1802, South Ridge Towers 3
Sold prices and rental history: sold 3 times, last in September 2024, 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 1802, South Ridge Towers 3
What is 1802 worth today?
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Source: Dubai Land Department. Updated 6 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,560 sqft
- Floor
- 18th of 25
- Parking
- G-054
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 29,900 /yr
- Last sold
- AED 3.15M · September 2024
- Building
- South Ridge Towers 3
About 1802, South Ridge Towers 3
1802 is a two-bedroom apartment of 1,560 sqft on the 18th floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 6 September 2024 for AED 3,150,000, or AED 2,019 per sqft, in line with the AED 1,987 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 12 January 2024, is AED 130,540 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 29,900 a year.
Sales and rents for 1802 over time
1802 has sold 3 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 1802 sits
All 47 2-beds →1802 last sold in September 2024 at AED 2,019 per sqft, in line with what two-beds in South Ridge Towers 3 were fetching at the time (AED 1,987). 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. 1802's AED 130,540 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 18th floor
All 117 units in South Ridge Towers 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1801 | 2-bed | 1,663 sqft | AED 3.7MAED 3,700,000 · Mar 2014March 2014 | 250,000 /yr | |
| 1803 | 1-bed | 1,025 sqft | AED 955KAED 954,888 · Oct 2012October 2012 | 120,000 /yr | |
| 1804 | 1-bed | 985 sqft | AED 1.11MAED 1,110,000 · Aug 2009August 2009 | 120,000 /yr | |
| 1805 | 1-bed | 974 sqft | AED 1.56MAED 1,560,000 · Apr 2017April 2017 | 119,678 /yr |
1802, South Ridge Towers 3 in numbers
- Sold 3 times: first on 29 July 2010 for AED 2,210,000, last on 6 September 2024 for AED 3,150,000 (AED 2,019 per sqft).
- Rented since March 2014 on 10 Ejari contracts. The rent fell from AED 120,000 to AED 50,000 in 2019 and recovered to AED 130,540 by January 2024.
- At AED 130,540 a year the gross yield on the 2024 price is 4.1%, 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 6 September 2024.
Questions about 1802, South Ridge Towers 3
What did unit 1802 last sell for?
AED 3,150,000 on 6 September 2024: AED 2,019 per sqft for 1,560 sqft. The unit has 3 registered sales; the first was AED 2,210,000 in July 2010.
What is the rent for unit 1802?
AED 130,540 a year on the contract renewed on 12 January 2024. The previous contract, from January 2023, was AED 118,353; the unit has been rented since March 2014.
How big is unit 1802?
1,560 sqft (144.9 sqm): a two-bedroom apartment on the 18th floor of a 25-storey tower completed in 2008.
What is unit 1802 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 1802, South Ridge Towers 3
Starts from the last sale price (AED 3.15M, 6 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,150,000
- Deposit, UAE resident (20%)
- AED 630,000
- Deposit, non-resident (40%)
- AED 1,260,000
- Monthly over 25 years at 3.7%
- AED 12,888
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →