705, South Ridge Towers 1
Sold prices and rental history: sold twice, last in July 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 705, South Ridge Towers 1
What is 705 worth today?
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Source: Dubai Land Department. Updated 15 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,060 sqft
- Floor
- 7th of 39
- Parking
- B2-069
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 20,300 /yr
- Last sold
- AED 1.57M · July 2013
- Building
- South Ridge Towers 1
About 705, South Ridge Towers 1
705 is a one-bedroom apartment of 1,060 sqft on the 7th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 4 July 2013 for AED 1,570,000, or AED 1,481 per sqft, 21% above the AED 1,226 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 15 March 2026, is AED 103,950 a year: a gross yield of 6.6% on the 2013 price, before the service charge of about AED 20,300 a year.
Sales and rents for 705 over time
705 has sold twice; 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 705 sits
All 73 1-beds →705 last sold in July 2013 at AED 1,481 per sqft, 21% above what one-beds in South Ridge Towers 1 were fetching at the time (AED 1,226). 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. 705's AED 103,950 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 7th floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,491 sqft | AED 3.8MAED 3,800,000 · Nov 2025November 2025 | 150,000 /yr | |
| 702 | 3-bed | 2,102 sqft | AED 4.95MAED 4,950,000 · Sep 2025September 2025 | ||
| 703 | 2-bed | 1,635 sqft | AED 2.75MAED 2,750,000 · Nov 2022November 2022 | 175,000 /yr | |
| 704 | 1-bed | 915 sqft | AED 404KAED 403,944 · Dec 2009December 2009 | 120,000 /yr |
705, South Ridge Towers 1 in numbers
- Sold twice: first on 2 May 2012 for AED 1,090,888, last on 4 July 2013 for AED 1,570,000 (AED 1,481 per sqft).
- Rented since July 2013 on 11 Ejari contracts. The rent fell from AED 84,455 to AED 72,000 in 2021 and recovered to AED 103,950 by March 2026.
- At AED 103,950 a year the gross yield on the 2013 price is 6.6%, 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 15 March 2026.
Questions about 705, South Ridge Towers 1
What did unit 705 last sell for?
AED 1,570,000 on 4 July 2013: AED 1,481 per sqft for 1,060 sqft. The unit has 2 registered sales; the first was AED 1,090,888 in May 2012.
What is the rent for unit 705?
AED 103,950 a year on the contract renewed on 15 March 2026. The previous contract, from March 2025, was AED 99,000; the unit has been rented since July 2013.
How big is unit 705?
1,060 sqft (98.5 sqm): a one-bedroom apartment on the 7th floor of a 39-storey tower completed in 2008.
What is unit 705 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 705, South Ridge Towers 1
Starts from the last sale price (AED 1.57M, 4 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,570,000
- Deposit, UAE resident (20%)
- AED 314,000
- Deposit, non-resident (40%)
- AED 628,000
- Monthly over 25 years at 3.7%
- AED 6,423
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →