2-bed · 1,560 sqftSouth Ridge Towers 3, Downtown Dubai · 23rd floor · completed 2008

2302, South Ridge Towers 3

Sold prices and rental history: sold twice, last in May 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2302 · DLD and Ejari recordsUpdated 23 December 2025
Last soldAED 4.5M8 May 2014
Current rentAED 173K /yr23 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2302, South Ridge Towers 3

What is 2302 worth today?

Last sold for AED 4,500,000 in 2014

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23 Dec 2025RentedRenewal
AED 173,250/yr12 months · AED 111 per sqft
23 Dec 2024RentedRenewal
AED 165,000/yr12 months · AED 106 per sqft
23 Dec 2023RentedRenewal
AED 150,000/yr12 months · AED 96 per sqft
23 Dec 2022RentedRenewal
AED 135,135/yr12 months · AED 87 per sqft
23 Dec 2021RentedRenewal
AED 122,850/yr12 months · AED 79 per sqft
23 Dec 2020RentedRenewal
AED 117,000/yr12 months · AED 75 per sqft
23 Dec 2019RentedNew contract
AED 135,000/yr12 months · AED 86 per sqft
8 May 2014SoldReady
AED 4,500,000AED 2,884 per sqft

Source: Dubai Land Department. Updated 23 December 2025.

Key facts

Type
2-bed apartment
Size
1,560 sqft
Floor
23rd of 25
Parking
G-060
Developer
Emaar
Completed
2008
Service charge
AED 29,900 /yr
Last sold
AED 4.5M · May 2014

About 2302, South Ridge Towers 3

2302 is a two-bedroom apartment of 1,560 sqft on the 23rd floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 8 May 2014 for AED 4,500,000, or AED 2,884 per sqft, 60% above the AED 1,800 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 23 December 2025, is AED 173,250 a year: a gross yield of 3.9% on the 2014 price, before the service charge of about AED 29,900 a year.

Sales and rents for 2302 over time

Sales
Unit 2302, 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, November 2009: AED 1,950,000 (AED 1,249 per sqft)Sold, May 2014: AED 4,500,000 (AED 2,884 per sqft)

2302 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2302, 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, December 2019: AED 135,000 a yearRenewal, December 2020: AED 117,000 a yearRenewal, December 2021: AED 122,850 a yearRenewal, December 2022: AED 135,135 a yearRenewal, December 2023: AED 150,000 a yearRenewal, December 2024: AED 165,000 a yearRenewal, December 2025: AED 173,250 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 2302 sits

All 47 2-beds →

2302 last sold in May 2014 at AED 2,884 per sqft, 60% above what two-beds in South Ridge Towers 3 were fetching at the time (AED 1,800). 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. 2302's AED 173,250 is in the lower half 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 23rd floor

All 117 units in South Ridge Towers 3
Value
23012-bedAED 964K · Dec 2009
23031-bedAED 1.43M · Jun 2022
23041-bedAED 1.1M · Jun 2012
23051-bedAED 930K · Nov 2011

2302, South Ridge Towers 3 in numbers

  • Sold twice: first on 24 November 2009 for AED 1,950,000, last on 8 May 2014 for AED 4,500,000 (AED 2,884 per sqft).
  • Rented since December 2019 on 7 Ejari contracts. The rent fell from AED 135,000 to AED 117,000 in 2020 and recovered to AED 173,250 by December 2025.
  • At AED 173,250 a year the gross yield on the 2014 price is 3.9%, 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 23 December 2025.

Questions about 2302, South Ridge Towers 3

What did unit 2302 last sell for?

AED 4,500,000 on 8 May 2014: AED 2,884 per sqft for 1,560 sqft. The unit has 2 registered sales; the first was AED 1,950,000 in November 2009.

What is the rent for unit 2302?

AED 173,250 a year on the contract renewed on 23 December 2025. The previous contract, from December 2024, was AED 165,000; the unit has been rented since December 2019.

How big is unit 2302?

1,560 sqft (144.9 sqm): a two-bedroom apartment on the 23rd floor of a 25-storey tower completed in 2008.

What is unit 2302 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 2302, South Ridge Towers 3

Starts from the last sale price (AED 4.5M, 8 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

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