203, South Ridge Towers 3
Sold prices and rental history: sold twice, last in January 2013, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 203, South Ridge Towers 3
What is 203 worth today?
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Source: Dubai Land Department. Updated 9 May 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 962 sqft
- Floor
- 2nd of 25
- Parking
- B2-156
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 18,400 /yr
- Last sold
- AED 1.28M · January 2013
- Building
- South Ridge Towers 3
About 203, South Ridge Towers 3
203 is a one-bedroom apartment of 962 sqft on the 2nd floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 15 January 2013 for AED 1,280,000, or AED 1,330 per sqft, 54% above the AED 864 one-beds in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 9 May 2023, is AED 105,000 a year: a gross yield of 8.2% on the 2013 price, before the service charge of about AED 18,400 a year.
Sales and rents for 203 over time
203 has sold twice; 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 203 sits
All 67 1-beds →203 last sold in January 2013 at AED 1,330 per sqft, 54% above what one-beds in South Ridge Towers 3 were fetching at the time (AED 864). 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. 203's AED 105,000 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 2nd floor
All 117 units in South Ridge Towers 3203, South Ridge Towers 3 in numbers
- Sold twice: first on 3 November 2010 for AED 2,266,000, last on 15 January 2013 for AED 1,280,000 (AED 1,330 per sqft).
- Rented since February 2014 on 3 Ejari contracts, from AED 84,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2013 price is 8.2%, before a service charge of about AED 18,400 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 9 May 2023.
Questions about 203, South Ridge Towers 3
What did unit 203 last sell for?
AED 1,280,000 on 15 January 2013: AED 1,330 per sqft for 962 sqft. The unit has 2 registered sales; the first was AED 2,266,000 in November 2010.
What is the rent for unit 203?
AED 105,000 a year on the contract signed on 9 May 2023. The previous contract, from February 2015, was AED 92,400; the unit has been rented since February 2014.
How big is unit 203?
962 sqft (89.4 sqm): a one-bedroom apartment on the 2nd floor of a 25-storey tower completed in 2008.
What is unit 203 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 203, South Ridge Towers 3
Starts from the last sale price (AED 1.28M, 15 January 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,280,000
- Deposit, UAE resident (20%)
- AED 256,000
- Deposit, non-resident (40%)
- AED 512,000
- Monthly over 25 years at 3.7%
- AED 5,237
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →