505, South Ridge Towers 2
Sold prices and rental history: sold twice, last in April 2025, and rented once, from February 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, South Ridge Towers 2
What is 505 worth today?
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Source: Dubai Land Department. Updated 7 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,089 sqft
- Floor
- 5th of 33
- Parking
- B2-158
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 20,900 /yr
- Last sold
- AED 2.25M · April 2025
- Building
- South Ridge Towers 2
About 505, South Ridge Towers 2
505 is a one-bedroom apartment of 1,089 sqft on the 5th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 7 April 2025 for AED 2,250,000, or AED 2,066 per sqft, 18% above the AED 1,745 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 4 February 2014. The current contract, signed on 4 February 2014, is AED 105,000 a year: a gross yield of 4.7% on the 2025 price, before the service charge of about AED 20,900 a year.
Sales and rents for 505 over time
505 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 2, and where 505 sits
All 95 1-beds →505 last sold in April 2025 at AED 2,066 per sqft, 18% above what one-beds in South Ridge Towers 2 were fetching at the time (AED 1,745). 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. 505's AED 105,000 is in the lower half 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 5th floor
All 158 units in South Ridge Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,622 sqft | AED 4.2MAED 4,200,000 · Dec 2014December 2014 | 120,000 /yr | |
| 502 | 2-bed | 839 sqft | AED 1.65MAED 1,648,888 · Sep 2011September 2011 | 120,000 /yr | |
| 503 | 1-bed | 1,129 sqft | AED 1.86MAED 1,860,000 · Jan 2025January 2025 | 112,000 /yr | |
| 504 | 1-bed | 936 sqft | AED 1.83MAED 1,825,000 · Jan 2014January 2014 | 95,000 /yr |
505, South Ridge Towers 2 in numbers
- Sold twice: first on 3 November 2015 for AED 2,200,000, last on 7 April 2025 for AED 2,250,000 (AED 2,066 per sqft).
- Rented since February 2014 on one Ejari contract, at AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2025 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 7 April 2025.
Questions about 505, South Ridge Towers 2
What did unit 505 last sell for?
AED 2,250,000 on 7 April 2025: AED 2,066 per sqft for 1,089 sqft. The unit has 2 registered sales; the first was AED 2,200,000 in November 2015.
What is the rent for unit 505?
AED 105,000 a year on the contract signed on 4 February 2014.
How big is unit 505?
1,089 sqft (101.2 sqm): a one-bedroom apartment on the 5th floor of a 33-storey tower completed in 2008.
What is unit 505 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 505, South Ridge Towers 2
Starts from the last sale price (AED 2.25M, 7 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,250,000
- Deposit, UAE resident (20%)
- AED 450,000
- Deposit, non-resident (40%)
- AED 900,000
- Monthly over 25 years at 3.7%
- AED 9,205
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →