1-bed · 985 sqftSouth Ridge Towers 3, Downtown Dubai · 5th floor · completed 2008

504, South Ridge Towers 3

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 394K21 March 2010
Current rentAED 109K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, South Ridge Towers 3

What is 504 worth today?

Last sold for AED 394,444 in 2010

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1 Aug 2026RentedNew contract
AED 109,349/yr6 months · AED 111 per sqft
20 Feb 2024RentedRenewal
AED 105,000/yr12 months · AED 106 per sqft
20 Feb 2023RentedNew contract
AED 105,000/yr12 months · AED 106 per sqft
11 Jun 2019RentedNew contract
AED 85,000/yr12 months · AED 86 per sqft
4 May 2018RentedNew contract
AED 95,000/yr12 months · AED 96 per sqft
25 Mar 2017RentedRenewal
AED 115,000/yr12 months · AED 116 per sqft
25 Mar 2016RentedRenewal
AED 120,000/yr12 months · AED 121 per sqft
25 Mar 2015RentedNew contract
AED 120,000/yr12 months · AED 121 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
1-bed apartment
Size
985 sqft
Floor
5th of 25
Parking
B2-183
Developer
Emaar
Completed
2008
Service charge
AED 18,900 /yr
Last sold
AED 394K · March 2010

About 504, South Ridge Towers 3

504 is a one-bedroom apartment of 985 sqft on the 5th floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 21 March 2010 for AED 394,444, or AED 400 per sqft, 56% below the AED 903 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 1 August 2026, is AED 109,349 a year: a gross yield of 27.7% on the 2010 price, before the service charge of about AED 18,900 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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, March 2010: AED 394,444 (AED 400 per sqft)

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

Rents
Unit 504, each contractTypical one-bed in South Ridge Towers 3
75K100K125K2013201720212025Typical 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, March 2015: AED 120,000 a yearRenewal, March 2016: AED 120,000 a yearRenewal, March 2017: AED 115,000 a yearNew contract, May 2018: AED 95,000 a yearNew contract, June 2019: AED 85,000 a yearNew contract, February 2023: AED 105,000 a yearRenewal, February 2024: AED 105,000 a yearNew contract, August 2026: AED 109,349 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 504 sits

All 67 1-beds →

504 last sold in March 2010 at AED 400 per sqft, 56% below what one-beds in South Ridge Towers 3 were fetching at the time (AED 903). 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. 504's AED 109,349 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 5th floor

All 117 units in South Ridge Towers 3
Value
5012-bedAED 2.2M · Dec 2018
5022-bedAED 1.72M · Jul 2009
5031-bedAED 1.55M · Mar 2016
5051-bedAED 1.73M · Sep 2025

504, South Ridge Towers 3 in numbers

  • Sold once: by Emaar on 21 March 2010 for AED 394,444, or AED 400 per sqft.
  • Rented since March 2015 on 8 Ejari contracts. The rent fell from AED 120,000 to AED 85,000 in 2019 and recovered to AED 109,349 by August 2026.
  • At AED 109,349 a year the gross yield on the 2010 price is 27.7%, before a service charge of about AED 18,900 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 1 August 2026.

Questions about 504, South Ridge Towers 3

What did unit 504 last sell for?

AED 394,444 on 21 March 2010, sold by the developer: AED 400 per sqft for 985 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 109,349 a year on the contract signed on 1 August 2026. The previous contract, from February 2024, was AED 105,000; the unit has been rented since March 2015.

How big is unit 504?

985 sqft (91.5 sqm): a one-bedroom apartment on the 5th floor of a 25-storey tower completed in 2008.

What is unit 504 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 504, South Ridge Towers 3

Starts from the last sale price (AED 394K, 21 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 394,444
Deposit, UAE resident (20%)
AED 78,889
Deposit, non-resident (40%)
AED 157,778
Monthly over 25 years at 3.7%
AED 1,614

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