2-bed · 2,434 sqftSouth Ridge Towers 3, Downtown Dubai · 25th floor · completed 2008

2502, South Ridge Towers 3

Sold prices and rental history: sold twice, last in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2502 · DLD and Ejari recordsUpdated 15 January 2024
Last soldAED 4.7M15 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2502, South Ridge Towers 3

What is 2502 worth today?

Last sold for AED 4,700,000 in 2024

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15 Jan 2024SoldReady
AED 4,700,000AED 1,930 per sqft
5 Jul 2012Sold by developerReady
AED 3,236,888AED 1,329 per sqft

Source: Dubai Land Department. Updated 15 January 2024.

Key facts

Type
2-bed apartment
Size
2,434 sqft
Floor
25th of 25
Parking
L1-052 , L1-053
Developer
Emaar
Completed
2008
Service charge
AED 46,700 /yr
Last sold
AED 4.7M · January 2024

About 2502, South Ridge Towers 3

2502 is a two-bedroom apartment of 2,434 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 15 January 2024 for AED 4,700,000, or AED 1,930 per sqft, in line with the AED 1,930 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2502 over time

Sales
Unit 2502, 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, July 2012: AED 3,236,888 (AED 1,329 per sqft)Sold, January 2024: AED 4,700,000 (AED 1,930 per sqft)

2502 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2502, 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 170,000

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 2502 sits

All 47 2-beds →

2502 last sold in January 2024 at AED 1,930 per sqft, in line with what two-beds in South Ridge Towers 3 were fetching at the time (AED 1,930). 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.

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 25th floor

All 117 units in South Ridge Towers 3
Value
25013-bedAED 6.3M · Sep 2022

2502, South Ridge Towers 3 in numbers

  • Sold twice: first on 5 July 2012 for AED 3,236,888, last on 15 January 2024 for AED 4,700,000 (AED 1,930 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 15 January 2024.

Questions about 2502, South Ridge Towers 3

What did unit 2502 last sell for?

AED 4,700,000 on 15 January 2024: AED 1,930 per sqft for 2,434 sqft. The unit has 2 registered sales; the first was AED 3,236,888 in July 2012.

How big is unit 2502?

2,434 sqft (226.1 sqm): a two-bedroom apartment on the 25th floor of a 25-storey tower completed in 2008.

What is unit 2502 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 2502, South Ridge Towers 3

Starts from the last sale price (AED 4.7M, 15 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,700,000
Deposit, UAE resident (20%)
AED 940,000
Deposit, non-resident (40%)
AED 1,880,000
Monthly over 25 years at 3.7%
AED 19,229

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