2-bed · 1,663 sqftSouth Ridge Towers 3, Downtown Dubai · 4th floor · completed 2008

401, South Ridge Towers 3

Sold prices and rental history: sold 3 times, last in February 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 13 April 2025
Last soldAED 3.74M28 February 2025
Current rentAED 230K /yr13 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, South Ridge Towers 3

What is 401 worth today?

Last sold for AED 3,740,000 in 2025

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13 Apr 2025RentedNew contract
AED 230,000/yr12 months · AED 138 per sqft
13 Apr 2025RentedNew contract
AED 230,000/yr12 months · AED 138 per sqft
4 Apr 2025RentedNew contract
AED 230,000/yr12 months · AED 138 per sqft
4 Apr 2025RentedNew contract
AED 230,000/yr12 months · AED 138 per sqft
28 Feb 2025SoldReady
AED 3,740,000AED 2,248 per sqft
19 Apr 2024SoldReady
AED 3,000,000AED 1,803 per sqft
16 Nov 2020RentedRenewal
AED 115,000/yr12 months · AED 69 per sqft
16 Nov 2019RentedRenewal
AED 130,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 13 April 2025.

Key facts

Type
2-bed apartment
Size
1,663 sqft
Floor
4th of 25
Parking
B1-275
Developer
Emaar
Completed
2008
Service charge
AED 31,900 /yr
Last sold
AED 3.74M · February 2025

About 401, South Ridge Towers 3

401 is a two-bedroom apartment of 1,663 sqft on the 4th floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 28 February 2025 for AED 3,740,000, or AED 2,248 per sqft, 11% above the AED 2,019 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 13 April 2025, is AED 230,000 a year: a gross yield of 6.2% on the 2025 price, before the service charge of about AED 31,900 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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, June 2010: AED 861,444 (AED 517 per sqft)Sold, April 2024: AED 3,000,000 (AED 1,803 per sqft)Sold, February 2025: AED 3,740,000 (AED 2,248 per sqft)

401 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 401, each contractTypical two-bed in South Ridge Towers 3
100K200K2012201620202024Typical 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 170,000New contract, June 2014: AED 130,410 a yearNew contract, June 2015: AED 143,451 a yearNew contract, November 2017: AED 150,000 a yearRenewal, November 2018: AED 150,000 a yearRenewal, November 2019: AED 130,000 a yearRenewal, November 2020: AED 115,000 a yearNew contract, April 2025: AED 230,000 a yearNew contract, April 2025: AED 230,000 a yearNew contract, April 2025: AED 230,000 a yearNew contract, April 2025: AED 230,000 a year

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 401 sits

All 47 2-beds →

401 last sold in February 2025 at AED 2,248 per sqft, 11% above what two-beds in South Ridge Towers 3 were fetching at the time (AED 2,019). 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. 401's AED 230,000 is in the upper half of that range.

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 4th floor

All 117 units in South Ridge Towers 3
Value
4022-bedAED 2.75M · Jul 2013
4031-bedAED 434K · Jan 2013
4041-bedAED 392K · Aug 2010
4051-bedAED 1.46M · Mar 2024

401, South Ridge Towers 3 in numbers

  • Sold 3 times: first on 14 June 2010 for AED 861,444, last on 28 February 2025 for AED 3,740,000 (AED 2,248 per sqft).
  • Rented since June 2014 on 10 Ejari contracts. The rent fell from AED 130,410 to AED 115,000 in 2020 and recovered to AED 230,000 by April 2025.
  • At AED 230,000 a year the gross yield on the 2025 price is 6.2%, before a service charge of about AED 31,900 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 13 April 2025.

Questions about 401, South Ridge Towers 3

What did unit 401 last sell for?

AED 3,740,000 on 28 February 2025: AED 2,248 per sqft for 1,663 sqft. The unit has 3 registered sales; the first was AED 861,444 in June 2010.

What is the rent for unit 401?

AED 230,000 a year on the contract signed on 13 April 2025. The previous contract, from April 2025, was AED 230,000; the unit has been rented since June 2014.

How big is unit 401?

1,663 sqft (154.5 sqm): a two-bedroom apartment on the 4th floor of a 25-storey tower completed in 2008.

What is unit 401 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 401, South Ridge Towers 3

Starts from the last sale price (AED 3.74M, 28 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,740,000
Deposit, UAE resident (20%)
AED 748,000
Deposit, non-resident (40%)
AED 1,496,000
Monthly over 25 years at 3.7%
AED 15,301

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