2-bed · 1,497 sqftSouth Ridge Towers 6, Downtown Dubai · 38th floor · completed 2008

3801, South Ridge Towers 6

Sold prices and rental history: sold twice, last in April 2017, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3801 · DLD and Ejari recordsUpdated 4 April 2017
Last soldAED 2.5M4 April 2017
Current rentAED 138K /yr20 November 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3801, South Ridge Towers 6

What is 3801 worth today?

Last sold for AED 2,500,000 in 2017

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4 Apr 2017SoldReady
AED 2,500,000AED 1,669 per sqft
20 Nov 2015RentedRenewal
AED 138,000/yr12 months · AED 92 per sqft
20 Nov 2014RentedNew contract
AED 138,000/yr12 months · AED 92 per sqft
26 Dec 2011Sold by developerReady
AED 2,245,888AED 1,500 per sqft

Source: Dubai Land Department. Updated 4 April 2017.

Key facts

Type
2-bed apartment
Size
1,497 sqft
Floor
38th of 39
Parking
B1-352
Developer
Emaar
Completed
2008
Service charge
AED 28,700 /yr
Last sold
AED 2.5M · April 2017

About 3801, South Ridge Towers 6

3801 is a two-bedroom apartment of 1,497 sqft on the 38th floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 4 April 2017 for AED 2,500,000, or AED 1,669 per sqft, in line with the AED 1,669 two-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, renewed on 20 November 2015, is AED 138,000 a year: a gross yield of 5.5% on the 2017 price, before the service charge of about AED 28,700 a year.

Sales and rents for 3801 over time

Sales
Unit 3801, 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 2011: AED 2,245,888 (AED 1,500 per sqft)Sold, April 2017: AED 2,500,000 (AED 1,669 per sqft)

3801 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3801, 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, November 2014: AED 138,000 a yearRenewal, November 2015: AED 138,000 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 3801 sits

All 75 2-beds →

3801 last sold in April 2017 at AED 1,669 per sqft, in line with what two-beds in South Ridge Towers 6 were fetching at the time (AED 1,669). 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. 3801's AED 138,000 is in the lower half 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 38th floor

All 186 units in South Ridge Towers 6
Value
38023-bedAED 3.39M · May 2013
38032-bedAED 2.44M · Jul 2010
38041-bedAED 781K · Mar 2012
38051-bedAED 625K · Aug 2009

3801, South Ridge Towers 6 in numbers

  • Sold twice: first on 26 December 2011 for AED 2,245,888, last on 4 April 2017 for AED 2,500,000 (AED 1,669 per sqft).
  • Rented since November 2014 on 2 Ejari contracts, at AED 138,000 a year.
  • At AED 138,000 a year the gross yield on the 2017 price is 5.5%, before a service charge of about AED 28,700 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 4 April 2017.

Questions about 3801, South Ridge Towers 6

What did unit 3801 last sell for?

AED 2,500,000 on 4 April 2017: AED 1,669 per sqft for 1,497 sqft. The unit has 2 registered sales; the first was AED 2,245,888 in December 2011.

What is the rent for unit 3801?

AED 138,000 a year on the contract renewed on 20 November 2015. The previous contract, from November 2014, was AED 138,000.

How big is unit 3801?

1,497 sqft (139.1 sqm): a two-bedroom apartment on the 38th floor of a 39-storey tower completed in 2008.

What is unit 3801 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 3801, South Ridge Towers 6

Starts from the last sale price (AED 2.5M, 4 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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