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1-bed · 1,025 sqftSouth Ridge Towers 4, Downtown Dubai · 15th floor · completed 2008

1503, South Ridge Towers 4

Sold prices and rental history: sold twice, last in July 2010, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 27 July 2010
Last soldAED 1.05M27 July 2010
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1503, South Ridge Towers 4

What is 1503 worth today?

Last sold for AED 1,050,000 in 2010

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27 Jul 2010SoldReady
AED 1,050,000AED 1,024 per sqft
14 Jul 2010Sold by developerReady
AED 497,944AED 485 per sqft

Source: Dubai Land Department. Updated 27 July 2010.

Key facts

Type
1-bed apartment
Size
1,025 sqft
Floor
15th of 28
Parking
B2-234
Developer
Emaar
Completed
2008
Service charge
AED 19,700 /yr
Last sold
AED 1.05M · July 2010
Building
South Ridge Towers 4

About 1503, South Ridge Towers 4

1503 is a one-bedroom apartment of 1,025 sqft on the 15th floor of South Ridge Towers 4, a 28-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 27 July 2010 for AED 1,050,000, or AED 1,024 per sqft, 98% above the AED 517 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical one-bed in South Ridge Towers 4
1M2M2008201320182023Typical sale price by year: 2008 AED 914,888; 2009 AED 517,944; 2010 AED 876,360; 2011 AED 860,000; 2012 AED 1,100,000; 2013 AED 1,420,000; 2014 AED 1,965,000; 2015 AED 1,700,000; 2016 AED 1,640,000; 2017 AED 1,580,000; 2018 AED 1,350,000; 2019 AED 1,137,500; 2021 AED 1,200,000; 2022 AED 1,400,000; 2023 AED 1,652,500; 2025 AED 1,950,000; 2026 AED 2,150,000Sold, July 2010: AED 1,050,000 (AED 1,024 per sqft)Sold by developer, July 2010: AED 497,944 (AED 485 per sqft)

1503 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1503, each contractTypical one-bed in South Ridge Towers 4
80K100K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 90,000; 2014 AED 103,750; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 108,500; 2018 AED 92,000; 2019 AED 85,000; 2020 AED 75,000; 2021 AED 72,000; 2022 AED 82,000; 2023 AED 92,250; 2024 AED 105,315; 2025 AED 110,000; 2026 AED 110,000

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 4, and where 1503 sits

All 74 1-beds →

1503 last sold in July 2010 at AED 1,024 per sqft, 98% above what one-beds in South Ridge Towers 4 were fetching at the time (AED 517). Over the last 12 months one-beds sold for AED 1,750,000 to 2,425,000, around AED 2,095 per sqft, and rent for AED 48,000 to 135,625 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jul 20262,100,000
7 May 20262,425,000
22 Jan 20262,200,000
21 Jan 20261,750,000
4 1-bed sales in the last 12 months

South Ridge Towers 4

Building

131 apartments, studios to 3-bed over 28 floors in Downtown Dubai, completed in 2008 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 2,144
Typical sale
AED 2.31M
Typical rent
AED 128K /yr
Typical yield
5.2%
South Ridge Towers 4, Downtown Dubai: prices, sales and rents →

Other units on the 15th floor

All 131 units in South Ridge Towers 4
Value
15012-bedAED 1.84M · Mar 2010
15022-bedAED 3.7M · Sep 2015
15041-bedAED 1.63M · Oct 2023
15051-bedAED 1.78M · Mar 2015

1503, South Ridge Towers 4 in numbers

  • Sold twice: first on 14 July 2010 for AED 497,944, last on 27 July 2010 for AED 1,050,000 (AED 1,024 per sqft).
  • One-beds in South Ridge Towers 4 sold for AED 1,750,000–2,425,000 in the 12 months to November 2026; the building's median across all types is AED 2,144 per sqft.

Source: Dubai Land Department. Updated 27 July 2010.

Questions about 1503, South Ridge Towers 4

What did unit 1503 last sell for?

AED 1,050,000 on 27 July 2010: AED 1,024 per sqft for 1,025 sqft. The unit has 2 registered sales; the first was AED 497,944 in July 2010.

How big is unit 1503?

1,025 sqft (95.2 sqm): a one-bedroom apartment on the 15th floor of a 28-storey tower completed in 2008.

What is unit 1503 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 4 sold for AED 1,750,000 to 2,425,000 in the last 12 months, around AED 2,095 per sqft.

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Mortgage on 1503, South Ridge Towers 4

Starts from the last sale price (AED 1.05M, 27 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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