2-bed · 1,491 sqftSouth Ridge Towers 6, Downtown Dubai · 7th floor · completed 2008

701, South Ridge Towers 6

Sold prices and rental history: sold twice, last in July 2013, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 5 June 2026
Last soldAED 2.4M25 July 2013
Current rentAED 173K /yr5 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, South Ridge Towers 6

What is 701 worth today?

Last sold for AED 2,400,000 in 2013

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5 Jun 2026RentedRenewal
AED 173,250/yr12 months · AED 116 per sqft
5 Jun 2025RentedRenewal
AED 165,000/yr12 months · AED 111 per sqft
5 Jun 2025RentedRenewal
AED 165,000/yr12 months · AED 111 per sqft
5 Jun 2024RentedNew contract
AED 165,000/yr12 months · AED 111 per sqft
2 Feb 2023RentedNew contract
AED 148,000/yr12 months · AED 99 per sqft
19 Dec 2021RentedRenewal
AED 103,500/yr12 months · AED 69 per sqft
19 Dec 2020RentedNew contract
AED 90,000/yr12 months · AED 60 per sqft
23 Oct 2019RentedNew contract
AED 115,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 5 June 2026.

Key facts

Type
2-bed apartment
Size
1,491 sqft
Floor
7th of 39
Parking
B2-351
Developer
Emaar
Completed
2008
Service charge
AED 28,600 /yr
Last sold
AED 2.4M · July 2013

About 701, South Ridge Towers 6

701 is a two-bedroom apartment of 1,491 sqft on the 7th floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 25 July 2013 for AED 2,400,000, or AED 1,609 per sqft, in line with the AED 1,609 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 5 June 2026, is AED 173,250 a year: a gross yield of 7.2% on the 2013 price, before the service charge of about AED 28,600 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical two-bed in South Ridge Towers 6
2M4M2008201320182023Typical 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, November 2008: AED 1,294,888 (AED 868 per sqft)Sold, July 2013: AED 2,400,000 (AED 1,609 per sqft)

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

Rents
Unit 701, 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, October 2019: AED 115,000 a yearNew contract, December 2020: AED 90,000 a yearRenewal, December 2021: AED 103,500 a yearNew contract, February 2023: AED 148,000 a yearNew contract, June 2024: AED 165,000 a yearRenewal, June 2025: AED 165,000 a yearRenewal, June 2025: AED 165,000 a yearRenewal, June 2026: AED 173,250 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 701 sits

All 75 2-beds →

701 last sold in July 2013 at AED 1,609 per sqft, in line with what two-beds in South Ridge Towers 6 were fetching at the time (AED 1,609). 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. 701's AED 173,250 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 7th floor

All 186 units in South Ridge Towers 6
Value
7023-bedAED 2.5M · Jan 2012
7032-bedAED 1.7M · Dec 2020
7041-bedAED 1.54M · Nov 2023
7051-bedAED 1.85M · Apr 2024

701, South Ridge Towers 6 in numbers

  • Sold twice: first on 30 November 2008 for AED 1,294,888, last on 25 July 2013 for AED 2,400,000 (AED 1,609 per sqft).
  • Rented since October 2019 on 8 Ejari contracts. The rent fell from AED 115,000 to AED 90,000 in 2020 and recovered to AED 173,250 by June 2026.
  • At AED 173,250 a year the gross yield on the 2013 price is 7.2%, 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 5 June 2026.

Questions about 701, South Ridge Towers 6

What did unit 701 last sell for?

AED 2,400,000 on 25 July 2013: AED 1,609 per sqft for 1,491 sqft. The unit has 2 registered sales; the first was AED 1,294,888 in November 2008.

What is the rent for unit 701?

AED 173,250 a year on the contract renewed on 5 June 2026. The previous contract, from June 2025, was AED 165,000; the unit has been rented since October 2019.

How big is unit 701?

1,491 sqft (138.5 sqm): a two-bedroom apartment on the 7th floor of a 39-storey tower completed in 2008.

What is unit 701 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 701, South Ridge Towers 6

Starts from the last sale price (AED 2.4M, 25 July 2013). 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 →