3005, South Ridge Towers 2
Sold prices and rental history: sold 3 times, last in December 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3005, South Ridge Towers 2
What is 3005 worth today?
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Source: Dubai Land Department. Updated 9 December 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 1,089 sqft
- Floor
- 30th of 33
- Parking
- B2-110
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 20,900 /yr
- Last sold
- AED 1.5M · December 2021
- Building
- South Ridge Towers 2
About 3005, South Ridge Towers 2
3005 is a one-bedroom apartment of 1,089 sqft on the 30th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 9 December 2021 for AED 1,500,000, or AED 1,377 per sqft, 30% above the AED 1,062 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 5 October 2020, is AED 70,000 a year: a gross yield of 4.7% on the 2021 price, before the service charge of about AED 20,900 a year.
Sales and rents for 3005 over time
3005 has sold 3 times; 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 2, and where 3005 sits
All 95 1-beds →3005 last sold in December 2021 at AED 1,377 per sqft, 30% above what one-beds in South Ridge Towers 2 were fetching at the time (AED 1,062). 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. 3005's AED 70,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 936 sqft | 1,700,000 | 1,816 | ||
| 1 Oct 20261 October 2026 | 1,089 sqft | 2,000,000 | 1,836 | ||
| 5 Aug 20265 August 2026 | 875 sqft | 26,811 | 30 | ||
| 13 Jul 202613 July 2026 | 936 sqft | 1,700,000 | 1,816 |
South Ridge Towers 2
Building158 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%
Other units on the 30th floor
All 158 units in South Ridge Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3001 | 2-bed | 1,622 sqft | AED 3.75MAED 3,750,000 · Sep 2026September 2026 | 140,000 /yr | |
| 3002 | 2-bed | 1,679 sqft | AED 2.7MAED 2,700,000 · May 2022May 2022 | 125,000 /yr | |
| 3003 | 1-bed | 1,129 sqft | AED 1.5MAED 1,500,000 · Aug 2023August 2023 | 60,000 /yr | |
| 3004 | 1-bed | 936 sqft | AED 1MAED 1,000,000 · Dec 2020December 2020 | 50,000 /yr |
3005, South Ridge Towers 2 in numbers
- Sold 3 times: first on 3 February 2010 for AED 507,077, last on 9 December 2021 for AED 1,500,000 (AED 1,377 per sqft).
- Rented since June 2015 on 6 Ejari contracts, from AED 115,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2021 price is 4.7%, 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 9 December 2021.
Questions about 3005, South Ridge Towers 2
What did unit 3005 last sell for?
AED 1,500,000 on 9 December 2021: AED 1,377 per sqft for 1,089 sqft. The unit has 3 registered sales; the first was AED 507,077 in February 2010.
What is the rent for unit 3005?
AED 70,000 a year on the contract signed on 5 October 2020. The previous contract, from June 2019, was AED 95,000; the unit has been rented since June 2015.
How big is unit 3005?
1,089 sqft (101.2 sqm): a one-bedroom apartment on the 30th floor of a 33-storey tower completed in 2008.
What is unit 3005 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 3005, South Ridge Towers 2
Starts from the last sale price (AED 1.5M, 9 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →