
303, South Ridge Towers 3
Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 303, South Ridge Towers 3
What is 303 worth today?
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Source: Dubai Land Department. Updated 21 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,025 sqft
- Floor
- 3rd of 25
- Parking
- B1-292
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 19,700 /yr
- Last sold
- AED 1.54M · December 2023
- Building
- South Ridge Towers 3
About 303, South Ridge Towers 3
303 is a one-bedroom apartment of 1,025 sqft on the 3rd floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 13 December 2023 for AED 1,540,000, or AED 1,502 per sqft, in line with the AED 1,502 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 21 April 2024, is AED 80,851 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 19,700 a year.
Sales and rents for 303 over time
303 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 303 sits
All 67 1-beds →303 last sold in December 2023 at AED 1,502 per sqft, in line with what one-beds in South Ridge Towers 3 were fetching at the time (AED 1,502). 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. 303's AED 80,851 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 3rd floor
All 117 units in South Ridge Towers 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,663 sqft | AED 3MAED 3,000,000 · Jan 2016January 2016 | 160,000 /yr | |
| 302 | 2-bed | 1,560 sqft | AED 2.65MAED 2,650,000 · Oct 2022October 2022 | 133,000 /yr | |
| 304 | 1-bed | 1,487 sqft | AED 1.25MAED 1,250,000 · May 2021May 2021 | 126,000 /yr | |
| 305 | 1-bed | 974 sqft | AED 1.44MAED 1,440,000 · Jul 2023July 2023 | 109,705 /yr |
303, South Ridge Towers 3 in numbers
- Sold twice: first on 9 November 2009 for AED 431,444, last on 13 December 2023 for AED 1,540,000 (AED 1,502 per sqft).
- Rented since April 2014 on 11 Ejari contracts. The rent fell from AED 105,000 to AED 70,000 in 2022 and recovered to AED 80,851 by April 2024.
- At AED 80,851 a year the gross yield on the 2023 price is 5.3%, 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 21 April 2024.
Questions about 303, South Ridge Towers 3
What did unit 303 last sell for?
AED 1,540,000 on 13 December 2023: AED 1,502 per sqft for 1,025 sqft. The unit has 2 registered sales; the first was AED 431,444 in November 2009.
What is the rent for unit 303?
AED 80,851 a year on the contract renewed on 21 April 2024. The previous contract, from April 2024, was AED 80,851; the unit has been rented since April 2014.
How big is unit 303?
1,025 sqft (95.2 sqm): a one-bedroom apartment on the 3rd floor of a 25-storey tower completed in 2008.
What is unit 303 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 303, South Ridge Towers 3
Starts from the last sale price (AED 1.54M, 13 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,540,000
- Deposit, UAE resident (20%)
- AED 308,000
- Deposit, non-resident (40%)
- AED 616,000
- Monthly over 25 years at 3.7%
- AED 6,301
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →