1-bed · 1,025 sqftSouth Ridge Towers 3, Downtown Dubai · 7th floor · completed 2008

703, South Ridge Towers 3

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 27 January 2026
Last soldAED 1.78M4 December 2024
Current rentAED 115K /yr27 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, South Ridge Towers 3

What is 703 worth today?

Last sold for AED 1,780,000 in 2024

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27 Jan 2026RentedRenewal
AED 115,000/yr12 months · AED 112 per sqft
27 Jan 2025RentedNew contract
AED 115,000/yr12 months · AED 112 per sqft
27 Jan 2025RentedNew contract
AED 115,000/yr12 months · AED 112 per sqft
4 Dec 2024SoldReady
AED 1,780,000AED 1,736 per sqft
6 Aug 2023RentedRenewal
AED 78,500/yr12 months · AED 77 per sqft
6 Aug 2022RentedRenewal
AED 71,400/yr12 months · AED 70 per sqft
6 Aug 2021RentedRenewal
AED 68,000/yr12 months · AED 66 per sqft
6 Aug 2020RentedNew contract
AED 70,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 27 January 2026.

Key facts

Type
1-bed apartment
Size
1,025 sqft
Floor
7th of 25
Parking
B1-070
Developer
Emaar
Completed
2008
Service charge
AED 19,700 /yr
Last sold
AED 1.78M · December 2024

About 703, South Ridge Towers 3

703 is a one-bedroom apartment of 1,025 sqft on the 7th floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 4 December 2024 for AED 1,780,000, or AED 1,736 per sqft, in line with the AED 1,754 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 27 January 2026, is AED 115,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 19,700 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, May 2010: AED 887,888 (AED 866 per sqft)Sold, December 2024: AED 1,780,000 (AED 1,736 per sqft)

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

Rents
Unit 703, each contractTypical one-bed in South Ridge Towers 3
100K2013201720212025Typical 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, April 2013: AED 85,000 a yearNew contract, April 2014: AED 99,010 a yearNew contract, February 2016: AED 132,000 a yearNew contract, October 2017: AED 105,000 a yearNew contract, May 2019: AED 85,000 a yearNew contract, August 2020: AED 70,000 a yearRenewal, August 2021: AED 68,000 a yearRenewal, August 2022: AED 71,400 a yearRenewal, August 2023: AED 78,500 a yearNew contract, January 2025: AED 115,000 a yearNew contract, January 2025: AED 115,000 a yearRenewal, January 2026: AED 115,000 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 703 sits

All 67 1-beds →

703 last sold in December 2024 at AED 1,736 per sqft, in line with what one-beds in South Ridge Towers 3 were fetching at the time (AED 1,754). 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. 703's AED 115,000 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 7th floor

All 117 units in South Ridge Towers 3
Value
7012-bedAED 1.65M · Jul 2010
7022-bedAED 2.51M · Jun 2010
7041-bedAED 1.75M · Jul 2024
7051-bedAED 1.8M · Jun 2026

703, South Ridge Towers 3 in numbers

  • Sold twice: first on 17 May 2010 for AED 887,888, last on 4 December 2024 for AED 1,780,000 (AED 1,736 per sqft).
  • Rented since April 2013 on 12 Ejari contracts. The rent fell from AED 85,000 to AED 68,000 in 2021 and recovered to AED 115,000 by January 2026.
  • At AED 115,000 a year the gross yield on the 2024 price is 6.5%, 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 27 January 2026.

Questions about 703, South Ridge Towers 3

What did unit 703 last sell for?

AED 1,780,000 on 4 December 2024: AED 1,736 per sqft for 1,025 sqft. The unit has 2 registered sales; the first was AED 887,888 in May 2010.

What is the rent for unit 703?

AED 115,000 a year on the contract renewed on 27 January 2026. The previous contract, from January 2025, was AED 115,000; the unit has been rented since April 2013.

How big is unit 703?

1,025 sqft (95.2 sqm): a one-bedroom apartment on the 7th floor of a 25-storey tower completed in 2008.

What is unit 703 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 703, South Ridge Towers 3

Starts from the last sale price (AED 1.78M, 4 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,780,000
Deposit, UAE resident (20%)
AED 356,000
Deposit, non-resident (40%)
AED 712,000
Monthly over 25 years at 3.7%
AED 7,283

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