1-bed · 1,089 sqftSouth Ridge Towers 2, Downtown Dubai · 11th floor · completed 2008

1105, South Ridge Towers 2

Sold prices and rental history: sold 3 times, last in May 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1105 · DLD and Ejari recordsUpdated 1 November 2022
Last soldAED 600K8 May 2012
Current rentAED 92K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1105, South Ridge Towers 2

What is 1105 worth today?

Last sold for AED 600,000 in 2012

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1 Nov 2022RentedRenewal
AED 92,000/yr12 months · AED 85 per sqft
1 Nov 2021RentedNew contract
AED 87,000/yr12 months · AED 80 per sqft
18 Oct 2020RentedNew contract
AED 80,000/yr12 months · AED 74 per sqft
15 Oct 2018RentedNew contract
AED 100,000/yr12 months · AED 92 per sqft
21 Jun 2014RentedNew contract
AED 125,000/yr12 months · AED 115 per sqft
8 May 2012SoldReady
AED 600,000AED 550 per sqft
16 Jan 2011Sold by developerReady
AED 923,412AED 847 per sqft
16 Jan 2011SoldReady
AED 960,000AED 881 per sqft

Source: Dubai Land Department. Updated 1 November 2022.

Key facts

Type
1-bed apartment
Size
1,089 sqft
Floor
11th of 33
Parking
B2-162
Developer
Emaar
Completed
2008
Service charge
AED 20,900 /yr
Last sold
AED 600K · May 2012

About 1105, South Ridge Towers 2

1105 is a one-bedroom apartment of 1,089 sqft on the 11th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 8 May 2012 for AED 600,000, or AED 550 per sqft, 38% below the AED 885 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 92,000 a year: a gross yield of 15.3% on the 2012 price, before the service charge of about AED 20,900 a year.

Sales and rents for 1105 over time

Sales
Unit 1105, each saleTypical one-bed in South Ridge Towers 2
1M2M2009201420192024Typical sale price by year: 2009 AED 963,552; 2010 AED 857,888; 2011 AED 778,060; 2012 AED 1,102,500; 2013 AED 1,390,000; 2014 AED 1,935,000; 2015 AED 1,900,000; 2016 AED 1,612,500; 2017 AED 1,630,000; 2018 AED 1,510,000; 2019 AED 935,000; 2020 AED 1,100,000; 2021 AED 1,200,000; 2022 AED 1,410,000; 2023 AED 1,480,000; 2024 AED 1,650,000; 2025 AED 2,080,000; 2026 AED 1,750,000Sold by developer, January 2011: AED 923,412 (AED 847 per sqft)Sold, January 2011: AED 960,000 (AED 881 per sqft)Sold, May 2012: AED 600,000 (AED 550 per sqft)

1105 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1105, each contractTypical one-bed in South Ridge Towers 2
75K100K125K2012201620202024Typical rent by year: 2012 AED 77,500; 2013 AED 90,000; 2014 AED 107,000; 2015 AED 115,000; 2016 AED 115,000; 2017 AED 107,000; 2018 AED 97,500; 2019 AED 90,000; 2020 AED 80,000; 2021 AED 75,000; 2022 AED 82,975; 2023 AED 91,375; 2024 AED 101,750; 2025 AED 112,625; 2026 AED 115,000New contract, June 2014: AED 125,000 a yearNew contract, October 2018: AED 100,000 a yearNew contract, October 2020: AED 80,000 a yearNew contract, November 2021: AED 87,000 a yearRenewal, November 2022: AED 92,000 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 2, and where 1105 sits

All 95 1-beds →

1105 last sold in May 2012 at AED 550 per sqft, 38% below what one-beds in South Ridge Towers 2 were fetching at the time (AED 885). Over the last 12 months one-beds sold for AED 1,700,000 to 2,000,000, around AED 1,816 per sqft, and rent for AED 85,000 to 290,000 a year. 1105's AED 92,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 20261,700,000
1 Oct 20262,000,000
5 Aug 202626,811
13 Jul 20261,700,000
6 1-bed sales in the last 12 months

South Ridge Towers 2

Building

158 apartments, 1-bed to 3-bed over 33 floors in Downtown Dubai, completed in 2008 by Emaar. 10 sold in the last 12 months.

Typical price per sqft
AED 1,989 Down 2.2%
Typical sale
AED 2.74M
Typical rent
AED 128K /yr
Typical yield
5.4%
South Ridge Towers 2, Downtown Dubai: prices, sales and rents →

Other units on the 11th floor

All 158 units in South Ridge Towers 2
Value
11012-bedAED 1.66M · Jul 2009
11022-bedAED 3.3M · Nov 2014
11031-bedAED 1.2M · Jul 2012
11041-bedAED 1.7M · Jul 2026

1105, South Ridge Towers 2 in numbers

  • Sold 3 times: first on 16 January 2011 for AED 960,000, last on 8 May 2012 for AED 600,000 (AED 550 per sqft).
  • Rented since June 2014 on 5 Ejari contracts. The rent fell from AED 125,000 to AED 80,000 in 2020 and recovered to AED 92,000 by November 2022.
  • At AED 92,000 a year the gross yield on the 2012 price is 15.3%, before a service charge of about AED 20,900 a year (AED 19.17 per sqft).
  • One-beds in South Ridge Towers 2 sold for AED 1,700,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,989 per sqft.

Source: Dubai Land Department. Updated 1 November 2022.

Questions about 1105, South Ridge Towers 2

What did unit 1105 last sell for?

AED 600,000 on 8 May 2012: AED 550 per sqft for 1,089 sqft. The unit has 3 registered sales; the first was AED 960,000 in January 2011.

What is the rent for unit 1105?

AED 92,000 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 87,000; the unit has been rented since June 2014.

How big is unit 1105?

1,089 sqft (101.2 sqm): a one-bedroom apartment on the 11th floor of a 33-storey tower completed in 2008.

What is unit 1105 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 2 sold for AED 1,700,000 to 2,000,000 in the last 12 months, around AED 1,816 per sqft.

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Mortgage on 1105, South Ridge Towers 2

Starts from the last sale price (AED 600K, 8 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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