2-bed · 1,843 sqftSouth Ridge Towers 6, Downtown Dubai · 1st floor · completed 2008

102, South Ridge Towers 6

Sold prices and rental history: sold twice, last in July 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 26 July 2023
Last soldAED 2.68M26 July 2023
Current rentAED 125K /yr23 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, South Ridge Towers 6

What is 102 worth today?

Last sold for AED 2,680,000 in 2023

Unlock today's estimate, updated daily, with

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

26 Jul 2023SoldReady
AED 2,680,000AED 1,454 per sqft
23 Apr 2022RentedRenewal
AED 125,000/yr12 months · AED 68 per sqft
23 Apr 2021RentedNew contract
AED 125,000/yr12 months · AED 68 per sqft
28 Mar 2020RentedNew contract
AED 130,000/yr12 months · AED 71 per sqft
10 Jun 2012Sold by developerReady
AED 1,803,888AED 978 per sqft

Source: Dubai Land Department. Updated 26 July 2023.

Key facts

Type
2-bed apartment
Size
1,843 sqft
Floor
1st of 39
Parking
L1-150
Developer
Emaar
Completed
2008
Service charge
AED 35,300 /yr
Last sold
AED 2.68M · July 2023

About 102, South Ridge Towers 6

102 is a two-bedroom apartment of 1,843 sqft on the 1st floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 26 July 2023 for AED 2,680,000, or AED 1,454 per sqft, 8% below the AED 1,577 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 23 April 2022, is AED 125,000 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 35,300 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical two-bed in South Ridge Towers 6
2M4M2009201420192024Typical sale price by year: 2009 AED 1,317,012; 2010 AED 1,797,500; 2011 AED 1,978,692; 2012 AED 2,135,888; 2013 AED 2,400,000; 2014 AED 3,800,000; 2015 AED 2,675,000; 2016 AED 2,500,000; 2017 AED 2,475,000; 2018 AED 2,700,000; 2020 AED 1,375,000; 2022 AED 1,900,000; 2023 AED 2,500,000; 2024 AED 3,400,000; 2025 AED 3,500,000; 2026 AED 3,500,000Sold by developer, June 2012: AED 1,803,888 (AED 978 per sqft)Sold, July 2023: AED 2,680,000 (AED 1,454 per sqft)

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

Rents
Unit 102, each contractTypical two-bed in South Ridge Towers 6
100K150K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 135,000; 2014 AED 160,000; 2015 AED 160,000; 2016 AED 160,000; 2017 AED 155,000; 2018 AED 145,000; 2019 AED 132,139; 2020 AED 110,000; 2021 AED 110,400; 2022 AED 122,875; 2023 AED 145,000; 2024 AED 163,500; 2025 AED 175,000; 2026 AED 170,000New contract, March 2020: AED 130,000 a yearNew contract, April 2021: AED 125,000 a yearRenewal, April 2022: 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 6, and where 102 sits

All 75 2-beds →

102 last sold in July 2023 at AED 1,454 per sqft, 8% below what two-beds in South Ridge Towers 6 were fetching at the time (AED 1,577). Over the last 12 months two-beds sold for AED 3,000,000 to 3,625,000, around AED 2,171 per sqft, and rent for AED 130,000 to 280,000 a year. 102's AED 125,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Jun 20263,500,000
6 Mar 20263,000,000
2 Jan 20263,600,000
18 Nov 20253,625,000
4 2-bed sales 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 1st floor

All 186 units in South Ridge Towers 6
Value
1011-bedAED 1.6M · Jan 2023

102, South Ridge Towers 6 in numbers

  • Sold twice: first on 10 June 2012 for AED 1,803,888, last on 26 July 2023 for AED 2,680,000 (AED 1,454 per sqft).
  • Rented since March 2020 on 3 Ejari contracts, from AED 130,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 35,300 a year (AED 19.17 per sqft).
  • Two-beds in South Ridge Towers 6 sold for AED 3,000,000–3,625,000 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 26 July 2023.

Questions about 102, South Ridge Towers 6

What did unit 102 last sell for?

AED 2,680,000 on 26 July 2023: AED 1,454 per sqft for 1,843 sqft. The unit has 2 registered sales; the first was AED 1,803,888 in June 2012.

What is the rent for unit 102?

AED 125,000 a year on the contract renewed on 23 April 2022. The previous contract, from April 2021, was AED 125,000; the unit has been rented since March 2020.

How big is unit 102?

1,843 sqft (171.2 sqm): a two-bedroom apartment on the 1st floor of a 39-storey tower completed in 2008.

What is unit 102 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 6 sold for AED 3,000,000 to 3,625,000 in the last 12 months, around AED 2,171 per sqft.

Selling 102? 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 102, South Ridge Towers 6

Starts from the last sale price (AED 2.68M, 26 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,680,000
Deposit, UAE resident (20%)
AED 536,000
Deposit, non-resident (40%)
AED 1,072,000
Monthly over 25 years at 3.7%
AED 10,965

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