1-bed · 1,091 sqftSouth Ridge Towers 5, Downtown Dubai · 21st floor · completed 2008

2103, South Ridge Towers 5

Sold prices and rental history: sold 3 times, last in June 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2103 · DLD and Ejari recordsUpdated 2 February 2023
Last soldAED 1.89M11 June 2015
Current rentAED 130K /yr2 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2103, South Ridge Towers 5

What is 2103 worth today?

Last sold for AED 1,885,000 in 2015

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2 Feb 2023RentedNew contract
AED 130,000/yr12 months · AED 119 per sqft
1 Feb 2020RentedNew contract
AED 100,000/yr12 months · AED 92 per sqft
16 Apr 2017RentedNew contract
AED 120,000/yr12 months · AED 110 per sqft
11 Jun 2015SoldReady
AED 1,885,000AED 1,727 per sqft
1 Feb 2014RentedNew contract
AED 110,000/yr12 months · AED 101 per sqft
30 Dec 2013SoldReady
AED 1,750,000AED 1,603 per sqft
17 May 2011Sold by developerReady
AED 482,444AED 442 per sqft

Source: Dubai Land Department. Updated 2 February 2023.

Key facts

Type
1-bed apartment
Size
1,091 sqft
Floor
21st of 33
Parking
B2-311
Developer
Emaar
Completed
2008
Service charge
AED 20,900 /yr
Last sold
AED 1.89M · June 2015

About 2103, South Ridge Towers 5

2103 is a one-bedroom apartment of 1,091 sqft on the 21st floor of South Ridge Towers 5, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 11 June 2015 for AED 1,885,000, or AED 1,727 per sqft, in line with the AED 1,725 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 2 February 2023, is AED 130,000 a year: a gross yield of 6.9% on the 2015 price, before the service charge of about AED 20,900 a year.

Sales and rents for 2103 over time

Sales
Unit 2103, each saleTypical one-bed in South Ridge Towers 5
1M2M2009201420192024Typical 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, May 2011: AED 482,444 (AED 442 per sqft)Sold, December 2013: AED 1,750,000 (AED 1,603 per sqft)Sold, June 2015: AED 1,885,000 (AED 1,727 per sqft)

2103 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2103, each contractTypical one-bed in South Ridge Towers 5
100K2012201620202024Typical 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 2014: AED 110,000 a yearNew contract, April 2017: AED 120,000 a yearNew contract, February 2020: AED 100,000 a yearNew contract, February 2023: AED 130,000 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 2103 sits

All 63 1-beds →

2103 last sold in June 2015 at AED 1,727 per sqft, in line with what one-beds in South Ridge Towers 5 were fetching at the time (AED 1,725). 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. 2103's AED 130,000 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 21st floor

All 158 units in South Ridge Towers 5
Value
21013-bedAED 4.7M · Dec 2013
21022-bedAED 3M · Sep 2024
21041-bedAED 2.06M · Feb 2010
21052-bedAED 2.28M · Jan 2024

2103, South Ridge Towers 5 in numbers

  • Sold 3 times: first on 17 May 2011 for AED 482,444, last on 11 June 2015 for AED 1,885,000 (AED 1,727 per sqft).
  • Rented since February 2014 on 4 Ejari contracts, from AED 110,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2015 price is 6.9%, 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 2 February 2023.

Questions about 2103, South Ridge Towers 5

What did unit 2103 last sell for?

AED 1,885,000 on 11 June 2015: AED 1,727 per sqft for 1,091 sqft. The unit has 3 registered sales; the first was AED 482,444 in May 2011.

What is the rent for unit 2103?

AED 130,000 a year on the contract signed on 2 February 2023. The previous contract, from February 2020, was AED 100,000; the unit has been rented since February 2014.

How big is unit 2103?

1,091 sqft (101.4 sqm): a one-bedroom apartment on the 21st floor of a 33-storey tower completed in 2008.

What is unit 2103 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 2103, South Ridge Towers 5

Starts from the last sale price (AED 1.89M, 11 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,885,000
Deposit, UAE resident (20%)
AED 377,000
Deposit, non-resident (40%)
AED 754,000
Monthly over 25 years at 3.7%
AED 7,712

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