3-bed · 2,102 sqftSouth Ridge Towers 6, Downtown Dubai · 13th floor · completed 2008

1302, South Ridge Towers 6

Sold prices and rental history: sold once, by the developer in December 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1302 · DLD and Ejari recordsUpdated 20 December 2018
Last soldAED 3.45M20 December 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1302, South Ridge Towers 6

What is 1302 worth today?

Last sold for AED 3,450,000 in 2018

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20 Dec 2018Sold by developerReady
AED 3,450,000AED 1,641 per sqft

Source: Dubai Land Department. Updated 20 December 2018.

Key facts

Type
3-bed apartment
Size
2,102 sqft
Floor
13th of 39
Parking
B1-418 , B1-419
Developer
Emaar
Completed
2008
Service charge
AED 40,300 /yr
Last sold
AED 3.45M · December 2018

About 1302, South Ridge Towers 6

1302 is a three-bedroom apartment of 2,102 sqft on the 13th floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 20 December 2018 for AED 3,450,000, or AED 1,641 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1302 over time

Sales
Unit 1302, each saleTypical three-bed in South Ridge Towers 6
3M4M20092013201720212025Typical 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 by developer, December 2018: AED 3,450,000 (AED 1,641 per sqft)

1302 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1302, 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 1302 sits

All 39 3-beds →

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 13th floor

All 186 units in South Ridge Towers 6
Value
13012-bedAED 1.82M · Feb 2014
13032-bedAED 552K · Mar 2010
13051-bedAED 1.6M · Jan 2024

1302, South Ridge Towers 6 in numbers

  • Sold once: by Emaar on 20 December 2018 for AED 3,450,000, or AED 1,641 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 20 December 2018.

Questions about 1302, South Ridge Towers 6

What did unit 1302 last sell for?

AED 3,450,000 on 20 December 2018, sold by the developer: AED 1,641 per sqft for 2,102 sqft. It is the only registered sale of the unit.

How big is unit 1302?

2,102 sqft (195.3 sqm): a three-bedroom apartment on the 13th floor of a 39-storey tower completed in 2008.

What is unit 1302 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 1302, South Ridge Towers 6

Starts from the last sale price (AED 3.45M, 20 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 3,450,000
Deposit, UAE resident (20%)
AED 690,000
Deposit, non-resident (40%)
AED 1,380,000
Monthly over 25 years at 3.7%
AED 14,115

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