1-bed · 974 sqftSouth Ridge Towers 4, Downtown Dubai · 15th floor · completed 2008

1505, South Ridge Towers 4

Sold prices and rental history: sold twice, last in March 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 1.78M2 March 2015
Current rentAED 120K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, South Ridge Towers 4

What is 1505 worth today?

Last sold for AED 1,775,000 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Mar 2025RentedRenewal
AED 120,000/yr12 months · AED 124 per sqft
1 Mar 2025RentedRenewal
AED 120,000/yr12 months · AED 124 per sqft
1 Mar 2024RentedNew contract
AED 120,000/yr12 months · AED 124 per sqft
1 Dec 2023RentedRenewal
AED 96,000/yr12 months · AED 99 per sqft
10 Nov 2022RentedRenewal
AED 85,000/yr13 months · AED 88 per sqft
10 Nov 2021RentedRenewal
AED 85,000/yr12 months · AED 88 per sqft
15 Aug 2020RentedRenewal
AED 68,739/yr15 months · AED 71 per sqft
15 Aug 2019RentedNew contract
AED 85,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
1-bed apartment
Size
974 sqft
Floor
15th of 28
Parking
B2-222
Developer
Emaar
Completed
2008
Service charge
AED 18,700 /yr
Last sold
AED 1.78M · March 2015

About 1505, South Ridge Towers 4

1505 is a one-bedroom apartment of 974 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 2 March 2015 for AED 1,775,000, or AED 1,822 per sqft, 10% below the AED 2,032 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 120,000 a year: a gross yield of 6.8% on the 2015 price, before the service charge of about AED 18,700 a year.

Sales and rents for 1505 over time

Sales
Unit 1505, 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 by developer, August 2011: AED 479,444 (AED 492 per sqft)Sold, March 2015: AED 1,775,000 (AED 1,822 per sqft)

1505 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1505, each contractTypical one-bed in South Ridge Towers 4
75K100K125K2012201620202024Typical 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 110,000New contract, August 2013: AED 90,000 a yearNew contract, March 2014: AED 110,000 a yearNew contract, March 2015: AED 110,000 a yearRenewal, March 2016: AED 110,000 a yearNew contract, March 2017: AED 110,000 a yearNew contract, August 2019: AED 85,000 a yearRenewal, August 2020: AED 68,739 a yearRenewal, November 2021: AED 85,000 a yearRenewal, November 2022: AED 85,000 a yearRenewal, December 2023: AED 96,000 a yearNew contract, March 2024: AED 120,000 a yearRenewal, March 2025: AED 120,000 a yearRenewal, March 2025: AED 120,000 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 4, and where 1505 sits

All 74 1-beds →

1505 last sold in March 2015 at AED 1,822 per sqft, 10% below what one-beds in South Ridge Towers 4 were fetching at the time (AED 2,032). 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. 1505's AED 120,000 is in the upper half of that range.

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
15031-bedAED 1.05M · Jul 2010
15041-bedAED 1.63M · Oct 2023

1505, South Ridge Towers 4 in numbers

  • Sold twice: first on 3 August 2011 for AED 479,444, last on 2 March 2015 for AED 1,775,000 (AED 1,822 per sqft).
  • Rented since August 2013 on 13 Ejari contracts. The rent fell from AED 90,000 to AED 68,739 in 2020 and recovered to AED 120,000 by March 2025.
  • At AED 120,000 a year the gross yield on the 2015 price is 6.8%, before a service charge of about AED 18,700 a year (AED 19.17 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 1 March 2025.

Questions about 1505, South Ridge Towers 4

What did unit 1505 last sell for?

AED 1,775,000 on 2 March 2015: AED 1,822 per sqft for 974 sqft. The unit has 2 registered sales; the first was AED 479,444 in August 2011.

What is the rent for unit 1505?

AED 120,000 a year on the contract renewed on 1 March 2025. The previous contract, from March 2025, was AED 120,000; the unit has been rented since August 2013.

How big is unit 1505?

974 sqft (90.5 sqm): a one-bedroom apartment on the 15th floor of a 28-storey tower completed in 2008.

What is unit 1505 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.

Selling 1505? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1505, South Ridge Towers 4

Starts from the last sale price (AED 1.78M, 2 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,775,000
Deposit, UAE resident (20%)
AED 355,000
Deposit, non-resident (40%)
AED 710,000
Monthly over 25 years at 3.7%
AED 7,262

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