2-bed · 2,481 sqftSouth Ridge Towers 5, Downtown Dubai · 2nd floor · completed 2008

201, South Ridge Towers 5

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 20 May 2024
Last soldAED 1.73M15 March 2010
Current rentAED 210K /yr20 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, South Ridge Towers 5

What is 201 worth today?

Last sold for AED 1,729,888 in 2010

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20 May 2024RentedNew contract
AED 210,000/yr12 months · AED 85 per sqft
19 May 2023RentedNew contract
AED 195,000/yr12 months · AED 79 per sqft
1 Dec 2021RentedNew contract
AED 170,000/yr12 months · AED 69 per sqft
1 Feb 2017RentedNew contract
AED 217,500/yr12 months · AED 88 per sqft
17 Nov 2013RentedNew contract
AED 190,000/yr12 months · AED 77 per sqft
17 Nov 2012RentedNew contract
AED 190,000/yr12 months · AED 77 per sqft
15 Mar 2010Sold by developerReady
AED 1,729,888AED 697 per sqft

Source: Dubai Land Department. Updated 20 May 2024.

Key facts

Type
2-bed apartment
Size
2,481 sqft
Floor
2nd of 33
Parking
B2-252 , B2-253
Developer
Emaar
Completed
2008
Service charge
AED 47,600 /yr
Last sold
AED 1.73M · March 2010

About 201, South Ridge Towers 5

201 is a two-bedroom apartment of 2,481 sqft on the 2nd floor of South Ridge Towers 5, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 15 March 2010 for AED 1,729,888, or AED 697 per sqft, 26% below the AED 938 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 20 May 2024, is AED 210,000 a year: a gross yield of 12.1% on the 2010 price, before the service charge of about AED 47,600 a year.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical two-bed in South Ridge Towers 5
1M2M3M2009201420192024Typical sale price by year: 2009 AED 1,355,888; 2010 AED 1,376,042; 2011 AED 1,473,693; 2012 AED 1,625,000; 2013 AED 2,275,000; 2014 AED 2,800,000; 2016 AED 2,400,000; 2017 AED 2,715,000; 2018 AED 2,065,000; 2021 AED 1,720,000; 2022 AED 2,110,000; 2023 AED 2,300,000; 2025 AED 2,912,500; 2026 AED 3,375,000Sold by developer, March 2010: AED 1,729,888 (AED 697 per sqft)

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

Rents
Unit 201, each contractTypical two-bed in South Ridge Towers 5
100K200K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 130,000; 2014 AED 150,000; 2015 AED 159,300; 2016 AED 155,000; 2017 AED 150,000; 2018 AED 134,250; 2019 AED 121,000; 2020 AED 110,000; 2021 AED 105,000; 2022 AED 117,875; 2023 AED 145,000; 2024 AED 160,000; 2025 AED 157,500; 2026 AED 155,000New contract, November 2012: AED 190,000 a yearNew contract, November 2013: AED 190,000 a yearNew contract, February 2017: AED 217,500 a yearNew contract, December 2021: AED 170,000 a yearNew contract, May 2023: AED 195,000 a yearNew contract, May 2024: AED 210,000 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 5, and where 201 sits

All 63 2-beds →

201 last sold in March 2010 at AED 697 per sqft, 26% below what two-beds in South Ridge Towers 5 were fetching at the time (AED 938). Over the last 12 months two-beds sold for AED 3,250,000 to 3,630,000, around AED 2,327 per sqft, and rent for AED 80,000 to 220,000 a year. 201's AED 210,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Sep 20263,375,000
30 Jul 20263,250,000
19 Feb 20263,630,000
24 Oct 20252,800,000
3 2-bed sales in the last 12 months

South Ridge Towers 5

Building

158 apartments, studios to 3-bed over 33 floors in Downtown Dubai, completed in 2008 by Emaar. 9 sold in the last 12 months.

Typical price per sqft
AED 2,057
Typical sale
AED 2M
Typical rent
AED 140K /yr
Typical yield
5.3%
South Ridge Towers 5, Downtown Dubai: prices, sales and rents →

Other units on the 2nd floor

All 158 units in South Ridge Towers 5
Value
2022-bedAED 2.7M · May 2023
2031-bedAED 1.13M · Sep 2018
2041-bedAED 920K · Jun 2021
2052-bedAED 2.3M · Sep 2013

201, South Ridge Towers 5 in numbers

  • Sold once: by Emaar on 15 March 2010 for AED 1,729,888, or AED 697 per sqft.
  • Rented since November 2012 on 6 Ejari contracts. The rent fell from AED 190,000 to AED 170,000 in 2021 and recovered to AED 210,000 by May 2024.
  • At AED 210,000 a year the gross yield on the 2010 price is 12.1%, before a service charge of about AED 47,600 a year (AED 19.17 per sqft).
  • Two-beds in South Ridge Towers 5 sold for AED 3,250,000–3,630,000 in the 12 months to November 2026; the building's median across all types is AED 2,057 per sqft.

Source: Dubai Land Department. Updated 20 May 2024.

Questions about 201, South Ridge Towers 5

What did unit 201 last sell for?

AED 1,729,888 on 15 March 2010, sold by the developer: AED 697 per sqft for 2,481 sqft. It is the only registered sale of the unit.

What is the rent for unit 201?

AED 210,000 a year on the contract signed on 20 May 2024. The previous contract, from May 2023, was AED 195,000; the unit has been rented since November 2012.

How big is unit 201?

2,481 sqft (230.5 sqm): a two-bedroom apartment on the 2nd floor of a 33-storey tower completed in 2008.

What is unit 201 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 5 sold for AED 3,250,000 to 3,630,000 in the last 12 months, around AED 2,327 per sqft.

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Mortgage on 201, South Ridge Towers 5

Starts from the last sale price (AED 1.73M, 15 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,729,888
Deposit, UAE resident (20%)
AED 345,978
Deposit, non-resident (40%)
AED 691,955
Monthly over 25 years at 3.7%
AED 7,078

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