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1-bed · 974 sqftSouth Ridge Towers 4, Downtown Dubai · 9th floor · completed 2008

905, South Ridge Towers 4

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

Unit 905 · DLD and Ejari recordsUpdated 17 October 2022
Last soldAED 1.22M30 March 2021
Current rentAED 79K /yr17 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 905, South Ridge Towers 4

What is 905 worth today?

Last sold for AED 1,220,000 in 2021

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17 Oct 2022RentedNew contract
AED 78,750/yr12 months · AED 81 per sqft
17 Oct 2021RentedNew contract
AED 75,000/yr12 months · AED 77 per sqft
30 Mar 2021SoldReady
AED 1,220,000AED 1,252 per sqft
10 Sep 2018RentedNew contract
AED 90,000/yr12 months · AED 93 per sqft
21 May 2009Sold by developerReady
AED 2,375,000AED 2,438 per sqft

Source: Dubai Land Department. Updated 17 October 2022.

Key facts

Type
1-bed apartment
Size
974 sqft
Floor
9th of 28
Parking
B2-269
Developer
Emaar
Completed
2008
Service charge
AED 18,700 /yr
Last sold
AED 1.22M · March 2021
Building
South Ridge Towers 4

About 905, South Ridge Towers 4

905 is a one-bedroom apartment of 974 sqft on the 9th floor of South Ridge Towers 4, a 28-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 30 March 2021 for AED 1,220,000, or AED 1,252 per sqft.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 17 October 2022, is AED 78,750 a year: a gross yield of 6.5% on the 2021 price, before the service charge of about AED 18,700 a year.

Sales and rents for 905 over time

Sales
Unit 905, 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 2,375,000 (AED 2,438 per sqft)Sold, March 2021: AED 1,220,000 (AED 1,252 per sqft)

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

Rents
Unit 905, 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, September 2018: AED 90,000 a yearNew contract, October 2021: AED 75,000 a yearNew contract, October 2022: AED 78,750 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 905 sits

All 74 1-beds →

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. 905's AED 78,750 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 9th floor

All 131 units in South Ridge Towers 4
Value
9012-bedAED 1.65M · Nov 2020
9022-bedAED 2.67M · Dec 2022
9031-bedAED 957K · Feb 2011
9041-bedAED 1.57M · Feb 2016

905, South Ridge Towers 4 in numbers

  • Sold twice: first on 21 May 2009 for AED 2,375,000, last on 30 March 2021 for AED 1,220,000 (AED 1,252 per sqft).
  • Rented since September 2018 on 3 Ejari contracts, from AED 90,000 to AED 78,750 a year.
  • At AED 78,750 a year the gross yield on the 2021 price is 6.5%, 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 17 October 2022.

Questions about 905, South Ridge Towers 4

What did unit 905 last sell for?

AED 1,220,000 on 30 March 2021: AED 1,252 per sqft for 974 sqft. The unit has 2 registered sales; the first was AED 2,375,000 in May 2009.

What is the rent for unit 905?

AED 78,750 a year on the contract signed on 17 October 2022. The previous contract, from October 2021, was AED 75,000; the unit has been rented since September 2018.

How big is unit 905?

974 sqft (90.5 sqm): a one-bedroom apartment on the 9th floor of a 28-storey tower completed in 2008.

What is unit 905 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 905, South Ridge Towers 4

Starts from the last sale price (AED 1.22M, 30 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,220,000
Deposit, UAE resident (20%)
AED 244,000
Deposit, non-resident (40%)
AED 488,000
Monthly over 25 years at 3.7%
AED 4,991

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