3-bed · 2,102 sqftSouth Ridge Towers 6, Downtown Dubai · 9th floor · completed 2008

902, South Ridge Towers 6

Sold prices and rental history: sold 3 times, last in March 2018, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 1 October 2018
Last soldAED 3.7M4 March 2018
Current rentAED 200K /yr1 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 902, South Ridge Towers 6

What is 902 worth today?

Last sold for AED 3,700,000 in 2018

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1 Oct 2018RentedNew contract
AED 200,000/yr12 months · AED 95 per sqft
4 Mar 2018SoldReady
AED 3,700,000AED 1,760 per sqft
22 Aug 2017RentedRenewal
AED 240,000/yr4 months · AED 114 per sqft
22 Aug 2016RentedRenewal
AED 240,000/yr12 months · AED 114 per sqft
22 Aug 2015RentedRenewal
AED 231,000/yr12 months · AED 110 per sqft
22 Aug 2014RentedNew contract
AED 220,000/yr12 months · AED 105 per sqft
18 Aug 2013RentedNew contract
AED 200,000/yr12 months · AED 95 per sqft
28 Aug 2012RentedRenewal
AED 165,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 1 October 2018.

Key facts

Type
3-bed apartment
Size
2,102 sqft
Floor
9th of 39
Parking
B1-370 , B1-371
Developer
Emaar
Completed
2008
Service charge
AED 40,300 /yr
Last sold
AED 3.7M · March 2018

About 902, South Ridge Towers 6

902 is a three-bedroom apartment of 2,102 sqft on the 9th floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 4 March 2018 for AED 3,700,000, or AED 1,760 per sqft.

It has been rented continuously since 2011 on 8 Ejari contracts. The current contract, signed on 1 October 2018, is AED 200,000 a year: a gross yield of 5.4% on the 2018 price, before the service charge of about AED 40,300 a year.

Sales and rents for 902 over time

Sales
Unit 902, each saleTypical three-bed in South Ridge Towers 6
2M4M20092013201720212025Typical sale price by year: 2009 AED 3,062,888; 2010 AED 2,511,350; 2011 AED 2,774,444; 2012 AED 2,600,000; 2013 AED 4,170,000; 2015 AED 4,100,000; 2016 AED 4,203,948; 2021 AED 2,800,000; 2022 AED 3,275,000; 2024 AED 4,600,000Sold by developer, July 2009: AED 1,123,691 (AED 534 per sqft)Sold, April 2011: AED 2,180,000 (AED 1,037 per sqft)Sold, March 2018: AED 3,700,000 (AED 1,760 per sqft)

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

Rents
Unit 902, each contractTypical three-bed in South Ridge Towers 6
150K200K250K20112015201920232027Typical rent by year: 2012 AED 180,000; 2013 AED 190,000; 2014 AED 220,000; 2015 AED 235,500; 2016 AED 240,000; 2017 AED 215,000; 2018 AED 200,000; 2019 AED 185,000; 2020 AED 165,000; 2021 AED 162,750; 2022 AED 175,000; 2023 AED 225,500; 2024 AED 240,000; 2025 AED 252,000; 2026 AED 251,000New contract, August 2011: AED 165,000 a yearRenewal, August 2012: AED 165,000 a yearNew contract, August 2013: AED 200,000 a yearNew contract, August 2014: AED 220,000 a yearRenewal, August 2015: AED 231,000 a yearRenewal, August 2016: AED 240,000 a yearRenewal, August 2017: AED 240,000 a yearNew contract, October 2018: AED 200,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in South Ridge Towers 6, and where 902 sits

All 39 3-beds →

Over the last 12 months three-beds sold for AED 5,300,000, around AED 2,521 per sqft, and rent for AED 120,000 to 420,000 a year. 902's AED 200,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Dec 20255,300,000
13 Nov 20244,870,000
24 Sep 20244,150,000
10 Jul 20244,330,000
1 3-bed sale 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 9th floor

All 186 units in South Ridge Towers 6
Value
9012-bedAED 1.35M · Mar 2011
9032-bedAED 2.05M · Mar 2021
9041-bedAED 944K · Mar 2021
9051-bedAED 920K · Aug 2011

902, South Ridge Towers 6 in numbers

  • Sold 3 times: first on 14 July 2009 for AED 1,123,691, last on 4 March 2018 for AED 3,700,000 (AED 1,760 per sqft).
  • Rented since August 2011 on 8 Ejari contracts, from AED 165,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2018 price is 5.4%, before a service charge of about AED 40,300 a year (AED 19.17 per sqft).
  • Three-beds in South Ridge Towers 6 sold for AED 5,300,000–5,300,000 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 1 October 2018.

Questions about 902, South Ridge Towers 6

What did unit 902 last sell for?

AED 3,700,000 on 4 March 2018: AED 1,760 per sqft for 2,102 sqft. The unit has 3 registered sales; the first was AED 1,123,691 in July 2009.

What is the rent for unit 902?

AED 200,000 a year on the contract signed on 1 October 2018. The previous contract, from August 2017, was AED 240,000; the unit has been rented since August 2011.

How big is unit 902?

2,102 sqft (195.3 sqm): a three-bedroom apartment on the 9th floor of a 39-storey tower completed in 2008.

What is unit 902 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in South Ridge Towers 6 sold for AED 5,300,000 to 5,300,000 in the last 12 months, around AED 2,521 per sqft.

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Mortgage on 902, South Ridge Towers 6

Starts from the last sale price (AED 3.7M, 4 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 3,700,000
Deposit, UAE resident (20%)
AED 740,000
Deposit, non-resident (40%)
AED 1,480,000
Monthly over 25 years at 3.7%
AED 15,138

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