1502, South Ridge Towers 4
Sold prices and rental history: sold 3 times, last in September 2015, 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 1502, South Ridge Towers 4
What is 1502 worth today?
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Source: Dubai Land Department. Updated 28 August 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,560 sqft
- Floor
- 15th of 28
- Parking
- G-P-20
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 29,900 /yr
- Last sold
- AED 3.7M · September 2015
- Building
- South Ridge Towers 4
About 1502, South Ridge Towers 4
1502 is a two-bedroom apartment of 1,560 sqft on the 15th floor of South Ridge Towers 4, a 28-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 8 September 2015 for AED 3,700,000, or AED 2,371 per sqft, 13% above the AED 2,104 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 28 August 2021, is AED 122,000 a year: a gross yield of 3.3% on the 2015 price, before the service charge of about AED 29,900 a year.
Sales and rents for 1502 over time
1502 has sold 3 times; 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 4, and where 1502 sits
All 54 2-beds →1502 last sold in September 2015 at AED 2,371 per sqft, 13% above what two-beds in South Ridge Towers 4 were fetching at the time (AED 2,104). 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. 1502's AED 122,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Apr 202610 April 2026 | 1,560 sqft | 4,375,000 | 2,804 | ||
| 12 Mar 202612 March 2026 | 1,663 sqft | 3,700,000 | 2,224 | ||
| 3 Nov 20253 November 2025 | 1,742 sqft | 3,622,107 | 2,079 | ||
| 13 Oct 202513 October 2025 | 1,560 sqft | 3,450,000 | 2,211 |
South Ridge Towers 4
Building131 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%
Other units on the 15th floor
All 131 units in South Ridge Towers 41502, South Ridge Towers 4 in numbers
- Sold 3 times: first on 30 June 2010 for AED 1,942,888, last on 8 September 2015 for AED 3,700,000 (AED 2,371 per sqft).
- Rented since August 2013 on 8 Ejari contracts, from AED 170,182 to AED 122,000 a year.
- At AED 122,000 a year the gross yield on the 2015 price is 3.3%, before a service charge of about AED 29,900 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 28 August 2021.
Questions about 1502, South Ridge Towers 4
What did unit 1502 last sell for?
AED 3,700,000 on 8 September 2015: AED 2,371 per sqft for 1,560 sqft. The unit has 3 registered sales; the first was AED 1,942,888 in June 2010.
What is the rent for unit 1502?
AED 122,000 a year on the contract renewed on 28 August 2021. The previous contract, from August 2020, was AED 122,000; the unit has been rented since August 2013.
How big is unit 1502?
1,560 sqft (144.9 sqm): a two-bedroom apartment on the 15th floor of a 28-storey tower completed in 2008.
What is unit 1502 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 1502, South Ridge Towers 4
Starts from the last sale price (AED 3.7M, 8 September 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 3,700,000
- Deposit, UAE resident (20%)
- AED 740,000
- Deposit, non-resident (40%)
- AED 1,480,000
- Monthly over 25 years at 3.7%
- AED 15,138
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →