1001, South Ridge Towers 3
Sold prices and rental history: sold twice, last in November 2013, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1001, South Ridge Towers 3
What is 1001 worth today?
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Source: Dubai Land Department. Updated 3 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,663 sqft
- Floor
- 10th of 25
- Parking
- B1-271
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 31,900 /yr
- Last sold
- AED 3.1M · November 2013
- Building
- South Ridge Towers 3
About 1001, South Ridge Towers 3
1001 is a two-bedroom apartment of 1,663 sqft on the 10th floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 5 November 2013 for AED 3,100,000, or AED 1,864 per sqft, 24% above the AED 1,503 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 3 August 2025, is AED 190,000 a year: a gross yield of 6.1% on the 2013 price, before the service charge of about AED 31,900 a year.
Sales and rents for 1001 over time
1001 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in South Ridge Towers 3, and where 1001 sits
All 47 2-beds →1001 last sold in November 2013 at AED 1,864 per sqft, 24% above what two-beds in South Ridge Towers 3 were fetching at the time (AED 1,503). Over the last 12 months two-beds sold for AED 3,000,000 to 3,400,000, around AED 1,924 per sqft, and rent for AED 150,000 to 240,000 a year. 1001's AED 190,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Sep 20261 September 2026 | 1,663 sqft | 3,400,000 | 2,044 | ||
| 11 May 202611 May 2026 | 1,663 sqft | 3,000,000 | 1,803 | ||
| 9 Sep 20259 September 2025 | 1,663 sqft | 3,580,000 | 2,152 | ||
| 26 Jun 202526 June 2025 | 1,560 sqft | 2,650,000 | 1,698 |
South Ridge Towers 3
Building117 apartments, studios to 3-bed over 25 floors in Downtown Dubai, completed in 2008 by Emaar. 7 sold in the last 12 months.
- Typical price per sqft
- AED 1,902
- Typical sale
- AED 1.95M
- Typical rent
- AED 120K /yr
- Typical yield
- 5.9%
Other units on the 10th floor
All 117 units in South Ridge Towers 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | 2-bed | 1,560 sqft | AED 3.2MAED 3,200,000 · Jul 2024July 2024 | 160,000 /yr | |
| 1003 | 1-bed | 1,025 sqft | AED 2MAED 1,995,000 · Oct 2025October 2025 | 132,600 /yr | |
| 1004 | 1-bed | 985 sqft | AED 1.13MAED 1,125,000 · Apr 2019April 2019 | 110,000 /yr | |
| 1005 | 1-bed | 974 sqft | AED 435KAED 435,444 · Jan 2011January 2011 | 90,000 /yr |
1001, South Ridge Towers 3 in numbers
- Sold twice: first on 24 July 2013 for AED 840,944, last on 5 November 2013 for AED 3,100,000 (AED 1,864 per sqft).
- Rented since December 2020 on 6 Ejari contracts, from AED 120,000 to AED 190,000 a year.
- At AED 190,000 a year the gross yield on the 2013 price is 6.1%, before a service charge of about AED 31,900 a year (AED 19.17 per sqft).
- Two-beds in South Ridge Towers 3 sold for AED 3,000,000–3,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,902 per sqft.
Source: Dubai Land Department. Updated 3 August 2025.
Questions about 1001, South Ridge Towers 3
What did unit 1001 last sell for?
AED 3,100,000 on 5 November 2013: AED 1,864 per sqft for 1,663 sqft. The unit has 2 registered sales; the first was AED 840,944 in July 2013.
What is the rent for unit 1001?
AED 190,000 a year on the contract renewed on 3 August 2025. The previous contract, from August 2024, was AED 190,000; the unit has been rented since December 2020.
How big is unit 1001?
1,663 sqft (154.5 sqm): a two-bedroom apartment on the 10th floor of a 25-storey tower completed in 2008.
What is unit 1001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in South Ridge Towers 3 sold for AED 3,000,000 to 3,400,000 in the last 12 months, around AED 1,924 per sqft.
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Mortgage on 1001, South Ridge Towers 3
Starts from the last sale price (AED 3.1M, 5 November 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 3,100,000
- Deposit, UAE resident (20%)
- AED 620,000
- Deposit, non-resident (40%)
- AED 1,240,000
- Monthly over 25 years at 3.7%
- AED 12,683
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →