3103, South Ridge Towers 5
Sold prices and rental history: sold twice, last in July 2022, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3103, South Ridge Towers 5
What is 3103 worth today?
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Source: Dubai Land Department. Updated 6 July 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,091 sqft
- Floor
- 31st of 33
- Parking
- B2-259
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 20,900 /yr
- Last sold
- AED 1.48M · July 2022
- Building
- South Ridge Towers 5
About 3103, South Ridge Towers 5
3103 is a one-bedroom apartment of 1,091 sqft on the 31st floor of South Ridge Towers 5, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 6 July 2022 for AED 1,475,000, or AED 1,351 per sqft, 12% above the AED 1,209 one-beds in the building were fetching at the time.
It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 13 July 2018, is AED 90,000 a year: a gross yield of 6.1% on the 2022 price, before the service charge of about AED 20,900 a year.
Sales and rents for 3103 over time
3103 has sold twice; 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 3103 sits
All 63 1-beds →3103 last sold in July 2022 at AED 1,351 per sqft, 12% above what one-beds in South Ridge Towers 5 were fetching at the time (AED 1,209). 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. 3103's AED 90,000 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 31st floor
All 158 units in South Ridge Towers 53103, South Ridge Towers 5 in numbers
- Sold twice: first on 7 June 2011 for AED 1,015,888, last on 6 July 2022 for AED 1,475,000 (AED 1,351 per sqft).
- Rented since July 2014 on 2 Ejari contracts, from AED 84,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2022 price is 6.1%, 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 6 July 2022.
Questions about 3103, South Ridge Towers 5
What did unit 3103 last sell for?
AED 1,475,000 on 6 July 2022: AED 1,351 per sqft for 1,091 sqft. The unit has 2 registered sales; the first was AED 1,015,888 in June 2011.
What is the rent for unit 3103?
AED 90,000 a year on the contract signed on 13 July 2018. The previous contract, from July 2014, was AED 84,000.
How big is unit 3103?
1,091 sqft (101.4 sqm): a one-bedroom apartment on the 31st floor of a 33-storey tower completed in 2008.
What is unit 3103 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 3103, South Ridge Towers 5
Starts from the last sale price (AED 1.48M, 6 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,475,000
- Deposit, UAE resident (20%)
- AED 295,000
- Deposit, non-resident (40%)
- AED 590,000
- Monthly over 25 years at 3.7%
- AED 6,035
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →