1-bed · 985 sqftSouth Ridge Towers 3, Downtown Dubai · 13th floor · completed 2008

1304, South Ridge Towers 3

Sold prices and rental history: sold once, by the developer in May 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1304 · DLD and Ejari recordsUpdated 3 May 2012
Last soldAED 415K3 May 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1304, South Ridge Towers 3

What is 1304 worth today?

Last sold for AED 414,944 in 2012

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3 May 2012Sold by developerReady
AED 414,944AED 421 per sqft

Source: Dubai Land Department. Updated 3 May 2012.

Key facts

Type
1-bed apartment
Size
985 sqft
Floor
13th of 25
Parking
B1-224
Developer
Emaar
Completed
2008
Service charge
AED 18,900 /yr
Last sold
AED 415K · May 2012

About 1304, South Ridge Towers 3

1304 is a one-bedroom apartment of 985 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 3 May 2012 for AED 414,944, or AED 421 per sqft, 53% below the AED 897 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1304 over time

Sales
Unit 1304, 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, May 2012: AED 414,944 (AED 421 per sqft)

1304 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1304, 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 115,000

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 1304 sits

All 67 1-beds →

1304 last sold in May 2012 at AED 421 per sqft, 53% below what one-beds in South Ridge Towers 3 were fetching at the time (AED 897). 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.

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 13th floor

All 117 units in South Ridge Towers 3
Value
13012-bedAED 3.6M · Oct 2024
13022-bedAED 3.1M · Jan 2024
13031-bedAED 1.3M · Aug 2010
13051-bedAED 1.1M · Mar 2019

1304, South Ridge Towers 3 in numbers

  • Sold once: by Emaar on 3 May 2012 for AED 414,944, or AED 421 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 3 May 2012.

Questions about 1304, South Ridge Towers 3

What did unit 1304 last sell for?

AED 414,944 on 3 May 2012, sold by the developer: AED 421 per sqft for 985 sqft. It is the only registered sale of the unit.

How big is unit 1304?

985 sqft (91.5 sqm): a one-bedroom apartment on the 13th floor of a 25-storey tower completed in 2008.

What is unit 1304 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 1304, South Ridge Towers 3

Starts from the last sale price (AED 415K, 3 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 414,944
Deposit, UAE resident (20%)
AED 82,989
Deposit, non-resident (40%)
AED 165,978
Monthly over 25 years at 3.7%
AED 1,698

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