1301, South Ridge Towers 3
Sold prices and rental history: sold 5 times, last in October 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1301, South Ridge Towers 3
What is 1301 worth today?
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Source: Dubai Land Department. Updated 2 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,663 sqft
- Floor
- 13th of 25
- Parking
- B1-040
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 31,900 /yr
- Last sold
- AED 3.6M · October 2024
- Building
- South Ridge Towers 3
About 1301, South Ridge Towers 3
1301 is a two-bedroom apartment of 1,663 sqft on the 13th floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 2 October 2024 for AED 3,600,000, or AED 2,164 per sqft, 7% above the AED 2,014 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 1 June 2022, is AED 130,000 a year: a gross yield of 3.6% on the 2024 price, before the service charge of about AED 31,900 a year.
Sales and rents for 1301 over time
1301 has sold 5 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 3, and where 1301 sits
All 47 2-beds →1301 last sold in October 2024 at AED 2,164 per sqft, 7% above what two-beds in South Ridge Towers 3 were fetching at the time (AED 2,014). 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. 1301's AED 130,000 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 13th floor
All 117 units in South Ridge Towers 31301, South Ridge Towers 3 in numbers
- Sold 5 times: first on 24 November 2009 for AED 856,444, last on 2 October 2024 for AED 3,600,000 (AED 2,164 per sqft).
- Rented since June 2015 on 4 Ejari contracts. The rent fell from AED 183,168 to AED 115,000 in 2021 and recovered to AED 130,000 by June 2022.
- At AED 130,000 a year the gross yield on the 2024 price is 3.6%, 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 2 October 2024.
Questions about 1301, South Ridge Towers 3
What did unit 1301 last sell for?
AED 3,600,000 on 2 October 2024: AED 2,164 per sqft for 1,663 sqft. The unit has 5 registered sales; the first was AED 856,444 in November 2009.
What is the rent for unit 1301?
AED 130,000 a year on the contract renewed on 1 June 2022. The previous contract, from June 2021, was AED 115,000; the unit has been rented since June 2015.
How big is unit 1301?
1,663 sqft (154.5 sqm): a two-bedroom apartment on the 13th floor of a 25-storey tower completed in 2008.
What is unit 1301 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 1301, South Ridge Towers 3
Starts from the last sale price (AED 3.6M, 2 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,600,000
- Deposit, UAE resident (20%)
- AED 720,000
- Deposit, non-resident (40%)
- AED 1,440,000
- Monthly over 25 years at 3.7%
- AED 14,729
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →