2303, South Ridge Towers 4
Sold prices and rental history: sold once, by the developer in November 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2303, South Ridge Towers 4
What is 2303 worth today?
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Source: Dubai Land Department. Updated 10 November 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 1,025 sqft
- Floor
- 23rd of 28
- Parking
- B1-264
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 19,700 /yr
- Last sold
- AED 700K · November 2021
- Building
- South Ridge Towers 4
About 2303, South Ridge Towers 4
2303 is a one-bedroom apartment of 1,025 sqft on the 23rd floor of South Ridge Towers 4, a 28-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 10 November 2021 for AED 700,000, or AED 682 per sqft, 45% below the AED 1,231 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 20 December 2020, is AED 60,000 a year: a gross yield of 8.6% on the 2021 price, before the service charge of about AED 19,700 a year.
Sales and rents for 2303 over time
2303 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in South Ridge Towers 4, and where 2303 sits
All 74 1-beds →2303 last sold in November 2021 at AED 682 per sqft, 45% below what one-beds in South Ridge Towers 4 were fetching at the time (AED 1,231). Over the last 12 months one-beds sold for AED 1,750,000 to 2,425,000, around AED 2,095 per sqft, and rent for AED 48,000 to 135,625 a year. 2303's AED 60,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jul 20269 July 2026 | 1,025 sqft | 2,100,000 | 2,048 | ||
| 7 May 20267 May 2026 | 1,132 sqft | 2,425,000 | 2,142 | ||
| 22 Jan 202622 January 2026 | 1,025 sqft | 2,200,000 | 2,146 | ||
| 21 Jan 202621 January 2026 | 962 sqft | 1,750,000 | 1,819 |
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 23rd floor
All 131 units in South Ridge Towers 42303, South Ridge Towers 4 in numbers
- Sold once: by Emaar on 10 November 2021 for AED 700,000, or AED 682 per sqft.
- Rented since April 2016 on 6 Ejari contracts, from AED 100,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2021 price is 8.6%, before a service charge of about AED 19,700 a year (AED 19.17 per sqft).
- One-beds in South Ridge Towers 4 sold for AED 1,750,000–2,425,000 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 10 November 2021.
Questions about 2303, South Ridge Towers 4
What did unit 2303 last sell for?
AED 700,000 on 10 November 2021, sold by the developer: AED 682 per sqft for 1,025 sqft. It is the only registered sale of the unit.
What is the rent for unit 2303?
AED 60,000 a year on the contract renewed on 20 December 2020. The previous contract, from December 2019, was AED 75,000; the unit has been rented since April 2016.
How big is unit 2303?
1,025 sqft (95.2 sqm): a one-bedroom apartment on the 23rd floor of a 28-storey tower completed in 2008.
What is unit 2303 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in South Ridge Towers 4 sold for AED 1,750,000 to 2,425,000 in the last 12 months, around AED 2,095 per sqft.
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Mortgage on 2303, South Ridge Towers 4
Starts from the last sale price (AED 700K, 10 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →