2501, South Ridge Towers 3
Sold prices and rental history: sold twice, last in September 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2501, South Ridge Towers 3
What is 2501 worth today?
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Source: Dubai Land Department. Updated 9 September 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 3,322 sqft
- Floor
- 25th of 25
- Parking
- L1-050 , L1-051
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 63,700 /yr
- Last sold
- AED 6.3M · September 2022
- Building
- South Ridge Towers 3
About 2501, South Ridge Towers 3
2501 is a three-bedroom apartment of 3,322 sqft on the 25th floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 9 September 2022 for AED 6,300,000, or AED 1,896 per sqft.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 1 June 2021, is AED 230,000 a year: a gross yield of 3.6% on the 2022 price, before the service charge of about AED 63,700 a year.
3-beds in South Ridge Towers 3, and where 2501 sits
All 1 3-beds →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 25th floor
All 117 units in South Ridge Towers 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2502 | 2-bed | 2,434 sqft | AED 4.7MAED 4,700,000 · Jan 2024January 2024 |
2501, South Ridge Towers 3 in numbers
- Sold twice: first on 21 March 2010 for AED 5,054,888, last on 9 September 2022 for AED 6,300,000 (AED 1,896 per sqft).
- Rented since June 2020 on 2 Ejari contracts, at AED 230,000 a year.
- At AED 230,000 a year the gross yield on the 2022 price is 3.6%, before a service charge of about AED 63,700 a year (AED 19.17 per sqft).
Source: Dubai Land Department. Updated 9 September 2022.
Questions about 2501, South Ridge Towers 3
What did unit 2501 last sell for?
AED 6,300,000 on 9 September 2022: AED 1,896 per sqft for 3,322 sqft. The unit has 2 registered sales; the first was AED 5,054,888 in March 2010.
What is the rent for unit 2501?
AED 230,000 a year on the contract signed on 1 June 2021. The previous contract, from June 2020, was AED 230,000.
How big is unit 2501?
3,322 sqft (308.6 sqm): a three-bedroom apartment on the 25th floor of a 25-storey tower completed in 2008.
What is unit 2501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 2501, South Ridge Towers 3
Starts from the last sale price (AED 6.3M, 9 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 6,300,000
- Deposit, UAE resident (20%)
- AED 1,260,000
- Deposit, non-resident (40%)
- AED 2,520,000
- Monthly over 25 years at 3.7%
- AED 25,775
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →