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3-bed · 2,102 sqftSouth Ridge Towers 6, Downtown Dubai · 34th floor · completed 2008

3402, South Ridge Towers 6

Sold prices and rental history: sold twice, last in March 2013, and rented once, from March 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3402 · DLD and Ejari recordsUpdated 31 March 2013
Last soldAED 4M31 March 2013
Current rentAED 200K /yr20 March 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3402, South Ridge Towers 6

What is 3402 worth today?

Last sold for AED 4,000,000 in 2013

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31 Mar 2013SoldReady
AED 4,000,000AED 1,902 per sqft
20 Mar 2012RentedNew contract
AED 200,000/yr12 months · AED 95 per sqft
21 Nov 2011Sold by developerReady
AED 3,591,888AED 1,708 per sqft

Source: Dubai Land Department. Updated 31 March 2013.

Key facts

Type
3-bed apartment
Size
2,102 sqft
Floor
34th of 39
Parking
L1-120 , L1-121
Developer
Emaar
Completed
2008
Service charge
AED 40,300 /yr
Last sold
AED 4M · March 2013
Building
South Ridge Towers 6

About 3402, South Ridge Towers 6

3402 is a three-bedroom apartment of 2,102 sqft on the 34th floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 31 March 2013 for AED 4,000,000, or AED 1,902 per sqft, 33% above the AED 1,427 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 March 2012. The current contract, signed on 20 March 2012, is AED 200,000 a year: a gross yield of 5.0% on the 2013 price, before the service charge of about AED 40,300 a year.

Sales and rents for 3402 over time

Sales
Unit 3402, each saleTypical three-bed in South Ridge Towers 6
3M4M20092013201720212025Typical 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, November 2011: AED 3,591,888 (AED 1,708 per sqft)Sold, March 2013: AED 4,000,000 (AED 1,902 per sqft)

3402 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3402, each contractTypical three-bed in South Ridge Towers 6
150K200K250K2012201620202024Typical 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, March 2012: AED 200,000 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 3402 sits

All 39 3-beds →

3402 last sold in March 2013 at AED 1,902 per sqft, 33% above what three-beds in South Ridge Towers 6 were fetching at the time (AED 1,427). 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. 3402's AED 200,000 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 34th floor

All 186 units in South Ridge Towers 6
Value
34012-bedAED 822K · Oct 2009
34032-bedAED 2M · May 2011
34041-bedAED 1.88M · Apr 2025
34051-bedAED 1.76M · Sep 2023

3402, South Ridge Towers 6 in numbers

  • Sold twice: first on 21 November 2011 for AED 3,591,888, last on 31 March 2013 for AED 4,000,000 (AED 1,902 per sqft).
  • Rented since March 2012 on one Ejari contract, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2013 price is 5.0%, 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 31 March 2013.

Questions about 3402, South Ridge Towers 6

What did unit 3402 last sell for?

AED 4,000,000 on 31 March 2013: AED 1,902 per sqft for 2,102 sqft. The unit has 2 registered sales; the first was AED 3,591,888 in November 2011.

What is the rent for unit 3402?

AED 200,000 a year on the contract signed on 20 March 2012.

How big is unit 3402?

2,102 sqft (195.3 sqm): a three-bedroom apartment on the 34th floor of a 39-storey tower completed in 2008.

What is unit 3402 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 3402, South Ridge Towers 6

Starts from the last sale price (AED 4M, 31 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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