2903, South Ridge Towers 5
Sold prices and rental history: sold 3 times, last in November 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2903, South Ridge Towers 5
What is 2903 worth today?
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Source: Dubai Land Department. Updated 15 November 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 1,091 sqft
- Floor
- 29th of 33
- Parking
- B2-276
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 20,900 /yr
- Last sold
- AED 1.32M · November 2021
- Building
- South Ridge Towers 5
About 2903, South Ridge Towers 5
2903 is a one-bedroom apartment of 1,091 sqft on the 29th floor of South Ridge Towers 5, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 15 November 2021 for AED 1,320,000, or AED 1,209 per sqft, 10% above the AED 1,098 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 4 July 2021, is AED 75,000 a year: a gross yield of 5.7% on the 2021 price, before the service charge of about AED 20,900 a year.
Sales and rents for 2903 over time
2903 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 2903 sits
All 63 1-beds →2903 last sold in November 2021 at AED 1,209 per sqft, 10% above what one-beds in South Ridge Towers 5 were fetching at the time (AED 1,098). 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. 2903's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Jul 20268 July 2026 | 1,091 sqft | 1,765,000 | 1,617 | ||
| 17 Apr 202617 April 2026 | 933 sqft | 1,650,000 | 1,768 | ||
| 10 Apr 202610 April 2026 | 933 sqft | 1,920,000 | 2,057 | ||
| 2 Feb 20262 February 2026 | 1,091 sqft | 2,000,000 | 1,833 |
South Ridge Towers 5
Building158 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%
Other units on the 29th floor
All 158 units in South Ridge Towers 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2901 | 3-bed | 1,892 sqft | AED 5.1MAED 5,100,000 · Mar 2015March 2015 | 230,000 /yr | |
| 2902 | 2-bed | 1,450 sqft | AED 3.05MAED 3,050,000 · Jul 2025July 2025 | 157,500 /yr | |
| 2904 | 1-bed | 933 sqft | AED 1.61MAED 1,610,000 · May 2024May 2024 | 60,000 /yr | |
| 2905 | 2-bed | 1,444 sqft | AED 2.3MAED 2,300,000 · Nov 2023November 2023 | 210,000 /yr |
2903, South Ridge Towers 5 in numbers
- Sold 3 times: first on 30 September 2010 for AED 1,005,888, last on 15 November 2021 for AED 1,320,000 (AED 1,209 per sqft).
- Rented since September 2012 on 6 Ejari contracts, from AED 82,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2021 price is 5.7%, 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 15 November 2021.
Questions about 2903, South Ridge Towers 5
What did unit 2903 last sell for?
AED 1,320,000 on 15 November 2021: AED 1,209 per sqft for 1,091 sqft. The unit has 3 registered sales; the first was AED 1,005,888 in September 2010.
What is the rent for unit 2903?
AED 75,000 a year on the contract renewed on 4 July 2021. The previous contract, from September 2016, was AED 115,000; the unit has been rented since September 2012.
How big is unit 2903?
1,091 sqft (101.4 sqm): a one-bedroom apartment on the 29th floor of a 33-storey tower completed in 2008.
What is unit 2903 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 2903, South Ridge Towers 5
Starts from the last sale price (AED 1.32M, 15 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,320,000
- Deposit, UAE resident (20%)
- AED 264,000
- Deposit, non-resident (40%)
- AED 528,000
- Monthly over 25 years at 3.7%
- AED 5,401
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →