2-bed · 1,459 sqftSouth Ridge Towers 6, Downtown Dubai · 38th floor · completed 2008

3803, South Ridge Towers 6

Sold prices and rental history: sold once, by the developer in July 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3803 · DLD and Ejari recordsUpdated 5 June 2023
Last soldAED 2.44M6 July 2010
Current rentAED 116K /yr5 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3803, South Ridge Towers 6

What is 3803 worth today?

Last sold for AED 2,442,888 in 2010

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5 Jun 2023RentedRenewal
AED 115,500/yr12 months · AED 79 per sqft
5 Jun 2022RentedRenewal
AED 110,000/yr12 months · AED 75 per sqft
5 Jun 2021RentedNew contract
AED 100,000/yr12 months · AED 69 per sqft
25 Aug 2019RentedRenewal
AED 125,000/yr12 months · AED 86 per sqft
25 Aug 2018RentedNew contract
AED 125,000/yr12 months · AED 86 per sqft
1 Jul 2016RentedNew contract
AED 180,000/yr12 months · AED 123 per sqft
1 Jun 2014RentedNew contract
AED 175,000/yr12 months · AED 120 per sqft
6 Jul 2010Sold by developerReady
AED 2,442,888AED 1,674 per sqft

Source: Dubai Land Department. Updated 5 June 2023.

Key facts

Type
2-bed apartment
Size
1,459 sqft
Floor
38th of 39
Parking
B1-372
Developer
Emaar
Completed
2008
Service charge
AED 28,000 /yr
Last sold
AED 2.44M · July 2010

About 3803, South Ridge Towers 6

3803 is a two-bedroom apartment of 1,459 sqft on the 38th floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 6 July 2010 for AED 2,442,888, or AED 1,674 per sqft, 66% above the AED 1,011 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 5 June 2023, is AED 115,500 a year: a gross yield of 4.7% on the 2010 price, before the service charge of about AED 28,000 a year.

Sales and rents for 3803 over time

Sales
Unit 3803, 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 2010: AED 2,442,888 (AED 1,674 per sqft)

3803 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3803, 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, June 2014: AED 175,000 a yearNew contract, July 2016: AED 180,000 a yearNew contract, August 2018: AED 125,000 a yearRenewal, August 2019: AED 125,000 a yearNew contract, June 2021: AED 100,000 a yearRenewal, June 2022: AED 110,000 a yearRenewal, June 2023: AED 115,500 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 3803 sits

All 75 2-beds →

3803 last sold in July 2010 at AED 1,674 per sqft, 66% above what two-beds in South Ridge Towers 6 were fetching at the time (AED 1,011). 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. 3803's AED 115,500 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 38th floor

All 186 units in South Ridge Towers 6
Value
38012-bedAED 2.5M · Apr 2017
38023-bedAED 3.39M · May 2013
38041-bedAED 781K · Mar 2012
38051-bedAED 625K · Aug 2009

3803, South Ridge Towers 6 in numbers

  • Sold once: by Emaar on 6 July 2010 for AED 2,442,888, or AED 1,674 per sqft.
  • Rented since June 2014 on 7 Ejari contracts. The rent fell from AED 175,000 to AED 100,000 in 2021 and recovered to AED 115,500 by June 2023.
  • At AED 115,500 a year the gross yield on the 2010 price is 4.7%, before a service charge of about AED 28,000 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 5 June 2023.

Questions about 3803, South Ridge Towers 6

What did unit 3803 last sell for?

AED 2,442,888 on 6 July 2010, sold by the developer: AED 1,674 per sqft for 1,459 sqft. It is the only registered sale of the unit.

What is the rent for unit 3803?

AED 115,500 a year on the contract renewed on 5 June 2023. The previous contract, from June 2022, was AED 110,000; the unit has been rented since June 2014.

How big is unit 3803?

1,459 sqft (135.5 sqm): a two-bedroom apartment on the 38th floor of a 39-storey tower completed in 2008.

What is unit 3803 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 3803, South Ridge Towers 6

Starts from the last sale price (AED 2.44M, 6 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,442,888
Deposit, UAE resident (20%)
AED 488,578
Deposit, non-resident (40%)
AED 977,155
Monthly over 25 years at 3.7%
AED 9,995

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