3305, South Ridge Towers 1
Sold prices and rental history: sold 3 times, last in March 2022, 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 3305, South Ridge Towers 1
What is 3305 worth today?
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Source: Dubai Land Department. Updated 16 March 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,060 sqft
- Floor
- 33rd of 39
- Parking
- B2-075
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 20,300 /yr
- Last sold
- AED 1.4M · March 2022
- Building
- South Ridge Towers 1
About 3305, South Ridge Towers 1
3305 is a one-bedroom apartment of 1,060 sqft on the 33rd floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 16 March 2022 for AED 1,400,000, or AED 1,320 per sqft, in line with the AED 1,311 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 15 June 2021, is AED 75,000 a year: a gross yield of 5.4% on the 2022 price, before the service charge of about AED 20,300 a year.
Sales and rents for 3305 over time
3305 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 3305 sits
All 73 1-beds →3305 last sold in March 2022 at AED 1,320 per sqft, in line with what one-beds in South Ridge Towers 1 were fetching at the time (AED 1,311). 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. 3305's AED 75,000 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 33rd floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3301 | 2-bed | 1,491 sqft | AED 1.49MAED 1,485,932 · Mar 2009March 2009 | 175,000 /yr | |
| 3302 | 3-bed | 2,102 sqft | AED 5.4MAED 5,400,000 · Jul 2015July 2015 | 330,000 /yr | |
| 3303 | 2-bed | 1,635 sqft | AED 3.4MAED 3,400,000 · Mar 2024March 2024 | 210,000 /yr | |
| 3304 | 1-bed | 915 sqft | AED 945KAED 945,492 · Jun 2009June 2009 | 90,000 /yr |
3305, South Ridge Towers 1 in numbers
- Sold 3 times: first on 11 April 2011 for AED 977,888, last on 16 March 2022 for AED 1,400,000 (AED 1,320 per sqft).
- Rented since June 2013 on 5 Ejari contracts, from AED 90,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2022 price is 5.4%, 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 16 March 2022.
Questions about 3305, South Ridge Towers 1
What did unit 3305 last sell for?
AED 1,400,000 on 16 March 2022: AED 1,320 per sqft for 1,060 sqft. The unit has 3 registered sales; the first was AED 977,888 in April 2011.
What is the rent for unit 3305?
AED 75,000 a year on the contract renewed on 15 June 2021. The previous contract, from June 2020, was AED 75,000; the unit has been rented since June 2013.
How big is unit 3305?
1,060 sqft (98.5 sqm): a one-bedroom apartment on the 33rd floor of a 39-storey tower completed in 2008.
What is unit 3305 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 3305, South Ridge Towers 1
Starts from the last sale price (AED 1.4M, 16 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →