1303, South Ridge Towers 3
Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1303, South Ridge Towers 3
What is 1303 worth today?
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Source: Dubai Land Department. Updated 19 December 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,025 sqft
- Floor
- 13th of 25
- Parking
- B2-137
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 19,700 /yr
- Last sold
- AED 1.3M · August 2010
- Building
- South Ridge Towers 3
About 1303, South Ridge Towers 3
1303 is a one-bedroom apartment of 1,025 sqft on the 13th floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 30 August 2010 for AED 1,300,000, or AED 1,268 per sqft, 51% above the AED 839 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 19 December 2022, is AED 95,000 a year: a gross yield of 7.3% on the 2010 price, before the service charge of about AED 19,700 a year.
Sales and rents for 1303 over time
1303 has sold once; 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 3, and where 1303 sits
All 67 1-beds →1303 last sold in August 2010 at AED 1,268 per sqft, 51% above what one-beds in South Ridge Towers 3 were fetching at the time (AED 839). 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. 1303's AED 95,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Aug 202627 August 2026 | 1,025 sqft | 1,950,000 | 1,902 | ||
| 16 Jun 202616 June 2026 | 974 sqft | 1,800,000 | 1,848 | ||
| 7 Jun 20267 June 2026 | 974 sqft | 1,750,000 | 1,796 | ||
| 11 Mar 202611 March 2026 | 974 sqft | 1,950,000 | 2,002 |
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 13th floor
All 117 units in South Ridge Towers 31303, South Ridge Towers 3 in numbers
- Sold once: by Emaar on 30 August 2010 for AED 1,300,000, or AED 1,268 per sqft.
- Rented since October 2019 on 4 Ejari contracts, from AED 81,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2010 price is 7.3%, 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 19 December 2022.
Questions about 1303, South Ridge Towers 3
What did unit 1303 last sell for?
AED 1,300,000 on 30 August 2010, sold by the developer: AED 1,268 per sqft for 1,025 sqft. It is the only registered sale of the unit.
What is the rent for unit 1303?
AED 95,000 a year on the contract renewed on 19 December 2022. The previous contract, from December 2021, was AED 86,000; the unit has been rented since October 2019.
How big is unit 1303?
1,025 sqft (95.2 sqm): a one-bedroom apartment on the 13th floor of a 25-storey tower completed in 2008.
What is unit 1303 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 1303, South Ridge Towers 3
Starts from the last sale price (AED 1.3M, 30 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →