2401, South Ridge Towers 3
Sold prices and rental history: sold 4 times, last in May 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 2401, South Ridge Towers 3
What is 2401 worth today?
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Source: Dubai Land Department. Updated 1 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,132 sqft
- Floor
- 24th of 25
- Parking
- B1-307
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 21,700 /yr
- Last sold
- AED 2M · May 2024
- Building
- South Ridge Towers 3
About 2401, South Ridge Towers 3
2401 is a one-bedroom apartment of 1,132 sqft on the 24th floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 17 May 2024 for AED 2,000,000, or AED 1,766 per sqft, 9% above the AED 1,614 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 1 October 2026, is AED 115,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 21,700 a year.
Sales and rents for 2401 over time
2401 has sold 4 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in South Ridge Towers 3, and where 2401 sits
All 67 1-beds →2401 last sold in May 2024 at AED 1,766 per sqft, 9% above what one-beds in South Ridge Towers 3 were fetching at the time (AED 1,614). Over the last 12 months one-beds sold for AED 1,750,000 to 2,000,000, around AED 1,902 per sqft, and rent for AED 90,000 to 180,000 a year. 2401's AED 115,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Aug 202627 August 2026 | 1,025 sqft | 1,950,000 | 1,902 | ||
| 16 Jun 202616 June 2026 | 974 sqft | 1,800,000 | 1,848 | ||
| 7 Jun 20267 June 2026 | 974 sqft | 1,750,000 | 1,796 | ||
| 11 Mar 202611 March 2026 | 974 sqft | 1,950,000 | 2,002 |
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 24th floor
All 117 units in South Ridge Towers 32401, South Ridge Towers 3 in numbers
- Sold 4 times: first on 9 February 2011 for AED 519,944, last on 17 May 2024 for AED 2,000,000 (AED 1,766 per sqft).
- Rented since February 2014 on 11 Ejari contracts. The rent fell from AED 125,000 to AED 95,000 in 2019 and recovered to AED 115,000 by October 2026.
- At AED 115,000 a year the gross yield on the 2024 price is 5.8%, before a service charge of about AED 21,700 a year (AED 19.17 per sqft).
- One-beds in South Ridge Towers 3 sold for AED 1,750,000–2,000,000 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 1 October 2026.
Questions about 2401, South Ridge Towers 3
What did unit 2401 last sell for?
AED 2,000,000 on 17 May 2024: AED 1,766 per sqft for 1,132 sqft. The unit has 4 registered sales; the first was AED 519,944 in February 2011.
What is the rent for unit 2401?
AED 115,000 a year on the contract signed on 1 October 2026. The previous contract, from September 2026, was AED 160,000; the unit has been rented since February 2014.
How big is unit 2401?
1,132 sqft (105.2 sqm): a one-bedroom apartment on the 24th floor of a 25-storey tower completed in 2008.
What is unit 2401 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in South Ridge Towers 3 sold for AED 1,750,000 to 2,000,000 in the last 12 months, around AED 1,902 per sqft.
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Mortgage on 2401, South Ridge Towers 3
Starts from the last sale price (AED 2M, 17 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →