1601, South Ridge Towers 3
Sold prices and rental history: sold once, by the developer in March 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, South Ridge Towers 3
What is 1601 worth today?
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Source: Dubai Land Department. Updated 4 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,663 sqft
- Floor
- 16th of 25
- Parking
- B1-288
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 31,900 /yr
- Last sold
- AED 872K · March 2013
- Building
- South Ridge Towers 3
About 1601, South Ridge Towers 3
1601 is a two-bedroom apartment of 1,663 sqft on the 16th floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 17 March 2013 for AED 871,944, or AED 524 per sqft, 58% below the AED 1,253 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 14 Ejari contracts. The current contract, signed on 4 June 2026, is AED 160,000 a year: a gross yield of 18.4% on the 2013 price, before the service charge of about AED 31,900 a year.
Sales and rents for 1601 over time
1601 has sold once; 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 1601 sits
All 47 2-beds →1601 last sold in March 2013 at AED 524 per sqft, 58% below what two-beds in South Ridge Towers 3 were fetching at the time (AED 1,253). 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. 1601's AED 160,000 is in the lower half 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 16th floor
All 117 units in South Ridge Towers 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 2-bed | 1,560 sqft | AED 3.64MAED 3,640,000 · Aug 2010August 2010 | 156,272 /yr | |
| 1603 | 1-bed | 1,025 sqft | AED 1.78MAED 1,775,000 · May 2015May 2015 | 90,000 /yr | |
| 1604 | 1-bed | 985 sqft | AED 1.8MAED 1,800,000 · Nov 2024November 2024 | 77,000 /yr | |
| 1605 | 1-bed | 974 sqft | AED 1.45MAED 1,450,000 · May 2023May 2023 | 72,000 /yr |
1601, South Ridge Towers 3 in numbers
- Sold once: by Emaar on 17 March 2013 for AED 871,944, or AED 524 per sqft.
- Rented since February 2014 on 14 Ejari contracts. The rent fell from AED 138,000 to AED 115,000 in 2021 and recovered to AED 160,000 by June 2026.
- At AED 160,000 a year the gross yield on the 2013 price is 18.4%, 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 4 June 2026.
Questions about 1601, South Ridge Towers 3
What did unit 1601 last sell for?
AED 871,944 on 17 March 2013, sold by the developer: AED 524 per sqft for 1,663 sqft. It is the only registered sale of the unit.
What is the rent for unit 1601?
AED 160,000 a year on the contract signed on 4 June 2026. The previous contract, from June 2025, was AED 160,000; the unit has been rented since February 2014.
How big is unit 1601?
1,663 sqft (154.5 sqm): a two-bedroom apartment on the 16th floor of a 25-storey tower completed in 2008.
What is unit 1601 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 1601, South Ridge Towers 3
Starts from the last sale price (AED 872K, 17 March 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 871,944
- Deposit, UAE resident (20%)
- AED 174,389
- Deposit, non-resident (40%)
- AED 348,778
- Monthly over 25 years at 3.7%
- AED 3,567
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →