505, South Ridge Towers 3
Sold prices and rental history: sold 4 times, last in September 2025, 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 505, South Ridge Towers 3
What is 505 worth today?
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Source: Dubai Land Department. Updated 4 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 974 sqft
- Floor
- 5th of 25
- Parking
- B2-150
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 18,700 /yr
- Last sold
- AED 1.73M · September 2025
- Building
- South Ridge Towers 3
About 505, South Ridge Towers 3
505 is a one-bedroom apartment of 974 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 4 September 2025 for AED 1,725,000, or AED 1,771 per sqft, in line with the AED 1,778 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 7 September 2024, is AED 110,000 a year: a gross yield of 6.4% on the 2025 price, before the service charge of about AED 18,700 a year.
Sales and rents for 505 over time
505 has sold 4 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 505 sits
All 67 1-beds →505 last sold in September 2025 at AED 1,771 per sqft, in line with what one-beds in South Ridge Towers 3 were fetching at the time (AED 1,778). 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. 505's AED 110,000 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 3505, South Ridge Towers 3 in numbers
- Sold 4 times: first on 1 March 2010 for AED 420,444, last on 4 September 2025 for AED 1,725,000 (AED 1,771 per sqft).
- Rented since March 2014 on 5 Ejari contracts. The rent fell from AED 115,000 to AED 75,000 in 2021 and recovered to AED 110,000 by September 2024.
- At AED 110,000 a year the gross yield on the 2025 price is 6.4%, 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 4 September 2025.
Questions about 505, South Ridge Towers 3
What did unit 505 last sell for?
AED 1,725,000 on 4 September 2025: AED 1,771 per sqft for 974 sqft. The unit has 4 registered sales; the first was AED 420,444 in March 2010.
What is the rent for unit 505?
AED 110,000 a year on the contract renewed on 7 September 2024. The previous contract, from September 2023, was AED 100,000; the unit has been rented since March 2014.
How big is unit 505?
974 sqft (90.5 sqm): a one-bedroom apartment on the 5th floor of a 25-storey tower completed in 2008.
What is unit 505 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 505, South Ridge Towers 3
Starts from the last sale price (AED 1.73M, 4 September 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,725,000
- Deposit, UAE resident (20%)
- AED 345,000
- Deposit, non-resident (40%)
- AED 690,000
- Monthly over 25 years at 3.7%
- AED 7,058
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →