503, South Ridge Towers 2
Sold prices and rental history: sold 4 times, last in January 2025, 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 503, South Ridge Towers 2
What is 503 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 29 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,129 sqft
- Floor
- 5th of 33
- Parking
- B2-205
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 21,600 /yr
- Last sold
- AED 1.86M · January 2025
- Building
- South Ridge Towers 2
About 503, South Ridge Towers 2
503 is a one-bedroom apartment of 1,129 sqft on the 5th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 29 January 2025 for AED 1,860,000, or AED 1,647 per sqft, 4% below the AED 1,721 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 17 June 2024, is AED 112,000 a year: a gross yield of 6.0% on the 2025 price, before the service charge of about AED 21,600 a year.
Sales and rents for 503 over time
503 has sold 4 times; 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 503 sits
All 95 1-beds →503 last sold in January 2025 at AED 1,647 per sqft, 4% below what one-beds in South Ridge Towers 2 were fetching at the time (AED 1,721). 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. 503's AED 112,000 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 5th floor
All 158 units in South Ridge Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,622 sqft | AED 4.2MAED 4,200,000 · Dec 2014December 2014 | 120,000 /yr | |
| 502 | 2-bed | 839 sqft | AED 1.65MAED 1,648,888 · Sep 2011September 2011 | 120,000 /yr | |
| 504 | 1-bed | 936 sqft | AED 1.83MAED 1,825,000 · Jan 2014January 2014 | 95,000 /yr | |
| 505 | 1-bed | 1,089 sqft | AED 2.25MAED 2,250,000 · Apr 2025April 2025 | 105,000 /yr |
503, South Ridge Towers 2 in numbers
- Sold 4 times: first on 8 November 2010 for AED 2,420,500, last on 29 January 2025 for AED 1,860,000 (AED 1,647 per sqft).
- Rented since November 2013 on 6 Ejari contracts. The rent fell from AED 110,000 to AED 75,000 in 2021 and recovered to AED 112,000 by June 2024.
- At AED 112,000 a year the gross yield on the 2025 price is 6.0%, 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 29 January 2025.
Questions about 503, South Ridge Towers 2
What did unit 503 last sell for?
AED 1,860,000 on 29 January 2025: AED 1,647 per sqft for 1,129 sqft. The unit has 4 registered sales; the first was AED 2,420,500 in November 2010.
What is the rent for unit 503?
AED 112,000 a year on the contract signed on 17 June 2024. The previous contract, from June 2023, was AED 84,000; the unit has been rented since November 2013.
How big is unit 503?
1,129 sqft (104.9 sqm): a one-bedroom apartment on the 5th floor of a 33-storey tower completed in 2008.
What is unit 503 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.
Selling 503? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 503, South Ridge Towers 2
Starts from the last sale price (AED 1.86M, 29 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,860,000
- Deposit, UAE resident (20%)
- AED 372,000
- Deposit, non-resident (40%)
- AED 744,000
- Monthly over 25 years at 3.7%
- AED 7,610
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →