1-bed · 974 sqftSouth Ridge Towers 4, Downtown Dubai · 20th floor · completed 2008

2005, South Ridge Towers 4

Sold prices and rental history: sold twice, last in September 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2005 · DLD and Ejari recordsUpdated 18 February 2024
Last soldAED 1.64M20 September 2016
Current rentAED 80K /yr18 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2005, South Ridge Towers 4

What is 2005 worth today?

Last sold for AED 1,640,000 in 2016

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18 Feb 2024RentedRenewal
AED 80,000/yr12 months · AED 83 per sqft
18 Feb 2023RentedRenewal
AED 80,000/yr12 months · AED 83 per sqft
18 Feb 2022RentedRenewal
AED 72,500/yr12 months · AED 75 per sqft
18 Feb 2021RentedNew contract
AED 70,000/yr12 months · AED 72 per sqft
23 Jul 2018RentedNew contract
AED 90,000/yr12 months · AED 93 per sqft
13 Oct 2016RentedNew contract
AED 110,000/yr12 months · AED 114 per sqft
20 Sep 2016SoldReady
AED 1,640,000AED 1,683 per sqft
1 May 2014RentedRenewal
AED 72,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 18 February 2024.

Key facts

Type
1-bed apartment
Size
974 sqft
Floor
20th of 28
Parking
B2-261
Developer
Emaar
Completed
2008
Service charge
AED 18,700 /yr
Last sold
AED 1.64M · September 2016

About 2005, South Ridge Towers 4

2005 is a one-bedroom apartment of 974 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 20 September 2016 for AED 1,640,000, or AED 1,683 per sqft, in line with the AED 1,634 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 18 February 2024, is AED 80,000 a year: a gross yield of 4.9% on the 2016 price, before the service charge of about AED 18,700 a year.

Sales and rents for 2005 over time

Sales
Unit 2005, 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, May 2009: AED 991,888 (AED 1,018 per sqft)Sold, September 2016: AED 1,640,000 (AED 1,683 per sqft)

2005 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2005, 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, May 2013: AED 67,000 a yearRenewal, May 2014: AED 72,000 a yearNew contract, October 2016: AED 110,000 a yearNew contract, July 2018: AED 90,000 a yearNew contract, February 2021: AED 70,000 a yearRenewal, February 2022: AED 72,500 a yearRenewal, February 2023: AED 80,000 a yearRenewal, February 2024: AED 80,000 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 2005 sits

All 74 1-beds →

2005 last sold in September 2016 at AED 1,683 per sqft, in line with what one-beds in South Ridge Towers 4 were fetching at the time (AED 1,634). 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. 2005's AED 80,000 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
20031-bedAED 1.08M · May 2010
20041-bedAED 750K · Jul 2019

2005, South Ridge Towers 4 in numbers

  • Sold twice: first on 19 May 2009 for AED 991,888, last on 20 September 2016 for AED 1,640,000 (AED 1,683 per sqft).
  • Rented since May 2013 on 8 Ejari contracts, from AED 67,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2016 price is 4.9%, 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 18 February 2024.

Questions about 2005, South Ridge Towers 4

What did unit 2005 last sell for?

AED 1,640,000 on 20 September 2016: AED 1,683 per sqft for 974 sqft. The unit has 2 registered sales; the first was AED 991,888 in May 2009.

What is the rent for unit 2005?

AED 80,000 a year on the contract renewed on 18 February 2024. The previous contract, from February 2023, was AED 80,000; the unit has been rented since May 2013.

How big is unit 2005?

974 sqft (90.5 sqm): a one-bedroom apartment on the 20th floor of a 28-storey tower completed in 2008.

What is unit 2005 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 2005, South Ridge Towers 4

Starts from the last sale price (AED 1.64M, 20 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,640,000
Deposit, UAE resident (20%)
AED 328,000
Deposit, non-resident (40%)
AED 656,000
Monthly over 25 years at 3.7%
AED 6,710

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