2402, South Ridge Towers 6
Sold prices and rental history: sold twice, last in May 2022, 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 2402, South Ridge Towers 6
What is 2402 worth today?
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Source: Dubai Land Department. Updated 20 May 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,102 sqft
- Floor
- 24th of 39
- Parking
- B1-428 , B1-429
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 40,300 /yr
- Last sold
- AED 3.16M · May 2022
- Building
- South Ridge Towers 6
About 2402, South Ridge Towers 6
2402 is a three-bedroom apartment of 2,102 sqft on the 24th floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 20 May 2022 for AED 3,160,000, or AED 1,503 per sqft, 6% above the AED 1,418 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 15 March 2022, is AED 165,000 a year: a gross yield of 5.2% on the 2022 price, before the service charge of about AED 40,300 a year.
Sales and rents for 2402 over time
2402 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 2402 sits
All 39 3-beds →2402 last sold in May 2022 at AED 1,503 per sqft, 6% above what three-beds in South Ridge Towers 6 were fetching at the time (AED 1,418). 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. 2402's AED 165,000 is in the lower 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 24th floor
All 186 units in South Ridge Towers 62402, South Ridge Towers 6 in numbers
- Sold twice: first on 5 July 2010 for AED 2,436,888, last on 20 May 2022 for AED 3,160,000 (AED 1,503 per sqft).
- Rented since September 2012 on 10 Ejari contracts, from AED 190,000 to AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2022 price is 5.2%, 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 20 May 2022.
Questions about 2402, South Ridge Towers 6
What did unit 2402 last sell for?
AED 3,160,000 on 20 May 2022: AED 1,503 per sqft for 2,102 sqft. The unit has 2 registered sales; the first was AED 2,436,888 in July 2010.
What is the rent for unit 2402?
AED 165,000 a year on the contract signed on 15 March 2022. The previous contract, from March 2021, was AED 150,000; the unit has been rented since September 2012.
How big is unit 2402?
2,102 sqft (195.3 sqm): a three-bedroom apartment on the 24th floor of a 39-storey tower completed in 2008.
What is unit 2402 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 2402, South Ridge Towers 6
Starts from the last sale price (AED 3.16M, 20 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,160,000
- Deposit, UAE resident (20%)
- AED 632,000
- Deposit, non-resident (40%)
- AED 1,264,000
- Monthly over 25 years at 3.7%
- AED 12,929
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →