1903, South Ridge Towers 1
Sold prices and rental history: sold once, by the developer in October 2011, 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 1903, South Ridge Towers 1
What is 1903 worth today?
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Source: Dubai Land Department. Updated 27 September 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,040 sqft
- Floor
- 19th of 39
- Parking
- B2-015
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 19,900 /yr
- Last sold
- AED 954K · October 2011
- Building
- South Ridge Towers 1
About 1903, South Ridge Towers 1
1903 is a two-bedroom apartment of 1,040 sqft on the 19th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 17 October 2011 for AED 954,444, or AED 583 per sqft, 53% below the AED 1,252 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 27 September 2020, is AED 135,000 a year: a gross yield of 14.1% on the 2011 price, before the service charge of about AED 19,900 a year.
Sales and rents for 1903 over time
1903 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in South Ridge Towers 1, and where 1903 sits
All 76 2-beds →1903 last sold in October 2011 at AED 583 per sqft, 53% below what two-beds in South Ridge Towers 1 were fetching at the time (AED 1,252). Over the last 12 months two-beds sold for AED 2,500,000 to 4,150,000, around AED 2,114 per sqft, and rent for AED 133,000 to 350,000 a year. 1903's AED 135,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jul 202622 July 2026 | 1,491 sqft | 3,025,000 | 2,028 | ||
| 24 Apr 202624 April 2026 | 1,635 sqft | 4,150,000 | 2,538 | ||
| 15 Apr 202615 April 2026 | 1,491 sqft | 3,250,000 | 2,179 | ||
| 11 Mar 202611 March 2026 | 1,488 sqft | 3,050,000 | 2,049 |
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 19th floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1901 | 2-bed | 1,491 sqft | AED 1.47MAED 1,469,099 · Dec 2020December 2020 | 60,000 /yr | |
| 1902 | 3-bed | 2,102 sqft | AED 3MAED 3,000,000 · Oct 2021October 2021 | 350,000 /yr | |
| 1904 | 1-bed | 915 sqft | AED 1.6MAED 1,600,000 · Oct 2023October 2023 | 81,075 /yr | |
| 1905 | 1-bed | 1,060 sqft | AED 1.28MAED 1,280,000 · Nov 2012November 2012 | 50,000 /yr |
1903, South Ridge Towers 1 in numbers
- Sold once: by Emaar on 17 October 2011 for AED 954,444, or AED 583 per sqft.
- Rented since October 2013 on 6 Ejari contracts, from AED 141,750 to AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2011 price is 14.1%, before a service charge of about AED 19,900 a year (AED 19.17 per sqft).
- Two-beds in South Ridge Towers 1 sold for AED 2,500,000–4,150,000 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 27 September 2020.
Questions about 1903, South Ridge Towers 1
What did unit 1903 last sell for?
AED 954,444 on 17 October 2011, sold by the developer: AED 583 per sqft for 1,040 sqft. It is the only registered sale of the unit.
What is the rent for unit 1903?
AED 135,000 a year on the contract renewed on 27 September 2020. The previous contract, from September 2019, was AED 135,000; the unit has been rented since October 2013.
How big is unit 1903?
1,040 sqft (96.6 sqm): a two-bedroom apartment on the 19th floor of a 39-storey tower completed in 2008.
What is unit 1903 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in South Ridge Towers 1 sold for AED 2,500,000 to 4,150,000 in the last 12 months, around AED 2,114 per sqft.
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Mortgage on 1903, South Ridge Towers 1
Starts from the last sale price (AED 954K, 17 October 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 954,444
- Deposit, UAE resident (20%)
- AED 190,889
- Deposit, non-resident (40%)
- AED 381,778
- Monthly over 25 years at 3.7%
- AED 3,905
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →