2002, South Ridge Towers 3
Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2002, South Ridge Towers 3
What is 2002 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 23 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,560 sqft
- Floor
- 20th of 25
- Parking
- L1-063
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 29,900 /yr
- Last sold
- AED 3.25M · February 2024
- Building
- South Ridge Towers 3
About 2002, South Ridge Towers 3
2002 is a two-bedroom apartment of 1,560 sqft on the 20th floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 23 February 2024 for AED 3,250,000, or AED 2,083 per sqft, 6% above the AED 1,959 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 17 December 2022, is AED 200,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 29,900 a year.
Sales and rents for 2002 over time
2002 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 3, and where 2002 sits
All 45 2-beds →2002 last sold in February 2024 at AED 2,083 per sqft, 6% above what two-beds in South Ridge Towers 3 were fetching at the time (AED 1,959). 2002's AED 200,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Jun 202526 June 2025 | 1,560 sqft | 2,650,000 | 1,698 | ||
| 12 Jun 202512 June 2025 | 1,663 sqft | 3,550,000 | 2,134 | ||
| 27 Mar 202527 March 2025 | 1,663 sqft | 3,775,000 | 2,269 | ||
| 28 Feb 202528 February 2025 | 1,663 sqft | 3,740,000 | 2,248 |
South Ridge Towers 3
Building117 apartments, studios to 3-bed over 25 floors in Downtown Dubai, completed in 2008 by Emaar. 1 sold in the last 12 months.
- Typical price per sqft
- AED 2,053
- Typical sale
- AED 2M
- Typical rent
- AED 120K /yr
- Typical yield
- 5.7%
Other units on the 20th floor
All 117 units in South Ridge Towers 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,663 sqft | AED 3.78MAED 3,775,000 · Mar 2025March 2025 | 180,000 /yr | |
| 2003 | 1-bed | 1,025 sqft | AED 1.79MAED 1,785,000 · Feb 2024February 2024 | 115,000 /yr | |
| 2004 | 1-bed | 985 sqft | AED 2.1MAED 2,100,000 · May 2025May 2025 | 125,000 /yr | |
| 2005 | 1-bed | 974 sqft | AED 1.6MAED 1,600,000 · Aug 2016August 2016 | 120,000 /yr |
2002, South Ridge Towers 3 in numbers
- Sold 3 times: first on 28 December 2011 for AED 2,000,000, last on 23 February 2024 for AED 3,250,000 (AED 2,083 per sqft).
- Rented since February 2014 on 5 Ejari contracts. The rent fell from AED 175,000 to AED 125,000 in 2020 and recovered to AED 200,000 by December 2022.
- At AED 200,000 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 29,900 a year (AED 19.17 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 23 February 2024.
Questions about 2002, South Ridge Towers 3
What did unit 2002 last sell for?
AED 3,250,000 on 23 February 2024: AED 2,083 per sqft for 1,560 sqft. The unit has 3 registered sales; the first was AED 2,000,000 in December 2011.
What is the rent for unit 2002?
AED 200,000 a year on the contract signed on 17 December 2022. The previous contract, from December 2021, was AED 130,000; the unit has been rented since February 2014.
How big is unit 2002?
1,560 sqft (144.9 sqm): a two-bedroom apartment on the 20th floor of a 25-storey tower completed in 2008.
What is unit 2002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 2002, South Ridge Towers 3
Starts from the last sale price (AED 3.25M, 23 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,250,000
- Deposit, UAE resident (20%)
- AED 650,000
- Deposit, non-resident (40%)
- AED 1,300,000
- Monthly over 25 years at 3.7%
- AED 13,297
Plus AED 141,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →