1-bed · 1,078 sqftSouth Ridge Towers 1, Downtown Dubai · 1st floor · completed 2008

101, South Ridge Towers 1

Sold prices and rental history: sold once, by the developer in December 2012, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 101 · DLD and Ejari recordsUpdated 13 October 2024
Last soldAED 1.41M19 December 2012
Current rentAED 140K /yr13 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 101, South Ridge Towers 1

What is 101 worth today?

Last sold for AED 1,411,888 in 2012

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13 Oct 2024RentedRenewal
AED 140,000/yr12 months · AED 130 per sqft
13 Oct 2023RentedNew contract
AED 135,000/yr12 months · AED 125 per sqft
12 Oct 2021RentedNew contract
AED 45,000/yr36 months · AED 42 per sqft
19 Dec 2012Sold by developerReady
AED 1,411,888AED 1,309 per sqft

Source: Dubai Land Department. Updated 13 October 2024.

Key facts

Type
1-bed apartment
Size
1,078 sqft
Floor
1st of 39
Parking
L1-017
Developer
Emaar
Completed
2008
Service charge
AED 20,700 /yr
Last sold
AED 1.41M · December 2012

About 101, South Ridge Towers 1

101 is a one-bedroom apartment of 1,078 sqft on the 1st floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 19 December 2012 for AED 1,411,888, or AED 1,309 per sqft, 20% above the AED 1,092 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 13 October 2024, is AED 140,000 a year: a gross yield of 9.9% on the 2012 price, before the service charge of about AED 20,700 a year.

Sales and rents for 101 over time

Sales
Unit 101, each saleTypical one-bed in South Ridge Towers 1
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 849,063; 2010 AED 889,388; 2011 AED 977,888; 2012 AED 1,125,000; 2013 AED 1,062,106; 2014 AED 1,825,000; 2015 AED 1,750,000; 2017 AED 1,550,000; 2018 AED 1,450,000; 2019 AED 1,104,419; 2020 AED 1,070,000; 2021 AED 1,162,500; 2022 AED 1,350,000; 2023 AED 1,550,000; 2024 AED 1,787,500; 2025 AED 1,900,000Sold by developer, December 2012: AED 1,411,888 (AED 1,309 per sqft)

101 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 101, each contractTypical one-bed in South Ridge Towers 1
50K100K150K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 89,250; 2014 AED 105,000; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 107,500; 2018 AED 95,000; 2019 AED 84,000; 2020 AED 72,000; 2021 AED 72,000; 2022 AED 80,500; 2023 AED 95,000; 2024 AED 109,992; 2025 AED 115,000; 2026 AED 103,950New contract, October 2021: AED 45,000 a yearNew contract, October 2023: AED 135,000 a yearRenewal, October 2024: AED 140,000 a year

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 101 sits

All 73 1-beds →

101 last sold in December 2012 at AED 1,309 per sqft, 20% above what one-beds in South Ridge Towers 1 were fetching at the time (AED 1,092). 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. 101's AED 140,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Jul 20261,770,000
25 Jun 20261,825,000
5 Nov 20251,825,000
16 Sep 20251,900,000
2 1-bed sales in the last 12 months

South Ridge Towers 1

Building

188 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%
South Ridge Towers 1, Downtown Dubai: prices, sales and rents →

Other units on the 1st floor

All 188 units in South Ridge Towers 1
Value
1022-bedAED 1.8M · Dec 2020

101, South Ridge Towers 1 in numbers

  • Sold once: by Emaar on 19 December 2012 for AED 1,411,888, or AED 1,309 per sqft.
  • Rented since October 2021 on 3 Ejari contracts, from AED 45,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2012 price is 9.9%, before a service charge of about AED 20,700 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 13 October 2024.

Questions about 101, South Ridge Towers 1

What did unit 101 last sell for?

AED 1,411,888 on 19 December 2012, sold by the developer: AED 1,309 per sqft for 1,078 sqft. It is the only registered sale of the unit.

What is the rent for unit 101?

AED 140,000 a year on the contract renewed on 13 October 2024. The previous contract, from October 2023, was AED 135,000; the unit has been rented since October 2021.

How big is unit 101?

1,078 sqft (100.1 sqm): a one-bedroom apartment on the 1st floor of a 39-storey tower completed in 2008.

What is unit 101 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.

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Mortgage on 101, South Ridge Towers 1

Starts from the last sale price (AED 1.41M, 19 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,411,888
Deposit, UAE resident (20%)
AED 282,378
Deposit, non-resident (40%)
AED 564,755
Monthly over 25 years at 3.7%
AED 5,776

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →