020 AED 1,100,000; 2021 AED 1,200,000; 2022 AED 1,410,000; 2023 AED 1,480,000; 2024 AED 1,650,000; 2025 AED 2,080,000; 2026 AED 1,750,000Sold by developer, March 2009: AED 2,369,000 (AED 2,098 per sqft)Sold, March 2009: AED 904,888 (AED 801 per sqft)Sold, June 2012: AED 1,220,000 (AED 1,080 per sqft)Sold, September 2014: AED 900,000 (AED 797 per sqft)

403 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 403, each contractTypical one-bed in South Ridge Towers 2
75K100K125K2012201620202024Typical rent by year: 2012 AED 77,500; 2013 AED 90,000; 2014 AED 107,000; 2015 AED 115,000; 2016 AED 115,000; 2017 AED 107,000; 2018 AED 97,500; 2019 AED 90,000; 2020 AED 80,000; 2021 AED 75,000; 2022 AED 82,975; 2023 AED 91,375; 2024 AED 101,750; 2025 AED 112,625; 2026 AED 115,000New contract, May 2014: AED 104,308 a yearNew contract, May 2015: AED 113,000 a yearNew contract, March 2016: AED 120,000 a yearNew contract, April 2019: AED 90,000 a yearRenewal, April 2020: AED 82,000 a yearRenewal, April 2021: AED 75,000 a yearRenewal, April 2022: AED 75,000 a yearRenewal, April 2023: AED 82,000 a yearRenewal, April 2024: AED 85,000 a yearNew contract, April 2025: AED 88,000 a yearNew contract, April 2025: AED 88,000 a yearRenewal, April 2026: AED 88,000 a year

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 403 sits

All 95 1-beds →

403 last sold in September 2014 at AED 797 per sqft, 54% below what one-beds in South Ridge Towers 2 were fetching at the time (AED 1,722). 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. 403's AED 88,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 20261,700,000
1 Oct 20262,000,000
5 Aug 202626,811
13 Jul 20261,700,000
6 1-bed sales in the last 12 months

South Ridge Towers 2

Building

158 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%
South Ridge Towers 2, Downtown Dubai: prices, sales and rents →

Other units on the 4th floor

All 158 units in South Ridge Towers 2
Value
4012-bedAED 1.62M · Jul 2010
4022-bedAED 2.1M · Nov 2021
4041-bedAED 370K · Oct 2010
4051-bedAED 1.95M · Apr 2024

403, South Ridge Towers 2 in numbers

  • Sold 4 times: first on 26 March 2009 for AED 904,888, last on 23 September 2014 for AED 900,000 (AED 797 per sqft).
  • Rented since May 2014 on 12 Ejari contracts. The rent fell from AED 104,308 to AED 75,000 in 2022 and recovered to AED 88,000 by April 2026.
  • At AED 88,000 a year the gross yield on the 2014 price is 9.8%, before a service charge of about AED 21,600 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 10 April 2026.

Questions about 403, South Ridge Towers 2

What did unit 403 last sell for?

AED 900,000 on 23 September 2014: AED 797 per sqft for 1,129 sqft. The unit has 4 registered sales; the first was AED 904,888 in March 2009.

What is the rent for unit 403?

AED 88,000 a year on the contract renewed on 10 April 2026. The previous contract, from April 2025, was AED 88,000; the unit has been rented since May 2014.

How big is unit 403?

1,129 sqft (104.9 sqm): a one-bedroom apartment on the 4th floor of a 33-storey tower completed in 2008.

What is unit 403 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 403, South Ridge Towers 2

Starts from the last sale price (AED 900K, 23 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →