2-bed · 2,355 sqftSouth Ridge Towers 6, Downtown Dubai · 2nd floor · completed 2008

204, South Ridge Towers 6

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 31 January 2024
Last soldAED 2.7M31 January 2024
Current rentAED 110K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, South Ridge Towers 6

What is 204 worth today?

Last sold for AED 2,700,000 in 2024

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31 Jan 2024SoldReady
AED 2,700,000AED 1,146 per sqft
1 Oct 2023RentedRenewal
AED 110,000/yr12 months · AED 47 per sqft
1 Oct 2022RentedRenewal
AED 110,000/yr12 months · AED 47 per sqft
1 Oct 2021RentedRenewal
AED 100,000/yr12 months · AED 42 per sqft
1 Oct 2020RentedNew contract
AED 100,000/yr12 months · AED 42 per sqft
17 Apr 2016RentedNew contract
AED 150,000/yr12 months · AED 64 per sqft
5 Jul 2010Sold by developerReady
AED 1,338,888AED 568 per sqft

Source: Dubai Land Department. Updated 31 January 2024.

Key facts

Type
2-bed apartment
Size
2,355 sqft
Floor
2nd of 39
Parking
B2-371
Developer
Emaar
Completed
2008
Service charge
AED 45,100 /yr
Last sold
AED 2.7M · January 2024

About 204, South Ridge Towers 6

204 is a two-bedroom apartment of 2,355 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 31 January 2024 for AED 2,700,000, or AED 1,146 per sqft, 21% below the AED 1,456 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 1 October 2023, is AED 110,000 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 45,100 a year.

Sales and rents for 204 over time

Sales
Unit 204, 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, July 2010: AED 1,338,888 (AED 568 per sqft)Sold, January 2024: AED 2,700,000 (AED 1,146 per sqft)

204 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 204, each contractTypical two-bed in South Ridge Towers 6
100K150K2012201620202024Typical 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, April 2016: AED 150,000 a yearNew contract, October 2020: AED 100,000 a yearRenewal, October 2021: AED 100,000 a yearRenewal, October 2022: AED 110,000 a yearRenewal, October 2023: AED 110,000 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 204 sits

All 75 2-beds →

204 last sold in January 2024 at AED 1,146 per sqft, 21% below what two-beds in South Ridge Towers 6 were fetching at the time (AED 1,456). 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. 204's AED 110,000 is at the bottom 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 2nd floor

All 186 units in South Ridge Towers 6
Value
2012-bedAED 1.34M · May 2010
2023-bedAED 4.15M · Sep 2024
2032-bedAED 401K · Jun 2018

204, South Ridge Towers 6 in numbers

  • Sold twice: first on 5 July 2010 for AED 1,338,888, last on 31 January 2024 for AED 2,700,000 (AED 1,146 per sqft).
  • Rented since April 2016 on 5 Ejari contracts, from AED 150,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 4.1%, before a service charge of about AED 45,100 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 31 January 2024.

Questions about 204, South Ridge Towers 6

What did unit 204 last sell for?

AED 2,700,000 on 31 January 2024: AED 1,146 per sqft for 2,355 sqft. The unit has 2 registered sales; the first was AED 1,338,888 in July 2010.

What is the rent for unit 204?

AED 110,000 a year on the contract renewed on 1 October 2023. The previous contract, from October 2022, was AED 110,000; the unit has been rented since April 2016.

How big is unit 204?

2,355 sqft (218.8 sqm): a two-bedroom apartment on the 2nd floor of a 39-storey tower completed in 2008.

What is unit 204 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 204, South Ridge Towers 6

Starts from the last sale price (AED 2.7M, 31 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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