2404, South Ridge Towers 3
Sold prices and rental history: sold 5 times, last in September 2020, 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 2404, South Ridge Towers 3
What is 2404 worth today?
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Source: Dubai Land Department. Updated 6 October 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,417 sqft
- Floor
- 24th of 25
- Parking
- B1-297
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 27,200 /yr
- Last sold
- AED 1.29M · September 2020
- Building
- South Ridge Towers 3
About 2404, South Ridge Towers 3
2404 is a two-bedroom apartment of 1,417 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 9 September 2020 for AED 1,285,000, or AED 906 per sqft.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 6 October 2023, is AED 110,000 a year: a gross yield of 8.6% on the 2020 price, before the service charge of about AED 27,200 a year.
Sales and rents for 2404 over time
2404 has sold 5 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 2404 sits
All 47 2-beds →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. 2404's AED 110,000 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 32404, South Ridge Towers 3 in numbers
- Sold 5 times: first on 26 July 2009 for AED 644,444, last on 9 September 2020 for AED 1,285,000 (AED 906 per sqft).
- Rented since August 2016 on 6 Ejari contracts. The rent fell from AED 135,000 to AED 93,000 in 2020 and recovered to AED 110,000 by October 2023.
- At AED 110,000 a year the gross yield on the 2020 price is 8.6%, before a service charge of about AED 27,200 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 6 October 2023.
Questions about 2404, South Ridge Towers 3
What did unit 2404 last sell for?
AED 1,285,000 on 9 September 2020: AED 906 per sqft for 1,417 sqft. The unit has 5 registered sales; the first was AED 644,444 in July 2009.
What is the rent for unit 2404?
AED 110,000 a year on the contract renewed on 6 October 2023. The previous contract, from October 2022, was AED 110,000; the unit has been rented since August 2016.
How big is unit 2404?
1,417 sqft (131.6 sqm): a two-bedroom apartment on the 24th floor of a 25-storey tower completed in 2008.
What is unit 2404 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 2404, South Ridge Towers 3
Starts from the last sale price (AED 1.29M, 9 September 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,285,000
- Deposit, UAE resident (20%)
- AED 257,000
- Deposit, non-resident (40%)
- AED 514,000
- Monthly over 25 years at 3.7%
- AED 5,257
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →