2-bed · 1,663 sqftSouth Ridge Towers 4, Downtown Dubai · 6th floor · completed 2008

601, South Ridge Towers 4

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 9 May 2023
Last soldAED 3.1M9 May 2023
Current rentAED 150K /yr1 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, South Ridge Towers 4

What is 601 worth today?

Last sold for AED 3,100,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 May 2023SoldReady
AED 3,100,000AED 1,864 per sqft
1 Sep 2019RentedNew contract
AED 150,000/yr12 months · AED 90 per sqft
19 Dec 2018RentedNew contract
AED 175,000/yr12 months · AED 105 per sqft
9 Apr 2017RentedRenewal
AED 185,000/yr12 months · AED 111 per sqft
9 Apr 2016RentedNew contract
AED 185,000/yr12 months · AED 111 per sqft
17 Sep 2014SoldReady
AED 3,650,000AED 2,194 per sqft
27 Jan 2014RentedNew contract
AED 168,000/yr12 months · AED 101 per sqft
11 May 2010Sold by developerReady
AED 1,692,541AED 1,017 per sqft

Source: Dubai Land Department. Updated 9 May 2023.

Key facts

Type
2-bed apartment
Size
1,663 sqft
Floor
6th of 28
Parking
B1-257
Developer
Emaar
Completed
2008
Service charge
AED 31,900 /yr
Last sold
AED 3.1M · May 2023

About 601, South Ridge Towers 4

601 is a two-bedroom apartment of 1,663 sqft on the 6th floor of South Ridge Towers 4, a 28-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 9 May 2023 for AED 3,100,000, or AED 1,864 per sqft, 7% above the AED 1,743 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 1 September 2019, is AED 150,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 31,900 a year.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical two-bed in South Ridge Towers 4
2M3M4M2009201420192024Typical 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, May 2010: AED 1,692,541 (AED 1,017 per sqft)Sold, September 2014: AED 3,650,000 (AED 2,194 per sqft)Sold, May 2023: AED 3,100,000 (AED 1,864 per sqft)

601 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 601, each contractTypical two-bed in South Ridge Towers 4
150K2012201620202024Typical 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, January 2014: AED 168,000 a yearNew contract, April 2016: AED 185,000 a yearRenewal, April 2017: AED 185,000 a yearNew contract, December 2018: AED 175,000 a yearNew contract, September 2019: AED 150,000 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 601 sits

All 54 2-beds →

601 last sold in May 2023 at AED 1,864 per sqft, 7% above what two-beds in South Ridge Towers 4 were fetching at the time (AED 1,743). 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. 601's AED 150,000 is at the bottom 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 6th floor

All 131 units in South Ridge Towers 4
Value
6022-bedAED 3.18M · Apr 2025
6031-bedAED 1.21M · Oct 2019
6041-bedAED 1.49M · Apr 2016
6051-bedAED 1.2M · Jun 2021

601, South Ridge Towers 4 in numbers

  • Sold 3 times: first on 11 May 2010 for AED 1,692,541, last on 9 May 2023 for AED 3,100,000 (AED 1,864 per sqft).
  • Rented since January 2014 on 5 Ejari contracts, from AED 168,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2023 price is 4.8%, 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 9 May 2023.

Questions about 601, South Ridge Towers 4

What did unit 601 last sell for?

AED 3,100,000 on 9 May 2023: AED 1,864 per sqft for 1,663 sqft. The unit has 3 registered sales; the first was AED 1,692,541 in May 2010.

What is the rent for unit 601?

AED 150,000 a year on the contract signed on 1 September 2019. The previous contract, from December 2018, was AED 175,000; the unit has been rented since January 2014.

How big is unit 601?

1,663 sqft (154.5 sqm): a two-bedroom apartment on the 6th floor of a 28-storey tower completed in 2008.

What is unit 601 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.

Selling 601? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 601, South Ridge Towers 4

Starts from the last sale price (AED 3.1M, 9 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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