701, South Ridge Towers 3
Sold prices and rental history: sold twice, last in July 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, South Ridge Towers 3
What is 701 worth today?
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Source: Dubai Land Department. Updated 5 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,663 sqft
- Floor
- 7th of 25
- Parking
- B1-305
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 31,900 /yr
- Last sold
- AED 1.95M · July 2010
- Building
- South Ridge Towers 3
About 701, South Ridge Towers 3
701 is a two-bedroom apartment of 1,663 sqft on the 7th floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 8 July 2010 for AED 1,950,000, or AED 1,172 per sqft, 18% above the AED 993 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 5 August 2026, is AED 190,000 a year: a gross yield of 9.7% on the 2010 price, before the service charge of about AED 31,900 a year.
Sales and rents for 701 over time
701 has sold twice; 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 701 sits
All 47 2-beds →701 last sold in July 2010 at AED 1,172 per sqft, 18% above what two-beds in South Ridge Towers 3 were fetching at the time (AED 993). 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. 701's AED 190,000 is in the lower half 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 7th floor
All 117 units in South Ridge Towers 3701, South Ridge Towers 3 in numbers
- Sold twice: first on 8 July 2010 for AED 1,651,888, last on 8 July 2010 for AED 1,950,000 (AED 1,172 per sqft).
- Rented since August 2013 on 14 Ejari contracts. The rent fell from AED 160,000 to AED 133,000 in 2020 and recovered to AED 190,000 by August 2026.
- At AED 190,000 a year the gross yield on the 2010 price is 9.7%, 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 5 August 2026.
Questions about 701, South Ridge Towers 3
What did unit 701 last sell for?
AED 1,950,000 on 8 July 2010, sold by the developer: AED 1,172 per sqft for 1,663 sqft. The unit has 2 registered sales; the first was AED 1,651,888 in July 2010.
What is the rent for unit 701?
AED 190,000 a year on the contract renewed on 5 August 2026. The previous contract, from August 2025, was AED 210,000; the unit has been rented since August 2013.
How big is unit 701?
1,663 sqft (154.5 sqm): a two-bedroom apartment on the 7th floor of a 25-storey tower completed in 2008.
What is unit 701 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 701, South Ridge Towers 3
Starts from the last sale price (AED 1.95M, 8 July 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,950,000
- Deposit, UAE resident (20%)
- AED 390,000
- Deposit, non-resident (40%)
- AED 780,000
- Monthly over 25 years at 3.7%
- AED 7,978
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →