1202, South Ridge Towers 3
Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, South Ridge Towers 3
What is 1202 worth today?
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Source: Dubai Land Department. Updated 28 November 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,560 sqft
- Floor
- 12th of 25
- Parking
- B1-291
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 29,900 /yr
- Last sold
- AED 2.58M · November 2022
- Building
- South Ridge Towers 3
About 1202, South Ridge Towers 3
1202 is a two-bedroom apartment of 1,560 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 28 November 2022 for AED 2,575,000, or AED 1,650 per sqft, in line with the AED 1,645 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 20 November 2020, is AED 110,000 a year: a gross yield of 4.3% on the 2022 price, before the service charge of about AED 29,900 a year.
Sales and rents for 1202 over time
1202 has sold twice; 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 3, and where 1202 sits
All 47 2-beds →1202 last sold in November 2022 at AED 1,650 per sqft, in line with what two-beds in South Ridge Towers 3 were fetching at the time (AED 1,645). 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. 1202's AED 110,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Sep 20261 September 2026 | 1,663 sqft | 3,400,000 | 2,044 | ||
| 11 May 202611 May 2026 | 1,663 sqft | 3,000,000 | 1,803 | ||
| 9 Sep 20259 September 2025 | 1,663 sqft | 3,580,000 | 2,152 | ||
| 26 Jun 202526 June 2025 | 1,560 sqft | 2,650,000 | 1,698 |
South Ridge Towers 3
Building117 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%
Other units on the 12th floor
All 117 units in South Ridge Towers 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,663 sqft | AED 3.58MAED 3,580,000 · Sep 2025September 2025 | 92,000 /yr | |
| 1203 | 1-bed | 1,025 sqft | AED 1.4MAED 1,400,000 · Jan 2023January 2023 | 115,000 /yr | |
| 1204 | 1-bed | 985 sqft | AED 1.73MAED 1,730,000 · Jan 2025January 2025 | 74,000 /yr | |
| 1205 | 1-bed | 974 sqft | AED 1.6MAED 1,600,000 · Sep 2014September 2014 | 115,000 /yr |
1202, South Ridge Towers 3 in numbers
- Sold twice: first on 3 October 2013 for AED 1,907,888, last on 28 November 2022 for AED 2,575,000 (AED 1,650 per sqft).
- Rented since July 2013 on 7 Ejari contracts, from AED 135,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2022 price is 4.3%, 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 28 November 2022.
Questions about 1202, South Ridge Towers 3
What did unit 1202 last sell for?
AED 2,575,000 on 28 November 2022: AED 1,650 per sqft for 1,560 sqft. The unit has 2 registered sales; the first was AED 1,907,888 in October 2013.
What is the rent for unit 1202?
AED 110,000 a year on the contract signed on 20 November 2020. The previous contract, from October 2019, was AED 125,000; the unit has been rented since July 2013.
How big is unit 1202?
1,560 sqft (144.9 sqm): a two-bedroom apartment on the 12th floor of a 25-storey tower completed in 2008.
What is unit 1202 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 1202, South Ridge Towers 3
Starts from the last sale price (AED 2.58M, 28 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,575,000
- Deposit, UAE resident (20%)
- AED 515,000
- Deposit, non-resident (40%)
- AED 1,030,000
- Monthly over 25 years at 3.7%
- AED 10,535
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →