
701, South Ridge Towers 2
Sold prices and rental history: sold once, by the developer in November 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, South Ridge Towers 2
What is 701 worth today?
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Source: Dubai Land Department. Updated 13 November 2011.
Key facts
- Type
- 2-bed apartment
- Size
- 811 sqft
- Floor
- 7th of 33
- Parking
- L1-066
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 15,500 /yr
- Last sold
- AED 2.43M · November 2011
- Building
- South Ridge Towers 2
About 701, South Ridge Towers 2
701 is a two-bedroom apartment of 811 sqft on the 7th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 13 November 2011 for AED 2,429,888, or AED 1,498 per sqft, 30% above the AED 1,155 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 701 over time
701 has sold once; 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 701 sits
All 61 2-beds →701 last sold in November 2011 at AED 1,498 per sqft, 30% above what two-beds in South Ridge Towers 2 were fetching at the time (AED 1,155). 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.
| 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 7th floor
All 158 units in South Ridge Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 2-bed | 1,679 sqft | AED 3.19MAED 3,185,000 · Jan 2014January 2014 | 195,000 /yr | |
| 703 | 1-bed | 1,129 sqft | AED 1.41MAED 1,410,000 · Nov 2022November 2022 | 120,000 /yr | |
| 704 | 1-bed | 936 sqft | AED 1.4MAED 1,400,000 · Jan 2024January 2024 | 125,000 /yr | |
| 705 | 1-bed | 1,089 sqft | AED 1.6MAED 1,596,210 · May 2025May 2025 | 135,000 /yr |
701, South Ridge Towers 2 in numbers
- Sold once: by Emaar on 13 November 2011 for AED 2,429,888, or AED 1,498 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 13 November 2011.
Questions about 701, South Ridge Towers 2
What did unit 701 last sell for?
AED 2,429,888 on 13 November 2011, sold by the developer: AED 1,498 per sqft for 811 sqft. It is the only registered sale of the unit.
How big is unit 701?
811 sqft (75.3 sqm): a two-bedroom apartment on the 7th floor of a 33-storey tower completed in 2008.
What is unit 701 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 701, South Ridge Towers 2
Starts from the last sale price (AED 2.43M, 13 November 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,429,888
- Deposit, UAE resident (20%)
- AED 485,978
- Deposit, non-resident (40%)
- AED 971,955
- Monthly over 25 years at 3.7%
- AED 9,941
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →