2-bed · 1,663 sqftSouth Ridge Towers 4, Downtown Dubai · 22nd floor · completed 2008

2201, South Ridge Towers 4

Sold prices and rental history: sold once, by the developer in March 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2201 · DLD and Ejari recordsUpdated 27 November 2024
Last soldAED 1.86M13 March 2013
Current rentAED 165K /yr27 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2201, South Ridge Towers 4

What is 2201 worth today?

Last sold for AED 1,860,351 in 2013

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27 Nov 2024RentedRenewal
AED 165,000/yr12 months · AED 99 per sqft
27 Nov 2023RentedNew contract
AED 165,000/yr12 months · AED 99 per sqft
24 Jun 2023RentedRenewal
AED 120,750/yr12 months · AED 73 per sqft
24 Jun 2022RentedRenewal
AED 120,750/yr12 months · AED 73 per sqft
24 Jun 2021RentedNew contract
AED 115,000/yr12 months · AED 69 per sqft
20 May 2019RentedNew contract
AED 125,000/yr24 months · AED 75 per sqft
20 Jul 2017RentedRenewal
AED 76,170/yr12 months · AED 46 per sqft
20 Jan 2017RentedRenewal
AED 152,340/yr6 months · AED 91 per sqft

Source: Dubai Land Department. Updated 27 November 2024.

Key facts

Type
2-bed apartment
Size
1,663 sqft
Floor
22nd of 28
Parking
B1-316
Developer
Emaar
Completed
2008
Service charge
AED 31,900 /yr
Last sold
AED 1.86M · March 2013

About 2201, South Ridge Towers 4

2201 is a two-bedroom apartment of 1,663 sqft on the 22nd floor of South Ridge Towers 4, a 28-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 13 March 2013 for AED 1,860,351, or AED 1,118 per sqft, 29% below the AED 1,570 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 27 November 2024, is AED 165,000 a year: a gross yield of 8.9% on the 2013 price, before the service charge of about AED 31,900 a year.

Sales and rents for 2201 over time

Sales
Unit 2201, each saleTypical two-bed in South Ridge Towers 4
2M3M2009201420192024Typical 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, March 2013: AED 1,860,351 (AED 1,118 per sqft)

2201 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2201, each contractTypical two-bed in South Ridge Towers 4
100K150K200K2012201620202024Typical 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 125,000 a yearNew contract, July 2014: AED 145,000 a yearRenewal, July 2015: AED 152,341 a yearRenewal, July 2016: AED 152,340 a yearRenewal, January 2017: AED 152,340 a yearRenewal, July 2017: AED 76,170 a yearNew contract, May 2019: AED 125,000 a yearNew contract, June 2021: AED 115,000 a yearRenewal, June 2022: AED 120,750 a yearRenewal, June 2023: AED 120,750 a yearNew contract, November 2023: AED 165,000 a yearRenewal, November 2024: AED 165,000 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 2201 sits

All 54 2-beds →

2201 last sold in March 2013 at AED 1,118 per sqft, 29% below what two-beds in South Ridge Towers 4 were fetching at the time (AED 1,570). 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. 2201's AED 165,000 is in the lower half 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 22nd floor

All 131 units in South Ridge Towers 4
Value
22022-bedAED 1.97M · Jul 2010
22031-bedAED 1.01M · Mar 2013
22041-bedAED 905K · Jul 2010
22051-bedAED 976K · Jul 2010

2201, South Ridge Towers 4 in numbers

  • Sold once: by Emaar on 13 March 2013 for AED 1,860,351, or AED 1,118 per sqft.
  • Rented since July 2012 on 12 Ejari contracts. The rent fell from AED 125,000 to AED 76,170 in 2017 and recovered to AED 165,000 by November 2024.
  • At AED 165,000 a year the gross yield on the 2013 price is 8.9%, 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 27 November 2024.

Questions about 2201, South Ridge Towers 4

What did unit 2201 last sell for?

AED 1,860,351 on 13 March 2013, sold by the developer: AED 1,118 per sqft for 1,663 sqft. It is the only registered sale of the unit.

What is the rent for unit 2201?

AED 165,000 a year on the contract renewed on 27 November 2024. The previous contract, from November 2023, was AED 165,000; the unit has been rented since July 2012.

How big is unit 2201?

1,663 sqft (154.5 sqm): a two-bedroom apartment on the 22nd floor of a 28-storey tower completed in 2008.

What is unit 2201 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 2201, South Ridge Towers 4

Starts from the last sale price (AED 1.86M, 13 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,860,351
Deposit, UAE resident (20%)
AED 372,070
Deposit, non-resident (40%)
AED 744,140
Monthly over 25 years at 3.7%
AED 7,611

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