1-bed · 1,060 sqftSouth Ridge Towers 1, Downtown Dubai · 6th floor · completed 2008

605, South Ridge Towers 1

Sold prices and rental history: sold once, by the developer in November 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 822K9 November 2009
Current rentAED 123K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, South Ridge Towers 1

What is 605 worth today?

Last sold for AED 821,888 in 2009

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1 Mar 2025RentedRenewal
AED 122,500/yr12 months · AED 116 per sqft
1 Mar 2025RentedRenewal
AED 122,500/yr12 months · AED 116 per sqft
1 Mar 2024RentedNew contract
AED 120,000/yr12 months · AED 113 per sqft
1 Aug 2022RentedNew contract
AED 81,000/yr12 months · AED 76 per sqft
1 Aug 2021RentedNew contract
AED 75,000/yr12 months · AED 71 per sqft
4 Jul 2020RentedNew contract
AED 81,000/yr12 months · AED 76 per sqft
4 Jul 2019RentedNew contract
AED 87,500/yr12 months · AED 83 per sqft
20 Aug 2018RentedRenewal
AED 110,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
1-bed apartment
Size
1,060 sqft
Floor
6th of 39
Parking
B2-093
Developer
Emaar
Completed
2008
Service charge
AED 20,300 /yr
Last sold
AED 822K · November 2009

About 605, South Ridge Towers 1

605 is a one-bedroom apartment of 1,060 sqft on the 6th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 9 November 2009 for AED 821,888, or AED 775 per sqft, 16% below the AED 926 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 122,500 a year: a gross yield of 14.9% on the 2009 price, before the service charge of about AED 20,300 a year.

Sales and rents for 605 over time

Sales
Unit 605, each saleTypical one-bed in South Ridge Towers 1
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 849,063; 2010 AED 889,388; 2011 AED 977,888; 2012 AED 1,125,000; 2013 AED 1,062,106; 2014 AED 1,825,000; 2015 AED 1,750,000; 2017 AED 1,550,000; 2018 AED 1,450,000; 2019 AED 1,104,419; 2020 AED 1,070,000; 2021 AED 1,162,500; 2022 AED 1,350,000; 2023 AED 1,550,000; 2024 AED 1,787,500; 2025 AED 1,900,000Sold by developer, November 2009: AED 821,888 (AED 775 per sqft)

605 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 605, each contractTypical one-bed in South Ridge Towers 1
100K150K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 89,250; 2014 AED 105,000; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 107,500; 2018 AED 95,000; 2019 AED 84,000; 2020 AED 72,000; 2021 AED 72,000; 2022 AED 80,500; 2023 AED 95,000; 2024 AED 109,992; 2025 AED 115,000; 2026 AED 103,950New contract, April 2014: AED 134,254 a yearNew contract, April 2015: AED 130,000 a yearRenewal, April 2016: AED 130,000 a yearRenewal, April 2017: AED 150,000 a yearNew contract, August 2017: AED 110,000 a yearRenewal, August 2018: AED 110,000 a yearNew contract, July 2019: AED 87,500 a yearNew contract, July 2020: AED 81,000 a yearNew contract, August 2021: AED 75,000 a yearNew contract, August 2022: AED 81,000 a yearNew contract, March 2024: AED 120,000 a yearRenewal, March 2025: AED 122,500 a yearRenewal, March 2025: AED 122,500 a year

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 605 sits

All 73 1-beds →

605 last sold in November 2009 at AED 775 per sqft, 16% below what one-beds in South Ridge Towers 1 were fetching at the time (AED 926). 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. 605's AED 122,500 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Jul 20261,770,000
25 Jun 20261,825,000
5 Nov 20251,825,000
16 Sep 20251,900,000
2 1-bed sales in the last 12 months

South Ridge Towers 1

Building

188 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%
South Ridge Towers 1, Downtown Dubai: prices, sales and rents →

Other units on the 6th floor

All 188 units in South Ridge Towers 1
Value
6012-bedAED 1.19M · Jun 2010
6023-bedAED 5.8M · Jan 2009
6032-bedAED 3.5M · Apr 2025
6041-bedAED 802K · Jan 2013

605, South Ridge Towers 1 in numbers

  • Sold once: by Emaar on 9 November 2009 for AED 821,888, or AED 775 per sqft.
  • Rented since April 2014 on 13 Ejari contracts. The rent fell from AED 134,254 to AED 75,000 in 2021 and recovered to AED 122,500 by March 2025.
  • At AED 122,500 a year the gross yield on the 2009 price is 14.9%, 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 1 March 2025.

Questions about 605, South Ridge Towers 1

What did unit 605 last sell for?

AED 821,888 on 9 November 2009, sold by the developer: AED 775 per sqft for 1,060 sqft. It is the only registered sale of the unit.

What is the rent for unit 605?

AED 122,500 a year on the contract renewed on 1 March 2025. The previous contract, from March 2025, was AED 122,500; the unit has been rented since April 2014.

How big is unit 605?

1,060 sqft (98.5 sqm): a one-bedroom apartment on the 6th floor of a 39-storey tower completed in 2008.

What is unit 605 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 605, South Ridge Towers 1

Starts from the last sale price (AED 822K, 9 November 2009). Switch to today's estimate once you have unlocked it.
Price
AED 821,888
Deposit, UAE resident (20%)
AED 164,378
Deposit, non-resident (40%)
AED 328,755
Monthly over 25 years at 3.7%
AED 3,363

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →