702, South Ridge Towers 2
Sold prices and rental history: sold twice, last in January 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, South Ridge Towers 2
What is 702 worth today?
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Source: Dubai Land Department. Updated 15 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,679 sqft
- Floor
- 7th of 33
- Parking
- B1-200
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 32,200 /yr
- Last sold
- AED 3.19M · January 2014
- Building
- South Ridge Towers 2
About 702, South Ridge Towers 2
702 is a two-bedroom apartment of 1,679 sqft on the 7th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 30 January 2014 for AED 3,185,000, or AED 1,897 per sqft, 5% above the AED 1,804 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 15 February 2025, is AED 195,000 a year: a gross yield of 6.1% on the 2014 price, before the service charge of about AED 32,200 a year.
Sales and rents for 702 over time
702 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 702 sits
All 61 2-beds →702 last sold in January 2014 at AED 1,897 per sqft, 5% above what two-beds in South Ridge Towers 2 were fetching at the time (AED 1,804). 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. 702's AED 195,000 is in the upper half 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 7th floor
All 158 units in South Ridge Towers 2702, South Ridge Towers 2 in numbers
- Sold twice: first on 29 August 2010 for AED 1,670,888, last on 30 January 2014 for AED 3,185,000 (AED 1,897 per sqft).
- Rented since February 2015 on 6 Ejari contracts. The rent fell from AED 150,000 to AED 110,000 in 2021 and recovered to AED 195,000 by February 2025.
- At AED 195,000 a year the gross yield on the 2014 price is 6.1%, 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 15 February 2025.
Questions about 702, South Ridge Towers 2
What did unit 702 last sell for?
AED 3,185,000 on 30 January 2014: AED 1,897 per sqft for 1,679 sqft. The unit has 2 registered sales; the first was AED 1,670,888 in August 2010.
What is the rent for unit 702?
AED 195,000 a year on the contract signed on 15 February 2025. The previous contract, from February 2025, was AED 195,000; the unit has been rented since February 2015.
How big is unit 702?
1,679 sqft (156.0 sqm): a two-bedroom apartment on the 7th floor of a 33-storey tower completed in 2008.
What is unit 702 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 702, South Ridge Towers 2
Starts from the last sale price (AED 3.19M, 30 January 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 3,185,000
- Deposit, UAE resident (20%)
- AED 637,000
- Deposit, non-resident (40%)
- AED 1,274,000
- Monthly over 25 years at 3.7%
- AED 13,031
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →