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1-bed · 1,106 sqftSouth Ridge Towers 5, Downtown Dubai · 2nd floor · completed 2008

203, South Ridge Towers 5

Sold prices and rental history: sold 3 times, last in September 2018, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 23 September 2018
Last soldAED 1.13M23 September 2018
Current rentAED 95K /yr5 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, South Ridge Towers 5

What is 203 worth today?

Last sold for AED 1,130,000 in 2018

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23 Sep 2018SoldReady
AED 1,130,000AED 1,021 per sqft
5 Aug 2017RentedNew contract
AED 95,000/yr12 months · AED 86 per sqft
21 Dec 2014RentedNew contract
AED 90,000/yr12 months · AED 81 per sqft
29 Mar 2012SoldReady
AED 950,000AED 858 per sqft
15 Mar 2010Sold by developerReady
AED 859,888AED 777 per sqft

Source: Dubai Land Department. Updated 23 September 2018.

Key facts

Type
1-bed apartment
Size
1,106 sqft
Floor
2nd of 33
Parking
B2-332
Developer
Emaar
Completed
2008
Service charge
AED 21,200 /yr
Last sold
AED 1.13M · September 2018
Building
South Ridge Towers 5

About 203, South Ridge Towers 5

203 is a one-bedroom apartment of 1,106 sqft on the 2nd floor of South Ridge Towers 5, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 23 September 2018 for AED 1,130,000, or AED 1,021 per sqft.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 5 August 2017, is AED 95,000 a year: a gross yield of 8.4% on the 2018 price, before the service charge of about AED 21,200 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, March 2010: AED 859,888 (AED 777 per sqft)Sold, March 2012: AED 950,000 (AED 858 per sqft)Sold, September 2018: AED 1,130,000 (AED 1,021 per sqft)

203 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 203, each contractTypical one-bed in South Ridge Towers 5
80K100K120K2012201620202024Typical 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, December 2014: AED 90,000 a yearNew contract, August 2017: AED 95,000 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 5, and where 203 sits

All 63 1-beds →

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. 203's AED 95,000 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 2nd floor

All 158 units in South Ridge Towers 5
Value
2012-bedAED 1.73M · Mar 2010
2022-bedAED 2.7M · May 2023
2041-bedAED 920K · Jun 2021
2052-bedAED 2.3M · Sep 2013

203, South Ridge Towers 5 in numbers

  • Sold 3 times: first on 15 March 2010 for AED 859,888, last on 23 September 2018 for AED 1,130,000 (AED 1,021 per sqft).
  • Rented since December 2014 on 2 Ejari contracts, from AED 90,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2018 price is 8.4%, before a service charge of about AED 21,200 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 23 September 2018.

Questions about 203, South Ridge Towers 5

What did unit 203 last sell for?

AED 1,130,000 on 23 September 2018: AED 1,021 per sqft for 1,106 sqft. The unit has 3 registered sales; the first was AED 859,888 in March 2010.

What is the rent for unit 203?

AED 95,000 a year on the contract signed on 5 August 2017. The previous contract, from December 2014, was AED 90,000.

How big is unit 203?

1,106 sqft (102.8 sqm): a one-bedroom apartment on the 2nd floor of a 33-storey tower completed in 2008.

What is unit 203 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 203, South Ridge Towers 5

Starts from the last sale price (AED 1.13M, 23 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,130,000
Deposit, UAE resident (20%)
AED 226,000
Deposit, non-resident (40%)
AED 452,000
Monthly over 25 years at 3.7%
AED 4,623

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