1-bed · 974 sqftSouth Ridge Towers 4, Downtown Dubai · 6th floor · completed 2008

605, South Ridge Towers 4

Sold prices and rental history: sold 5 times, last in June 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 9 June 2021
Last soldAED 1.2M9 June 2021
Current rentAED 70K /yr1 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, South Ridge Towers 4

What is 605 worth today?

Last sold for AED 1,200,000 in 2021

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9 Jun 2021SoldReady
AED 1,200,000AED 1,231 per sqft
1 Jun 2021RentedRenewal
AED 70,000/yr12 months · AED 72 per sqft
1 Jun 2020RentedNew contract
AED 70,000/yr12 months · AED 72 per sqft
25 Jul 2019SoldReady
AED 1,025,000AED 1,052 per sqft
1 May 2019RentedRenewal
AED 81,000/yr12 months · AED 84 per sqft
1 May 2018RentedNew contract
AED 92,500/yr12 months · AED 95 per sqft
28 Dec 2011SoldReady
AED 975,000AED 1,000 per sqft
21 Mar 2011SoldReady
AED 826,500AED 848 per sqft

Source: Dubai Land Department. Updated 9 June 2021.

Key facts

Type
1-bed apartment
Size
974 sqft
Floor
6th of 28
Parking
B1-145
Developer
Emaar
Completed
2008
Service charge
AED 18,700 /yr
Last sold
AED 1.2M · June 2021

About 605, South Ridge Towers 4

605 is a one-bedroom apartment of 974 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 June 2021 for AED 1,200,000, or AED 1,231 per sqft, in line with the AED 1,231 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 1 June 2021, is AED 70,000 a year: a gross yield of 5.8% on the 2021 price, before the service charge of about AED 18,700 a year.

Sales and rents for 605 over time

Sales
Unit 605, 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 874,831 (AED 898 per sqft)Sold, March 2011: AED 826,500 (AED 848 per sqft)Sold, December 2011: AED 975,000 (AED 1,000 per sqft)Sold, July 2019: AED 1,025,000 (AED 1,052 per sqft)Sold, June 2021: AED 1,200,000 (AED 1,231 per sqft)

605 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 605, each contractTypical one-bed in South Ridge Towers 4
80K100K2012201620202024Typical 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 2018: AED 92,500 a yearRenewal, May 2019: AED 81,000 a yearNew contract, June 2020: AED 70,000 a yearRenewal, June 2021: AED 70,000 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 605 sits

All 74 1-beds →

605 last sold in June 2021 at AED 1,231 per sqft, in line with what one-beds in South Ridge Towers 4 were fetching at the time (AED 1,231). 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. 605's AED 70,000 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 6th floor

All 131 units in South Ridge Towers 4
Value
6012-bedAED 3.1M · May 2023
6022-bedAED 3.18M · Apr 2025
6031-bedAED 1.21M · Oct 2019
6041-bedAED 1.49M · Apr 2016

605, South Ridge Towers 4 in numbers

  • Sold 5 times: first on 3 October 2010 for AED 874,831, last on 9 June 2021 for AED 1,200,000 (AED 1,231 per sqft).
  • Rented since May 2018 on 4 Ejari contracts, from AED 92,500 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2021 price is 5.8%, 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 9 June 2021.

Questions about 605, South Ridge Towers 4

What did unit 605 last sell for?

AED 1,200,000 on 9 June 2021: AED 1,231 per sqft for 974 sqft. The unit has 5 registered sales; the first was AED 874,831 in October 2010.

What is the rent for unit 605?

AED 70,000 a year on the contract renewed on 1 June 2021. The previous contract, from June 2020, was AED 70,000; the unit has been rented since May 2018.

How big is unit 605?

974 sqft (90.5 sqm): a one-bedroom apartment on the 6th floor of a 28-storey tower completed in 2008.

What is unit 605 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 605, South Ridge Towers 4

Starts from the last sale price (AED 1.2M, 9 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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