1-bed · 974 sqftSouth Ridge Towers 3, Downtown Dubai · 19th floor · completed 2008

1905, South Ridge Towers 3

Sold prices and rental history: sold twice, last in June 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1905 · DLD and Ejari recordsUpdated 30 June 2015
Last soldAED 1.68M30 June 2015
Current rentAED 115K /yr28 September 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1905, South Ridge Towers 3

What is 1905 worth today?

Last sold for AED 1,680,000 in 2015

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30 Jun 2015SoldReady
AED 1,680,000AED 1,724 per sqft
28 Sep 2014RentedNew contract
AED 115,000/yr12 months · AED 119 per sqft
10 Jun 2013RentedNew contract
AED 90,000/yr12 months · AED 93 per sqft
26 Oct 2010Sold by developerReady
AED 2,145,000AED 2,202 per sqft

Source: Dubai Land Department. Updated 30 June 2015.

Key facts

Type
1-bed apartment
Size
974 sqft
Floor
19th of 25
Parking
B2-136
Developer
Emaar
Completed
2008
Service charge
AED 18,700 /yr
Last sold
AED 1.68M · June 2015

About 1905, South Ridge Towers 3

1905 is a one-bedroom apartment of 974 sqft on the 19th floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 30 June 2015 for AED 1,680,000, or AED 1,724 per sqft, in line with the AED 1,731 one-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 28 September 2014, is AED 115,000 a year: a gross yield of 6.9% on the 2015 price, before the service charge of about AED 18,700 a year.

Sales and rents for 1905 over time

Sales
Unit 1905, 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, October 2010: AED 2,145,000 (AED 2,202 per sqft)Sold, June 2015: AED 1,680,000 (AED 1,724 per sqft)

1905 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1905, 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 115,000New contract, June 2013: AED 90,000 a yearNew contract, September 2014: AED 115,000 a year

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 1905 sits

All 67 1-beds →

1905 last sold in June 2015 at AED 1,724 per sqft, in line with what one-beds in South Ridge Towers 3 were fetching at the time (AED 1,731). 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. 1905's AED 115,000 is in the lower half of that range.

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 19th floor

All 117 units in South Ridge Towers 3
Value
19012-bedAED 887K · Mar 2014
19022-bedAED 2.67M · Oct 2017
19031-bedAED 1.61M · Jun 2023
19041-bedAED 860K · Aug 2010

1905, South Ridge Towers 3 in numbers

  • Sold twice: first on 26 October 2010 for AED 2,145,000, last on 30 June 2015 for AED 1,680,000 (AED 1,724 per sqft).
  • Rented since June 2013 on 2 Ejari contracts, from AED 90,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2015 price is 6.9%, 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 30 June 2015.

Questions about 1905, South Ridge Towers 3

What did unit 1905 last sell for?

AED 1,680,000 on 30 June 2015: AED 1,724 per sqft for 974 sqft. The unit has 2 registered sales; the first was AED 2,145,000 in October 2010.

What is the rent for unit 1905?

AED 115,000 a year on the contract signed on 28 September 2014. The previous contract, from June 2013, was AED 90,000.

How big is unit 1905?

974 sqft (90.5 sqm): a one-bedroom apartment on the 19th floor of a 25-storey tower completed in 2008.

What is unit 1905 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 1905, South Ridge Towers 3

Starts from the last sale price (AED 1.68M, 30 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,680,000
Deposit, UAE resident (20%)
AED 336,000
Deposit, non-resident (40%)
AED 672,000
Monthly over 25 years at 3.7%
AED 6,873

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