1-bed · 1,025 sqftSouth Ridge Towers 4, Downtown Dubai · 16th floor · completed 2008

1603, South Ridge Towers 4

Sold prices and rental history: sold twice, last in January 2026, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 22 January 2026
Last soldAED 2.2M22 January 2026
Current rentAED 135K /yr25 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, South Ridge Towers 4

What is 1603 worth today?

Last sold for AED 2,200,000 in 2026

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22 Jan 2026SoldReady
AED 2,200,000AED 2,146 per sqft
25 Dec 2025RentedRenewal
AED 135,000/yr12 months · AED 132 per sqft
25 Dec 2024RentedNew contract
AED 135,000/yr12 months · AED 132 per sqft
23 Aug 2023RentedRenewal
AED 110,000/yr12 months · AED 108 per sqft
23 Aug 2022RentedRenewal
AED 100,000/yr12 months · AED 98 per sqft
23 Aug 2021RentedNew contract
AED 100,000/yr12 months · AED 98 per sqft
25 Mar 2021RentedRenewal
AED 85,002/yr2 months · AED 83 per sqft
25 Mar 2020RentedRenewal
AED 85,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 22 January 2026.

Key facts

Type
1-bed apartment
Size
1,025 sqft
Floor
16th of 28
Parking
B2-236
Developer
Emaar
Completed
2008
Service charge
AED 19,700 /yr
Last sold
AED 2.2M · January 2026

About 1603, South Ridge Towers 4

1603 is a one-bedroom apartment of 1,025 sqft on the 16th floor of South Ridge Towers 4, a 28-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 22 January 2026 for AED 2,200,000, or AED 2,146 per sqft, 7% above the AED 1,997 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 25 December 2025, is AED 135,000 a year: a gross yield of 6.1% on the 2026 price, before the service charge of about AED 19,700 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, 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, March 2012: AED 1,003,888 (AED 979 per sqft)Sold, January 2026: AED 2,200,000 (AED 2,146 per sqft)

1603 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1603, each contractTypical one-bed in South Ridge Towers 4
100K2012201620202024Typical 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, November 2012: AED 90,000 a yearNew contract, February 2014: AED 113,647 a yearRenewal, February 2015: AED 115,000 a yearRenewal, February 2016: AED 115,000 a yearNew contract, March 2019: AED 90,000 a yearRenewal, March 2020: AED 85,000 a yearRenewal, March 2021: AED 85,002 a yearNew contract, August 2021: AED 100,000 a yearRenewal, August 2022: AED 100,000 a yearRenewal, August 2023: AED 110,000 a yearNew contract, December 2024: AED 135,000 a yearRenewal, December 2025: AED 135,000 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 1603 sits

All 74 1-beds →

1603 last sold in January 2026 at AED 2,146 per sqft, 7% above what one-beds in South Ridge Towers 4 were fetching at the time (AED 1,997). 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. 1603's AED 135,000 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
21 Jan 20261,750,000
24 Sep 20252,150,000
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 16th floor

All 131 units in South Ridge Towers 4
Value
16012-bedAED 3.35M · Sep 2015
16022-bedAED 977K · Apr 2011
16041-bedAED 1.2M · Dec 2021
16051-bedAED 966K · Jan 2011

1603, South Ridge Towers 4 in numbers

  • Sold twice: first on 1 March 2012 for AED 1,003,888, last on 22 January 2026 for AED 2,200,000 (AED 2,146 per sqft).
  • Rented since November 2012 on 12 Ejari contracts, from AED 90,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2026 price is 6.1%, before a service charge of about AED 19,700 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 22 January 2026.

Questions about 1603, South Ridge Towers 4

What did unit 1603 last sell for?

AED 2,200,000 on 22 January 2026: AED 2,146 per sqft for 1,025 sqft. The unit has 2 registered sales; the first was AED 1,003,888 in March 2012.

What is the rent for unit 1603?

AED 135,000 a year on the contract renewed on 25 December 2025. The previous contract, from December 2024, was AED 135,000; the unit has been rented since November 2012.

How big is unit 1603?

1,025 sqft (95.2 sqm): a one-bedroom apartment on the 16th floor of a 28-storey tower completed in 2008.

What is unit 1603 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 1603, South Ridge Towers 4

Starts from the last sale price (AED 2.2M, 22 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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