2-bed · 1,560 sqftSouth Ridge Towers 4, Downtown Dubai · 5th floor · completed 2008

502, South Ridge Towers 4

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 15 November 2026
Last soldAED 2.45M24 November 2022
Current rentAED 175K /yr15 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, South Ridge Towers 4

What is 502 worth today?

Last sold for AED 2,450,000 in 2022

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15 Nov 2026RentedRenewal
AED 175,000/yr12 months · AED 113 per sqft
15 Nov 2025RentedRenewal
AED 175,000/yr12 months · AED 113 per sqft
16 Oct 2023RentedNew contract
AED 175,000/yr12 months · AED 112 per sqft
24 Nov 2022SoldReady
AED 2,450,000AED 1,570 per sqft
15 Dec 2021RentedRenewal
AED 120,000/yr12 months · AED 77 per sqft
15 Dec 2020RentedRenewal
AED 100,000/yr12 months · AED 64 per sqft
15 Dec 2019RentedRenewal
AED 135,000/yr12 months · AED 86 per sqft
15 Dec 2018RentedRenewal
AED 150,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 15 November 2026.

Key facts

Type
2-bed apartment
Size
1,560 sqft
Floor
5th of 28
Parking
G-P-16
Developer
Emaar
Completed
2008
Service charge
AED 29,900 /yr
Last sold
AED 2.45M · November 2022

About 502, South Ridge Towers 4

502 is a two-bedroom apartment of 1,560 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 24 November 2022 for AED 2,450,000, or AED 1,570 per sqft.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 15 November 2026, is AED 175,000 a year: a gross yield of 7.1% on the 2022 price, before the service charge of about AED 29,900 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical two-bed in South Ridge Towers 4
2M4M2009201420192024Typical sale price by year: 2009 AED 1,931,888; 2010 AED 2,000,032; 2011 AED 1,802,444; 2012 AED 2,200,000; 2013 AED 2,625,000; 2014 AED 3,425,000; 2015 AED 3,425,500; 2020 AED 1,590,000; 2021 AED 2,500,000; 2022 AED 2,500,000; 2023 AED 2,850,000; 2024 AED 2,950,000; 2025 AED 3,600,000Sold by developer, June 2009: AED 1,241,444 (AED 795 per sqft)Sold, November 2022: AED 2,450,000 (AED 1,570 per sqft)

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

Rents
Unit 502, each contractTypical two-bed in South Ridge Towers 4
100K150K200K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 150,000; 2014 AED 163,800; 2015 AED 175,000; 2016 AED 172,500; 2017 AED 160,000; 2018 AED 155,000; 2019 AED 140,000; 2020 AED 120,000; 2021 AED 117,750; 2022 AED 134,000; 2023 AED 160,000; 2024 AED 170,000; 2025 AED 185,000; 2026 AED 180,000New contract, December 2013: AED 165,000 a yearNew contract, February 2014: AED 90,164 a yearRenewal, December 2015: AED 90,164 a yearRenewal, December 2016: AED 90,164 a yearRenewal, December 2018: AED 150,000 a yearRenewal, December 2019: AED 135,000 a yearRenewal, December 2020: AED 100,000 a yearRenewal, December 2021: AED 120,000 a yearNew contract, October 2023: AED 175,000 a yearRenewal, November 2025: AED 175,000 a yearRenewal, November 2026: AED 175,000 a year

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 502 sits

All 54 2-beds →

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. 502's AED 175,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Apr 20264,375,000
12 Mar 20263,700,000
3 Nov 20253,622,107
13 Oct 20253,450,000
2 2-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 5th floor

All 131 units in South Ridge Towers 4
Value
5012-bedAED 2.9M · Feb 2023
5031-bedAED 1.9M · Sep 2025
5041-bedAED 1.85M · Apr 2025
5051-bedAED 895K · Dec 2009

502, South Ridge Towers 4 in numbers

  • Sold twice: first on 14 June 2009 for AED 1,241,444, last on 24 November 2022 for AED 2,450,000 (AED 1,570 per sqft).
  • Rented since December 2013 on 11 Ejari contracts. The rent fell from AED 165,000 to AED 90,164 in 2016 and recovered to AED 175,000 by November 2026.
  • At AED 175,000 a year the gross yield on the 2022 price is 7.1%, before a service charge of about AED 29,900 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 15 November 2026.

Questions about 502, South Ridge Towers 4

What did unit 502 last sell for?

AED 2,450,000 on 24 November 2022: AED 1,570 per sqft for 1,560 sqft. The unit has 2 registered sales; the first was AED 1,241,444 in June 2009.

What is the rent for unit 502?

AED 175,000 a year on the contract renewed on 15 November 2026. The previous contract, from November 2025, was AED 175,000; the unit has been rented since December 2013.

How big is unit 502?

1,560 sqft (144.9 sqm): a two-bedroom apartment on the 5th floor of a 28-storey tower completed in 2008.

What is unit 502 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 502, South Ridge Towers 4

Starts from the last sale price (AED 2.45M, 24 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

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