2-bed · 1,679 sqftSouth Ridge Towers 2, Downtown Dubai · 6th floor · completed 2008

602, South Ridge Towers 2

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 3 June 2026
Last soldAED 1.66M15 March 2010
Current rentAED 180K /yr3 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, South Ridge Towers 2

What is 602 worth today?

Last sold for AED 1,659,888 in 2010

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3 Jun 2026RentedRenewal
AED 180,000/yr12 months · AED 107 per sqft
3 Jun 2025RentedRenewal
AED 180,000/yr12 months · AED 107 per sqft
3 Jun 2025RentedRenewal
AED 180,000/yr12 months · AED 107 per sqft
3 Jun 2024RentedNew contract
AED 180,000/yr12 months · AED 107 per sqft
20 Oct 2023RentedRenewal
AED 120,750/yr12 months · AED 72 per sqft
20 Oct 2022RentedRenewal
AED 120,750/yr12 months · AED 72 per sqft
20 Oct 2021RentedRenewal
AED 115,000/yr12 months · AED 68 per sqft
20 Oct 2020RentedNew contract
AED 115,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 3 June 2026.

Key facts

Type
2-bed apartment
Size
1,679 sqft
Floor
6th of 33
Parking
B1-137
Developer
Emaar
Completed
2008
Service charge
AED 32,200 /yr
Last sold
AED 1.66M · March 2010

About 602, South Ridge Towers 2

602 is a two-bedroom apartment of 1,679 sqft on the 6th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 15 March 2010 for AED 1,659,888, or AED 988 per sqft, 8% below the AED 1,075 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 15 Ejari contracts. The current contract, renewed on 3 June 2026, is AED 180,000 a year: a gross yield of 10.8% on the 2010 price, before the service charge of about AED 32,200 a year.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical two-bed in South Ridge Towers 2
2M4M2009201420192024Typical sale price by year: 2009 AED 1,779,444; 2010 AED 1,726,175; 2011 AED 1,899,888; 2012 AED 2,200,000; 2013 AED 2,865,000; 2014 AED 4,100,000; 2022 AED 2,550,000; 2023 AED 2,750,000; 2024 AED 3,100,000; 2025 AED 3,250,000; 2026 AED 3,725,000Sold by developer, March 2010: AED 1,659,888 (AED 988 per sqft)

602 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 602, each contractTypical two-bed in South Ridge Towers 2
150K2012201620202024Typical rent by year: 2012 AED 135,000; 2013 AED 150,000; 2014 AED 168,000; 2015 AED 168,531; 2016 AED 170,000; 2017 AED 165,000; 2018 AED 150,000; 2019 AED 135,000; 2020 AED 115,000; 2021 AED 120,000; 2022 AED 129,250; 2023 AED 147,000; 2024 AED 175,000; 2025 AED 180,000; 2026 AED 180,000New contract, September 2013: AED 145,000 a yearNew contract, September 2014: AED 152,250 a yearRenewal, September 2015: AED 164,860 a yearNew contract, September 2016: AED 159,860 a yearNew contract, September 2017: AED 157,000 a yearNew contract, October 2018: AED 145,000 a yearRenewal, October 2019: AED 145,000 a yearNew contract, October 2020: AED 115,000 a yearRenewal, October 2021: AED 115,000 a yearRenewal, October 2022: AED 120,750 a yearRenewal, October 2023: AED 120,750 a yearNew contract, June 2024: AED 180,000 a yearRenewal, June 2025: AED 180,000 a yearRenewal, June 2025: AED 180,000 a yearRenewal, June 2026: AED 180,000 a year

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 602 sits

All 61 2-beds →

602 last sold in March 2010 at AED 988 per sqft, 8% below what two-beds in South Ridge Towers 2 were fetching at the time (AED 1,075). 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. 602's AED 180,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Sep 20263,750,000
7 Aug 20264,000,000
29 Apr 20263,700,000
26 Feb 20263,475,000
4 2-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 6th floor

All 158 units in South Ridge Towers 2
Value
6012-bedAED 4.2M · Sep 2014
6031-bedAED 1.49M · Mar 2023
6041-bedAED 778K · Mar 2011
6051-bedAED 1.22M · Mar 2021

602, South Ridge Towers 2 in numbers

  • Sold once: by Emaar on 15 March 2010 for AED 1,659,888, or AED 988 per sqft.
  • Rented since September 2013 on 15 Ejari contracts. The rent fell from AED 145,000 to AED 115,000 in 2021 and recovered to AED 180,000 by June 2026.
  • At AED 180,000 a year the gross yield on the 2010 price is 10.8%, 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 3 June 2026.

Questions about 602, South Ridge Towers 2

What did unit 602 last sell for?

AED 1,659,888 on 15 March 2010, sold by the developer: AED 988 per sqft for 1,679 sqft. It is the only registered sale of the unit.

What is the rent for unit 602?

AED 180,000 a year on the contract renewed on 3 June 2026. The previous contract, from June 2025, was AED 180,000; the unit has been rented since September 2013.

How big is unit 602?

1,679 sqft (156.0 sqm): a two-bedroom apartment on the 6th floor of a 33-storey tower completed in 2008.

What is unit 602 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 602, South Ridge Towers 2

Starts from the last sale price (AED 1.66M, 15 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,659,888
Deposit, UAE resident (20%)
AED 331,978
Deposit, non-resident (40%)
AED 663,955
Monthly over 25 years at 3.7%
AED 6,791

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