2201, South Ridge Towers 3
Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2201, South Ridge Towers 3
What is 2201 worth today?
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Source: Dubai Land Department. Updated 11 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,663 sqft
- Floor
- 22nd of 25
- Parking
- B1-284
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 31,900 /yr
- Last sold
- AED 3.35M · March 2024
- Building
- South Ridge Towers 3
About 2201, South Ridge Towers 3
2201 is a two-bedroom apartment of 1,663 sqft on the 22nd floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 11 March 2024 for AED 3,350,000, or AED 2,014 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 2016 on 6 Ejari contracts. The current contract, signed on 14 February 2023, is AED 120,000 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 2201 over time
2201 has sold twice; 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 2201 sits
All 47 2-beds →2201 last sold in March 2024 at AED 2,014 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. 2201's AED 120,000 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 22nd floor
All 117 units in South Ridge Towers 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2202 | 2-bed | 1,560 sqft | AED 1.85MAED 1,850,000 · Dec 2020December 2020 | 155,400 /yr | |
| 2203 | 1-bed | 1,025 sqft | AED 1.83MAED 1,830,000 · Oct 2024October 2024 | 110,000 /yr | |
| 2204 | 1-bed | 985 sqft | AED 1.95MAED 1,950,000 · Dec 2014December 2014 | 119,678 /yr | |
| 2205 | 1-bed | 974 sqft | AED 1.75MAED 1,750,000 · Jun 2026June 2026 | 100,000 /yr |
2201, South Ridge Towers 3 in numbers
- Sold twice: first on 24 September 2012 for AED 1,804,888, last on 11 March 2024 for AED 3,350,000 (AED 2,014 per sqft).
- Rented since December 2016 on 6 Ejari contracts, from AED 172,500 to AED 120,000 a year.
- At AED 120,000 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 11 March 2024.
Questions about 2201, South Ridge Towers 3
What did unit 2201 last sell for?
AED 3,350,000 on 11 March 2024: AED 2,014 per sqft for 1,663 sqft. The unit has 2 registered sales; the first was AED 1,804,888 in September 2012.
What is the rent for unit 2201?
AED 120,000 a year on the contract signed on 14 February 2023. The previous contract, from February 2021, was AED 120,000; the unit has been rented since December 2016.
How big is unit 2201?
1,663 sqft (154.5 sqm): a two-bedroom apartment on the 22nd floor of a 25-storey tower completed in 2008.
What is unit 2201 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 2201, South Ridge Towers 3
Starts from the last sale price (AED 3.35M, 11 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,350,000
- Deposit, UAE resident (20%)
- AED 670,000
- Deposit, non-resident (40%)
- AED 1,340,000
- Monthly over 25 years at 3.7%
- AED 13,706
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →