1-bed · 1,025 sqftSouth Ridge Towers 4, Downtown Dubai · 6th floor · completed 2008

603, South Ridge Towers 4

Sold prices and rental history: sold 4 times, last in October 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 1 January 2024
Last soldAED 1.21M9 October 2019
Current rentAED 90K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, South Ridge Towers 4

What is 603 worth today?

Last sold for AED 1,210,000 in 2019

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1 Jan 2024RentedRenewal
AED 89,573/yr7 months · AED 87 per sqft
1 Jan 2023RentedNew contract
AED 90,000/yr12 months · AED 88 per sqft
1 Jan 2022RentedNew contract
AED 80,000/yr12 months · AED 78 per sqft
9 Oct 2019SoldReady
AED 1,210,000AED 1,180 per sqft
1 Sep 2017RentedRenewal
AED 115,000/yr12 months · AED 112 per sqft
1 Sep 2016RentedNew contract
AED 115,000/yr12 months · AED 112 per sqft
10 Sep 2015RentedRenewal
AED 115,000/yr12 months · AED 112 per sqft
10 Sep 2014RentedNew contract
AED 115,000/yr12 months · AED 112 per sqft

Source: Dubai Land Department. Updated 1 January 2024.

Key facts

Type
1-bed apartment
Size
1,025 sqft
Floor
6th of 28
Parking
B2-299
Developer
Emaar
Completed
2008
Service charge
AED 19,700 /yr
Last sold
AED 1.21M · October 2019

About 603, South Ridge Towers 4

603 is a one-bedroom apartment of 1,025 sqft on the 6th floor of South Ridge Towers 4, a 28-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 9 October 2019 for AED 1,210,000, or AED 1,180 per sqft, in line with the AED 1,167 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 1 January 2024, is AED 89,573 a year: a gross yield of 7.4% on the 2019 price, before the service charge of about AED 19,700 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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, October 2010: AED 910,721 (AED 888 per sqft)Sold, March 2011: AED 840,000 (AED 819 per sqft)Sold, November 2012: AED 1,275,000 (AED 1,243 per sqft)Sold, October 2019: AED 1,210,000 (AED 1,180 per sqft)

603 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 603, each contractTypical one-bed in South Ridge Towers 4
80K100K120K2012201620202024Typical 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, September 2013: AED 75,000 a yearNew contract, September 2014: AED 115,000 a yearRenewal, September 2015: AED 115,000 a yearNew contract, September 2016: AED 115,000 a yearRenewal, September 2017: AED 115,000 a yearNew contract, January 2022: AED 80,000 a yearNew contract, January 2023: AED 90,000 a yearRenewal, January 2024: AED 89,573 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 603 sits

All 74 1-beds →

603 last sold in October 2019 at AED 1,180 per sqft, in line with what one-beds in South Ridge Towers 4 were fetching at the time (AED 1,167). 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. 603's AED 89,573 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 6th floor

All 131 units in South Ridge Towers 4
Value
6012-bedAED 3.1M · May 2023
6022-bedAED 3.18M · Apr 2025
6041-bedAED 1.49M · Apr 2016
6051-bedAED 1.2M · Jun 2021

603, South Ridge Towers 4 in numbers

  • Sold 4 times: first on 3 October 2010 for AED 910,721, last on 9 October 2019 for AED 1,210,000 (AED 1,180 per sqft).
  • Rented since September 2013 on 8 Ejari contracts, from AED 75,000 to AED 89,573 a year.
  • At AED 89,573 a year the gross yield on the 2019 price is 7.4%, 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 1 January 2024.

Questions about 603, South Ridge Towers 4

What did unit 603 last sell for?

AED 1,210,000 on 9 October 2019: AED 1,180 per sqft for 1,025 sqft. The unit has 4 registered sales; the first was AED 910,721 in October 2010.

What is the rent for unit 603?

AED 89,573 a year on the contract renewed on 1 January 2024. The previous contract, from January 2023, was AED 90,000; the unit has been rented since September 2013.

How big is unit 603?

1,025 sqft (95.2 sqm): a one-bedroom apartment on the 6th floor of a 28-storey tower completed in 2008.

What is unit 603 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 603, South Ridge Towers 4

Starts from the last sale price (AED 1.21M, 9 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,210,000
Deposit, UAE resident (20%)
AED 242,000
Deposit, non-resident (40%)
AED 484,000
Monthly over 25 years at 3.7%
AED 4,950

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