2-bed · 1,635 sqftSouth Ridge Towers 6, Downtown Dubai · 15th floor · completed 2008

1503, South Ridge Towers 6

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 16 November 2025
Last soldAED 2.83M26 October 2023
Current rentAED 190K /yr16 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, South Ridge Towers 6

What is 1503 worth today?

Last sold for AED 2,825,000 in 2023

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16 Nov 2025RentedRenewal
AED 190,000/yr12 months · AED 116 per sqft
16 Nov 2024RentedNew contract
AED 190,000/yr12 months · AED 116 per sqft
26 Oct 2023SoldReady
AED 2,825,000AED 1,727 per sqft
26 Jun 2023RentedRenewal
AED 135,000/yr12 months · AED 83 per sqft
26 Jun 2022RentedRenewal
AED 132,500/yr12 months · AED 81 per sqft
26 Jun 2021RentedNew contract
AED 130,000/yr12 months · AED 79 per sqft
24 Oct 2011SoldReady
AED 2,100,000AED 1,284 per sqft
21 Dec 2009Sold by developerReady
AED 1,807,971AED 1,105 per sqft

Source: Dubai Land Department. Updated 16 November 2025.

Key facts

Type
2-bed apartment
Size
1,635 sqft
Floor
15th of 39
Parking
B2-440
Developer
Emaar
Completed
2008
Service charge
AED 31,300 /yr
Last sold
AED 2.83M · October 2023

About 1503, South Ridge Towers 6

1503 is a two-bedroom apartment of 1,635 sqft on the 15th floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 26 October 2023 for AED 2,825,000, or AED 1,727 per sqft, 10% above the AED 1,577 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 16 November 2025, is AED 190,000 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 31,300 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, 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, December 2009: AED 1,807,971 (AED 1,105 per sqft)Sold, October 2011: AED 2,100,000 (AED 1,284 per sqft)Sold, October 2023: AED 2,825,000 (AED 1,727 per sqft)

1503 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1503, each contractTypical two-bed in South Ridge Towers 6
100K150K200K2012201620202024Typical 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, June 2021: AED 130,000 a yearRenewal, June 2022: AED 132,500 a yearRenewal, June 2023: AED 135,000 a yearNew contract, November 2024: AED 190,000 a yearRenewal, November 2025: AED 190,000 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 1503 sits

All 75 2-beds →

1503 last sold in October 2023 at AED 1,727 per sqft, 10% above 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. 1503's AED 190,000 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 15th floor

All 186 units in South Ridge Towers 6
Value
15012-bedAED 2.5M · Jul 2016
15023-bedAED 3.4M · Aug 2022
15041-bedAED 1.2M · Feb 2013
15051-bedAED 1.05M · Apr 2021

1503, South Ridge Towers 6 in numbers

  • Sold 3 times: first on 21 December 2009 for AED 1,807,971, last on 26 October 2023 for AED 2,825,000 (AED 1,727 per sqft).
  • Rented since June 2021 on 5 Ejari contracts, from AED 130,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2023 price is 6.7%, 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 16 November 2025.

Questions about 1503, South Ridge Towers 6

What did unit 1503 last sell for?

AED 2,825,000 on 26 October 2023: AED 1,727 per sqft for 1,635 sqft. The unit has 3 registered sales; the first was AED 1,807,971 in December 2009.

What is the rent for unit 1503?

AED 190,000 a year on the contract renewed on 16 November 2025. The previous contract, from November 2024, was AED 190,000; the unit has been rented since June 2021.

How big is unit 1503?

1,635 sqft (151.9 sqm): a two-bedroom apartment on the 15th floor of a 39-storey tower completed in 2008.

What is unit 1503 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 1503, South Ridge Towers 6

Starts from the last sale price (AED 2.83M, 26 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,825,000
Deposit, UAE resident (20%)
AED 565,000
Deposit, non-resident (40%)
AED 1,130,000
Monthly over 25 years at 3.7%
AED 11,558

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