1-bed · 1,025 sqftSouth Ridge Towers 3, Downtown Dubai · 11th floor · completed 2008

1103, South Ridge Towers 3

Sold prices and rental history: sold 3 times, last in April 2016, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 18 June 2023
Last soldAED 1.58M12 April 2016
Current rentAED 110K /yr18 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1103, South Ridge Towers 3

What is 1103 worth today?

Last sold for AED 1,580,000 in 2016

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18 Jun 2023RentedNew contract
AED 110,000/yr12 months · AED 108 per sqft
12 Apr 2016SoldReady
AED 1,580,000AED 1,541 per sqft
1 Apr 2015RentedNew contract
AED 94,000/yr12 months · AED 92 per sqft
5 Sep 2011SoldReady
AED 920,000AED 897 per sqft
5 Sep 2010Sold by developerReady
AED 455,944AED 444 per sqft

Source: Dubai Land Department. Updated 18 June 2023.

Key facts

Type
1-bed apartment
Size
1,025 sqft
Floor
11th of 25
Parking
B2-141
Developer
Emaar
Completed
2008
Service charge
AED 19,700 /yr
Last sold
AED 1.58M · April 2016

About 1103, South Ridge Towers 3

1103 is a one-bedroom apartment of 1,025 sqft on the 11th floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 12 April 2016 for AED 1,580,000, or AED 1,541 per sqft, 5% below the AED 1,624 one-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 18 June 2023, is AED 110,000 a year: a gross yield of 7.0% on the 2016 price, before the service charge of about AED 19,700 a year.

Sales and rents for 1103 over time

Sales
Unit 1103, 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, September 2010: AED 455,944 (AED 444 per sqft)Sold, September 2011: AED 920,000 (AED 897 per sqft)Sold, April 2016: AED 1,580,000 (AED 1,541 per sqft)

1103 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1103, 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, April 2015: AED 94,000 a yearNew contract, June 2023: AED 110,000 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 1103 sits

All 67 1-beds →

1103 last sold in April 2016 at AED 1,541 per sqft, 5% below what one-beds in South Ridge Towers 3 were fetching at the time (AED 1,624). 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. 1103's AED 110,000 is in the lower half 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 11th floor

All 117 units in South Ridge Towers 3
Value
11012-bedAED 3.55M · Jun 2025
11022-bedAED 1.7M · Nov 2020
11041-bedAED 409K · Feb 2011
11051-bedAED 1.75M · Sep 2023

1103, South Ridge Towers 3 in numbers

  • Sold 3 times: first on 5 September 2010 for AED 455,944, last on 12 April 2016 for AED 1,580,000 (AED 1,541 per sqft).
  • Rented since April 2015 on 2 Ejari contracts, from AED 94,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2016 price is 7.0%, before a service charge of about AED 19,700 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 18 June 2023.

Questions about 1103, South Ridge Towers 3

What did unit 1103 last sell for?

AED 1,580,000 on 12 April 2016: AED 1,541 per sqft for 1,025 sqft. The unit has 3 registered sales; the first was AED 455,944 in September 2010.

What is the rent for unit 1103?

AED 110,000 a year on the contract signed on 18 June 2023. The previous contract, from April 2015, was AED 94,000.

How big is unit 1103?

1,025 sqft (95.2 sqm): a one-bedroom apartment on the 11th floor of a 25-storey tower completed in 2008.

What is unit 1103 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 1103, South Ridge Towers 3

Starts from the last sale price (AED 1.58M, 12 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,580,000
Deposit, UAE resident (20%)
AED 316,000
Deposit, non-resident (40%)
AED 632,000
Monthly over 25 years at 3.7%
AED 6,464

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