PropertyIndex

South Ridge 2

164 units · 1 tower

South Ridge 2 is a development in Downtown Dubai, comprising 164 registered units. 320 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,056 per sqft. At AED 2,056 per sqft, South Ridge 2 prices 28% below the Downtown Dubai median of AED 2,843 per sqft on registered sales.

PIX© price · 20.6% YoY
2.62MAED
Typical
2,056AED
PSF
Gross yield
5.0%
PIX© rent ÷ PIX© price
Sale records
320
DLD · all time
Rent contracts
1,177
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor 33

3 Bed on Floor 33, South Ridge 2

Size
Record
Aug 2011 to Jul 2024
Owners
7
Tenants
5
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
7Owner 71 Jul 20242.2 yrs
Current owner
Sold with tenant in place
Mortgage
5Tenant 59 Jun 20215.2 yrs
Owner 6
6Owner 62 Oct 20194.7 yrs
Sold with tenant in place
4Tenant 41 Apr 20192.2 yrs
Owner 5
3Tenant 31 Oct 201811 mo
Ended early
Owner 5
2Tenant 220 Sep 201712 mo
Owner 5
1Tenant 11 Sep 201613 mo
Owner 5
5Owner 59 Oct 20145.0 yrs
4Owner 423 Oct 20122.0 yrs
Mortgage
3Owner 36 Sep 201114 mo
Mortgage
2Owner 214 Aug 201123 d
Owner 1 · UndisclosedAcquisition date and price not on record
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3 Bed · Floor 33 · South Ridge 2
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South Ridge 2

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
544 - 3,310 sqft
1642.62M2,05620.6%132K5.0%
Residential
1 Bed · Apartment
875 - 1,931 sqft
95
2 Bed · Apartment
1,464 - 3,013 sqft
61
3 Bed · Apartment
2,823 - 3,310 sqft
2-----
Commercial
Warehouse
544 - 1,611 sqft
6-----
Sales - Project-Wide320 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
7 Aug 20262 BedSouth Ridge 2 · Floor 31,6224,000,0002,466+26.6%StandardStandard Sale
13 Jul 20261 BedSouth Ridge 2 · Floor 119361,700,0001,816+4.3%StandardStandard Sale
17 Jun 20261 BedSouth Ridge 2 · Floor 141,0891,800,0001,653+2.9%StandardStandard Sale
Rentals - Project-Wide1,177 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
8 Oct 20261 BedSouth Ridge 2 · Floor 4936110,000118-Entry LevelCERTIFICATE
1 Oct 20261 BedSouth Ridge 2 · Floor 24936120,000128-Entry LevelCERTIFICATE
10 Sep 20261 BedSouth Ridge 2 · Floor 241,089135,000124-PremiumCERTIFICATE

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Downtown Dubai

The closest-priced registered projects in Downtown Dubai.

Common questions about South Ridge 2

Answered from Dubai Land Department registered transactions.

How much does a property in South Ridge 2 cost?

Property in South Ridge 2 sells at a current PIX© price of AED 2,056 per sqft, or about AED 2,615,025 for a typical unit, based on 320 sales registered with the Dubai Land Department.

What is the rental yield in South Ridge 2?

South Ridge 2 yields 5.0% gross, calculated from current PIX© rent against current PIX© sale price, across 1,177 registered Ejari contracts.

How many units are in South Ridge 2?

South Ridge 2 holds 164 registered units, per the Dubai Land Department unit register.

Have prices in South Ridge 2 gone up or down?

Price per sqft has risen +20.6% over the last 12 months, to AED 2,056, across 320 registered sales.