503, South Ridge Towers 6
Sold prices and rental history: sold twice, last in September 2012, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, South Ridge Towers 6
What is 503 worth today?
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Source: Dubai Land Department. Updated 7 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,635 sqft
- Floor
- 5th of 39
- Parking
- B1-442
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 31,300 /yr
- Last sold
- AED 2.4M · September 2012
- Building
- South Ridge Towers 6
About 503, South Ridge Towers 6
503 is a two-bedroom apartment of 1,635 sqft on the 5th floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 6 September 2012 for AED 2,400,000, or AED 1,467 per sqft, 14% above the AED 1,285 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 7 November 2023, is AED 170,000 a year: a gross yield of 7.1% on the 2012 price, before the service charge of about AED 31,300 a year.
Sales and rents for 503 over time
503 has sold twice; the dashed line is the two-bed median of each year in the building.
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 503 sits
All 75 2-beds →503 last sold in September 2012 at AED 1,467 per sqft, 14% above what two-beds in South Ridge Towers 6 were fetching at the time (AED 1,285). 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. 503's AED 170,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Jun 202617 June 2026 | 1,635 sqft | 3,500,000 | 2,140 | ||
| 6 Mar 20266 March 2026 | 1,491 sqft | 3,000,000 | 2,012 | ||
| 2 Jan 20262 January 2026 | 1,635 sqft | 3,600,000 | 2,201 | ||
| 18 Nov 202518 November 2025 | 1,491 sqft | 3,625,000 | 2,431 |
South Ridge Towers 6
Building186 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%
Other units on the 5th floor
All 186 units in South Ridge Towers 6| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,491 sqft | AED 1.38MAED 1,375,000 · Aug 2011August 2011 | 180,000 /yr | |
| 502 | 3-bed | 2,102 sqft | AED 2.89MAED 2,885,000 · Jan 2010January 2010 | 235,000 /yr | |
| 504 | 1-bed | 915 sqft | AED 875KAED 875,000 · Apr 2015April 2015 | 110,000 /yr | |
| 505 | 1-bed | 1,060 sqft | AED 1.6MAED 1,600,000 · May 2017May 2017 | 130,000 /yr |
503, South Ridge Towers 6 in numbers
- Sold twice: first on 23 September 2010 for AED 2,534,888, last on 6 September 2012 for AED 2,400,000 (AED 1,467 per sqft).
- Rented since August 2019 on 5 Ejari contracts. The rent fell from AED 155,000 to AED 105,000 in 2020 and recovered to AED 170,000 by November 2023.
- At AED 170,000 a year the gross yield on the 2012 price is 7.1%, 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 7 November 2023.
Questions about 503, South Ridge Towers 6
What did unit 503 last sell for?
AED 2,400,000 on 6 September 2012: AED 1,467 per sqft for 1,635 sqft. The unit has 2 registered sales; the first was AED 2,534,888 in September 2010.
What is the rent for unit 503?
AED 170,000 a year on the contract renewed on 7 November 2023. The previous contract, from November 2022, was AED 170,000; the unit has been rented since August 2019.
How big is unit 503?
1,635 sqft (151.9 sqm): a two-bedroom apartment on the 5th floor of a 39-storey tower completed in 2008.
What is unit 503 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 503, South Ridge Towers 6
Starts from the last sale price (AED 2.4M, 6 September 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 2,400,000
- Deposit, UAE resident (20%)
- AED 480,000
- Deposit, non-resident (40%)
- AED 960,000
- Monthly over 25 years at 3.7%
- AED 9,819
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →