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3-bed · 2,102 sqftSouth Ridge Towers 6, Downtown Dubai · 32nd floor · completed 2008

3202, South Ridge Towers 6

Sold prices and rental history: sold 5 times, last in October 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3202 · DLD and Ejari recordsUpdated 26 October 2023
Last soldAED 4.65M26 October 2023
Current rentAED 165K /yr1 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3202, South Ridge Towers 6

What is 3202 worth today?

Last sold for AED 4,650,000 in 2023

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26 Oct 2023SoldReady
AED 4,650,000AED 2,212 per sqft
20 Jan 2021SoldReady
AED 2,900,000AED 1,379 per sqft
1 Sep 2020RentedRenewal
AED 165,000/yr12 months · AED 79 per sqft
1 Sep 2019RentedRenewal
AED 180,000/yr12 months · AED 86 per sqft
1 Sep 2018RentedRenewal
AED 210,000/yr12 months · AED 100 per sqft
1 Sep 2017RentedNew contract
AED 210,000/yr12 months · AED 100 per sqft
16 Sep 2016RentedRenewal
AED 100,000/yr24 months · AED 48 per sqft
5 Jun 2016SoldReady
AED 4,203,948AED 1,999 per sqft

Source: Dubai Land Department. Updated 26 October 2023.

Key facts

Type
3-bed apartment
Size
2,102 sqft
Floor
32nd of 39
Parking
L1-155 , L1-156
Developer
Emaar
Completed
2008
Service charge
AED 40,300 /yr
Last sold
AED 4.65M · October 2023
Building
South Ridge Towers 6

About 3202, South Ridge Towers 6

3202 is a three-bedroom apartment of 2,102 sqft on the 32nd floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 26 October 2023 for AED 4,650,000, or AED 2,212 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 September 2020, is AED 165,000 a year: a gross yield of 3.5% on the 2023 price, before the service charge of about AED 40,300 a year.

Sales and rents for 3202 over time

Sales
Unit 3202, each saleTypical three-bed in South Ridge Towers 6
3M4M5M20092013201720212025Typical sale price by year: 2009 AED 3,062,888; 2010 AED 2,511,350; 2011 AED 2,774,444; 2012 AED 2,600,000; 2013 AED 4,170,000; 2015 AED 4,100,000; 2016 AED 4,203,948; 2021 AED 2,800,000; 2022 AED 3,275,000; 2024 AED 4,600,000Sold by developer, April 2009: AED 3,557,888 (AED 1,692 per sqft)Sold, June 2016: AED 4,203,948 (AED 1,999 per sqft)Sold, June 2016: AED 4,203,948 (AED 1,999 per sqft)Sold, January 2021: AED 2,900,000 (AED 1,379 per sqft)Sold, October 2023: AED 4,650,000 (AED 2,212 per sqft)

3202 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3202, each contractTypical three-bed in South Ridge Towers 6
100K200K2012201620202024Typical rent by year: 2012 AED 180,000; 2013 AED 190,000; 2014 AED 220,000; 2015 AED 235,500; 2016 AED 240,000; 2017 AED 215,000; 2018 AED 200,000; 2019 AED 185,000; 2020 AED 165,000; 2021 AED 162,750; 2022 AED 175,000; 2023 AED 225,500; 2024 AED 240,000; 2025 AED 252,000; 2026 AED 251,000New contract, September 2013: AED 100,000 a yearNew contract, September 2014: AED 100,000 a yearRenewal, September 2015: AED 100,000 a yearRenewal, September 2016: AED 100,000 a yearNew contract, September 2017: AED 210,000 a yearRenewal, September 2018: AED 210,000 a yearRenewal, September 2019: AED 180,000 a yearRenewal, September 2020: AED 165,000 a year

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 3202 sits

All 39 3-beds →

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. 3202's AED 165,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Dec 20255,300,000
13 Nov 20244,870,000
24 Sep 20244,150,000
10 Jul 20244,330,000
1 3-bed sale 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 32nd floor

All 186 units in South Ridge Towers 6
Value
32012-bedAED 1.63M · May 2010
32032-bedAED 3.4M · Oct 2024
32041-bedAED 940K · Jan 2021
32051-bedAED 1M · Jul 2010

3202, South Ridge Towers 6 in numbers

  • Sold 5 times: first on 6 April 2009 for AED 3,557,888, last on 26 October 2023 for AED 4,650,000 (AED 2,212 per sqft).
  • Rented since September 2013 on 8 Ejari contracts, from AED 100,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2023 price is 3.5%, 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 26 October 2023.

Questions about 3202, South Ridge Towers 6

What did unit 3202 last sell for?

AED 4,650,000 on 26 October 2023: AED 2,212 per sqft for 2,102 sqft. The unit has 5 registered sales; the first was AED 3,557,888 in April 2009.

What is the rent for unit 3202?

AED 165,000 a year on the contract renewed on 1 September 2020. The previous contract, from September 2019, was AED 180,000; the unit has been rented since September 2013.

How big is unit 3202?

2,102 sqft (195.3 sqm): a three-bedroom apartment on the 32nd floor of a 39-storey tower completed in 2008.

What is unit 3202 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 3202, South Ridge Towers 6

Starts from the last sale price (AED 4.65M, 26 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,650,000
Deposit, UAE resident (20%)
AED 930,000
Deposit, non-resident (40%)
AED 1,860,000
Monthly over 25 years at 3.7%
AED 19,025

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