603, South Ridge Towers 2
Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 603, South Ridge Towers 2
What is 603 worth today?
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Source: Dubai Land Department. Updated 9 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,129 sqft
- Floor
- 6th of 33
- Parking
- B2-207
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 21,600 /yr
- Last sold
- AED 1.49M · March 2023
- Building
- South Ridge Towers 2
About 603, South Ridge Towers 2
603 is a one-bedroom apartment of 1,129 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 24 March 2023 for AED 1,485,000, or AED 1,315 per sqft, in line with the AED 1,282 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 9 April 2024, is AED 55,000 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 21,600 a year.
Sales and rents for 603 over time
603 has sold twice; 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 603 sits
All 95 1-beds →603 last sold in March 2023 at AED 1,315 per sqft, in line with what one-beds in South Ridge Towers 2 were fetching at the time (AED 1,282). 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. 603's AED 55,000 is at the bottom 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 6th floor
All 158 units in South Ridge Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,622 sqft | AED 4.2MAED 4,200,000 · Sep 2014September 2014 | 150,000 /yr | |
| 602 | 2-bed | 1,679 sqft | AED 1.66MAED 1,659,888 · Mar 2010March 2010 | 180,000 /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 |
603, South Ridge Towers 2 in numbers
- Sold twice: first on 10 August 2010 for AED 914,888, last on 24 March 2023 for AED 1,485,000 (AED 1,315 per sqft).
- Rented since May 2016 on 7 Ejari contracts, from AED 114,692 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2023 price is 3.7%, 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 9 April 2024.
Questions about 603, South Ridge Towers 2
What did unit 603 last sell for?
AED 1,485,000 on 24 March 2023: AED 1,315 per sqft for 1,129 sqft. The unit has 2 registered sales; the first was AED 914,888 in August 2010.
What is the rent for unit 603?
AED 55,000 a year on the contract renewed on 9 April 2024. The previous contract, from April 2023, was AED 55,000; the unit has been rented since May 2016.
How big is unit 603?
1,129 sqft (104.9 sqm): a one-bedroom apartment on the 6th floor of a 33-storey tower completed in 2008.
What is unit 603 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 603, South Ridge Towers 2
Starts from the last sale price (AED 1.49M, 24 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,485,000
- Deposit, UAE resident (20%)
- AED 297,000
- Deposit, non-resident (40%)
- AED 594,000
- Monthly over 25 years at 3.7%
- AED 6,076
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →