601, South Ridge Towers 2
Sold prices and rental history: sold twice, last in September 2014, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 601, South Ridge Towers 2
What is 601 worth today?
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Source: Dubai Land Department. Updated 17 September 2014.
Key facts
- Type
- 2-bed apartment
- Size
- 1,622 sqft
- Floor
- 6th of 33
- Parking
- L1-067
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 31,100 /yr
- Last sold
- AED 4.2M · September 2014
- Building
- South Ridge Towers 2
About 601, South Ridge Towers 2
601 is a two-bedroom apartment of 1,622 sqft on the 6th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 17 September 2014 for AED 4,200,000, or AED 2,589 per sqft, 28% above the AED 2,025 two-beds in the building were fetching at the time.
It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 17 November 2013, is AED 150,000 a year: a gross yield of 3.6% on the 2014 price, before the service charge of about AED 31,100 a year.
Sales and rents for 601 over time
601 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 601 sits
All 61 2-beds →601 last sold in September 2014 at AED 2,589 per sqft, 28% above what two-beds in South Ridge Towers 2 were fetching at the time (AED 2,025). 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. 601's AED 150,000 is at the bottom 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 6th floor
All 158 units in South Ridge Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | 2-bed | 1,679 sqft | AED 1.66MAED 1,659,888 · Mar 2010March 2010 | 180,000 /yr | |
| 603 | 1-bed | 1,129 sqft | AED 1.49MAED 1,485,000 · Mar 2023March 2023 | 55,000 /yr | |
| 604 | 1-bed | 936 sqft | AED 778KAED 778,060 · Mar 2011March 2011 | 105,000 /yr | |
| 605 | 1-bed | 1,089 sqft | AED 1.22MAED 1,220,000 · Mar 2021March 2021 | 100,000 /yr |
601, South Ridge Towers 2 in numbers
- Sold twice: first on 22 June 2014 for AED 4,100,000, last on 17 September 2014 for AED 4,200,000 (AED 2,589 per sqft).
- Rented since October 2012 on 2 Ejari contracts, from AED 124,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2014 price is 3.6%, before a service charge of about AED 31,100 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 17 September 2014.
Questions about 601, South Ridge Towers 2
What did unit 601 last sell for?
AED 4,200,000 on 17 September 2014: AED 2,589 per sqft for 1,622 sqft. The unit has 2 registered sales; the first was AED 4,100,000 in June 2014.
What is the rent for unit 601?
AED 150,000 a year on the contract signed on 17 November 2013. The previous contract, from October 2012, was AED 124,000.
How big is unit 601?
1,622 sqft (150.7 sqm): a two-bedroom apartment on the 6th floor of a 33-storey tower completed in 2008.
What is unit 601 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 601, South Ridge Towers 2
Starts from the last sale price (AED 4.2M, 17 September 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 4,200,000
- Deposit, UAE resident (20%)
- AED 840,000
- Deposit, non-resident (40%)
- AED 1,680,000
- Monthly over 25 years at 3.7%
- AED 17,184
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →