2403, South Ridge Towers 3
Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2403, South Ridge Towers 3
What is 2403 worth today?
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Source: Dubai Land Department. Updated 3 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,742 sqft
- Floor
- 24th of 25
- Parking
- B1-308
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 33,400 /yr
- Last sold
- AED 2.45M · November 2023
- Building
- South Ridge Towers 3
About 2403, South Ridge Towers 3
2403 is a two-bedroom apartment of 1,742 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 3 November 2023 for AED 2,450,000, or AED 1,406 per sqft, 12% below the AED 1,592 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 July 2023, is AED 115,000 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 33,400 a year.
Sales and rents for 2403 over time
2403 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 2403 sits
All 47 2-beds →2403 last sold in November 2023 at AED 1,406 per sqft, 12% below what two-beds in South Ridge Towers 3 were fetching at the time (AED 1,592). 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. 2403's AED 115,000 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 24th floor
All 117 units in South Ridge Towers 32403, South Ridge Towers 3 in numbers
- Sold 3 times: first on 12 July 2010 for AED 810,444, last on 3 November 2023 for AED 2,450,000 (AED 1,406 per sqft).
- Rented since March 2013 on 9 Ejari contracts. The rent fell from AED 141,750 to AED 95,000 in 2021 and recovered to AED 115,000 by July 2023.
- At AED 115,000 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 33,400 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 3 November 2023.
Questions about 2403, South Ridge Towers 3
What did unit 2403 last sell for?
AED 2,450,000 on 3 November 2023: AED 1,406 per sqft for 1,742 sqft. The unit has 3 registered sales; the first was AED 810,444 in July 2010.
What is the rent for unit 2403?
AED 115,000 a year on the contract renewed on 15 July 2023. The previous contract, from July 2022, was AED 104,500; the unit has been rented since March 2013.
How big is unit 2403?
1,742 sqft (161.8 sqm): a two-bedroom apartment on the 24th floor of a 25-storey tower completed in 2008.
What is unit 2403 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 2403, South Ridge Towers 3
Starts from the last sale price (AED 2.45M, 3 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,450,000
- Deposit, UAE resident (20%)
- AED 490,000
- Deposit, non-resident (40%)
- AED 980,000
- Monthly over 25 years at 3.7%
- AED 10,024
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →