1-bed · 1,129 sqftSouth Ridge Towers 2, Downtown Dubai · 8th floor · completed 2008

803, South Ridge Towers 2

Sold prices and rental history: sold twice, last in February 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 2 May 2025
Last soldAED 1.47M21 February 2018
Current rentAED 130K /yr2 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, South Ridge Towers 2

What is 803 worth today?

Last sold for AED 1,470,000 in 2018

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2 May 2025RentedNew contract
AED 130,000/yr12 months · AED 116 per sqft
29 Oct 2023RentedRenewal
AED 100,000/yr12 months · AED 89 per sqft
29 Oct 2022RentedNew contract
AED 100,000/yr12 months · AED 88 per sqft
14 Jan 2021RentedNew contract
AED 75,000/yr12 months · AED 66 per sqft
9 Jun 2020RentedRenewal
AED 109,714/yr7 months · AED 97 per sqft
9 Jun 2019RentedRenewal
AED 110,000/yr12 months · AED 97 per sqft
9 Jun 2018RentedNew contract
AED 110,000/yr12 months · AED 97 per sqft
21 Feb 2018SoldReady
AED 1,470,000AED 1,302 per sqft

Source: Dubai Land Department. Updated 2 May 2025.

Key facts

Type
1-bed apartment
Size
1,129 sqft
Floor
8th of 33
Parking
B2-133
Developer
Emaar
Completed
2008
Service charge
AED 21,600 /yr
Last sold
AED 1.47M · February 2018

About 803, South Ridge Towers 2

803 is a one-bedroom apartment of 1,129 sqft on the 8th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 21 February 2018 for AED 1,470,000, or AED 1,302 per sqft, 10% below the AED 1,450 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 2 May 2025, is AED 130,000 a year: a gross yield of 8.8% on the 2018 price, before the service charge of about AED 21,600 a year.

Sales and rents for 803 over time

Sales
Unit 803, 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, April 2009: AED 925,888 (AED 820 per sqft)Sold, February 2018: AED 1,470,000 (AED 1,302 per sqft)

803 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 803, each contractTypical one-bed in South Ridge Towers 2
75K100K125K2012201620202024Typical 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, May 2014: AED 89,250 a yearNew contract, March 2015: AED 121,359 a yearNew contract, June 2017: AED 110,000 a yearNew contract, June 2018: AED 110,000 a yearRenewal, June 2019: AED 110,000 a yearRenewal, June 2020: AED 109,714 a yearNew contract, January 2021: AED 75,000 a yearNew contract, October 2022: AED 100,000 a yearRenewal, October 2023: AED 100,000 a yearNew contract, May 2025: AED 130,000 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 803 sits

All 95 1-beds →

803 last sold in February 2018 at AED 1,302 per sqft, 10% below what one-beds in South Ridge Towers 2 were fetching at the time (AED 1,450). 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. 803's AED 130,000 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 8th floor

All 158 units in South Ridge Towers 2
Value
8012-bedAED 2.5M · Mar 2013
8022-bedAED 1.48M · Aug 2023
8041-bedAED 1.7M · Oct 2026
8051-bedAED 1.2M · Feb 2009

803, South Ridge Towers 2 in numbers

  • Sold twice: first on 21 April 2009 for AED 925,888, last on 21 February 2018 for AED 1,470,000 (AED 1,302 per sqft).
  • Rented since May 2014 on 10 Ejari contracts. The rent fell from AED 89,250 to AED 75,000 in 2021 and recovered to AED 130,000 by May 2025.
  • At AED 130,000 a year the gross yield on the 2018 price is 8.8%, 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 2 May 2025.

Questions about 803, South Ridge Towers 2

What did unit 803 last sell for?

AED 1,470,000 on 21 February 2018: AED 1,302 per sqft for 1,129 sqft. The unit has 2 registered sales; the first was AED 925,888 in April 2009.

What is the rent for unit 803?

AED 130,000 a year on the contract signed on 2 May 2025. The previous contract, from October 2023, was AED 100,000; the unit has been rented since May 2014.

How big is unit 803?

1,129 sqft (104.9 sqm): a one-bedroom apartment on the 8th floor of a 33-storey tower completed in 2008.

What is unit 803 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 803, South Ridge Towers 2

Starts from the last sale price (AED 1.47M, 21 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,470,000
Deposit, UAE resident (20%)
AED 294,000
Deposit, non-resident (40%)
AED 588,000
Monthly over 25 years at 3.7%
AED 6,014

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