1605, South Ridge Towers 1
Sold prices and rental history: sold twice, last in February 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1605, South Ridge Towers 1
What is 1605 worth today?
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Source: Dubai Land Department. Updated 28 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,060 sqft
- Floor
- 16th of 39
- Parking
- B2-033
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 20,300 /yr
- Last sold
- AED 1.85M · February 2025
- Building
- South Ridge Towers 1
About 1605, South Ridge Towers 1
1605 is a one-bedroom apartment of 1,060 sqft on the 16th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 28 February 2025 for AED 1,850,000, or AED 1,745 per sqft, in line with the AED 1,745 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 25 October 2024, is AED 85,031 a year: a gross yield of 4.6% on the 2025 price, before the service charge of about AED 20,300 a year.
Sales and rents for 1605 over time
1605 has sold twice; 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 1605 sits
All 73 1-beds →1605 last sold in February 2025 at AED 1,745 per sqft, in line with what one-beds in South Ridge Towers 1 were fetching at the time (AED 1,745). 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. 1605's AED 85,031 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 16th floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,491 sqft | AED 1.24MAED 1,236,642 · May 2009May 2009 | 127,000 /yr | |
| 1602 | 3-bed | 2,102 sqft | AED 5.9MAED 5,900,000 · Aug 2025August 2025 | 240,000 /yr | |
| 1603 | 2-bed | 1,635 sqft | AED 2.5MAED 2,500,000 · May 2021May 2021 | 115,000 /yr | |
| 1604 | 1-bed | 915 sqft | AED 1.35MAED 1,345,000 · Mar 2013March 2013 | 92,000 /yr |
1605, South Ridge Towers 1 in numbers
- Sold twice: first on 29 October 2015 for AED 871,888, last on 28 February 2025 for AED 1,850,000 (AED 1,745 per sqft).
- Rented since March 2014 on 8 Ejari contracts, from AED 94,492 to AED 85,031 a year.
- At AED 85,031 a year the gross yield on the 2025 price is 4.6%, 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 28 February 2025.
Questions about 1605, South Ridge Towers 1
What did unit 1605 last sell for?
AED 1,850,000 on 28 February 2025: AED 1,745 per sqft for 1,060 sqft. The unit has 2 registered sales; the first was AED 871,888 in October 2015.
What is the rent for unit 1605?
AED 85,031 a year on the contract signed on 25 October 2024. The previous contract, from October 2023, was AED 85,000; the unit has been rented since March 2014.
How big is unit 1605?
1,060 sqft (98.5 sqm): a one-bedroom apartment on the 16th floor of a 39-storey tower completed in 2008.
What is unit 1605 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 1605, South Ridge Towers 1
Starts from the last sale price (AED 1.85M, 28 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,850,000
- Deposit, UAE resident (20%)
- AED 370,000
- Deposit, non-resident (40%)
- AED 740,000
- Monthly over 25 years at 3.7%
- AED 7,569
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →