2-bed · 1,491 sqftSouth Ridge Towers 6, Downtown Dubai · 26th floor · completed 2008

2601, South Ridge Towers 6

Sold prices and rental history: sold twice, last in December 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2601 · DLD and Ejari recordsUpdated 20 October 2019
Last soldAED 3.2M29 December 2014
Current rentAED 110K /yr20 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2601, South Ridge Towers 6

What is 2601 worth today?

Last sold for AED 3,200,000 in 2014

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20 Oct 2019RentedNew contract
AED 110,000/yr12 months · AED 74 per sqft
3 Sep 2017RentedRenewal
AED 145,000/yr12 months · AED 97 per sqft
3 Sep 2016RentedNew contract
AED 145,000/yr12 months · AED 97 per sqft
21 Aug 2015RentedNew contract
AED 148,000/yr12 months · AED 99 per sqft
29 Dec 2014SoldReady
AED 3,200,000AED 2,146 per sqft
26 Jul 2009Sold by developerReady
AED 1,494,661AED 1,002 per sqft

Source: Dubai Land Department. Updated 20 October 2019.

Key facts

Type
2-bed apartment
Size
1,491 sqft
Floor
26th of 39
Parking
B2-453
Developer
Emaar
Completed
2008
Service charge
AED 28,600 /yr
Last sold
AED 3.2M · December 2014

About 2601, South Ridge Towers 6

2601 is a two-bedroom apartment of 1,491 sqft on the 26th floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 29 December 2014 for AED 3,200,000, or AED 2,146 per sqft, 8% below the AED 2,324 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 20 October 2019, is AED 110,000 a year: a gross yield of 3.4% on the 2014 price, before the service charge of about AED 28,600 a year.

Sales and rents for 2601 over time

Sales
Unit 2601, 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 2009: AED 1,494,661 (AED 1,002 per sqft)Sold, December 2014: AED 3,200,000 (AED 2,146 per sqft)

2601 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2601, 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, August 2015: AED 148,000 a yearNew contract, September 2016: AED 145,000 a yearRenewal, September 2017: AED 145,000 a yearNew contract, October 2019: 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 2601 sits

All 75 2-beds →

2601 last sold in December 2014 at AED 2,146 per sqft, 8% below what two-beds in South Ridge Towers 6 were fetching at the time (AED 2,324). 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. 2601'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 26th floor

All 186 units in South Ridge Towers 6
Value
26023-bedAED 4.85M · Feb 2015
26032-bedAED 3.5M · Jun 2026
26041-bedAED 1.85M · Nov 2025
26051-bedAED 471K · Dec 2009

2601, South Ridge Towers 6 in numbers

  • Sold twice: first on 26 July 2009 for AED 1,494,661, last on 29 December 2014 for AED 3,200,000 (AED 2,146 per sqft).
  • Rented since August 2015 on 4 Ejari contracts, from AED 148,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2014 price is 3.4%, before a service charge of about AED 28,600 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 20 October 2019.

Questions about 2601, South Ridge Towers 6

What did unit 2601 last sell for?

AED 3,200,000 on 29 December 2014: AED 2,146 per sqft for 1,491 sqft. The unit has 2 registered sales; the first was AED 1,494,661 in July 2009.

What is the rent for unit 2601?

AED 110,000 a year on the contract signed on 20 October 2019. The previous contract, from September 2017, was AED 145,000; the unit has been rented since August 2015.

How big is unit 2601?

1,491 sqft (138.5 sqm): a two-bedroom apartment on the 26th floor of a 39-storey tower completed in 2008.

What is unit 2601 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 2601, South Ridge Towers 6

Starts from the last sale price (AED 3.2M, 29 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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