2-bed · 1,635 sqftSouth Ridge Towers 6, Downtown Dubai · 35th floor · completed 2008

3503, South Ridge Towers 6

Sold prices and rental history: sold 4 times, last in October 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3503 · DLD and Ejari recordsUpdated 17 October 2024
Last soldAED 4.09M17 October 2024
Current rentAED 388K /yr14 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3503, South Ridge Towers 6

What is 3503 worth today?

Last sold for AED 4,090,000 in 2024

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17 Oct 2024SoldReady
AED 4,090,000AED 2,501 per sqft
14 Jul 2023RentedNew contract
AED 387,500/yr12 months · AED 237 per sqft
16 Sep 2022SoldReady
AED 3,000,000AED 1,834 per sqft
9 Sep 2019RentedRenewal
AED 120,000/yr12 months · AED 73 per sqft
9 Sep 2018RentedRenewal
AED 140,000/yr12 months · AED 86 per sqft
9 Sep 2017RentedNew contract
AED 180,000/yr12 months · AED 110 per sqft
24 Jul 2016RentedNew contract
AED 175,000/yr12 months · AED 107 per sqft
19 Jul 2015RentedNew contract
AED 185,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 17 October 2024.

Key facts

Type
2-bed apartment
Size
1,635 sqft
Floor
35th of 39
Parking
L1-159
Developer
Emaar
Completed
2008
Service charge
AED 31,300 /yr
Last sold
AED 4.09M · October 2024

About 3503, South Ridge Towers 6

3503 is a two-bedroom apartment of 1,635 sqft on the 35th floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 17 October 2024 for AED 4,090,000, or AED 2,501 per sqft, 47% above the AED 1,702 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 14 July 2023, is AED 387,500 a year: a gross yield of 9.5% on the 2024 price, before the service charge of about AED 31,300 a year.

Sales and rents for 3503 over time

Sales
Unit 3503, 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, December 2010: AED 1,509,444 (AED 923 per sqft)Sold, May 2012: AED 2,400,000 (AED 1,467 per sqft)Sold, September 2022: AED 3,000,000 (AED 1,834 per sqft)Sold, October 2024: AED 4,090,000 (AED 2,501 per sqft)

3503 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3503, each contractTypical two-bed in South Ridge Towers 6
200K400K2012201620202024Typical 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, July 2015: AED 185,000 a yearNew contract, July 2016: AED 175,000 a yearNew contract, September 2017: AED 180,000 a yearRenewal, September 2018: AED 140,000 a yearRenewal, September 2019: AED 120,000 a yearNew contract, July 2023: AED 387,500 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 3503 sits

All 75 2-beds →

3503 last sold in October 2024 at AED 2,501 per sqft, 47% above what two-beds in South Ridge Towers 6 were fetching at the time (AED 1,702). 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. 3503's AED 387,500 is at the top 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 35th floor

All 186 units in South Ridge Towers 6
Value
35012-bedAED 2.68M · Mar 2024
35023-bedAED 4.33M · Jul 2024
35041-bedAED 2.05M · Apr 2025
35051-bedAED 2.74M · Jul 2009

3503, South Ridge Towers 6 in numbers

  • Sold 4 times: first on 27 December 2010 for AED 1,509,444, last on 17 October 2024 for AED 4,090,000 (AED 2,501 per sqft).
  • Rented since July 2015 on 6 Ejari contracts. The rent fell from AED 185,000 to AED 120,000 in 2019 and recovered to AED 387,500 by July 2023.
  • At AED 387,500 a year the gross yield on the 2024 price is 9.5%, 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 17 October 2024.

Questions about 3503, South Ridge Towers 6

What did unit 3503 last sell for?

AED 4,090,000 on 17 October 2024: AED 2,501 per sqft for 1,635 sqft. The unit has 4 registered sales; the first was AED 1,509,444 in December 2010.

What is the rent for unit 3503?

AED 387,500 a year on the contract signed on 14 July 2023. The previous contract, from September 2019, was AED 120,000; the unit has been rented since July 2015.

How big is unit 3503?

1,635 sqft (151.9 sqm): a two-bedroom apartment on the 35th floor of a 39-storey tower completed in 2008.

What is unit 3503 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 3503, South Ridge Towers 6

Starts from the last sale price (AED 4.09M, 17 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,090,000
Deposit, UAE resident (20%)
AED 818,000
Deposit, non-resident (40%)
AED 1,636,000
Monthly over 25 years at 3.7%
AED 16,733

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