1601, South Ridge Towers 6
Sold prices and rental history: sold 4 times, last in December 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, South Ridge Towers 6
What is 1601 worth today?
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Source: Dubai Land Department. Updated 21 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,491 sqft
- Floor
- 16th of 39
- Parking
- B2-355
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 28,600 /yr
- Last sold
- AED 2.5M · December 2023
- Building
- South Ridge Towers 6
About 1601, South Ridge Towers 6
1601 is a two-bedroom apartment of 1,491 sqft on the 16th floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 21 December 2023 for AED 2,500,000, or AED 1,676 per sqft, 15% above the AED 1,458 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 10 December 2022, is AED 140,000 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 28,600 a year.
Sales and rents for 1601 over time
1601 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 1601 sits
All 75 2-beds →1601 last sold in December 2023 at AED 1,676 per sqft, 15% above what two-beds in South Ridge Towers 6 were fetching at the time (AED 1,458). 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. 1601's AED 140,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Jun 202617 June 2026 | 1,635 sqft | 3,500,000 | 2,140 | ||
| 6 Mar 20266 March 2026 | 1,491 sqft | 3,000,000 | 2,012 | ||
| 2 Jan 20262 January 2026 | 1,635 sqft | 3,600,000 | 2,201 | ||
| 18 Nov 202518 November 2025 | 1,491 sqft | 3,625,000 | 2,431 |
South Ridge Towers 6
Building186 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%
Other units on the 16th floor
All 186 units in South Ridge Towers 6| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 3-bed | 2,102 sqft | AED 1.4MAED 1,400,000 · Aug 2019August 2019 | 330,000 /yr | |
| 1603 | 2-bed | 1,635 sqft | AED 3.9MAED 3,900,000 · Jul 2025July 2025 | 200,000 /yr | |
| 1604 | 1-bed | 915 sqft | AED 1.29MAED 1,286,000 · May 2023May 2023 | 47,368 /yr | |
| 1605 | 1-bed | 1,060 sqft | AED 1.53MAED 1,525,000 · Jan 2023January 2023 | 110,250 /yr |
1601, South Ridge Towers 6 in numbers
- Sold 4 times: first on 30 September 2009 for AED 1,313,172, last on 21 December 2023 for AED 2,500,000 (AED 1,676 per sqft).
- Rented since December 2016 on 9 Ejari contracts. The rent fell from AED 142,000 to AED 110,000 in 2020 and recovered to AED 140,000 by December 2022.
- At AED 140,000 a year the gross yield on the 2023 price is 5.6%, 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 21 December 2023.
Questions about 1601, South Ridge Towers 6
What did unit 1601 last sell for?
AED 2,500,000 on 21 December 2023: AED 1,676 per sqft for 1,491 sqft. The unit has 4 registered sales; the first was AED 1,313,172 in September 2009.
What is the rent for unit 1601?
AED 140,000 a year on the contract signed on 10 December 2022. The previous contract, from December 2021, was AED 125,000; the unit has been rented since December 2016.
How big is unit 1601?
1,491 sqft (138.5 sqm): a two-bedroom apartment on the 16th floor of a 39-storey tower completed in 2008.
What is unit 1601 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 1601, South Ridge Towers 6
Starts from the last sale price (AED 2.5M, 21 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,500,000
- Deposit, UAE resident (20%)
- AED 500,000
- Deposit, non-resident (40%)
- AED 1,000,000
- Monthly over 25 years at 3.7%
- AED 10,228
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →