2-bed · 1,465 sqftSouth Ridge Towers 3, Downtown Dubai · 2nd floor · completed 2008

202, South Ridge Towers 3

Sold prices and rental history: sold once, by the developer in July 2010, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 5 July 2010
Last soldAED 821K5 July 2010
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, South Ridge Towers 3

What is 202 worth today?

Last sold for AED 821,444 in 2010

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5 Jul 2010Sold by developerReady
AED 821,444AED 560 per sqft

Source: Dubai Land Department. Updated 5 July 2010.

Key facts

Type
2-bed apartment
Size
1,465 sqft
Floor
2nd of 25
Parking
B1-301
Developer
Emaar
Completed
2008
Service charge
AED 28,100 /yr
Last sold
AED 821K · July 2010

About 202, South Ridge Towers 3

202 is a two-bedroom apartment of 1,465 sqft on the 2nd floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 5 July 2010 for AED 821,444, or AED 560 per sqft, 25% below the AED 746 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 202 over time

Sales
Unit 202, 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, July 2010: AED 821,444 (AED 560 per sqft)

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

Rents
Unit 202, 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 170,000

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 202 sits

All 47 2-beds →

202 last sold in July 2010 at AED 560 per sqft, 25% below what two-beds in South Ridge Towers 3 were fetching at the time (AED 746). 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.

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 2nd floor

All 117 units in South Ridge Towers 3
Value
2012-bedAED 1.63M · Oct 2010
2031-bedAED 1.28M · Jan 2013
WP201StudioAED 1.35M · Oct 2024
WP202StudioAED 1.06M · Aug 2017

202, South Ridge Towers 3 in numbers

  • Sold once: by Emaar on 5 July 2010 for AED 821,444, or AED 560 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 5 July 2010.

Questions about 202, South Ridge Towers 3

What did unit 202 last sell for?

AED 821,444 on 5 July 2010, sold by the developer: AED 560 per sqft for 1,465 sqft. It is the only registered sale of the unit.

How big is unit 202?

1,465 sqft (136.1 sqm): a two-bedroom apartment on the 2nd floor of a 25-storey tower completed in 2008.

What is unit 202 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 202, South Ridge Towers 3

Starts from the last sale price (AED 821K, 5 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 821,444
Deposit, UAE resident (20%)
AED 164,289
Deposit, non-resident (40%)
AED 328,578
Monthly over 25 years at 3.7%
AED 3,361

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