503, South Ridge Towers 3
Sold prices and rental history: sold 5 times, last in March 2016, 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 503, South Ridge Towers 3
What is 503 worth today?
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Source: Dubai Land Department. Updated 25 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,025 sqft
- Floor
- 5th of 25
- Parking
- B1-035
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 19,700 /yr
- Last sold
- AED 1.55M · March 2016
- Building
- South Ridge Towers 3
About 503, South Ridge Towers 3
503 is a one-bedroom apartment of 1,025 sqft on the 5th floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 24 March 2016 for AED 1,550,000, or AED 1,512 per sqft, 7% below the AED 1,633 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 25 November 2025, is AED 117,000 a year: a gross yield of 7.5% on the 2016 price, before the service charge of about AED 19,700 a year.
Sales and rents for 503 over time
503 has sold 5 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 503 sits
All 67 1-beds →503 last sold in March 2016 at AED 1,512 per sqft, 7% below what one-beds in South Ridge Towers 3 were fetching at the time (AED 1,633). 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. 503's AED 117,000 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 5th floor
All 117 units in South Ridge Towers 3503, South Ridge Towers 3 in numbers
- Sold 5 times: first on 27 September 2010 for AED 437,944, last on 24 March 2016 for AED 1,550,000 (AED 1,512 per sqft).
- Rented since February 2013 on 12 Ejari contracts. The rent fell from AED 90,000 to AED 72,500 in 2021 and recovered to AED 117,000 by November 2025.
- At AED 117,000 a year the gross yield on the 2016 price is 7.5%, 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 25 November 2025.
Questions about 503, South Ridge Towers 3
What did unit 503 last sell for?
AED 1,550,000 on 24 March 2016: AED 1,512 per sqft for 1,025 sqft. The unit has 5 registered sales; the first was AED 437,944 in September 2010.
What is the rent for unit 503?
AED 117,000 a year on the contract signed on 25 November 2025. The previous contract, from August 2024, was AED 107,000; the unit has been rented since February 2013.
How big is unit 503?
1,025 sqft (95.2 sqm): a one-bedroom apartment on the 5th floor of a 25-storey tower completed in 2008.
What is unit 503 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 503, South Ridge Towers 3
Starts from the last sale price (AED 1.55M, 24 March 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →