1-bed · 1,025 sqftSouth Ridge Towers 4, Downtown Dubai · 20th floor · completed 2008

2003, South Ridge Towers 4

Sold prices and rental history: sold twice, last in May 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2003 · DLD and Ejari recordsUpdated 25 December 2024
Last soldAED 1.08M24 May 2010
Current rentAED 89K /yr25 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2003, South Ridge Towers 4

What is 2003 worth today?

Last sold for AED 1,075,000 in 2010

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25 Dec 2024RentedRenewal
AED 89,380/yr12 months · AED 87 per sqft
25 Dec 2024RentedRenewal
AED 89,380/yr12 months · AED 87 per sqft
25 Dec 2023RentedRenewal
AED 81,254/yr12 months · AED 79 per sqft
25 Dec 2022RentedRenewal
AED 77,385/yr12 months · AED 76 per sqft
25 Dec 2021RentedRenewal
AED 77,385/yr12 months · AED 76 per sqft
25 Dec 2020RentedNew contract
AED 67,000/yr12 months · AED 66 per sqft
11 Nov 2017RentedRenewal
AED 110,000/yr12 months · AED 108 per sqft
11 Nov 2016RentedNew contract
AED 110,000/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 25 December 2024.

Key facts

Type
1-bed apartment
Size
1,025 sqft
Floor
20th of 28
Parking
B2-245
Developer
Emaar
Completed
2008
Service charge
AED 19,700 /yr
Last sold
AED 1.08M · May 2010

About 2003, South Ridge Towers 4

2003 is a one-bedroom apartment of 1,025 sqft on the 20th floor of South Ridge Towers 4, a 28-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 24 May 2010 for AED 1,075,000, or AED 1,048 per sqft, 108% above the AED 505 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 25 December 2024, is AED 89,380 a year: a gross yield of 8.3% on the 2010 price, before the service charge of about AED 19,700 a year.

Sales and rents for 2003 over time

Sales
Unit 2003, 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, January 2010: AED 513,944 (AED 501 per sqft)Sold, May 2010: AED 1,075,000 (AED 1,048 per sqft)

2003 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2003, each contractTypical one-bed in South Ridge Towers 4
60K80K100K2012201620202024Typical 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, October 2013: AED 96,000 a yearNew contract, November 2016: AED 110,000 a yearRenewal, November 2017: AED 110,000 a yearNew contract, December 2020: AED 67,000 a yearRenewal, December 2021: AED 77,385 a yearRenewal, December 2022: AED 77,385 a yearRenewal, December 2023: AED 81,254 a yearRenewal, December 2024: AED 89,380 a yearRenewal, December 2024: AED 89,380 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 2003 sits

All 74 1-beds →

2003 last sold in May 2010 at AED 1,048 per sqft, 108% above what one-beds in South Ridge Towers 4 were fetching at the time (AED 505). 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. 2003's AED 89,380 is in the lower 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 20th floor

All 131 units in South Ridge Towers 4
Value
20012-bedAED 3.25M · Sep 2024
20022-bedAED 3.53M · Oct 2023
20041-bedAED 750K · Jul 2019
20051-bedAED 1.64M · Sep 2016

2003, South Ridge Towers 4 in numbers

  • Sold twice: first on 25 January 2010 for AED 513,944, last on 24 May 2010 for AED 1,075,000 (AED 1,048 per sqft).
  • Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 96,000 to AED 67,000 in 2020 and recovered to AED 89,380 by December 2024.
  • At AED 89,380 a year the gross yield on the 2010 price is 8.3%, 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 25 December 2024.

Questions about 2003, South Ridge Towers 4

What did unit 2003 last sell for?

AED 1,075,000 on 24 May 2010: AED 1,048 per sqft for 1,025 sqft. The unit has 2 registered sales; the first was AED 513,944 in January 2010.

What is the rent for unit 2003?

AED 89,380 a year on the contract renewed on 25 December 2024. The previous contract, from December 2024, was AED 89,380; the unit has been rented since October 2013.

How big is unit 2003?

1,025 sqft (95.2 sqm): a one-bedroom apartment on the 20th floor of a 28-storey tower completed in 2008.

What is unit 2003 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 2003, South Ridge Towers 4

Starts from the last sale price (AED 1.08M, 24 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,075,000
Deposit, UAE resident (20%)
AED 215,000
Deposit, non-resident (40%)
AED 430,000
Monthly over 25 years at 3.7%
AED 4,398

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