2-bed · 1,635 sqftSouth Ridge Towers 6, Downtown Dubai · 28th floor · completed 2008

2803, South Ridge Towers 6

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2803 · DLD and Ejari recordsUpdated 7 November 2024
Last soldAED 3.5M7 November 2024
Current rentAED 110K /yr1 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2803, South Ridge Towers 6

What is 2803 worth today?

Last sold for AED 3,500,000 in 2024

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7 Nov 2024SoldReady
AED 3,500,000AED 2,140 per sqft
1 Oct 2020RentedNew contract
AED 110,000/yr12 months · AED 67 per sqft
1 Aug 2020RentedRenewal
AED 144,000/yr1 months · AED 88 per sqft
1 Aug 2019RentedRenewal
AED 145,000/yr12 months · AED 89 per sqft
1 Aug 2018RentedRenewal
AED 145,000/yr12 months · AED 89 per sqft
1 Aug 2017RentedRenewal
AED 145,000/yr12 months · AED 89 per sqft
1 Aug 2016RentedRenewal
AED 175,000/yr12 months · AED 107 per sqft
17 Oct 2015RentedRenewal
AED 181,808/yr9 months · AED 111 per sqft

Source: Dubai Land Department. Updated 7 November 2024.

Key facts

Type
2-bed apartment
Size
1,635 sqft
Floor
28th of 39
Parking
B2-430
Developer
Emaar
Completed
2008
Service charge
AED 31,300 /yr
Last sold
AED 3.5M · November 2024

About 2803, South Ridge Towers 6

2803 is a two-bedroom apartment of 1,635 sqft on the 28th floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 7 November 2024 for AED 3,500,000, or AED 2,140 per sqft, 19% above the AED 1,797 two-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 1 October 2020, is AED 110,000 a year: a gross yield of 3.1% on the 2024 price, before the service charge of about AED 31,300 a year.

Sales and rents for 2803 over time

Sales
Unit 2803, 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 2012: AED 2,135,888 (AED 1,306 per sqft)Sold, August 2012: AED 2,650,000 (AED 1,620 per sqft)Sold, November 2024: AED 3,500,000 (AED 2,140 per sqft)

2803 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2803, 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, October 2012: AED 150,000 a yearNew contract, October 2013: AED 150,000 a yearNew contract, October 2014: AED 165,000 a yearRenewal, October 2015: AED 181,808 a yearRenewal, August 2016: AED 175,000 a yearRenewal, August 2017: AED 145,000 a yearRenewal, August 2018: AED 145,000 a yearRenewal, August 2019: AED 145,000 a yearRenewal, August 2020: AED 144,000 a yearNew contract, October 2020: 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 2803 sits

All 75 2-beds →

2803 last sold in November 2024 at AED 2,140 per sqft, 19% above what two-beds in South Ridge Towers 6 were fetching at the time (AED 1,797). 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. 2803'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 28th floor

All 186 units in South Ridge Towers 6
Value
28012-bedAED 2M · Feb 2017
28023-bedAED 3.85M · May 2023
28041-bedAED 1.88M · Apr 2025
28051-bedAED 1.18M · May 2019

2803, South Ridge Towers 6 in numbers

  • Sold 3 times: first on 3 July 2012 for AED 2,135,888, last on 7 November 2024 for AED 3,500,000 (AED 2,140 per sqft).
  • Rented since October 2012 on 10 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 3.1%, before a service charge of about AED 31,300 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 7 November 2024.

Questions about 2803, South Ridge Towers 6

What did unit 2803 last sell for?

AED 3,500,000 on 7 November 2024: AED 2,140 per sqft for 1,635 sqft. The unit has 3 registered sales; the first was AED 2,135,888 in July 2012.

What is the rent for unit 2803?

AED 110,000 a year on the contract signed on 1 October 2020. The previous contract, from August 2020, was AED 144,000; the unit has been rented since October 2012.

How big is unit 2803?

1,635 sqft (151.9 sqm): a two-bedroom apartment on the 28th floor of a 39-storey tower completed in 2008.

What is unit 2803 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 2803, South Ridge Towers 6

Starts from the last sale price (AED 3.5M, 7 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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