2-bed · 1,491 sqftSouth Ridge Towers 6, Downtown Dubai · 12th floor · completed 2008

1201, South Ridge Towers 6

Sold prices and rental history: sold once, by the developer in July 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 1 January 2025
Last soldAED 1.3M1 July 2010
Current rentAED 40K /yr1 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, South Ridge Towers 6

What is 1201 worth today?

Last sold for AED 1,295,811 in 2010

Unlock today's estimate, updated daily, with

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

1 Jan 2025RentedRenewal · flagged as an outlier
AED 40,000/yr24 months · AED 27 per sqft
1 Jan 2023RentedRenewal · flagged as an outlier
AED 40,000/yr24 months · AED 27 per sqft
1 Sep 2020RentedRenewal · flagged as an outlier
AED 40,000/yr28 months · AED 27 per sqft
1 Sep 2018RentedRenewal
AED 120,000/yr24 months · AED 80 per sqft
1 Sep 2017RentedRenewal
AED 120,000/yr12 months · AED 80 per sqft
1 Sep 2016RentedRenewal
AED 120,000/yr12 months · AED 80 per sqft
1 Sep 2015RentedNew contract
AED 120,000/yr12 months · AED 80 per sqft
1 Jul 2010Sold by developerReady
AED 1,295,811AED 869 per sqft

Source: Dubai Land Department. Updated 1 January 2025.

Key facts

Type
2-bed apartment
Size
1,491 sqft
Floor
12th of 39
Parking
B2-352
Developer
Emaar
Completed
2008
Service charge
AED 28,600 /yr
Last sold
AED 1.3M · July 2010

About 1201, South Ridge Towers 6

1201 is a two-bedroom apartment of 1,491 sqft on the 12th floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 1 July 2010 for AED 1,295,811, or AED 869 per sqft, 10% below the AED 969 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 1 January 2025, is AED 40,000 a year: a gross yield of 3.1% on the 2010 price, before the service charge of about AED 28,600 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, 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, July 2010: AED 1,295,811 (AED 869 per sqft)

1201 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1201, 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, September 2015: AED 120,000 a yearRenewal, September 2016: AED 120,000 a yearRenewal, September 2017: AED 120,000 a yearRenewal, September 2018: AED 120,000 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 1201 sits

All 75 2-beds →

1201 last sold in July 2010 at AED 869 per sqft, 10% below what two-beds in South Ridge Towers 6 were fetching at the time (AED 969). 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. 1201's AED 40,000 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 12th floor

All 186 units in South Ridge Towers 6
Value
12023-bedAED 3.21M · Oct 2011
12032-bedAED 2M · Mar 2010
12041-bedAED 428K · Sep 2009
12051-bedAED 1.65M · Sep 2017

1201, South Ridge Towers 6 in numbers

  • Sold once: by Emaar on 1 July 2010 for AED 1,295,811, or AED 869 per sqft.
  • Rented since September 2015 on 7 Ejari contracts, from AED 120,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2010 price is 3.1%, before a service charge of about AED 28,600 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 1 January 2025.

Questions about 1201, South Ridge Towers 6

What did unit 1201 last sell for?

AED 1,295,811 on 1 July 2010, sold by the developer: AED 869 per sqft for 1,491 sqft. It is the only registered sale of the unit.

What is the rent for unit 1201?

AED 40,000 a year on the contract renewed on 1 January 2025. The previous contract, from January 2023, was AED 40,000; the unit has been rented since September 2015.

How big is unit 1201?

1,491 sqft (138.5 sqm): a two-bedroom apartment on the 12th floor of a 39-storey tower completed in 2008.

What is unit 1201 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 1201? 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 1201, South Ridge Towers 6

Starts from the last sale price (AED 1.3M, 1 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,295,811
Deposit, UAE resident (20%)
AED 259,162
Deposit, non-resident (40%)
AED 518,324
Monthly over 25 years at 3.7%
AED 5,302

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