1602, South Ridge Towers 6
Sold prices and rental history: sold twice, last in August 2019, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, South Ridge Towers 6
What is 1602 worth today?
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Source: Dubai Land Department. Updated 15 November 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,102 sqft
- Floor
- 16th of 39
- Parking
- B1-443 , B1-444
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 40,300 /yr
- Last sold
- AED 1.4M · August 2019
- Building
- South Ridge Towers 6
About 1602, South Ridge Towers 6
1602 is a three-bedroom apartment of 2,102 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 5 August 2019 for AED 1,400,000, or AED 666 per sqft, 47% below the AED 1,268 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 15 November 2024, is AED 330,000 a year: a gross yield of 23.6% on the 2019 price, before the service charge of about AED 40,300 a year.
Sales and rents for 1602 over time
1602 has sold twice; the dashed line is the three-bed median of each year in the building.
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 1602 sits
All 39 3-beds →1602 last sold in August 2019 at AED 666 per sqft, 47% below what three-beds in South Ridge Towers 6 were fetching at the time (AED 1,268). 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. 1602's AED 330,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Dec 202510 December 2025 | 2,102 sqft | 5,300,000 | 2,521 | ||
| 13 Nov 202413 November 2024 | 2,102 sqft | 4,870,000 | 2,316 | ||
| 24 Sep 202424 September 2024 | 1,974 sqft | 4,150,000 | 2,102 | ||
| 10 Jul 202410 July 2024 | 2,102 sqft | 4,330,000 | 2,059 |
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 | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,491 sqft | AED 2.5MAED 2,500,000 · Dec 2023December 2023 | 140,000 /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 |
1602, South Ridge Towers 6 in numbers
- Sold twice: first on 18 October 2012 for AED 2,266,888, last on 5 August 2019 for AED 1,400,000 (AED 666 per sqft).
- Rented since November 2012 on 8 Ejari contracts, from AED 215,000 to AED 330,000 a year.
- At AED 330,000 a year the gross yield on the 2019 price is 23.6%, before a service charge of about AED 40,300 a year (AED 19.17 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 15 November 2024.
Questions about 1602, South Ridge Towers 6
What did unit 1602 last sell for?
AED 1,400,000 on 5 August 2019: AED 666 per sqft for 2,102 sqft. The unit has 2 registered sales; the first was AED 2,266,888 in October 2012.
What is the rent for unit 1602?
AED 330,000 a year on the contract renewed on 15 November 2024. The previous contract, from November 2019, was AED 240,000; the unit has been rented since November 2012.
How big is unit 1602?
2,102 sqft (195.3 sqm): a three-bedroom apartment on the 16th floor of a 39-storey tower completed in 2008.
What is unit 1602 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 1602, South Ridge Towers 6
Starts from the last sale price (AED 1.4M, 5 August 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →