2-bed · 1,663 sqftSouth Ridge Towers 4, Downtown Dubai · 12th floor · completed 2008

1201, South Ridge Towers 4

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 14 November 2023
Last soldAED 2.8M14 November 2023
Current rentAED 138K /yr4 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, South Ridge Towers 4

What is 1201 worth today?

Last sold for AED 2,800,000 in 2023

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14 Nov 2023SoldReady
AED 2,800,000AED 1,683 per sqft
4 Dec 2022RentedRenewal
AED 138,000/yr12 months · AED 83 per sqft
4 Dec 2021RentedRenewal
AED 120,000/yr12 months · AED 72 per sqft
4 Dec 2020RentedNew contract
AED 112,000/yr12 months · AED 67 per sqft
1 Dec 2019RentedNew contract
AED 130,000/yr12 months · AED 78 per sqft
30 Nov 2018RentedRenewal
AED 155,000/yr12 months · AED 93 per sqft
30 Nov 2017RentedRenewal
AED 165,000/yr12 months · AED 99 per sqft
30 Nov 2016RentedNew contract
AED 165,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 14 November 2023.

Key facts

Type
2-bed apartment
Size
1,663 sqft
Floor
12th of 28
Parking
G-097
Developer
Emaar
Completed
2008
Service charge
AED 31,900 /yr
Last sold
AED 2.8M · November 2023

About 1201, South Ridge Towers 4

1201 is a two-bedroom apartment of 1,663 sqft on the 12th floor of South Ridge Towers 4, a 28-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 14 November 2023 for AED 2,800,000, or AED 1,683 per sqft, 4% below the AED 1,762 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 4 December 2022, is AED 138,000 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 31,900 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical two-bed in South Ridge Towers 4
2M4M2009201420192024Typical sale price by year: 2009 AED 1,931,888; 2010 AED 2,000,032; 2011 AED 1,802,444; 2012 AED 2,200,000; 2013 AED 2,625,000; 2014 AED 3,425,000; 2015 AED 3,425,500; 2020 AED 1,590,000; 2021 AED 2,500,000; 2022 AED 2,500,000; 2023 AED 2,850,000; 2024 AED 2,950,000; 2025 AED 3,600,000Sold by developer, June 2010: AED 904,444 (AED 543 per sqft)Sold, November 2023: AED 2,800,000 (AED 1,683 per sqft)

1201 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1201, each contractTypical two-bed in South Ridge Towers 4
100K150K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 150,000; 2014 AED 163,800; 2015 AED 175,000; 2016 AED 172,500; 2017 AED 160,000; 2018 AED 155,000; 2019 AED 140,000; 2020 AED 120,000; 2021 AED 117,750; 2022 AED 134,000; 2023 AED 160,000; 2024 AED 170,000; 2025 AED 185,000; 2026 AED 180,000New contract, July 2012: AED 110,000 a yearNew contract, August 2013: AED 150,000 a yearNew contract, August 2014: AED 140,000 a yearNew contract, October 2014: AED 160,000 a yearNew contract, November 2016: AED 165,000 a yearRenewal, November 2017: AED 165,000 a yearRenewal, November 2018: AED 155,000 a yearNew contract, December 2019: AED 130,000 a yearNew contract, December 2020: AED 112,000 a yearRenewal, December 2021: AED 120,000 a yearRenewal, December 2022: AED 138,000 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 4, and where 1201 sits

All 54 2-beds →

1201 last sold in November 2023 at AED 1,683 per sqft, 4% below what two-beds in South Ridge Towers 4 were fetching at the time (AED 1,762). Over the last 12 months two-beds sold for AED 3,700,000 to 4,375,000, around AED 2,514 per sqft, and rent for AED 150,000 to 402,000 a year. 1201's AED 138,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Apr 20264,375,000
12 Mar 20263,700,000
3 Nov 20253,622,107
13 Oct 20253,450,000
2 2-bed sales in the last 12 months

South Ridge Towers 4

Building

131 apartments, studios to 3-bed over 28 floors in Downtown Dubai, completed in 2008 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 2,144
Typical sale
AED 2.31M
Typical rent
AED 128K /yr
Typical yield
5.2%
South Ridge Towers 4, Downtown Dubai: prices, sales and rents →

Other units on the 12th floor

All 131 units in South Ridge Towers 4
Value
12022-bedAED 954K · Sep 2009
12031-bedAED 1.95M · Mar 2025
12041-bedAED 1.38M · Jan 2023
12051-bedAED 1.4M · May 2022

1201, South Ridge Towers 4 in numbers

  • Sold twice: first on 14 June 2010 for AED 904,444, last on 14 November 2023 for AED 2,800,000 (AED 1,683 per sqft).
  • Rented since July 2012 on 11 Ejari contracts, from AED 110,000 to AED 138,000 a year.
  • At AED 138,000 a year the gross yield on the 2023 price is 4.9%, before a service charge of about AED 31,900 a year (AED 19.17 per sqft).
  • Two-beds in South Ridge Towers 4 sold for AED 3,700,000–4,375,000 in the 12 months to November 2026; the building's median across all types is AED 2,144 per sqft.

Source: Dubai Land Department. Updated 14 November 2023.

Questions about 1201, South Ridge Towers 4

What did unit 1201 last sell for?

AED 2,800,000 on 14 November 2023: AED 1,683 per sqft for 1,663 sqft. The unit has 2 registered sales; the first was AED 904,444 in June 2010.

What is the rent for unit 1201?

AED 138,000 a year on the contract renewed on 4 December 2022. The previous contract, from December 2021, was AED 120,000; the unit has been rented since July 2012.

How big is unit 1201?

1,663 sqft (154.5 sqm): a two-bedroom apartment on the 12th floor of a 28-storey tower completed in 2008.

What is unit 1201 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 4 sold for AED 3,700,000 to 4,375,000 in the last 12 months, around AED 2,514 per sqft.

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Mortgage on 1201, South Ridge Towers 4

Starts from the last sale price (AED 2.8M, 14 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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