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2-bed · 1,635 sqftSouth Ridge Towers 6, Downtown Dubai · 24th floor · completed 2008

2403, South Ridge Towers 6

Sold prices and rental history: sold 3 times, last in March 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2403 · DLD and Ejari recordsUpdated 16 March 2014
Last soldAED 3.9M16 March 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2403, South Ridge Towers 6

What is 2403 worth today?

Last sold for AED 3,900,000 in 2014

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16 Mar 2014SoldReady
AED 3,900,000AED 2,385 per sqft
5 Jun 2012SoldReady
AED 2,150,000AED 1,314 per sqft
31 May 2012Sold by developerReady
AED 2,086,888AED 1,276 per sqft

Source: Dubai Land Department. Updated 16 March 2014.

Key facts

Type
2-bed apartment
Size
1,635 sqft
Floor
24th of 39
Parking
G-101
Developer
Emaar
Completed
2008
Service charge
AED 31,300 /yr
Last sold
AED 3.9M · March 2014
Building
South Ridge Towers 6

About 2403, South Ridge Towers 6

2403 is a two-bedroom apartment of 1,635 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 16 March 2014 for AED 3,900,000, or AED 2,385 per sqft, 31% above the AED 1,818 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2403 over time

Sales
Unit 2403, 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, May 2012: AED 2,086,888 (AED 1,276 per sqft)Sold, June 2012: AED 2,150,000 (AED 1,314 per sqft)Sold, March 2014: AED 3,900,000 (AED 2,385 per sqft)

2403 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2403, 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 2403 sits

All 75 2-beds →

2403 last sold in March 2014 at AED 2,385 per sqft, 31% above what two-beds in South Ridge Towers 6 were fetching at the time (AED 1,818). 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 24th floor

All 186 units in South Ridge Towers 6
Value
24012-bedAED 1.52M · Oct 2009
24023-bedAED 3.16M · May 2022
24041-bedAED 930K · Jul 2010
24051-bedAED 1.93M · Jan 2025

2403, South Ridge Towers 6 in numbers

  • Sold 3 times: first on 31 May 2012 for AED 2,086,888, last on 16 March 2014 for AED 3,900,000 (AED 2,385 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 16 March 2014.

Questions about 2403, South Ridge Towers 6

What did unit 2403 last sell for?

AED 3,900,000 on 16 March 2014: AED 2,385 per sqft for 1,635 sqft. The unit has 3 registered sales; the first was AED 2,086,888 in May 2012.

How big is unit 2403?

1,635 sqft (151.9 sqm): a two-bedroom apartment on the 24th floor of a 39-storey tower completed in 2008.

What is unit 2403 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 2403, South Ridge Towers 6

Starts from the last sale price (AED 3.9M, 16 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,900,000
Deposit, UAE resident (20%)
AED 780,000
Deposit, non-resident (40%)
AED 1,560,000
Monthly over 25 years at 3.7%
AED 15,956

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