2-bed · 1,663 sqftSouth Ridge Towers 3, Downtown Dubai · 12th floor · completed 2008

1201, South Ridge Towers 3

Sold prices and rental history: sold 4 times, last in September 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 9 September 2025
Last soldAED 3.58M9 September 2025
Current rentAED 92K /yr11 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, South Ridge Towers 3

What is 1201 worth today?

Last sold for AED 3,580,000 in 2025

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9 Sep 2025SoldReady
AED 3,580,000AED 2,152 per sqft
20 May 2024SoldReady
AED 2,700,000AED 1,623 per sqft
11 Aug 2022RentedRenewal
AED 92,000/yr12 months · AED 55 per sqft
11 Aug 2021RentedRenewal
AED 92,000/yr12 months · AED 55 per sqft
11 Aug 2020RentedNew contract
AED 92,000/yr12 months · AED 55 per sqft
5 Jan 2019RentedNew contract
AED 140,000/yr12 months · AED 84 per sqft
20 Aug 2017RentedNew contract
AED 155,000/yr12 months · AED 93 per sqft
24 Jul 2016RentedNew contract
AED 175,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 9 September 2025.

Key facts

Type
2-bed apartment
Size
1,663 sqft
Floor
12th of 25
Parking
B1-039
Developer
Emaar
Completed
2008
Service charge
AED 31,900 /yr
Last sold
AED 3.58M · September 2025

About 1201, South Ridge Towers 3

1201 is a two-bedroom apartment of 1,663 sqft on the 12th floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 9 September 2025 for AED 3,580,000, or AED 2,152 per sqft, in line with the AED 2,158 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 11 August 2022, is AED 92,000 a year: a gross yield of 2.6% on the 2025 price, before the service charge of about AED 31,900 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, 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, January 2010: AED 1,963,500 (AED 1,180 per sqft)Sold, August 2013: AED 2,990,000 (AED 1,797 per sqft)Sold, May 2024: AED 2,700,000 (AED 1,623 per sqft)Sold, September 2025: AED 3,580,000 (AED 2,152 per sqft)

1201 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1201, each contractTypical two-bed in South Ridge Towers 3
100K150K2012201620202024Typical 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, July 2016: AED 175,000 a yearNew contract, August 2017: AED 155,000 a yearNew contract, January 2019: AED 140,000 a yearNew contract, August 2020: AED 92,000 a yearRenewal, August 2021: AED 92,000 a yearRenewal, August 2022: AED 92,000 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 1201 sits

All 47 2-beds →

1201 last sold in September 2025 at AED 2,152 per sqft, in line with what two-beds in South Ridge Towers 3 were fetching at the time (AED 2,158). 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. 1201's AED 92,000 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
26 Jun 20252,650,000
12 Jun 20253,550,000
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 12th floor

All 117 units in South Ridge Towers 3
Value
12022-bedAED 2.58M · Nov 2022
12031-bedAED 1.4M · Jan 2023
12041-bedAED 1.73M · Jan 2025
12051-bedAED 1.6M · Sep 2014

1201, South Ridge Towers 3 in numbers

  • Sold 4 times: first on 24 January 2010 for AED 1,963,500, last on 9 September 2025 for AED 3,580,000 (AED 2,152 per sqft).
  • Rented since July 2016 on 6 Ejari contracts, from AED 175,000 to AED 92,000 a year.
  • At AED 92,000 a year the gross yield on the 2025 price is 2.6%, before a service charge of about AED 31,900 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 9 September 2025.

Questions about 1201, South Ridge Towers 3

What did unit 1201 last sell for?

AED 3,580,000 on 9 September 2025: AED 2,152 per sqft for 1,663 sqft. The unit has 4 registered sales; the first was AED 1,963,500 in January 2010.

What is the rent for unit 1201?

AED 92,000 a year on the contract renewed on 11 August 2022. The previous contract, from August 2021, was AED 92,000; the unit has been rented since July 2016.

How big is unit 1201?

1,663 sqft (154.5 sqm): a two-bedroom apartment on the 12th floor of a 25-storey tower completed in 2008.

What is unit 1201 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 1201, South Ridge Towers 3

Starts from the last sale price (AED 3.58M, 9 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,580,000
Deposit, UAE resident (20%)
AED 716,000
Deposit, non-resident (40%)
AED 1,432,000
Monthly over 25 years at 3.7%
AED 14,647

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