1503, South Ridge Towers 3
Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, South Ridge Towers 3
What is 1503 worth today?
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Source: Dubai Land Department. Updated 18 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,025 sqft
- Floor
- 15th of 25
- Parking
- B2-188
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 19,700 /yr
- Last sold
- AED 937K · August 2010
- Building
- South Ridge Towers 3
About 1503, South Ridge Towers 3
1503 is a one-bedroom apartment of 1,025 sqft on the 15th 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 936,888, or AED 913 per sqft, 9% above the AED 839 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, renewed on 18 April 2026, is AED 118,000 a year: a gross yield of 12.6% on the 2010 price, before the service charge of about AED 19,700 a year.
Sales and rents for 1503 over time
1503 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 1503 sits
All 67 1-beds →1503 last sold in August 2010 at AED 913 per sqft, 9% 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. 1503's AED 118,000 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 15th floor
All 117 units in South Ridge Towers 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,663 sqft | AED 1.65MAED 1,650,000 · Oct 2020October 2020 | 165,000 /yr | |
| 1502 | 2-bed | 1,560 sqft | AED 2.03MAED 2,025,000 · Feb 2021February 2021 | 240,000 /yr | |
| 1504 | 1-bed | 985 sqft | AED 1.38MAED 1,380,000 · Oct 2022October 2022 | ||
| 1505 | 1-bed | 974 sqft | AED 1.8MAED 1,800,000 · Jun 2024June 2024 | 110,000 /yr |
1503, South Ridge Towers 3 in numbers
- Sold once: by Emaar on 30 August 2010 for AED 936,888, or AED 913 per sqft.
- Rented since May 2017 on 11 Ejari contracts, from AED 85,000 to AED 118,000 a year.
- At AED 118,000 a year the gross yield on the 2010 price is 12.6%, 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 April 2026.
Questions about 1503, South Ridge Towers 3
What did unit 1503 last sell for?
AED 936,888 on 30 August 2010, sold by the developer: AED 913 per sqft for 1,025 sqft. It is the only registered sale of the unit.
What is the rent for unit 1503?
AED 118,000 a year on the contract renewed on 18 April 2026. The previous contract, from April 2026, was AED 100,000; the unit has been rented since May 2017.
How big is unit 1503?
1,025 sqft (95.2 sqm): a one-bedroom apartment on the 15th floor of a 25-storey tower completed in 2008.
What is unit 1503 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 1503, South Ridge Towers 3
Starts from the last sale price (AED 937K, 30 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 936,888
- Deposit, UAE resident (20%)
- AED 187,378
- Deposit, non-resident (40%)
- AED 374,755
- Monthly over 25 years at 3.7%
- AED 3,833
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →