2-bed · 1,491 sqftSouth Ridge Towers 6, Downtown Dubai · 6th floor · completed 2008

601, South Ridge Towers 6

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 27 November 2023
Last soldAED 2.18M27 November 2023
Current rentAED 116K /yr7 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, South Ridge Towers 6

What is 601 worth today?

Last sold for AED 2,175,000 in 2023

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27 Nov 2023SoldReady
AED 2,175,000AED 1,458 per sqft
7 Dec 2022RentedRenewal
AED 115,500/yr12 months · AED 77 per sqft
7 Dec 2021RentedRenewal
AED 110,000/yr12 months · AED 74 per sqft
7 Dec 2020RentedRenewal
AED 100,000/yr12 months · AED 67 per sqft
7 Dec 2019RentedRenewal
AED 120,000/yr12 months · AED 80 per sqft
7 Dec 2018RentedNew contract
AED 120,000/yr12 months · AED 80 per sqft
1 Nov 2017RentedNew contract
AED 140,000/yr12 months · AED 94 per sqft
1 Jul 2016RentedRenewal
AED 157,500/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 27 November 2023.

Key facts

Type
2-bed apartment
Size
1,491 sqft
Floor
6th of 39
Parking
B2-389
Developer
Emaar
Completed
2008
Service charge
AED 28,600 /yr
Last sold
AED 2.18M · November 2023

About 601, South Ridge Towers 6

601 is a two-bedroom apartment of 1,491 sqft on the 6th floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 27 November 2023 for AED 2,175,000, or AED 1,458 per sqft, in line with the AED 1,458 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 7 December 2022, is AED 115,500 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 28,600 a year.

Sales and rents for 601 over time

Sales
Unit 601, 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, September 2009: AED 1,235,412 (AED 828 per sqft)Sold, March 2010: AED 1,775,000 (AED 1,190 per sqft)Sold, November 2023: AED 2,175,000 (AED 1,458 per sqft)

601 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 601, 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, July 2015: AED 150,000 a yearRenewal, July 2016: AED 157,500 a yearNew contract, November 2017: AED 140,000 a yearNew contract, December 2018: AED 120,000 a yearRenewal, December 2019: AED 120,000 a yearRenewal, December 2020: AED 100,000 a yearRenewal, December 2021: AED 110,000 a yearRenewal, December 2022: 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 601 sits

All 75 2-beds →

601 last sold in November 2023 at AED 1,458 per sqft, in line with what two-beds in South Ridge Towers 6 were fetching at the time (AED 1,458). 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. 601'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 6th floor

All 186 units in South Ridge Towers 6
Value
6023-bedAED 5M · Apr 2014
6032-bedAED 4.3M · May 2014
6041-bedAED 1.75M · Jul 2024
6051-bedAED 840K · Jun 2010

601, South Ridge Towers 6 in numbers

  • Sold 3 times: first on 28 September 2009 for AED 1,235,412, last on 27 November 2023 for AED 2,175,000 (AED 1,458 per sqft).
  • Rented since July 2015 on 8 Ejari contracts. The rent fell from AED 150,000 to AED 100,000 in 2020 and recovered to AED 115,500 by December 2022.
  • At AED 115,500 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 28,600 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 27 November 2023.

Questions about 601, South Ridge Towers 6

What did unit 601 last sell for?

AED 2,175,000 on 27 November 2023: AED 1,458 per sqft for 1,491 sqft. The unit has 3 registered sales; the first was AED 1,235,412 in September 2009.

What is the rent for unit 601?

AED 115,500 a year on the contract renewed on 7 December 2022. The previous contract, from December 2021, was AED 110,000; the unit has been rented since July 2015.

How big is unit 601?

1,491 sqft (138.5 sqm): a two-bedroom apartment on the 6th floor of a 39-storey tower completed in 2008.

What is unit 601 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 601, South Ridge Towers 6

Starts from the last sale price (AED 2.18M, 27 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,175,000
Deposit, UAE resident (20%)
AED 435,000
Deposit, non-resident (40%)
AED 870,000
Monthly over 25 years at 3.7%
AED 8,899

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