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3-bed · 2,102 sqftSouth Ridge Towers 6, Downtown Dubai · 10th floor · completed 2008

1002, South Ridge Towers 6

Sold prices and rental history: sold 4 times, last in June 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 16 June 2013
Last soldAED 4.34M16 June 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1002, South Ridge Towers 6

What is 1002 worth today?

Last sold for AED 4,340,000 in 2013

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16 Jun 2013SoldReady
AED 4,340,000AED 2,064 per sqft
21 May 2012SoldReady
AED 3,100,000AED 1,474 per sqft
26 Oct 2011SoldReady
AED 2,450,000AED 1,165 per sqft
20 Oct 2011Sold by developerReady
AED 2,328,888AED 1,107 per sqft

Source: Dubai Land Department. Updated 16 June 2013.

Key facts

Type
3-bed apartment
Size
2,102 sqft
Floor
10th of 39
Parking
B1-422 , B1-423
Developer
Emaar
Completed
2008
Service charge
AED 40,300 /yr
Last sold
AED 4.34M · June 2013
Building
South Ridge Towers 6

About 1002, South Ridge Towers 6

1002 is a three-bedroom apartment of 2,102 sqft on the 10th floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 16 June 2013 for AED 4,340,000, or AED 2,064 per sqft, 14% above the AED 1,814 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical three-bed in South Ridge Towers 6
2M4M20092013201720212025Typical sale price by year: 2009 AED 3,062,888; 2010 AED 2,511,350; 2011 AED 2,774,444; 2012 AED 2,600,000; 2013 AED 4,170,000; 2015 AED 4,100,000; 2016 AED 4,203,948; 2021 AED 2,800,000; 2022 AED 3,275,000; 2024 AED 4,600,000Sold, October 2011: AED 2,450,000 (AED 1,165 per sqft)Sold by developer, October 2011: AED 2,328,888 (AED 1,107 per sqft)Sold, May 2012: AED 3,100,000 (AED 1,474 per sqft)Sold, June 2013: AED 4,340,000 (AED 2,064 per sqft)

1002 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1002, each contractTypical three-bed in South Ridge Towers 6
150K200K250K2012201620202024Typical rent by year: 2012 AED 180,000; 2013 AED 190,000; 2014 AED 220,000; 2015 AED 235,500; 2016 AED 240,000; 2017 AED 215,000; 2018 AED 200,000; 2019 AED 185,000; 2020 AED 165,000; 2021 AED 162,750; 2022 AED 175,000; 2023 AED 225,500; 2024 AED 240,000; 2025 AED 252,000; 2026 AED 251,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in South Ridge Towers 6, and where 1002 sits

All 39 3-beds →

1002 last sold in June 2013 at AED 2,064 per sqft, 14% above what three-beds in South Ridge Towers 6 were fetching at the time (AED 1,814). Over the last 12 months three-beds sold for AED 5,300,000, around AED 2,521 per sqft, and rent for AED 120,000 to 420,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Dec 20255,300,000
13 Nov 20244,870,000
24 Sep 20244,150,000
10 Jul 20244,330,000
1 3-bed sale in the last 12 months

South Ridge Towers 6

Building

186 apartments, 1-bed to 3-bed over 39 floors in Downtown Dubai, completed in 2008 by Emaar. 9 sold in the last 12 months.

Typical price per sqft
AED 2,140
Typical sale
AED 3M
Typical rent
AED 150K /yr
Typical yield
5.3%
South Ridge Towers 6, Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 186 units in South Ridge Towers 6
Value
10012-bedAED 2.49M · Dec 2015
10032-bedAED 2.63M · Jun 2022
10041-bedAED 899K · Jul 2010
10051-bedAED 915K · Jul 2010

1002, South Ridge Towers 6 in numbers

  • Sold 4 times: first on 20 October 2011 for AED 2,328,888, last on 16 June 2013 for AED 4,340,000 (AED 2,064 per sqft).
  • Three-beds in South Ridge Towers 6 sold for AED 5,300,000–5,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,140 per sqft.

Source: Dubai Land Department. Updated 16 June 2013.

Questions about 1002, South Ridge Towers 6

What did unit 1002 last sell for?

AED 4,340,000 on 16 June 2013: AED 2,064 per sqft for 2,102 sqft. The unit has 4 registered sales; the first was AED 2,328,888 in October 2011.

How big is unit 1002?

2,102 sqft (195.3 sqm): a three-bedroom apartment on the 10th floor of a 39-storey tower completed in 2008.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in South Ridge Towers 6 sold for AED 5,300,000 to 5,300,000 in the last 12 months, around AED 2,521 per sqft.

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Mortgage on 1002, South Ridge Towers 6

Starts from the last sale price (AED 4.34M, 16 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 4,340,000
Deposit, UAE resident (20%)
AED 868,000
Deposit, non-resident (40%)
AED 1,736,000
Monthly over 25 years at 3.7%
AED 17,756

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