2402, South Ridge Towers 4
Sold prices and rental history: sold twice, last in February 2025, 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 2402, South Ridge Towers 4
What is 2402 worth today?
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Source: Dubai Land Department. Updated 18 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,560 sqft
- Floor
- 24th of 28
- Parking
- L1-082
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 29,900 /yr
- Last sold
- AED 3.15M · February 2025
- Building
- South Ridge Towers 4
About 2402, South Ridge Towers 4
2402 is a two-bedroom apartment of 1,560 sqft on the 24th floor of South Ridge Towers 4, a 28-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 18 February 2025 for AED 3,150,000, or AED 2,019 per sqft, 9% above the AED 1,858 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 20 November 2023, is AED 130,000 a year: a gross yield of 4.1% on the 2025 price, before the service charge of about AED 29,900 a year.
Sales and rents for 2402 over time
2402 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 4, and where 2402 sits
All 54 2-beds →2402 last sold in February 2025 at AED 2,019 per sqft, 9% above what two-beds in South Ridge Towers 4 were fetching at the time (AED 1,858). 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. 2402's AED 130,000 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 24th floor
All 131 units in South Ridge Towers 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 1,247 sqft | AED 3.7MAED 3,700,000 · Mar 2026March 2026 | 170,000 /yr | |
| 2403 | 1-bed | 1,025 sqft | AED 2.1MAED 2,100,000 · Nov 2014November 2014 | 60,000 /yr | |
| 2404 | 1-bed | 985 sqft | AED 471KAED 471,444 · Aug 2009August 2009 | 95,000 /yr | |
| 2405 | 1-bed | 974 sqft | AED 1.68MAED 1,675,000 · Oct 2023October 2023 | 130,000 /yr |
2402, South Ridge Towers 4 in numbers
- Sold twice: first on 17 August 2010 for AED 2,049,888, last on 18 February 2025 for AED 3,150,000 (AED 2,019 per sqft).
- Rented since December 2013 on 10 Ejari contracts. The rent fell from AED 141,750 to AED 105,000 in 2021 and recovered to AED 130,000 by November 2023.
- At AED 130,000 a year the gross yield on the 2025 price is 4.1%, 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 18 February 2025.
Questions about 2402, South Ridge Towers 4
What did unit 2402 last sell for?
AED 3,150,000 on 18 February 2025: AED 2,019 per sqft for 1,560 sqft. The unit has 2 registered sales; the first was AED 2,049,888 in August 2010.
What is the rent for unit 2402?
AED 130,000 a year on the contract renewed on 20 November 2023. The previous contract, from November 2022, was AED 115,500; the unit has been rented since December 2013.
How big is unit 2402?
1,560 sqft (144.9 sqm): a two-bedroom apartment on the 24th floor of a 28-storey tower completed in 2008.
What is unit 2402 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 2402, South Ridge Towers 4
Starts from the last sale price (AED 3.15M, 18 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 3,150,000
- Deposit, UAE resident (20%)
- AED 630,000
- Deposit, non-resident (40%)
- AED 1,260,000
- Monthly over 25 years at 3.7%
- AED 12,888
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →