1605, South Ridge Towers 4
Sold prices and rental history: sold twice, last in January 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1605, South Ridge Towers 4
What is 1605 worth today?
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Source: Dubai Land Department. Updated 26 March 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 974 sqft
- Floor
- 16th of 28
- Parking
- B2-224
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 18,700 /yr
- Last sold
- AED 910K · January 2011
- Building
- South Ridge Towers 4
About 1605, South Ridge Towers 4
1605 is a one-bedroom apartment of 974 sqft on the 16th floor of South Ridge Towers 4, a 28-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 6 January 2011 for AED 910,000, or AED 934 per sqft, 4% above the AED 898 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 26 March 2023, is AED 81,000 a year: a gross yield of 8.9% on the 2011 price, before the service charge of about AED 18,700 a year.
Sales and rents for 1605 over time
1605 has sold twice; 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 4, and where 1605 sits
All 74 1-beds →1605 last sold in January 2011 at AED 934 per sqft, 4% above what one-beds in South Ridge Towers 4 were fetching at the time (AED 898). 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. 1605's AED 81,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jul 20269 July 2026 | 1,025 sqft | 2,100,000 | 2,048 | ||
| 7 May 20267 May 2026 | 1,132 sqft | 2,425,000 | 2,142 | ||
| 22 Jan 202622 January 2026 | 1,025 sqft | 2,200,000 | 2,146 | ||
| 21 Jan 202621 January 2026 | 962 sqft | 1,750,000 | 1,819 |
South Ridge Towers 4
Building131 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%
Other units on the 16th floor
All 131 units in South Ridge Towers 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,663 sqft | AED 3.35MAED 3,351,000 · Sep 2015September 2015 | 164,757 /yr | |
| 1602 | 2-bed | 1,560 sqft | AED 977KAED 977,444 · Apr 2011April 2011 | 210,000 /yr | |
| 1603 | 1-bed | 1,025 sqft | AED 2.2MAED 2,200,000 · Jan 2026January 2026 | 135,000 /yr | |
| 1604 | 1-bed | 985 sqft | AED 1.2MAED 1,200,000 · Dec 2021December 2021 | 101,400 /yr |
1605, South Ridge Towers 4 in numbers
- Sold twice: first on 6 January 2011 for AED 965,888, last on 6 January 2011 for AED 910,000 (AED 934 per sqft).
- Rented since August 2015 on 7 Ejari contracts. The rent fell from AED 118,000 to AED 73,000 in 2021 and recovered to AED 81,000 by March 2023.
- At AED 81,000 a year the gross yield on the 2011 price is 8.9%, 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 26 March 2023.
Questions about 1605, South Ridge Towers 4
What did unit 1605 last sell for?
AED 910,000 on 6 January 2011, sold by the developer: AED 934 per sqft for 974 sqft. The unit has 2 registered sales; the first was AED 965,888 in January 2011.
What is the rent for unit 1605?
AED 81,000 a year on the contract renewed on 26 March 2023. The previous contract, from March 2022, was AED 77,000; the unit has been rented since August 2015.
How big is unit 1605?
974 sqft (90.5 sqm): a one-bedroom apartment on the 16th floor of a 28-storey tower completed in 2008.
What is unit 1605 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 1605, South Ridge Towers 4
Starts from the last sale price (AED 910K, 6 January 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 910,000
- Deposit, UAE resident (20%)
- AED 182,000
- Deposit, non-resident (40%)
- AED 364,000
- Monthly over 25 years at 3.7%
- AED 3,723
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →