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1-bed · 1,025 sqftSouth Ridge Towers 4, Downtown Dubai · 24th floor · completed 2008

2403, South Ridge Towers 4

Sold prices and rental history: sold twice, last in November 2014, and rented once, from April 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2403 · DLD and Ejari recordsUpdated 29 April 2015
Last soldAED 2.1M3 November 2014
Current rentAED 60K /yr29 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2403, South Ridge Towers 4

What is 2403 worth today?

Last sold for AED 2,100,000 in 2014

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29 Apr 2015RentedNew contract
AED 60,000/yr12 months · AED 59 per sqft
3 Nov 2014SoldReady
AED 2,100,000AED 2,048 per sqft
17 Apr 2014Sold by developerReady
AED 2,900,000AED 2,829 per sqft

Source: Dubai Land Department. Updated 29 April 2015.

Key facts

Type
1-bed apartment
Size
1,025 sqft
Floor
24th of 28
Parking
B1-263
Developer
Emaar
Completed
2008
Service charge
AED 19,700 /yr
Last sold
AED 2.1M · November 2014
Building
South Ridge Towers 4

About 2403, South Ridge Towers 4

2403 is a one-bedroom apartment of 1,025 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 3 November 2014 for AED 2,100,000, or AED 2,048 per sqft, in line with the AED 1,991 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 29 April 2015. The current contract, signed on 29 April 2015, is AED 60,000 a year: a gross yield of 2.9% on the 2014 price, before the service charge of about AED 19,700 a year.

Sales and rents for 2403 over time

Sales
Unit 2403, each saleTypical one-bed in South Ridge Towers 4
2M2008201320182023Typical sale price by year: 2008 AED 914,888; 2009 AED 517,944; 2010 AED 876,360; 2011 AED 860,000; 2012 AED 1,100,000; 2013 AED 1,420,000; 2014 AED 1,965,000; 2015 AED 1,700,000; 2016 AED 1,640,000; 2017 AED 1,580,000; 2018 AED 1,350,000; 2019 AED 1,137,500; 2021 AED 1,200,000; 2022 AED 1,400,000; 2023 AED 1,652,500; 2025 AED 1,950,000; 2026 AED 2,150,000Sold by developer, April 2014: AED 2,900,000 (AED 2,829 per sqft)Sold, November 2014: AED 2,100,000 (AED 2,048 per sqft)

2403 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2403, each contractTypical one-bed in South Ridge Towers 4
75K100K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 90,000; 2014 AED 103,750; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 108,500; 2018 AED 92,000; 2019 AED 85,000; 2020 AED 75,000; 2021 AED 72,000; 2022 AED 82,000; 2023 AED 92,250; 2024 AED 105,315; 2025 AED 110,000; 2026 AED 110,000New contract, April 2015: AED 60,000 a year

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 2403 sits

All 74 1-beds →

2403 last sold in November 2014 at AED 2,048 per sqft, in line with what one-beds in South Ridge Towers 4 were fetching at the time (AED 1,991). 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. 2403's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jul 20262,100,000
7 May 20262,425,000
22 Jan 20262,200,000
21 Jan 20261,750,000
4 1-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 24th floor

All 131 units in South Ridge Towers 4
Value
24012-bedAED 3.7M · Mar 2026
24022-bedAED 3.15M · Feb 2025
24041-bedAED 471K · Aug 2009
24051-bedAED 1.68M · Oct 2023

2403, South Ridge Towers 4 in numbers

  • Sold twice: first on 17 April 2014 for AED 2,900,000, last on 3 November 2014 for AED 2,100,000 (AED 2,048 per sqft).
  • Rented since April 2015 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2014 price is 2.9%, 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 29 April 2015.

Questions about 2403, South Ridge Towers 4

What did unit 2403 last sell for?

AED 2,100,000 on 3 November 2014: AED 2,048 per sqft for 1,025 sqft. The unit has 2 registered sales; the first was AED 2,900,000 in April 2014.

What is the rent for unit 2403?

AED 60,000 a year on the contract signed on 29 April 2015.

How big is unit 2403?

1,025 sqft (95.2 sqm): a one-bedroom apartment on the 24th floor of a 28-storey tower completed in 2008.

What is unit 2403 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 2403, South Ridge Towers 4

Starts from the last sale price (AED 2.1M, 3 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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