1-bed · 974 sqftSouth Ridge Towers 3, Downtown Dubai · 10th floor · completed 2008

1005, South Ridge Towers 3

Sold prices and rental history: sold once, by the developer in January 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 28 August 2026
Last soldAED 435K2 January 2011
Current rentAED 90K /yr28 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, South Ridge Towers 3

What is 1005 worth today?

Last sold for AED 435,444 in 2011

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28 Aug 2026RentedNew contract
AED 90,000/yr12 months · AED 92 per sqft
15 Aug 2025RentedRenewal
AED 99,750/yr12 months · AED 102 per sqft
15 Aug 2024RentedNew contract
AED 95,000/yr12 months · AED 98 per sqft
3 May 2023RentedRenewal
AED 78,650/yr12 months · AED 81 per sqft
3 May 2022RentedRenewal
AED 71,500/yr12 months · AED 73 per sqft
3 May 2021RentedRenewal
AED 65,000/yr12 months · AED 67 per sqft
3 May 2020RentedNew contract
AED 60,000/yr12 months · AED 62 per sqft
25 Feb 2019RentedRenewal
AED 95,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 28 August 2026.

Key facts

Type
1-bed apartment
Size
974 sqft
Floor
10th of 25
Parking
B1-037
Developer
Emaar
Completed
2008
Service charge
AED 18,700 /yr
Last sold
AED 435K · January 2011

About 1005, South Ridge Towers 3

1005 is a one-bedroom apartment of 974 sqft on the 10th floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 2 January 2011 for AED 435,444, or AED 447 per sqft, 48% below the AED 857 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, signed on 28 August 2026, is AED 90,000 a year: a gross yield of 20.7% on the 2011 price, before the service charge of about AED 18,700 a year.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical one-bed in South Ridge Towers 3
1M2M2009201420192024Typical sale price by year: 2009 AED 909,888; 2010 AED 852,388; 2011 AED 519,944; 2012 AED 954,944; 2013 AED 1,550,000; 2014 AED 1,944,000; 2015 AED 1,600,000; 2016 AED 1,565,000; 2017 AED 1,595,000; 2019 AED 1,100,000; 2021 AED 1,215,000; 2022 AED 1,340,000; 2023 AED 1,540,000; 2024 AED 1,785,000; 2025 AED 2,025,000; 2026 AED 1,875,000Sold by developer, January 2011: AED 435,444 (AED 447 per sqft)

1005 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1005, each contractTypical one-bed in South Ridge Towers 3
75K100K2013201720212025Typical rent by year: 2013 AED 90,000; 2014 AED 115,000; 2015 AED 115,000; 2016 AED 115,000; 2017 AED 107,000; 2018 AED 94,000; 2019 AED 85,000; 2020 AED 70,000; 2021 AED 72,520; 2022 AED 84,500; 2023 AED 100,000; 2024 AED 110,000; 2025 AED 115,000; 2026 AED 115,000New contract, June 2015: AED 110,000 a yearRenewal, June 2016: AED 110,000 a yearRenewal, June 2017: AED 104,571 a yearNew contract, February 2018: AED 100,000 a yearRenewal, February 2019: AED 95,000 a yearNew contract, May 2020: AED 60,000 a yearRenewal, May 2021: AED 65,000 a yearRenewal, May 2022: AED 71,500 a yearRenewal, May 2023: AED 78,650 a yearNew contract, August 2024: AED 95,000 a yearRenewal, August 2025: AED 99,750 a yearNew contract, August 2026: AED 90,000 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 3, and where 1005 sits

All 67 1-beds →

1005 last sold in January 2011 at AED 447 per sqft, 48% below what one-beds in South Ridge Towers 3 were fetching at the time (AED 857). Over the last 12 months one-beds sold for AED 1,750,000 to 2,000,000, around AED 1,902 per sqft, and rent for AED 90,000 to 180,000 a year. 1005's AED 90,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Aug 20261,950,000
16 Jun 20261,800,000
7 Jun 20261,750,000
11 Mar 20261,950,000
5 1-bed sales in the last 12 months

South Ridge Towers 3

Building

117 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%
South Ridge Towers 3, Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 117 units in South Ridge Towers 3
Value
10012-bedAED 3.1M · Nov 2013
10022-bedAED 3.2M · Jul 2024
10031-bedAED 2M · Oct 2025
10041-bedAED 1.13M · Apr 2019

1005, South Ridge Towers 3 in numbers

  • Sold once: by Emaar on 2 January 2011 for AED 435,444, or AED 447 per sqft.
  • Rented since June 2015 on 12 Ejari contracts. The rent fell from AED 110,000 to AED 60,000 in 2020 and recovered to AED 90,000 by August 2026.
  • At AED 90,000 a year the gross yield on the 2011 price is 20.7%, before a service charge of about AED 18,700 a year (AED 19.17 per sqft).
  • One-beds in South Ridge Towers 3 sold for AED 1,750,000–2,000,000 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 28 August 2026.

Questions about 1005, South Ridge Towers 3

What did unit 1005 last sell for?

AED 435,444 on 2 January 2011, sold by the developer: AED 447 per sqft for 974 sqft. It is the only registered sale of the unit.

What is the rent for unit 1005?

AED 90,000 a year on the contract signed on 28 August 2026. The previous contract, from August 2025, was AED 99,750; the unit has been rented since June 2015.

How big is unit 1005?

974 sqft (90.5 sqm): a one-bedroom apartment on the 10th floor of a 25-storey tower completed in 2008.

What is unit 1005 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 3 sold for AED 1,750,000 to 2,000,000 in the last 12 months, around AED 1,902 per sqft.

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Mortgage on 1005, South Ridge Towers 3

Starts from the last sale price (AED 435K, 2 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 435,444
Deposit, UAE resident (20%)
AED 87,089
Deposit, non-resident (40%)
AED 174,178
Monthly over 25 years at 3.7%
AED 1,782

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