2-bed · 1,560 sqftSouth Ridge Towers 3, Downtown Dubai · 11th floor · completed 2008

1102, South Ridge Towers 3

Sold prices and rental history: sold twice, last in November 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 11 November 2020
Last soldAED 1.7M9 November 2020
Current rentAED 132K /yr11 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, South Ridge Towers 3

What is 1102 worth today?

Last sold for AED 1,700,000 in 2020

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11 Nov 2020RentedNew contract
AED 132,000/yr3 months · AED 85 per sqft
9 Nov 2020SoldReady
AED 1,700,000AED 1,089 per sqft
11 Nov 2019RentedRenewal
AED 132,000/yr12 months · AED 85 per sqft
11 Nov 2018RentedNew contract
AED 140,000/yr12 months · AED 90 per sqft
7 Nov 2017RentedRenewal
AED 155,000/yr12 months · AED 99 per sqft
7 Nov 2016RentedRenewal
AED 160,000/yr12 months · AED 103 per sqft
7 Nov 2015RentedRenewal
AED 160,000/yr12 months · AED 103 per sqft
7 Nov 2014RentedRenewal
AED 152,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 11 November 2020.

Key facts

Type
2-bed apartment
Size
1,560 sqft
Floor
11th of 25
Parking
L1-060
Developer
Emaar
Completed
2008
Service charge
AED 29,900 /yr
Last sold
AED 1.7M · November 2020

About 1102, South Ridge Towers 3

1102 is a two-bedroom apartment of 1,560 sqft on the 11th floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 9 November 2020 for AED 1,700,000, or AED 1,089 per sqft, 10% above the AED 992 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 11 November 2020, is AED 132,000 a year: a gross yield of 7.8% on the 2020 price, before the service charge of about AED 29,900 a year.

Sales and rents for 1102 over time

Sales
Unit 1102, each saleTypical two-bed in South Ridge Towers 3
2M4M2009201420192024Typical sale price by year: 2009 AED 910,444; 2010 AED 1,806,944; 2011 AED 1,783,888; 2012 AED 1,942,444; 2013 AED 2,440,000; 2014 AED 3,700,000; 2016 AED 3,000,000; 2017 AED 2,830,000; 2020 AED 1,675,000; 2022 AED 2,575,000; 2023 AED 3,000,000; 2024 AED 3,200,000; 2025 AED 3,580,000Sold by developer, June 2010: AED 2,343,888 (AED 1,502 per sqft)Sold, November 2020: AED 1,700,000 (AED 1,089 per sqft)

1102 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1102, each contractTypical two-bed in South Ridge Towers 3
150K2012201620202024Typical rent by year: 2012 AED 135,000; 2013 AED 150,000; 2014 AED 168,711; 2015 AED 170,000; 2016 AED 170,000; 2017 AED 165,000; 2018 AED 150,000; 2019 AED 137,500; 2020 AED 123,750; 2021 AED 119,000; 2022 AED 130,000; 2023 AED 140,000; 2024 AED 160,000; 2025 AED 180,000; 2026 AED 170,000New contract, November 2013: AED 152,000 a yearRenewal, November 2014: AED 152,000 a yearRenewal, November 2015: AED 160,000 a yearRenewal, November 2016: AED 160,000 a yearRenewal, November 2017: AED 155,000 a yearNew contract, November 2018: AED 140,000 a yearRenewal, November 2019: AED 132,000 a yearNew contract, November 2020: AED 132,000 a year

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 3, and where 1102 sits

All 47 2-beds →

1102 last sold in November 2020 at AED 1,089 per sqft, 10% above what two-beds in South Ridge Towers 3 were fetching at the time (AED 992). Over the last 12 months two-beds sold for AED 3,000,000 to 3,400,000, around AED 1,924 per sqft, and rent for AED 150,000 to 240,000 a year. 1102's AED 132,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Sep 20263,400,000
11 May 20263,000,000
9 Sep 20253,580,000
26 Jun 20252,650,000
2 2-bed sales in the last 12 months

South Ridge Towers 3

Building

117 apartments, studios to 3-bed over 25 floors in Downtown Dubai, completed in 2008 by Emaar. 7 sold in the last 12 months.

Typical price per sqft
AED 1,902
Typical sale
AED 1.95M
Typical rent
AED 120K /yr
Typical yield
5.9%
South Ridge Towers 3, Downtown Dubai: prices, sales and rents →

Other units on the 11th floor

All 117 units in South Ridge Towers 3
Value
11012-bedAED 3.55M · Jun 2025
11031-bedAED 1.58M · Apr 2016
11041-bedAED 409K · Feb 2011
11051-bedAED 1.75M · Sep 2023

1102, South Ridge Towers 3 in numbers

  • Sold twice: first on 16 June 2010 for AED 2,343,888, last on 9 November 2020 for AED 1,700,000 (AED 1,089 per sqft).
  • Rented since November 2013 on 8 Ejari contracts, from AED 152,000 to AED 132,000 a year.
  • At AED 132,000 a year the gross yield on the 2020 price is 7.8%, before a service charge of about AED 29,900 a year (AED 19.17 per sqft).
  • Two-beds in South Ridge Towers 3 sold for AED 3,000,000–3,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,902 per sqft.

Source: Dubai Land Department. Updated 11 November 2020.

Questions about 1102, South Ridge Towers 3

What did unit 1102 last sell for?

AED 1,700,000 on 9 November 2020: AED 1,089 per sqft for 1,560 sqft. The unit has 2 registered sales; the first was AED 2,343,888 in June 2010.

What is the rent for unit 1102?

AED 132,000 a year on the contract signed on 11 November 2020. The previous contract, from November 2019, was AED 132,000; the unit has been rented since November 2013.

How big is unit 1102?

1,560 sqft (144.9 sqm): a two-bedroom apartment on the 11th floor of a 25-storey tower completed in 2008.

What is unit 1102 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 3 sold for AED 3,000,000 to 3,400,000 in the last 12 months, around AED 1,924 per sqft.

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Mortgage on 1102, South Ridge Towers 3

Starts from the last sale price (AED 1.7M, 9 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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