1005, South Ridge Towers 1
Sold prices and rental history: sold once, by the developer in March 2009, 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 1005, South Ridge Towers 1
What is 1005 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 5 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,060 sqft
- Floor
- 10th of 39
- Parking
- B2-039
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 20,300 /yr
- Last sold
- AED 842K · March 2009
- Building
- South Ridge Towers 1
About 1005, South Ridge Towers 1
1005 is a one-bedroom apartment of 1,060 sqft on the 10th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 12 March 2009 for AED 841,888, or AED 794 per sqft, 19% below the AED 980 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, signed on 5 July 2026, is AED 95,000 a year: a gross yield of 11.3% on the 2009 price, before the service charge of about AED 20,300 a year.
Sales and rents for 1005 over time
1005 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in South Ridge Towers 1, and where 1005 sits
All 73 1-beds →1005 last sold in March 2009 at AED 794 per sqft, 19% below what one-beds in South Ridge Towers 1 were fetching at the time (AED 980). Over the last 12 months one-beds sold for AED 1,770,000 to 1,825,000, around AED 1,828 per sqft, and rent for AED 50,000 to 160,000 a year. 1005's AED 95,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jul 202627 July 2026 | 915 sqft | 1,770,000 | 1,934 | ||
| 25 Jun 202625 June 2026 | 1,060 sqft | 1,825,000 | 1,721 | ||
| 5 Nov 20255 November 2025 | 915 sqft | 1,825,000 | 1,994 | ||
| 16 Sep 202516 September 2025 | 959 sqft | 1,900,000 | 1,981 |
South Ridge Towers 1
Building188 apartments, 1-bed to 3-bed over 39 floors in Downtown Dubai, completed in 2008 by Emaar. 11 sold in the last 12 months.
- Typical price per sqft
- AED 2,049 Up 3.1%
- Typical sale
- AED 3.25M
- Typical rent
- AED 139K /yr
- Typical yield
- 5.3%
Other units on the 10th floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,491 sqft | AED 2.28MAED 2,275,000 · Jan 2023January 2023 | 140,000 /yr | |
| 1002 | 3-bed | 2,102 sqft | AED 2.1MAED 2,100,000 · Aug 2020August 2020 | 160,000 /yr | |
| 1003 | 2-bed | 1,635 sqft | AED 1.81MAED 1,807,888 · Aug 2010August 2010 | ||
| 1004 | 1-bed | 915 sqft | AED 1.43MAED 1,425,000 · Jan 2023January 2023 | 120,000 /yr |
1005, South Ridge Towers 1 in numbers
- Sold once: by Emaar on 12 March 2009 for AED 841,888, or AED 794 per sqft.
- Rented since June 2013 on 14 Ejari contracts. The rent fell from AED 80,000 to AED 60,000 in 2021 and recovered to AED 95,000 by July 2026.
- At AED 95,000 a year the gross yield on the 2009 price is 11.3%, before a service charge of about AED 20,300 a year (AED 19.17 per sqft).
- One-beds in South Ridge Towers 1 sold for AED 1,770,000–1,825,000 in the 12 months to November 2026; the building's median across all types is AED 2,049 per sqft.
Source: Dubai Land Department. Updated 5 July 2026.
Questions about 1005, South Ridge Towers 1
What did unit 1005 last sell for?
AED 841,888 on 12 March 2009, sold by the developer: AED 794 per sqft for 1,060 sqft. It is the only registered sale of the unit.
What is the rent for unit 1005?
AED 95,000 a year on the contract signed on 5 July 2026. The previous contract, from December 2023, was AED 85,000; the unit has been rented since June 2013.
How big is unit 1005?
1,060 sqft (98.5 sqm): a one-bedroom apartment on the 10th floor of a 39-storey tower completed in 2008.
What is unit 1005 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in South Ridge Towers 1 sold for AED 1,770,000 to 1,825,000 in the last 12 months, around AED 1,828 per sqft.
Selling 1005? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1005, South Ridge Towers 1
Starts from the last sale price (AED 842K, 12 March 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 841,888
- Deposit, UAE resident (20%)
- AED 168,378
- Deposit, non-resident (40%)
- AED 336,755
- Monthly over 25 years at 3.7%
- AED 3,444
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →