503, South Ridge Towers 1
Sold prices and rental history: sold twice, last in June 2016, 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 503, South Ridge Towers 1
What is 503 worth today?
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Source: Dubai Land Department. Updated 12 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,635 sqft
- Floor
- 5th of 39
- Parking
- G-047
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 31,300 /yr
- Last sold
- AED 3M · June 2016
- Building
- South Ridge Towers 1
About 503, South Ridge Towers 1
503 is a two-bedroom apartment of 1,635 sqft on the 5th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 27 June 2016 for AED 3,000,000, or AED 1,834 per sqft, 3% above the AED 1,777 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 12 August 2026, is AED 140,000 a year: a gross yield of 4.7% on the 2016 price, before the service charge of about AED 31,300 a year.
Sales and rents for 503 over time
503 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 503 sits
All 76 2-beds →503 last sold in June 2016 at AED 1,834 per sqft, 3% above what two-beds in South Ridge Towers 1 were fetching at the time (AED 1,777). 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. 503's AED 140,000 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 5th floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,491 sqft | AED 2.6MAED 2,600,000 · Oct 2024October 2024 | 124,334 /yr | |
| 502 | 3-bed | 2,102 sqft | AED 2.95MAED 2,950,000 · Aug 2012August 2012 | 110,000 /yr | |
| 504 | 1-bed | 915 sqft | AED 1.45MAED 1,450,000 · Jul 2022July 2022 | 100,000 /yr | |
| 505 | 1-bed | 1,060 sqft | AED 817KAED 816,888 · Feb 2010February 2010 | 101,871 /yr |
503, South Ridge Towers 1 in numbers
- Sold twice: first on 30 June 2010 for AED 2,662,888, last on 27 June 2016 for AED 3,000,000 (AED 1,834 per sqft).
- Rented since August 2013 on 12 Ejari contracts, from AED 125,000 to AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2016 price is 4.7%, 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 12 August 2026.
Questions about 503, South Ridge Towers 1
What did unit 503 last sell for?
AED 3,000,000 on 27 June 2016: AED 1,834 per sqft for 1,635 sqft. The unit has 2 registered sales; the first was AED 2,662,888 in June 2010.
What is the rent for unit 503?
AED 140,000 a year on the contract signed on 12 August 2026. The previous contract, from September 2025, was AED 168,000; the unit has been rented since August 2013.
How big is unit 503?
1,635 sqft (151.9 sqm): a two-bedroom apartment on the 5th floor of a 39-storey tower completed in 2008.
What is unit 503 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 503, South Ridge Towers 1
Starts from the last sale price (AED 3M, 27 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →