2801, South Ridge Towers 4
Sold prices and rental history: sold twice, last in October 2012, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2801, South Ridge Towers 4
What is 2801 worth today?
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Source: Dubai Land Department. Updated 25 December 2018.
Key facts
- Type
- 3-bed apartment
- Size
- 3,322 sqft
- Floor
- 28th of 28
- Parking
- G-076 , G-077
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 63,700 /yr
- Last sold
- AED 5.9M · October 2012
- Building
- South Ridge Towers 4
About 2801, South Ridge Towers 4
2801 is a three-bedroom apartment of 3,322 sqft on the 28th floor of South Ridge Towers 4, a 28-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 29 October 2012 for AED 5,900,000, or AED 1,776 per sqft.
It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 25 December 2018, is AED 274,263 a year: a gross yield of 4.7% on the 2012 price, before the service charge of about AED 63,700 a year.
3-beds in South Ridge Towers 4, and where 2801 sits
All 1 3-beds →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 28th floor
All 131 units in South Ridge Towers 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2802 | 2-bed | 2,434 sqft | AED 3.62MAED 3,616,888 · Aug 2012August 2012 | 300,000 /yr |
2801, South Ridge Towers 4 in numbers
- Sold twice: first on 29 August 2012 for AED 4,142,888, last on 29 October 2012 for AED 5,900,000 (AED 1,776 per sqft).
- Rented since December 2012 on 3 Ejari contracts, from AED 320,000 to AED 274,263 a year.
- At AED 274,263 a year the gross yield on the 2012 price is 4.7%, before a service charge of about AED 63,700 a year (AED 19.17 per sqft).
Source: Dubai Land Department. Updated 25 December 2018.
Questions about 2801, South Ridge Towers 4
What did unit 2801 last sell for?
AED 5,900,000 on 29 October 2012: AED 1,776 per sqft for 3,322 sqft. The unit has 2 registered sales; the first was AED 4,142,888 in August 2012.
What is the rent for unit 2801?
AED 274,263 a year on the contract signed on 25 December 2018. The previous contract, from December 2013, was AED 320,000; the unit has been rented since December 2012.
How big is unit 2801?
3,322 sqft (308.6 sqm): a three-bedroom apartment on the 28th floor of a 28-storey tower completed in 2008.
What is unit 2801 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 2801, South Ridge Towers 4
Starts from the last sale price (AED 5.9M, 29 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 5,900,000
- Deposit, UAE resident (20%)
- AED 1,180,000
- Deposit, non-resident (40%)
- AED 2,360,000
- Monthly over 25 years at 3.7%
- AED 24,139
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →