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2-bed · 1,491 sqftSouth Ridge Towers 6, Downtown Dubai · 23rd floor · completed 2008

2301, South Ridge Towers 6

Sold prices and rental history: sold twice, last in August 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2301 · DLD and Ejari recordsUpdated 15 August 2017
Last soldAED 1.5M15 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2301, South Ridge Towers 6

What is 2301 worth today?

Last sold for AED 1,500,000 in 2017

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15 Aug 2017SoldReady
AED 1,500,000AED 1,006 per sqft
6 Jul 2010Sold by developerReady
AED 1,382,142AED 926 per sqft

Source: Dubai Land Department. Updated 15 August 2017.

Key facts

Type
2-bed apartment
Size
1,491 sqft
Floor
23rd of 39
Parking
B2-458
Developer
Emaar
Completed
2008
Service charge
AED 28,600 /yr
Last sold
AED 1.5M · August 2017
Building
South Ridge Towers 6

About 2301, South Ridge Towers 6

2301 is a two-bedroom apartment of 1,491 sqft on the 23rd floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 15 August 2017 for AED 1,500,000, or AED 1,006 per sqft, 14% below the AED 1,174 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2301 over time

Sales
Unit 2301, 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 1,382,142 (AED 926 per sqft)Sold, August 2017: AED 1,500,000 (AED 1,006 per sqft)

2301 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2301, 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 170,000

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 2301 sits

All 75 2-beds →

2301 last sold in August 2017 at AED 1,006 per sqft, 14% below what two-beds in South Ridge Towers 6 were fetching at the time (AED 1,174). 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.

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 23rd floor

All 186 units in South Ridge Towers 6
Value
23023-bedAED 2.74M · Jul 2021
23032-bedAED 2.01M · Mar 2013
23041-bedAED 1.62M · Feb 2017
23051-bedAED 927K · Jul 2010

2301, South Ridge Towers 6 in numbers

  • Sold twice: first on 6 July 2010 for AED 1,382,142, last on 15 August 2017 for AED 1,500,000 (AED 1,006 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 15 August 2017.

Questions about 2301, South Ridge Towers 6

What did unit 2301 last sell for?

AED 1,500,000 on 15 August 2017: AED 1,006 per sqft for 1,491 sqft. The unit has 2 registered sales; the first was AED 1,382,142 in July 2010.

How big is unit 2301?

1,491 sqft (138.5 sqm): a two-bedroom apartment on the 23rd floor of a 39-storey tower completed in 2008.

What is unit 2301 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 2301, South Ridge Towers 6

Starts from the last sale price (AED 1.5M, 15 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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