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1-bed · 985 sqftSouth Ridge Towers 3, Downtown Dubai · 15th floor · completed 2008

1504, South Ridge Towers 3

Sold prices and rental history: sold 3 times, last in October 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 11 October 2022
Last soldAED 1.38M11 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1504, South Ridge Towers 3

What is 1504 worth today?

Last sold for AED 1,380,000 in 2022

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11 Oct 2022SoldReady
AED 1,380,000AED 1,401 per sqft
21 Apr 2014SoldReady
AED 1,950,000AED 1,979 per sqft
1 Jul 2010Sold by developerReady
AED 1,950,000AED 1,979 per sqft

Source: Dubai Land Department. Updated 11 October 2022.

Key facts

Type
1-bed apartment
Size
985 sqft
Floor
15th of 25
Parking
B2-149
Developer
Emaar
Completed
2008
Service charge
AED 18,900 /yr
Last sold
AED 1.38M · October 2022
Building
South Ridge Towers 3

About 1504, South Ridge Towers 3

1504 is a one-bedroom apartment of 985 sqft on the 15th floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 11 October 2022 for AED 1,380,000, or AED 1,401 per sqft, 4% above the AED 1,353 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1504 over time

Sales
Unit 1504, 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, July 2010: AED 1,950,000 (AED 1,979 per sqft)Sold, April 2014: AED 1,950,000 (AED 1,979 per sqft)Sold, October 2022: AED 1,380,000 (AED 1,401 per sqft)

1504 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1504, 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 1504 sits

All 67 1-beds →

1504 last sold in October 2022 at AED 1,401 per sqft, 4% above what one-beds in South Ridge Towers 3 were fetching at the time (AED 1,353). 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 15th floor

All 117 units in South Ridge Towers 3
Value
15012-bedAED 1.65M · Oct 2020
15022-bedAED 2.03M · Feb 2021
15031-bedAED 937K · Aug 2010
15051-bedAED 1.8M · Jun 2024

1504, South Ridge Towers 3 in numbers

  • Sold 3 times: first on 1 July 2010 for AED 1,950,000, last on 11 October 2022 for AED 1,380,000 (AED 1,401 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 11 October 2022.

Questions about 1504, South Ridge Towers 3

What did unit 1504 last sell for?

AED 1,380,000 on 11 October 2022: AED 1,401 per sqft for 985 sqft. The unit has 3 registered sales; the first was AED 1,950,000 in July 2010.

How big is unit 1504?

985 sqft (91.5 sqm): a one-bedroom apartment on the 15th floor of a 25-storey tower completed in 2008.

What is unit 1504 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 1504, South Ridge Towers 3

Starts from the last sale price (AED 1.38M, 11 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,380,000
Deposit, UAE resident (20%)
AED 276,000
Deposit, non-resident (40%)
AED 552,000
Monthly over 25 years at 3.7%
AED 5,646

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