1-bed · 1,129 sqftSouth Ridge Towers 2, Downtown Dubai · 7th floor · completed 2008

703, South Ridge Towers 2

Sold prices and rental history: sold 4 times, last in November 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 25 November 2026
Last soldAED 1.41M30 November 2022
Current rentAED 120K /yr25 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, South Ridge Towers 2

What is 703 worth today?

Last sold for AED 1,410,000 in 2022

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25 Nov 2026RentedNew contract
AED 120,000/yr12 months · AED 106 per sqft
25 Nov 2025RentedRenewal
AED 285,000/yr12 months · AED 252 per sqft
25 Nov 2024RentedNew contract
AED 120,000/yr12 months · AED 106 per sqft
25 Nov 2023RentedNew contract
AED 103,000/yr12 months · AED 91 per sqft
15 Jul 2023RentedNew contract
AED 90,000/yr12 months · AED 80 per sqft
30 Nov 2022SoldReady
AED 1,410,000AED 1,248 per sqft
15 Jul 2021RentedNew contract
AED 75,000/yr12 months · AED 66 per sqft
27 May 2020RentedRenewal
AED 80,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 25 November 2026.

Key facts

Type
1-bed apartment
Size
1,129 sqft
Floor
7th of 33
Parking
B2-161
Developer
Emaar
Completed
2008
Service charge
AED 21,600 /yr
Last sold
AED 1.41M · November 2022

About 703, South Ridge Towers 2

703 is a one-bedroom apartment of 1,129 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 November 2022 for AED 1,410,000, or AED 1,248 per sqft, 3% below the AED 1,288 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 25 November 2026, is AED 120,000 a year: a gross yield of 8.5% on the 2022 price, before the service charge of about AED 21,600 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical one-bed in South Ridge Towers 2
1M2M2009201420192024Typical sale price by year: 2009 AED 963,552; 2010 AED 857,888; 2011 AED 778,060; 2012 AED 1,102,500; 2013 AED 1,390,000; 2014 AED 1,935,000; 2015 AED 1,900,000; 2016 AED 1,612,500; 2017 AED 1,630,000; 2018 AED 1,510,000; 2019 AED 935,000; 2020 AED 1,100,000; 2021 AED 1,200,000; 2022 AED 1,410,000; 2023 AED 1,480,000; 2024 AED 1,650,000; 2025 AED 2,080,000; 2026 AED 1,750,000Sold by developer, January 2009: AED 919,888 (AED 814 per sqft)Sold, January 2009: AED 2,365,000 (AED 2,094 per sqft)Sold, January 2013: AED 1,400,000 (AED 1,240 per sqft)Sold, November 2022: AED 1,410,000 (AED 1,248 per sqft)

703 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 703, each contractTypical one-bed in South Ridge Towers 2
100K200K300K2012201620202024Typical rent by year: 2012 AED 77,500; 2013 AED 90,000; 2014 AED 107,000; 2015 AED 115,000; 2016 AED 115,000; 2017 AED 107,000; 2018 AED 97,500; 2019 AED 90,000; 2020 AED 80,000; 2021 AED 75,000; 2022 AED 82,975; 2023 AED 91,375; 2024 AED 101,750; 2025 AED 112,625; 2026 AED 115,000New contract, February 2015: AED 125,000 a yearRenewal, February 2016: AED 125,000 a yearNew contract, May 2018: AED 97,500 a yearRenewal, May 2019: AED 92,500 a yearRenewal, May 2020: AED 80,000 a yearNew contract, July 2021: AED 75,000 a yearNew contract, July 2023: AED 90,000 a yearNew contract, November 2023: AED 103,000 a yearNew contract, November 2024: AED 120,000 a yearRenewal, November 2025: AED 285,000 a yearNew contract, November 2026: AED 120,000 a year

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 703 sits

All 95 1-beds →

703 last sold in November 2022 at AED 1,248 per sqft, 3% below what one-beds in South Ridge Towers 2 were fetching at the time (AED 1,288). 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. 703's AED 120,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 20261,700,000
1 Oct 20262,000,000
5 Aug 202626,811
13 Jul 20261,700,000
6 1-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 7th floor

All 158 units in South Ridge Towers 2
Value
7012-bedAED 2.43M · Nov 2011
7022-bedAED 3.19M · Jan 2014
7041-bedAED 1.4M · Jan 2024
7051-bedAED 1.6M · May 2025

703, South Ridge Towers 2 in numbers

  • Sold 4 times: first on 29 January 2009 for AED 2,365,000, last on 30 November 2022 for AED 1,410,000 (AED 1,248 per sqft).
  • Rented since February 2015 on 11 Ejari contracts. The rent fell from AED 125,000 to AED 75,000 in 2021 and recovered to AED 120,000 by November 2026.
  • At AED 120,000 a year the gross yield on the 2022 price is 8.5%, 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 25 November 2026.

Questions about 703, South Ridge Towers 2

What did unit 703 last sell for?

AED 1,410,000 on 30 November 2022: AED 1,248 per sqft for 1,129 sqft. The unit has 4 registered sales; the first was AED 2,365,000 in January 2009.

What is the rent for unit 703?

AED 120,000 a year on the contract signed on 25 November 2026. The previous contract, from November 2025, was AED 285,000; the unit has been rented since February 2015.

How big is unit 703?

1,129 sqft (104.9 sqm): a one-bedroom apartment on the 7th floor of a 33-storey tower completed in 2008.

What is unit 703 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 703, South Ridge Towers 2

Starts from the last sale price (AED 1.41M, 30 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,410,000
Deposit, UAE resident (20%)
AED 282,000
Deposit, non-resident (40%)
AED 564,000
Monthly over 25 years at 3.7%
AED 5,769

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