2-bed · 1,491 sqftSouth Ridge Towers 6, Downtown Dubai · 8th floor · completed 2008

801, South Ridge Towers 6

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 801 · DLD and Ejari recordsUpdated 12 June 2023
Last soldAED 2.1M12 June 2023
Current rentAED 142K /yr15 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 801, South Ridge Towers 6

What is 801 worth today?

Last sold for AED 2,102,334 in 2023

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12 Jun 2023SoldReady
AED 2,102,334AED 1,409 per sqft
15 Jul 2022RentedNew contract
AED 142,000/yr12 months · AED 95 per sqft
15 Mar 2022RentedRenewal
AED 144,000/yr4 months · AED 96 per sqft
15 Mar 2021RentedNew contract
AED 94,000/yr12 months · AED 63 per sqft
9 Aug 2020RentedRenewal
AED 120,000/yr4 months · AED 80 per sqft
7 Aug 2019RentedRenewal
AED 134,278/yr12 months · AED 90 per sqft
7 Aug 2018RentedRenewal
AED 155,000/yr12 months · AED 104 per sqft
7 Aug 2017RentedRenewal
AED 155,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 12 June 2023.

Key facts

Type
2-bed apartment
Size
1,491 sqft
Floor
8th of 39
Parking
B2-354
Developer
Emaar
Completed
2008
Service charge
AED 28,600 /yr
Last sold
AED 2.1M · June 2023

About 801, South Ridge Towers 6

801 is a two-bedroom apartment of 1,491 sqft on the 8th floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 12 June 2023 for AED 2,102,334, or AED 1,409 per sqft, 15% below the AED 1,654 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 15 July 2022, is AED 142,000 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 28,600 a year.

Sales and rents for 801 over time

Sales
Unit 801, 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, January 2009: AED 1,302,888 (AED 873 per sqft)Sold, February 2010: AED 1,725,000 (AED 1,156 per sqft)Sold, June 2023: AED 2,102,334 (AED 1,409 per sqft)

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

Rents
Unit 801, 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 2013: AED 130,000 a yearNew contract, August 2015: AED 155,000 a yearRenewal, August 2016: AED 155,000 a yearRenewal, August 2017: AED 155,000 a yearRenewal, August 2018: AED 155,000 a yearRenewal, August 2019: AED 134,278 a yearRenewal, August 2020: AED 120,000 a yearNew contract, March 2021: AED 94,000 a yearRenewal, March 2022: AED 144,000 a yearNew contract, July 2022: AED 142,000 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 801 sits

All 75 2-beds →

801 last sold in June 2023 at AED 1,409 per sqft, 15% below what two-beds in South Ridge Towers 6 were fetching at the time (AED 1,654). 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. 801's AED 142,000 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 8th floor

All 186 units in South Ridge Towers 6
Value
8023-bedAED 4.35M · Sep 2013
8032-bedAED 4.3M · Jul 2010
8041-bedAED 832K · Aug 2010
8051-bedAED 1.4M · Feb 2013

801, South Ridge Towers 6 in numbers

  • Sold 3 times: first on 28 January 2009 for AED 1,302,888, last on 12 June 2023 for AED 2,102,334 (AED 1,409 per sqft).
  • Rented since October 2013 on 10 Ejari contracts. The rent fell from AED 130,000 to AED 94,000 in 2021 and recovered to AED 142,000 by July 2022.
  • At AED 142,000 a year the gross yield on the 2023 price is 6.8%, 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 12 June 2023.

Questions about 801, South Ridge Towers 6

What did unit 801 last sell for?

AED 2,102,334 on 12 June 2023: AED 1,409 per sqft for 1,491 sqft. The unit has 3 registered sales; the first was AED 1,302,888 in January 2009.

What is the rent for unit 801?

AED 142,000 a year on the contract signed on 15 July 2022. The previous contract, from March 2022, was AED 144,000; the unit has been rented since October 2013.

How big is unit 801?

1,491 sqft (138.5 sqm): a two-bedroom apartment on the 8th floor of a 39-storey tower completed in 2008.

What is unit 801 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 801, South Ridge Towers 6

Starts from the last sale price (AED 2.1M, 12 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,102,334
Deposit, UAE resident (20%)
AED 420,467
Deposit, non-resident (40%)
AED 840,934
Monthly over 25 years at 3.7%
AED 8,601

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