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2-bed · 1,560 sqftSouth Ridge Towers 4, Downtown Dubai · 8th floor · completed 2008

802, South Ridge Towers 4

Sold prices and rental history: sold 3 times, last in April 2023, and rented once, from October 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 6 April 2023
Last soldAED 2.75M6 April 2023
Current rentAED 125K /yr1 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 802, South Ridge Towers 4

What is 802 worth today?

Last sold for AED 2,750,000 in 2023

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6 Apr 2023SoldReady
AED 2,750,000AED 1,762 per sqft
1 Oct 2019RentedNew contract
AED 125,000/yr12 months · AED 80 per sqft
25 Feb 2013SoldReady
AED 2,800,000AED 1,794 per sqft
9 Aug 2010Sold by developerReady
AED 2,300,888AED 1,474 per sqft

Source: Dubai Land Department. Updated 6 April 2023.

Key facts

Type
2-bed apartment
Size
1,560 sqft
Floor
8th of 28
Parking
L1-079
Developer
Emaar
Completed
2008
Service charge
AED 29,900 /yr
Last sold
AED 2.75M · April 2023
Building
South Ridge Towers 4

About 802, South Ridge Towers 4

802 is a two-bedroom apartment of 1,560 sqft on the 8th floor of South Ridge Towers 4, a 28-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 6 April 2023 for AED 2,750,000, or AED 1,762 per sqft, in line with the AED 1,726 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2019. The current contract, signed on 1 October 2019, is AED 125,000 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 29,900 a year.

Sales and rents for 802 over time

Sales
Unit 802, each saleTypical two-bed in South Ridge Towers 4
2M3M2009201420192024Typical 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, August 2010: AED 2,300,888 (AED 1,474 per sqft)Sold, February 2013: AED 2,800,000 (AED 1,794 per sqft)Sold, April 2023: AED 2,750,000 (AED 1,762 per sqft)

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

Rents
Unit 802, 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, October 2019: AED 125,000 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 802 sits

All 54 2-beds →

802 last sold in April 2023 at AED 1,762 per sqft, in line with what two-beds in South Ridge Towers 4 were fetching at the time (AED 1,726). 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. 802's AED 125,000 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 8th floor

All 131 units in South Ridge Towers 4
Value
8012-bedAED 3.7M · Jan 2015
8031-bedAED 475K · Oct 2009
8041-bedAED 1M · Oct 2019
8051-bedAED 914K · Jul 2010

802, South Ridge Towers 4 in numbers

  • Sold 3 times: first on 9 August 2010 for AED 2,300,888, last on 6 April 2023 for AED 2,750,000 (AED 1,762 per sqft).
  • Rented since October 2019 on one Ejari contract, at AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2023 price is 4.5%, 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 6 April 2023.

Questions about 802, South Ridge Towers 4

What did unit 802 last sell for?

AED 2,750,000 on 6 April 2023: AED 1,762 per sqft for 1,560 sqft. The unit has 3 registered sales; the first was AED 2,300,888 in August 2010.

What is the rent for unit 802?

AED 125,000 a year on the contract signed on 1 October 2019.

How big is unit 802?

1,560 sqft (144.9 sqm): a two-bedroom apartment on the 8th floor of a 28-storey tower completed in 2008.

What is unit 802 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 802, South Ridge Towers 4

Starts from the last sale price (AED 2.75M, 6 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

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