501, South Ridge Towers 4
Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, South Ridge Towers 4
What is 501 worth today?
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Source: Dubai Land Department. Updated 2 February 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,663 sqft
- Floor
- 5th of 28
- Parking
- L1-075
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 31,900 /yr
- Last sold
- AED 2.9M · February 2023
- Building
- South Ridge Towers 4
About 501, South Ridge Towers 4
501 is a two-bedroom apartment of 1,663 sqft on the 5th floor of South Ridge Towers 4, a 28-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 2 February 2023 for AED 2,900,000, or AED 1,743 per sqft, 5% above the AED 1,655 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 8 September 2021, is AED 135,000 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 31,900 a year.
Sales and rents for 501 over time
501 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 501 sits
All 54 2-beds →501 last sold in February 2023 at AED 1,743 per sqft, 5% above what two-beds in South Ridge Towers 4 were fetching at the time (AED 1,655). 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. 501's AED 135,000 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 5th floor
All 131 units in South Ridge Towers 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 2-bed | 1,560 sqft | AED 2.45MAED 2,450,000 · Nov 2022November 2022 | 175,000 /yr | |
| 503 | 1-bed | 1,025 sqft | AED 1.9MAED 1,900,000 · Sep 2025September 2025 | 110,000 /yr | |
| 504 | 1-bed | 985 sqft | AED 1.85MAED 1,850,000 · Apr 2025April 2025 | 88,935 /yr | |
| 505 | 1-bed | 974 sqft | AED 895KAED 894,888 · Dec 2009December 2009 | 115,000 /yr |
501, South Ridge Towers 4 in numbers
- Sold twice: first on 17 December 2014 for AED 2,358,888, last on 2 February 2023 for AED 2,900,000 (AED 1,743 per sqft).
- Rented since December 2014 on 8 Ejari contracts, from AED 170,000 to AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2023 price is 4.7%, 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 2 February 2023.
Questions about 501, South Ridge Towers 4
What did unit 501 last sell for?
AED 2,900,000 on 2 February 2023: AED 1,743 per sqft for 1,663 sqft. The unit has 2 registered sales; the first was AED 2,358,888 in December 2014.
What is the rent for unit 501?
AED 135,000 a year on the contract signed on 8 September 2021. The previous contract, from July 2020, was AED 130,000; the unit has been rented since December 2014.
How big is unit 501?
1,663 sqft (154.5 sqm): a two-bedroom apartment on the 5th floor of a 28-storey tower completed in 2008.
What is unit 501 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 501, South Ridge Towers 4
Starts from the last sale price (AED 2.9M, 2 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,900,000
- Deposit, UAE resident (20%)
- AED 580,000
- Deposit, non-resident (40%)
- AED 1,160,000
- Monthly over 25 years at 3.7%
- AED 11,865
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →