3205, South Ridge Towers 1
Sold prices and rental history: sold 3 times, last in January 2013, 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 3205, South Ridge Towers 1
What is 3205 worth today?
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Source: Dubai Land Department. Updated 8 January 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,060 sqft
- Floor
- 32nd of 39
- Parking
- B2-077
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 20,300 /yr
- Last sold
- AED 1.43M · January 2013
- Building
- South Ridge Towers 1
About 3205, South Ridge Towers 1
3205 is a one-bedroom apartment of 1,060 sqft on the 32nd floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 23 January 2013 for AED 1,425,000, or AED 1,344 per sqft, 24% above the AED 1,084 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 8 January 2024, is AED 110,000 a year: a gross yield of 7.7% on the 2013 price, before the service charge of about AED 20,300 a year.
Sales and rents for 3205 over time
3205 has sold 3 times; 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 3205 sits
All 73 1-beds →3205 last sold in January 2013 at AED 1,344 per sqft, 24% above what one-beds in South Ridge Towers 1 were fetching at the time (AED 1,084). 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. 3205's AED 110,000 is in the upper 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 32nd floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3201 | 2-bed | 1,491 sqft | AED 1.48MAED 1,476,232 · Mar 2009March 2009 | 165,000 /yr | |
| 3202 | 3-bed | 2,102 sqft | AED 2.27MAED 2,268,373 · Dec 2009December 2009 | 220,000 /yr | |
| 3203 | 2-bed | 1,635 sqft | AED 2.93MAED 2,925,000 · Feb 2018February 2018 | 240,000 /yr | |
| 3204 | 1-bed | 915 sqft | AED 1.78MAED 1,775,000 · May 2025May 2025 | 120,000 /yr |
3205, South Ridge Towers 1 in numbers
- Sold 3 times: first on 7 May 2012 for AED 971,888, last on 23 January 2013 for AED 1,425,000 (AED 1,344 per sqft).
- Rented since October 2013 on 13 Ejari contracts. The rent fell from AED 110,000 to AED 68,000 in 2021 and recovered to AED 110,000 by January 2024.
- At AED 110,000 a year the gross yield on the 2013 price is 7.7%, 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 8 January 2024.
Questions about 3205, South Ridge Towers 1
What did unit 3205 last sell for?
AED 1,425,000 on 23 January 2013: AED 1,344 per sqft for 1,060 sqft. The unit has 3 registered sales; the first was AED 971,888 in May 2012.
What is the rent for unit 3205?
AED 110,000 a year on the contract renewed on 8 January 2024. The previous contract, from January 2023, was AED 110,000; the unit has been rented since October 2013.
How big is unit 3205?
1,060 sqft (98.5 sqm): a one-bedroom apartment on the 32nd floor of a 39-storey tower completed in 2008.
What is unit 3205 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 3205, South Ridge Towers 1
Starts from the last sale price (AED 1.43M, 23 January 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,425,000
- Deposit, UAE resident (20%)
- AED 285,000
- Deposit, non-resident (40%)
- AED 570,000
- Monthly over 25 years at 3.7%
- AED 5,830
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →