2-bed · 1,491 sqftSouth Ridge Towers 6, Downtown Dubai · 13th floor · completed 2008

1301, South Ridge Towers 6

Sold prices and rental history: sold 3 times, last in February 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 16 February 2014
Last soldAED 1.82M16 February 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1301, South Ridge Towers 6

What is 1301 worth today?

Last sold for AED 1,820,000 in 2014

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16 Feb 2014SoldReady
AED 1,820,000AED 1,220 per sqft
13 Jan 2010SoldReady
AED 1,820,000AED 1,220 per sqft
29 Sep 2009Sold by developerReady
AED 1,290,132AED 865 per sqft

Source: Dubai Land Department. Updated 16 February 2014.

Key facts

Type
2-bed apartment
Size
1,491 sqft
Floor
13th of 39
Parking
B2-350
Developer
Emaar
Completed
2008
Service charge
AED 28,600 /yr
Last sold
AED 1.82M · February 2014

About 1301, South Ridge Towers 6

1301 is a two-bedroom apartment of 1,491 sqft on the 13th floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 16 February 2014 for AED 1,820,000, or AED 1,220 per sqft, 23% below the AED 1,576 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1301 over time

Sales
Unit 1301, 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, September 2009: AED 1,290,132 (AED 865 per sqft)Sold, January 2010: AED 1,820,000 (AED 1,220 per sqft)Sold, February 2014: AED 1,820,000 (AED 1,220 per sqft)

1301 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1301, 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 170,000

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 1301 sits

All 75 2-beds →

1301 last sold in February 2014 at AED 1,220 per sqft, 23% below what two-beds in South Ridge Towers 6 were fetching at the time (AED 1,576). 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.

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 13th floor

All 186 units in South Ridge Towers 6
Value
13023-bedAED 3.45M · Dec 2018
13032-bedAED 552K · Mar 2010
13051-bedAED 1.6M · Jan 2024

1301, South Ridge Towers 6 in numbers

  • Sold 3 times: first on 29 September 2009 for AED 1,290,132, last on 16 February 2014 for AED 1,820,000 (AED 1,220 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 16 February 2014.

Questions about 1301, South Ridge Towers 6

What did unit 1301 last sell for?

AED 1,820,000 on 16 February 2014: AED 1,220 per sqft for 1,491 sqft. The unit has 3 registered sales; the first was AED 1,290,132 in September 2009.

How big is unit 1301?

1,491 sqft (138.5 sqm): a two-bedroom apartment on the 13th floor of a 39-storey tower completed in 2008.

What is unit 1301 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 1301, South Ridge Towers 6

Starts from the last sale price (AED 1.82M, 16 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,820,000
Deposit, UAE resident (20%)
AED 364,000
Deposit, non-resident (40%)
AED 728,000
Monthly over 25 years at 3.7%
AED 7,446

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