3-bed · 1,974 sqftSouth Ridge Towers 6, Downtown Dubai · 2nd floor · completed 2008

202, South Ridge Towers 6

Sold prices and rental history: sold 4 times, last in September 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 24 September 2024
Last soldAED 4.15M24 September 2024
Current rentAED 100K /yr5 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, South Ridge Towers 6

What is 202 worth today?

Last sold for AED 4,150,000 in 2024

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24 Sep 2024SoldReady
AED 4,150,000AED 2,102 per sqft
20 Dec 2020SoldReady
AED 1,775,000AED 899 per sqft
5 Nov 2020RentedNew contract
AED 100,000/yr36 months · AED 51 per sqft
10 Jun 2019SoldReady
AED 1,680,000AED 1,268 per sqft
5 Jun 2018RentedRenewal
AED 170,000/yr12 months · AED 86 per sqft
5 Jun 2017RentedRenewal
AED 180,000/yr12 months · AED 91 per sqft
5 Jun 2016RentedRenewal
AED 180,000/yr12 months · AED 91 per sqft
5 Jun 2015RentedNew contract
AED 180,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 24 September 2024.

Key facts

Type
3-bed apartment
Size
1,974 sqft
Floor
2nd of 39
Parking
B1-341 , B1-342
Developer
Emaar
Completed
2008
Service charge
AED 37,800 /yr
Last sold
AED 4.15M · September 2024

About 202, South Ridge Towers 6

202 is a three-bedroom apartment of 1,974 sqft on the 2nd floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 24 September 2024 for AED 4,150,000, or AED 2,102 per sqft, in line with the AED 2,157 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 5 November 2020, is AED 100,000 a year: a gross yield of 2.4% on the 2024 price, before the service charge of about AED 37,800 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical three-bed in South Ridge Towers 6
2M4M2009201420192024Typical 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, September 2011: AED 2,168,888 (AED 1,098 per sqft)Sold, June 2019: AED 1,680,000 (AED 1,268 per sqft)Sold, December 2020: AED 1,775,000 (AED 899 per sqft)Sold, September 2024: AED 4,150,000 (AED 2,102 per sqft)

202 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 202, each contractTypical three-bed in South Ridge Towers 6
100K200K2012201620202024Typical 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 251,000New contract, June 2014: AED 180,000 a yearNew contract, June 2015: AED 180,000 a yearRenewal, June 2016: AED 180,000 a yearRenewal, June 2017: AED 180,000 a yearRenewal, June 2018: AED 170,000 a yearNew contract, November 2020: AED 100,000 a year

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 202 sits

All 39 3-beds →

202 last sold in September 2024 at AED 2,102 per sqft, in line with what three-beds in South Ridge Towers 6 were fetching at the time (AED 2,157). 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. 202's AED 100,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Dec 20255,300,000
13 Nov 20244,870,000
10 Jul 20244,330,000
25 Jun 20247,600,000
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 2nd floor

All 186 units in South Ridge Towers 6
Value
2012-bedAED 1.34M · May 2010
2032-bedAED 401K · Jun 2018
2042-bedAED 2.7M · Jan 2024

202, South Ridge Towers 6 in numbers

  • Sold 4 times: first on 22 September 2011 for AED 2,168,888, last on 24 September 2024 for AED 4,150,000 (AED 2,102 per sqft).
  • Rented since June 2014 on 6 Ejari contracts, from AED 180,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 2.4%, before a service charge of about AED 37,800 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 24 September 2024.

Questions about 202, South Ridge Towers 6

What did unit 202 last sell for?

AED 4,150,000 on 24 September 2024: AED 2,102 per sqft for 1,974 sqft. The unit has 4 registered sales; the first was AED 2,168,888 in September 2011.

What is the rent for unit 202?

AED 100,000 a year on the contract signed on 5 November 2020. The previous contract, from June 2018, was AED 170,000; the unit has been rented since June 2014.

How big is unit 202?

1,974 sqft (183.4 sqm): a three-bedroom apartment on the 2nd floor of a 39-storey tower completed in 2008.

What is unit 202 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 202, South Ridge Towers 6

Starts from the last sale price (AED 4.15M, 24 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,150,000
Deposit, UAE resident (20%)
AED 830,000
Deposit, non-resident (40%)
AED 1,660,000
Monthly over 25 years at 3.7%
AED 16,979

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