1605, South Ridge Towers 3
Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1605, South Ridge Towers 3
What is 1605 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 14 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 974 sqft
- Floor
- 16th of 25
- Parking
- B2-143
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 18,700 /yr
- Last sold
- AED 1.45M · May 2023
- Building
- South Ridge Towers 3
About 1605, South Ridge Towers 3
1605 is a one-bedroom apartment of 974 sqft on the 16th floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 12 May 2023 for AED 1,450,000, or AED 1,488 per sqft, 8% above the AED 1,378 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 14 August 2024, is AED 72,000 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 18,700 a year.
Sales and rents for 1605 over time
1605 has sold 3 times; 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 1605 sits
All 67 1-beds →1605 last sold in May 2023 at AED 1,488 per sqft, 8% above what one-beds in South Ridge Towers 3 were fetching at the time (AED 1,378). 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. 1605's AED 72,000 is at the bottom 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 16th floor
All 117 units in South Ridge Towers 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,663 sqft | AED 872KAED 871,944 · Mar 2013March 2013 | 160,000 /yr | |
| 1602 | 2-bed | 1,560 sqft | AED 3.64MAED 3,640,000 · Aug 2010August 2010 | 156,272 /yr | |
| 1603 | 1-bed | 1,025 sqft | AED 1.78MAED 1,775,000 · May 2015May 2015 | 90,000 /yr | |
| 1604 | 1-bed | 985 sqft | AED 1.8MAED 1,800,000 · Nov 2024November 2024 | 77,000 /yr |
1605, South Ridge Towers 3 in numbers
- Sold 3 times: first on 9 June 2010 for AED 907,888, last on 12 May 2023 for AED 1,450,000 (AED 1,488 per sqft).
- Rented since July 2013 on 10 Ejari contracts, from AED 90,000 to AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2023 price is 5.0%, before a service charge of about AED 18,700 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 14 August 2024.
Questions about 1605, South Ridge Towers 3
What did unit 1605 last sell for?
AED 1,450,000 on 12 May 2023: AED 1,488 per sqft for 974 sqft. The unit has 3 registered sales; the first was AED 907,888 in June 2010.
What is the rent for unit 1605?
AED 72,000 a year on the contract signed on 14 August 2024. The previous contract, from September 2022, was AED 80,000; the unit has been rented since July 2013.
How big is unit 1605?
974 sqft (90.5 sqm): a one-bedroom apartment on the 16th floor of a 25-storey tower completed in 2008.
What is unit 1605 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.
Selling 1605? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1605, South Ridge Towers 3
Starts from the last sale price (AED 1.45M, 12 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →