1-bed · 1,091 sqftSouth Ridge Towers 5, Downtown Dubai · 19th floor · completed 2008

1903, South Ridge Towers 5

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

Unit 1903 · DLD and Ejari recordsUpdated 20 July 2024
Last soldAED 898K22 June 2010
Current rentAED 115K /yr20 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1903, South Ridge Towers 5

What is 1903 worth today?

Last sold for AED 897,595 in 2010

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20 Jul 2024RentedRenewal
AED 114,630/yr10 months · AED 105 per sqft
20 Aug 2023RentedRenewal
AED 85,000/yr11 months · AED 78 per sqft
20 Aug 2022RentedRenewal
AED 85,000/yr12 months · AED 78 per sqft
20 Aug 2021RentedRenewal
AED 82,000/yr12 months · AED 75 per sqft
20 Aug 2020RentedRenewal
AED 86,000/yr12 months · AED 79 per sqft
20 Aug 2019RentedNew contract
AED 87,000/yr12 months · AED 80 per sqft
1 Jul 2018RentedNew contract
AED 110,000/yr12 months · AED 101 per sqft
1 Jul 2016RentedNew contract
AED 120,000/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 20 July 2024.

Key facts

Type
1-bed apartment
Size
1,091 sqft
Floor
19th of 33
Parking
B1-365
Developer
Emaar
Completed
2008
Service charge
AED 20,900 /yr
Last sold
AED 898K · June 2010

About 1903, South Ridge Towers 5

1903 is a one-bedroom apartment of 1,091 sqft on the 19th floor of South Ridge Towers 5, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 22 June 2010 for AED 897,595, or AED 822 per sqft, in line with the AED 831 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 20 July 2024, is AED 114,630 a year: a gross yield of 12.8% on the 2010 price, before the service charge of about AED 20,900 a year.

Sales and rents for 1903 over time

Sales
Unit 1903, each saleTypical one-bed in South Ridge Towers 5
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 867,071; 2010 AED 878,888; 2011 AED 846,888; 2012 AED 972,944; 2013 AED 1,399,500; 2014 AED 1,790,000; 2015 AED 1,700,000; 2016 AED 1,585,000; 2017 AED 1,545,000; 2018 AED 1,350,000; 2019 AED 1,125,000; 2021 AED 990,000; 2022 AED 1,295,000; 2023 AED 1,495,000; 2024 AED 1,650,000; 2025 AED 1,870,000; 2026 AED 1,842,500Sold by developer, June 2010: AED 897,595 (AED 822 per sqft)

1903 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1903, each contractTypical one-bed in South Ridge Towers 5
75K100K125K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 88,000; 2014 AED 110,000; 2015 AED 114,000; 2016 AED 111,000; 2017 AED 110,000; 2018 AED 95,000; 2019 AED 85,000; 2020 AED 75,000; 2021 AED 74,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 105,000New contract, February 2013: AED 87,500 a yearNew contract, February 2014: AED 87,500 a yearNew contract, February 2015: AED 114,000 a yearRenewal, February 2016: AED 113,058 a yearNew contract, July 2016: AED 120,000 a yearNew contract, July 2018: AED 110,000 a yearNew contract, August 2019: AED 87,000 a yearRenewal, August 2020: AED 86,000 a yearRenewal, August 2021: AED 82,000 a yearRenewal, August 2022: AED 85,000 a yearRenewal, August 2023: AED 85,000 a yearRenewal, July 2024: AED 114,630 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 5, and where 1903 sits

All 63 1-beds →

1903 last sold in June 2010 at AED 822 per sqft, in line with what one-beds in South Ridge Towers 5 were fetching at the time (AED 831). Over the last 12 months one-beds sold for AED 1,650,000 to 2,000,000, around AED 1,801 per sqft, and rent for AED 50,000 to 140,000 a year. 1903's AED 114,630 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Jul 20261,765,000
17 Apr 20261,650,000
10 Apr 20261,920,000
2 Feb 20262,000,000
4 1-bed sales in the last 12 months

South Ridge Towers 5

Building

158 apartments, studios to 3-bed over 33 floors in Downtown Dubai, completed in 2008 by Emaar. 9 sold in the last 12 months.

Typical price per sqft
AED 2,057
Typical sale
AED 2M
Typical rent
AED 140K /yr
Typical yield
5.3%
South Ridge Towers 5, Downtown Dubai: prices, sales and rents →

Other units on the 19th floor

All 158 units in South Ridge Towers 5
Value
19013-bedAED 4.1M · Feb 2024
19022-bedAED 2M · Nov 2016
19041-bedAED 863K · Apr 2014
19052-bedAED 1.8M · Oct 2009

1903, South Ridge Towers 5 in numbers

  • Sold once: by Emaar on 22 June 2010 for AED 897,595, or AED 822 per sqft.
  • Rented since February 2013 on 12 Ejari contracts, from AED 87,500 to AED 114,630 a year.
  • At AED 114,630 a year the gross yield on the 2010 price is 12.8%, before a service charge of about AED 20,900 a year (AED 19.17 per sqft).
  • One-beds in South Ridge Towers 5 sold for AED 1,650,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,057 per sqft.

Source: Dubai Land Department. Updated 20 July 2024.

Questions about 1903, South Ridge Towers 5

What did unit 1903 last sell for?

AED 897,595 on 22 June 2010, sold by the developer: AED 822 per sqft for 1,091 sqft. It is the only registered sale of the unit.

What is the rent for unit 1903?

AED 114,630 a year on the contract renewed on 20 July 2024. The previous contract, from August 2023, was AED 85,000; the unit has been rented since February 2013.

How big is unit 1903?

1,091 sqft (101.4 sqm): a one-bedroom apartment on the 19th floor of a 33-storey tower completed in 2008.

What is unit 1903 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 5 sold for AED 1,650,000 to 2,000,000 in the last 12 months, around AED 1,801 per sqft.

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Mortgage on 1903, South Ridge Towers 5

Starts from the last sale price (AED 898K, 22 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 897,595
Deposit, UAE resident (20%)
AED 179,519
Deposit, non-resident (40%)
AED 359,038
Monthly over 25 years at 3.7%
AED 3,672

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