701, South Ridge Towers 4
Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, South Ridge Towers 4
What is 701 worth today?
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Source: Dubai Land Department. Updated 12 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,663 sqft
- Floor
- 7th of 28
- Parking
- L1-073
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 31,900 /yr
- Last sold
- AED 3M · May 2024
- Building
- South Ridge Towers 4
About 701, South Ridge Towers 4
701 is a two-bedroom apartment of 1,663 sqft on the 7th floor of South Ridge Towers 4, a 28-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 6 May 2024 for AED 3,000,000, or AED 1,803 per sqft, in line with the AED 1,842 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 12 July 2026, is AED 200,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 31,900 a year.
Sales and rents for 701 over time
701 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 701 sits
All 54 2-beds →701 last sold in May 2024 at AED 1,803 per sqft, in line with what two-beds in South Ridge Towers 4 were fetching at the time (AED 1,842). 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. 701's AED 200,000 is in the lower half 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 7th floor
All 131 units in South Ridge Towers 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 2-bed | 1,560 sqft | AED 2.5MAED 2,500,000 · Aug 2022August 2022 | 105,000 /yr | |
| 703 | 1-bed | 1,025 sqft | AED 1.05MAED 1,050,000 · Dec 2020December 2020 | 66,000 /yr | |
| 704 | 1-bed | 985 sqft | AED 1.15MAED 1,150,000 · Jun 2019June 2019 | 126,000 /yr | |
| 705 | 1-bed | 974 sqft | AED 1.95MAED 1,950,000 · Sep 2025September 2025 | 104,500 /yr |
701, South Ridge Towers 4 in numbers
- Sold twice: first on 29 December 2009 for AED 2,386,888, last on 6 May 2024 for AED 3,000,000 (AED 1,803 per sqft).
- Rented since October 2012 on 9 Ejari contracts. The rent fell from AED 118,000 to AED 105,000 in 2020 and recovered to AED 200,000 by July 2026.
- At AED 200,000 a year the gross yield on the 2024 price is 6.7%, 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 12 July 2026.
Questions about 701, South Ridge Towers 4
What did unit 701 last sell for?
AED 3,000,000 on 6 May 2024: AED 1,803 per sqft for 1,663 sqft. The unit has 2 registered sales; the first was AED 2,386,888 in December 2009.
What is the rent for unit 701?
AED 200,000 a year on the contract signed on 12 July 2026. The previous contract, from December 2023, was AED 140,000; the unit has been rented since October 2012.
How big is unit 701?
1,663 sqft (154.5 sqm): a two-bedroom apartment on the 7th floor of a 28-storey tower completed in 2008.
What is unit 701 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 701, South Ridge Towers 4
Starts from the last sale price (AED 3M, 6 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →