401, South Ridge Towers 4
Sold prices and rental history: sold 4 times, last in December 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, South Ridge Towers 4
What is 401 worth today?
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Source: Dubai Land Department. Updated 28 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,663 sqft
- Floor
- 4th of 28
- Parking
- L1-076
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 31,900 /yr
- Last sold
- AED 2.85M · December 2023
- Building
- South Ridge Towers 4
About 401, South Ridge Towers 4
401 is a two-bedroom apartment of 1,663 sqft on the 4th floor of South Ridge Towers 4, a 28-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 28 December 2023 for AED 2,850,000, or AED 1,713 per sqft, in line with the AED 1,762 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 110,000 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 31,900 a year.
Sales and rents for 401 over time
401 has sold 4 times; 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 401 sits
All 54 2-beds →401 last sold in December 2023 at AED 1,713 per sqft, in line with what two-beds in South Ridge Towers 4 were fetching at the time (AED 1,762). 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. 401's AED 110,000 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 4th floor
All 131 units in South Ridge Towers 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 2-bed | 1,560 sqft | AED 2.45MAED 2,450,000 · Feb 2013February 2013 | 150,000 /yr | |
| 403 | 1-bed | 1,025 sqft | AED 1.85MAED 1,850,000 · Mar 2014March 2014 | 185,000 /yr | |
| 404 | 1-bed | 985 sqft | AED 417KAED 417,444 · Dec 2009December 2009 | 95,000 /yr | |
| 405 | 1-bed | 974 sqft | AED 1.7MAED 1,700,000 · Jun 2015June 2015 | 104,000 /yr |
401, South Ridge Towers 4 in numbers
- Sold 4 times: first on 22 February 2009 for AED 2,344,888, last on 28 December 2023 for AED 2,850,000 (AED 1,713 per sqft).
- Rented since August 2015 on 7 Ejari contracts, from AED 175,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2023 price is 3.9%, before a service charge of about AED 31,900 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 28 December 2023.
Questions about 401, South Ridge Towers 4
What did unit 401 last sell for?
AED 2,850,000 on 28 December 2023: AED 1,713 per sqft for 1,663 sqft. The unit has 4 registered sales; the first was AED 2,344,888 in February 2009.
What is the rent for unit 401?
AED 110,000 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 134,000; the unit has been rented since August 2015.
How big is unit 401?
1,663 sqft (154.5 sqm): a two-bedroom apartment on the 4th floor of a 28-storey tower completed in 2008.
What is unit 401 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 401, South Ridge Towers 4
Starts from the last sale price (AED 2.85M, 28 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,850,000
- Deposit, UAE resident (20%)
- AED 570,000
- Deposit, non-resident (40%)
- AED 1,140,000
- Monthly over 25 years at 3.7%
- AED 11,660
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →