3503, South Ridge Towers 1
Sold prices and rental history: sold twice, last in August 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3503, South Ridge Towers 1
What is 3503 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 September 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,635 sqft
- Floor
- 35th of 39
- Parking
- L1-046
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 31,300 /yr
- Last sold
- AED 2M · August 2020
- Building
- South Ridge Towers 1
About 3503, South Ridge Towers 1
3503 is a two-bedroom apartment of 1,635 sqft on the 35th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 6 August 2020 for AED 2,000,000, or AED 1,223 per sqft.
It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 1 September 2020, is AED 120,000 a year: a gross yield of 6.0% on the 2020 price, before the service charge of about AED 31,300 a year.
Sales and rents for 3503 over time
3503 has sold twice; 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 3503 sits
All 76 2-beds →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. 3503's AED 120,000 is at the bottom 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 35th floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3501 | 2-bed | 1,491 sqft | AED 1.74MAED 1,740,000 · Mar 2021March 2021 | 160,000 /yr | |
| 3502 | 3-bed | 2,102 sqft | AED 3.73MAED 3,725,000 · Nov 2012November 2012 | ||
| 3504 | 1-bed | 915 sqft | AED 980KAED 980,000 · Feb 2021February 2021 | 138,600 /yr | |
| 3505 | 1-bed | 1,060 sqft | AED 1.05MAED 1,050,888 · Feb 2011February 2011 | 117,000 /yr |
3503, South Ridge Towers 1 in numbers
- Sold twice: first on 30 June 2010 for AED 2,742,888, last on 6 August 2020 for AED 2,000,000 (AED 1,223 per sqft).
- Rented since November 2012 on 5 Ejari contracts, from AED 155,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2020 price is 6.0%, before a service charge of about AED 31,300 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 1 September 2020.
Questions about 3503, South Ridge Towers 1
What did unit 3503 last sell for?
AED 2,000,000 on 6 August 2020: AED 1,223 per sqft for 1,635 sqft. The unit has 2 registered sales; the first was AED 2,742,888 in June 2010.
What is the rent for unit 3503?
AED 120,000 a year on the contract signed on 1 September 2020. The previous contract, from March 2019, was AED 160,000; the unit has been rented since November 2012.
How big is unit 3503?
1,635 sqft (151.9 sqm): a two-bedroom apartment on the 35th floor of a 39-storey tower completed in 2008.
What is unit 3503 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.
Selling 3503? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 3503, South Ridge Towers 1
Starts from the last sale price (AED 2M, 6 August 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →