2002, South Ridge Towers 5
Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2002, South Ridge Towers 5
What is 2002 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 21 August 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,450 sqft
- Floor
- 20th of 33
- Parking
- L1-112
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 27,800 /yr
- Last sold
- AED 2.55M · August 2023
- Building
- South Ridge Towers 5
About 2002, South Ridge Towers 5
2002 is a two-bedroom apartment of 1,450 sqft on the 20th floor of South Ridge Towers 5, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 21 August 2023 for AED 2,550,000, or AED 1,758 per sqft, 30% above the AED 1,350 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 21 May 2023, is AED 145,000 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 27,800 a year.
Sales and rents for 2002 over time
2002 has sold twice; 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 5, and where 2002 sits
All 59 2-beds →2002 last sold in August 2023 at AED 1,758 per sqft, 30% above what two-beds in South Ridge Towers 5 were fetching at the time (AED 1,350). 2002's AED 145,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Jul 202518 July 2025 | 1,450 sqft | 3,050,000 | 2,103 | ||
| 30 Jun 202530 June 2025 | 1,450 sqft | 3,000,000 | 2,068 | ||
| 6 Sep 20246 September 2024 | 1,450 sqft | 3,000,000 | 2,068 | ||
| 23 Jan 202423 January 2024 | 1,444 sqft | 2,275,000 | 1,575 |
South Ridge Towers 5
Building158 apartments, studios to 3-bed over 33 floors in Downtown Dubai, completed in 2008 by Emaar. 1 sold in the last 12 months.
- Typical price per sqft
- AED 1,833
- Typical sale
- AED 2M
- Typical rent
- AED 153K /yr
- Typical yield
- 6.4%
Other units on the 20th floor
All 158 units in South Ridge Towers 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 3-bed | 1,892 sqft | AED 2.18MAED 2,175,000 · Oct 2020October 2020 | 150,000 /yr | |
| 2003 | 1-bed | 1,091 sqft | AED 970KAED 969,844 · Oct 2011October 2011 | 100,000 /yr | |
| 2004 | 1-bed | 933 sqft | AED 825KAED 825,444 · Oct 2011October 2011 | 110,000 /yr | |
| 2005 | 2-bed | 1,444 sqft | AED 1.82MAED 1,820,000 · May 2023May 2023 | 155,000 /yr |
2002, South Ridge Towers 5 in numbers
- Sold twice: first on 11 October 2011 for AED 1,489,498, last on 21 August 2023 for AED 2,550,000 (AED 1,758 per sqft).
- Rented since May 2013 on 8 Ejari contracts, from AED 107,000 to AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2023 price is 5.7%, before a service charge of about AED 27,800 a year (AED 19.17 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 21 August 2023.
Questions about 2002, South Ridge Towers 5
What did unit 2002 last sell for?
AED 2,550,000 on 21 August 2023: AED 1,758 per sqft for 1,450 sqft. The unit has 2 registered sales; the first was AED 1,489,498 in October 2011.
What is the rent for unit 2002?
AED 145,000 a year on the contract signed on 21 May 2023. The previous contract, from May 2023, was AED 145,000; the unit has been rented since May 2013.
How big is unit 2002?
1,450 sqft (134.7 sqm): a two-bedroom apartment on the 20th floor of a 33-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 5
Starts from the last sale price (AED 2.55M, 21 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,550,000
- Deposit, UAE resident (20%)
- AED 510,000
- Deposit, non-resident (40%)
- AED 1,020,000
- Monthly over 25 years at 3.7%
- AED 10,433
Plus AED 112,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →