Unit 1002, South Residences: what it sold for and what it is worth now

Unit 1002 at South Residences is a 2 bed of 1,364 sq ft. It last sold for AED 1,500,000 on 12 Nov 2025. At AED 1,138 per sq ft, from 5 sales in the building in the last 12 months (2 bed), it is worth about AED 1,552,000 today.

Value todayAED 1,552,000AED 1,548,000 to AED 1,571,000
Last saleAED 1,500,00012 Nov 2025 · Resale
Change since last sale+3.5%Building trend alone: AED 1,484,216
Rent (median asking, 2 bed)AED 90,000Gross yield 5.8%
Bedrooms2 bed
Size1,364 sq ft
Floor10 (from the unit number)
Position in the towerStack 02: units ending 02 share the same layout and view
BuildingSouth Residences by Mostafa Bin Abdullatif (MBAL), handed over 2019
Registered sales of this unit1

Every registered sale of unit 1002

DatePriceSizeAED/sq ftType
12 Nov 2025AED 1,500,0001,364 sq ft1,100Resale

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
170223 Oct 2025AED 940,000911 sq ft1,032Resale
21029 Dec 2020AED 993,300820 sq ft1,211Resale
220219 Jan 2020AED 1,005,716820 sq ft1,226Resale

Latest 2 bed sales in South Residences

UnitDatePriceSizeAED/sq ftType
17054 Feb 2026AED 1,540,0001,320 sq ft1,167Resale
100724 Jun 2025AED 1,550,0001,346 sq ft1,152Resale
100117 Jun 2025AED 1,765,0001,551 sq ft1,138Resale
100514 Mar 2025AED 1,500,0001,322 sq ft1,135Resale
17054 Apr 2024AED 1,325,0001,320 sq ft1,004Resale
21059 Dec 2020AED 1,347,2041,108 sq ft1,216Resale

How we worked out the value

We took the 5 sales in South Residences in the last 12 months (2 bed), worked out the price per sq ft of each, and used the middle value (AED 1,138). We multiplied it by the size of this unit (1,364 sq ft). The range uses the middle half of those sales (AED 1,135 to AED 1,152 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,484,216. Floor, view, condition and upgrades can move the price either way. Sales data to 18 Feb 2026, from the Dubai Land Department register.

Questions

What is unit 1002 at South Residences worth?

About AED 1,552,000 (range AED 1,548,000 to AED 1,571,000), based on AED 1,138 per sq ft from registered sales up to 18 Feb 2026.

When did unit 1002 last sell?

12 Nov 2025, for AED 1,500,000 (resale). It has 1 registered sale.

What rent can unit 1002 make?

A 2 bed in South Residences rents for about AED 90,000 a year (median asking rent). That is a gross yield of 5.8% on the estimate.

Sales alert for South ResidencesAll sales in South Residences

Unit 1001 · Unit 1003