2603, South Ridge Towers 4
Sold prices and rental history: sold 3 times, last in March 2022, 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 2603, South Ridge Towers 4
What is 2603 worth today?
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Source: Dubai Land Department. Updated 24 March 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,025 sqft
- Floor
- 26th of 28
- Parking
- B1-261
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 19,700 /yr
- Last sold
- AED 1.25M · March 2022
- Building
- South Ridge Towers 4
About 2603, South Ridge Towers 4
2603 is a one-bedroom apartment of 1,025 sqft on the 26th floor of South Ridge Towers 4, a 28-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 24 March 2022 for AED 1,250,000, or AED 1,219 per sqft, in line with the AED 1,225 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 11 October 2018, is AED 100,000 a year: a gross yield of 8.0% on the 2022 price, before the service charge of about AED 19,700 a year.
Sales and rents for 2603 over time
2603 has sold 3 times; 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 2603 sits
All 74 1-beds →2603 last sold in March 2022 at AED 1,219 per sqft, in line with what one-beds in South Ridge Towers 4 were fetching at the time (AED 1,225). 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. 2603's AED 100,000 is in the upper 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 26th floor
All 131 units in South Ridge Towers 42603, South Ridge Towers 4 in numbers
- Sold 3 times: first on 16 July 2013 for AED 1,067,888, last on 24 March 2022 for AED 1,250,000 (AED 1,219 per sqft).
- Rented since October 2013 on 6 Ejari contracts, from AED 95,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2022 price is 8.0%, 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 24 March 2022.
Questions about 2603, South Ridge Towers 4
What did unit 2603 last sell for?
AED 1,250,000 on 24 March 2022: AED 1,219 per sqft for 1,025 sqft. The unit has 3 registered sales; the first was AED 1,067,888 in July 2013.
What is the rent for unit 2603?
AED 100,000 a year on the contract renewed on 11 October 2018. The previous contract, from October 2017, was AED 99,732; the unit has been rented since October 2013.
How big is unit 2603?
1,025 sqft (95.2 sqm): a one-bedroom apartment on the 26th floor of a 28-storey tower completed in 2008.
What is unit 2603 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 2603, South Ridge Towers 4
Starts from the last sale price (AED 1.25M, 24 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →