2-bed · 1,663 sqftSouth Ridge Towers 3, Downtown Dubai · 17th floor · completed 2008

1701, South Ridge Towers 3

Sold prices and rental history: sold twice, last in May 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1701 · DLD and Ejari recordsUpdated 4 July 2026
Last soldAED 1.75M17 May 2011
Current rentAED 150K /yr4 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701, South Ridge Towers 3

What is 1701 worth today?

Last sold for AED 1,745,750 in 2011

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4 Jul 2026RentedNew contract
AED 150,000/yr15 months · AED 90 per sqft
10 Sep 2025RentedNew contract
AED 180,000/yr12 months · AED 109 per sqft
20 Jul 2024RentedRenewal
AED 150,298/yr13 months · AED 91 per sqft
20 Jul 2022RentedRenewal
AED 124,000/yr12 months · AED 75 per sqft
20 Jul 2021RentedNew contract
AED 118,000/yr12 months · AED 71 per sqft
13 Feb 2019RentedRenewal
AED 155,000/yr12 months · AED 93 per sqft
13 Feb 2018RentedRenewal
AED 155,000/yr12 months · AED 93 per sqft
13 Feb 2017RentedNew contract
AED 165,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 4 July 2026.

Key facts

Type
2-bed apartment
Size
1,663 sqft
Floor
17th of 25
Parking
B1-299
Developer
Emaar
Completed
2008
Service charge
AED 31,900 /yr
Last sold
AED 1.75M · May 2011

About 1701, South Ridge Towers 3

1701 is a two-bedroom apartment of 1,663 sqft on the 17th floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 17 May 2011 for AED 1,745,750, or AED 1,049 per sqft, 6% below the AED 1,120 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 4 July 2026, is AED 150,000 a year: a gross yield of 8.6% on the 2011 price, before the service charge of about AED 31,900 a year.

Sales and rents for 1701 over time

Sales
Unit 1701, 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, August 2010: AED 1,863,888 (AED 1,120 per sqft)Sold, May 2011: AED 1,745,750 (AED 1,049 per sqft)

1701 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1701, 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 2014: AED 165,000 a yearNew contract, February 2017: AED 165,000 a yearRenewal, February 2018: AED 155,000 a yearRenewal, February 2019: AED 155,000 a yearNew contract, July 2021: AED 118,000 a yearRenewal, July 2022: AED 124,000 a yearRenewal, July 2024: AED 150,298 a yearNew contract, September 2025: AED 180,000 a yearNew contract, July 2026: AED 150,000 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 1701 sits

All 47 2-beds →

1701 last sold in May 2011 at AED 1,049 per sqft, 6% below what two-beds in South Ridge Towers 3 were fetching at the time (AED 1,120). 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. 1701's AED 150,000 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 17th floor

All 117 units in South Ridge Towers 3
Value
17022-bedAED 1.85M · Oct 2011
17031-bedAED 1.7M · Sep 2023
17041-bedAED 1.3M · May 2022
17051-bedAED 2M · Dec 2025

1701, South Ridge Towers 3 in numbers

  • Sold twice: first on 12 August 2010 for AED 1,863,888, last on 17 May 2011 for AED 1,745,750 (AED 1,049 per sqft).
  • Rented since November 2014 on 9 Ejari contracts. The rent fell from AED 165,000 to AED 118,000 in 2021 and recovered to AED 150,000 by July 2026.
  • At AED 150,000 a year the gross yield on the 2011 price is 8.6%, 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 4 July 2026.

Questions about 1701, South Ridge Towers 3

What did unit 1701 last sell for?

AED 1,745,750 on 17 May 2011: AED 1,049 per sqft for 1,663 sqft. The unit has 2 registered sales; the first was AED 1,863,888 in August 2010.

What is the rent for unit 1701?

AED 150,000 a year on the contract signed on 4 July 2026. The previous contract, from September 2025, was AED 180,000; the unit has been rented since November 2014.

How big is unit 1701?

1,663 sqft (154.5 sqm): a two-bedroom apartment on the 17th floor of a 25-storey tower completed in 2008.

What is unit 1701 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 1701, South Ridge Towers 3

Starts from the last sale price (AED 1.75M, 17 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,745,750
Deposit, UAE resident (20%)
AED 349,150
Deposit, non-resident (40%)
AED 698,300
Monthly over 25 years at 3.7%
AED 7,142

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