1305, South Ridge Towers 1
Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1305, South Ridge Towers 1
What is 1305 worth today?
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Source: Dubai Land Department. Updated 1 July 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 530 sqft
- Floor
- 13th of 39
- Parking
- B2-035
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 10,200 /yr
- Last sold
- AED 876K · June 2010
- Building
- South Ridge Towers 1
About 1305, South Ridge Towers 1
1305 is a one-bedroom apartment of 530 sqft on the 13th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 30 June 2010 for AED 875,888, or AED 826 per sqft, in line with the AED 846 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 1 July 2023, is AED 90,000 a year: a gross yield of 10.3% on the 2010 price, before the service charge of about AED 10,200 a year.
Sales and rents for 1305 over time
1305 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 1305 sits
All 73 1-beds →1305 last sold in June 2010 at AED 826 per sqft, in line with what one-beds in South Ridge Towers 1 were fetching at the time (AED 846). 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. 1305's AED 90,000 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 13th floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 1,491 sqft | AED 1.43MAED 1,425,000 · Mar 2012March 2012 | 145,000 /yr | |
| 1302 | 3-bed | 2,102 sqft | AED 4.8MAED 4,800,000 · Nov 2024November 2024 | 300,000 /yr | |
| 1303 | 2-bed | 1,635 sqft | AED 2.3MAED 2,300,000 · Sep 2021September 2021 | 157,000 /yr | |
| 1304 | 1-bed | 915 sqft | AED 862KAED 861,888 · Sep 2011September 2011 | 110,000 /yr |
1305, South Ridge Towers 1 in numbers
- Sold once: by Emaar on 30 June 2010 for AED 875,888, or AED 826 per sqft.
- Rented since June 2016 on 5 Ejari contracts, from AED 115,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2010 price is 10.3%, before a service charge of about AED 10,200 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 1 July 2023.
Questions about 1305, South Ridge Towers 1
What did unit 1305 last sell for?
AED 875,888 on 30 June 2010, sold by the developer: AED 826 per sqft for 530 sqft. It is the only registered sale of the unit.
What is the rent for unit 1305?
AED 90,000 a year on the contract signed on 1 July 2023. The previous contract, from June 2019, was AED 85,000; the unit has been rented since June 2016.
How big is unit 1305?
530 sqft (49.2 sqm): a one-bedroom apartment on the 13th floor of a 39-storey tower completed in 2008.
What is unit 1305 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 1305, South Ridge Towers 1
Starts from the last sale price (AED 876K, 30 June 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 875,888
- Deposit, UAE resident (20%)
- AED 175,178
- Deposit, non-resident (40%)
- AED 350,355
- Monthly over 25 years at 3.7%
- AED 3,584
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →