2-bed · 1,635 sqftSouth Ridge Towers 6, Downtown Dubai · 12th floor · completed 2008

1203, South Ridge Towers 6

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

Unit 1203 · DLD and Ejari recordsUpdated 13 March 2026
Last soldAED 2M15 March 2010
Current rentAED 170K /yr13 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, South Ridge Towers 6

What is 1203 worth today?

Last sold for AED 2,000,000 in 2010

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13 Mar 2026RentedRenewal
AED 170,000/yr12 months · AED 105 per sqft
18 Oct 2024RentedRenewal
AED 130,000/yr12 months · AED 80 per sqft
18 Oct 2023RentedRenewal
AED 122,000/yr12 months · AED 75 per sqft
18 Oct 2022RentedRenewal
AED 115,500/yr12 months · AED 71 per sqft
18 Oct 2021RentedNew contract
AED 110,000/yr12 months · AED 68 per sqft
15 Sep 2020RentedNew contract
AED 105,000/yr12 months · AED 64 per sqft
15 Sep 2017RentedRenewal
AED 165,000/yr9 months · AED 101 per sqft
15 Sep 2016RentedRenewal
AED 165,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 13 March 2026.

Key facts

Type
2-bed apartment
Size
1,635 sqft
Floor
12th of 39
Parking
B2-436
Developer
Emaar
Completed
2008
Service charge
AED 31,300 /yr
Last sold
AED 2M · March 2010

About 1203, South Ridge Towers 6

1203 is a two-bedroom apartment of 1,635 sqft on the 12th floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 15 March 2010 for AED 2,000,000, or AED 1,223 per sqft, 30% above the AED 940 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 13 March 2026, is AED 170,000 a year: a gross yield of 8.5% on the 2010 price, before the service charge of about AED 31,300 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, 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, March 2010: AED 2,000,000 (AED 1,223 per sqft)Sold by developer, March 2010: AED 1,866,132 (AED 1,141 per sqft)

1203 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1203, 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 165,000 a yearRenewal, September 2016: AED 165,000 a yearRenewal, September 2017: AED 165,000 a yearNew contract, September 2020: AED 105,000 a yearNew contract, October 2021: AED 110,000 a yearRenewal, October 2022: AED 115,500 a yearRenewal, October 2023: AED 122,000 a yearRenewal, October 2024: AED 130,000 a yearRenewal, March 2026: AED 170,000 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 1203 sits

All 75 2-beds →

1203 last sold in March 2010 at AED 1,223 per sqft, 30% above what two-beds in South Ridge Towers 6 were fetching at the time (AED 940). 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. 1203's AED 170,000 is in the lower half 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
12012-bedAED 1.3M · Jul 2010
12023-bedAED 3.21M · Oct 2011
12041-bedAED 428K · Sep 2009
12051-bedAED 1.65M · Sep 2017

1203, South Ridge Towers 6 in numbers

  • Sold twice: first on 14 March 2010 for AED 1,866,132, last on 15 March 2010 for AED 2,000,000 (AED 1,223 per sqft).
  • Rented since September 2015 on 9 Ejari contracts. The rent fell from AED 165,000 to AED 105,000 in 2020 and recovered to AED 170,000 by March 2026.
  • At AED 170,000 a year the gross yield on the 2010 price is 8.5%, before a service charge of about AED 31,300 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 13 March 2026.

Questions about 1203, South Ridge Towers 6

What did unit 1203 last sell for?

AED 2,000,000 on 15 March 2010: AED 1,223 per sqft for 1,635 sqft. The unit has 2 registered sales; the first was AED 1,866,132 in March 2010.

What is the rent for unit 1203?

AED 170,000 a year on the contract renewed on 13 March 2026. The previous contract, from October 2024, was AED 130,000; the unit has been rented since September 2015.

How big is unit 1203?

1,635 sqft (151.9 sqm): a two-bedroom apartment on the 12th floor of a 39-storey tower completed in 2008.

What is unit 1203 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.

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Mortgage on 1203, South Ridge Towers 6

Starts from the last sale price (AED 2M, 15 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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