902, South Ridge Towers 2
Sold prices and rental history: sold 3 times, last in May 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 902, South Ridge Towers 2
What is 902 worth today?
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Source: Dubai Land Department. Updated 14 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,679 sqft
- Floor
- 9th of 33
- Parking
- B2-167
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 32,200 /yr
- Last sold
- AED 3.15M · May 2024
- Building
- South Ridge Towers 2
About 902, South Ridge Towers 2
902 is a two-bedroom apartment of 1,679 sqft on the 9th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 14 May 2024 for AED 3,150,000, or AED 1,876 per sqft, 9% above the AED 1,726 two-beds in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 25 August 2022, is AED 127,000 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 32,200 a year.
Sales and rents for 902 over time
902 has sold 3 times; 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 902 sits
All 61 2-beds →902 last sold in May 2024 at AED 1,876 per sqft, 9% above what two-beds in South Ridge Towers 2 were fetching at the time (AED 1,726). 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. 902's AED 127,000 is at the bottom 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 9th floor
All 158 units in South Ridge Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | 2-bed | 1,622 sqft | AED 2.85MAED 2,850,000 · Jun 2023June 2023 | 135,000 /yr | |
| 903 | 1-bed | 1,129 sqft | AED 1.48MAED 1,480,000 · Jun 2023June 2023 | 110,000 /yr | |
| 904 | 1-bed | 936 sqft | AED 820KAED 820,000 · Jan 2018January 2018 | 100,000 /yr | |
| 905 | 1-bed | 1,089 sqft | AED 1.58MAED 1,580,000 · Jul 2013July 2013 | 125,000 /yr |
902, South Ridge Towers 2 in numbers
- Sold 3 times: first on 31 March 2009 for AED 1,592,888, last on 14 May 2024 for AED 3,150,000 (AED 1,876 per sqft).
- Rented since August 2021 on 2 Ejari contracts, from AED 120,000 to AED 127,000 a year.
- At AED 127,000 a year the gross yield on the 2024 price is 4.0%, 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 14 May 2024.
Questions about 902, South Ridge Towers 2
What did unit 902 last sell for?
AED 3,150,000 on 14 May 2024: AED 1,876 per sqft for 1,679 sqft. The unit has 3 registered sales; the first was AED 1,592,888 in March 2009.
What is the rent for unit 902?
AED 127,000 a year on the contract signed on 25 August 2022. The previous contract, from August 2021, was AED 120,000.
How big is unit 902?
1,679 sqft (156.0 sqm): a two-bedroom apartment on the 9th floor of a 33-storey tower completed in 2008.
What is unit 902 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 902, South Ridge Towers 2
Starts from the last sale price (AED 3.15M, 14 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,150,000
- Deposit, UAE resident (20%)
- AED 630,000
- Deposit, non-resident (40%)
- AED 1,260,000
- Monthly over 25 years at 3.7%
- AED 12,888
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →