2-bed · 1,560 sqftSouth Ridge Towers 3, Downtown Dubai · 4th floor · completed 2008

402, South Ridge Towers 3

Sold prices and rental history: sold 3 times, last in July 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 16 July 2013
Last soldAED 2.75M16 July 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, South Ridge Towers 3

What is 402 worth today?

Last sold for AED 2,750,000 in 2013

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16 Jul 2013SoldReady
AED 2,750,000AED 1,762 per sqft
4 Mar 2013SoldReady
AED 2,440,000AED 1,564 per sqft
27 Dec 2012Sold by developerReady
AED 2,982,888AED 1,912 per sqft

Source: Dubai Land Department. Updated 16 July 2013.

Key facts

Type
2-bed apartment
Size
1,560 sqft
Floor
4th of 25
Parking
L1-054
Developer
Emaar
Completed
2008
Service charge
AED 29,900 /yr
Last sold
AED 2.75M · July 2013

About 402, South Ridge Towers 3

402 is a two-bedroom apartment of 1,560 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 16 July 2013 for AED 2,750,000, or AED 1,762 per sqft, 20% above the AED 1,473 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 402 over time

Sales
Unit 402, 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, December 2012: AED 2,982,888 (AED 1,912 per sqft)Sold, March 2013: AED 2,440,000 (AED 1,564 per sqft)Sold, July 2013: AED 2,750,000 (AED 1,762 per sqft)

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

Rents
Unit 402, 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 402 sits

All 47 2-beds →

402 last sold in July 2013 at AED 1,762 per sqft, 20% above what two-beds in South Ridge Towers 3 were fetching at the time (AED 1,473). 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 4th floor

All 117 units in South Ridge Towers 3
Value
4012-bedAED 3.74M · Feb 2025
4031-bedAED 434K · Jan 2013
4041-bedAED 392K · Aug 2010
4051-bedAED 1.46M · Mar 2024

402, South Ridge Towers 3 in numbers

  • Sold 3 times: first on 27 December 2012 for AED 2,982,888, last on 16 July 2013 for AED 2,750,000 (AED 1,762 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 16 July 2013.

Questions about 402, South Ridge Towers 3

What did unit 402 last sell for?

AED 2,750,000 on 16 July 2013: AED 1,762 per sqft for 1,560 sqft. The unit has 3 registered sales; the first was AED 2,982,888 in December 2012.

How big is unit 402?

1,560 sqft (144.9 sqm): a two-bedroom apartment on the 4th floor of a 25-storey tower completed in 2008.

What is unit 402 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 402, South Ridge Towers 3

Starts from the last sale price (AED 2.75M, 16 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

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