2-bed · 1,635 sqftSouth Ridge Towers 6, Downtown Dubai · 9th floor · completed 2008

903, South Ridge Towers 6

Sold prices and rental history: sold 4 times, last in March 2021, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 21 March 2021
Last soldAED 2.05M21 March 2021
Current rentAED 120K /yr15 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, South Ridge Towers 6

What is 903 worth today?

Last sold for AED 2,050,000 in 2021

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21 Mar 2021SoldReady
AED 2,050,000AED 1,253 per sqft
15 Nov 2020RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft
15 Nov 2019RentedNew contract
AED 140,000/yr12 months · AED 86 per sqft
6 May 2015SoldReady
AED 3,400,000AED 2,079 per sqft
18 Feb 2014RentedNew contract
AED 184,428/yr11 months · AED 113 per sqft
14 Apr 2010SoldReady
AED 2,018,950AED 1,234 per sqft
26 Jul 2009Sold by developerReady
AED 925,811AED 566 per sqft

Source: Dubai Land Department. Updated 21 March 2021.

Key facts

Type
2-bed apartment
Size
1,635 sqft
Floor
9th of 39
Parking
B2-437
Developer
Emaar
Completed
2008
Service charge
AED 31,300 /yr
Last sold
AED 2.05M · March 2021

About 903, South Ridge Towers 6

903 is a two-bedroom apartment of 1,635 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 21 March 2021 for AED 2,050,000, or AED 1,253 per sqft, 28% above the AED 981 two-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 15 November 2020, is AED 120,000 a year: a gross yield of 5.9% on the 2021 price, before the service charge of about AED 31,300 a year.

Sales and rents for 903 over time

Sales
Unit 903, 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, July 2009: AED 925,811 (AED 566 per sqft)Sold, April 2010: AED 2,018,950 (AED 1,234 per sqft)Sold, May 2015: AED 3,400,000 (AED 2,079 per sqft)Sold, March 2021: AED 2,050,000 (AED 1,253 per sqft)

903 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 903, 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, February 2014: AED 184,428 a yearNew contract, November 2019: AED 140,000 a yearNew contract, November 2020: AED 120,000 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 903 sits

All 75 2-beds →

903 last sold in March 2021 at AED 1,253 per sqft, 28% above what two-beds in South Ridge Towers 6 were fetching at the time (AED 981). 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. 903's AED 120,000 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 9th floor

All 186 units in South Ridge Towers 6
Value
9012-bedAED 1.35M · Mar 2011
9023-bedAED 3.7M · Mar 2018
9041-bedAED 944K · Mar 2021
9051-bedAED 920K · Aug 2011

903, South Ridge Towers 6 in numbers

  • Sold 4 times: first on 26 July 2009 for AED 925,811, last on 21 March 2021 for AED 2,050,000 (AED 1,253 per sqft).
  • Rented since February 2014 on 3 Ejari contracts, from AED 184,428 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2021 price is 5.9%, 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 21 March 2021.

Questions about 903, South Ridge Towers 6

What did unit 903 last sell for?

AED 2,050,000 on 21 March 2021: AED 1,253 per sqft for 1,635 sqft. The unit has 4 registered sales; the first was AED 925,811 in July 2009.

What is the rent for unit 903?

AED 120,000 a year on the contract signed on 15 November 2020. The previous contract, from November 2019, was AED 140,000; the unit has been rented since February 2014.

How big is unit 903?

1,635 sqft (151.9 sqm): a two-bedroom apartment on the 9th floor of a 39-storey tower completed in 2008.

What is unit 903 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 903, South Ridge Towers 6

Starts from the last sale price (AED 2.05M, 21 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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