1-bed · 1,091 sqftSouth Ridge Towers 5, Downtown Dubai · 9th floor · completed 2008

903, South Ridge Towers 5

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

Unit 903 · DLD and Ejari recordsUpdated 15 October 2021
Last soldAED 1.88M26 June 2014
Current rentAED 72K /yr15 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, South Ridge Towers 5

What is 903 worth today?

Last sold for AED 1,880,000 in 2014

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15 Oct 2021RentedRenewal
AED 72,000/yr12 months · AED 66 per sqft
15 Oct 2020RentedNew contract
AED 72,000/yr12 months · AED 66 per sqft
16 Oct 2018RentedRenewal
AED 90,000/yr14 months · AED 83 per sqft
16 Oct 2017RentedRenewal
AED 110,000/yr12 months · AED 101 per sqft
16 Oct 2016RentedRenewal
AED 110,000/yr12 months · AED 101 per sqft
16 Oct 2015RentedNew contract
AED 115,000/yr12 months · AED 106 per sqft
15 Oct 2014RentedNew contract
AED 100,000/yr12 months · AED 92 per sqft
26 Jun 2014SoldReady
AED 1,880,000AED 1,723 per sqft

Source: Dubai Land Department. Updated 15 October 2021.

Key facts

Type
1-bed apartment
Size
1,091 sqft
Floor
9th of 33
Parking
B2-336
Developer
Emaar
Completed
2008
Service charge
AED 20,900 /yr
Last sold
AED 1.88M · June 2014

About 903, South Ridge Towers 5

903 is a one-bedroom apartment of 1,091 sqft on the 9th floor of South Ridge Towers 5, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 26 June 2014 for AED 1,880,000, or AED 1,723 per sqft, 6% above the AED 1,632 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 15 October 2021, is AED 72,000 a year: a gross yield of 3.8% on the 2014 price, before the service charge of about AED 20,900 a year.

Sales and rents for 903 over time

Sales
Unit 903, 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, July 2010: AED 933,031 (AED 855 per sqft)Sold, June 2014: AED 1,880,000 (AED 1,723 per sqft)

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

Rents
Unit 903, 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, October 2014: AED 100,000 a yearNew contract, October 2015: AED 115,000 a yearRenewal, October 2016: AED 110,000 a yearRenewal, October 2017: AED 110,000 a yearRenewal, October 2018: AED 90,000 a yearNew contract, October 2020: AED 72,000 a yearRenewal, October 2021: AED 72,000 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 903 sits

All 63 1-beds →

903 last sold in June 2014 at AED 1,723 per sqft, 6% above what one-beds in South Ridge Towers 5 were fetching at the time (AED 1,632). 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. 903's AED 72,000 is in the lower 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 9th floor

All 158 units in South Ridge Towers 5
Value
9013-bedAED 3.57M · Apr 2017
9022-bedAED 1.41M · Apr 2013
9041-bedAED 1.92M · Apr 2026
9052-bedAED 1.95M · Dec 2022

903, South Ridge Towers 5 in numbers

  • Sold twice: first on 5 July 2010 for AED 933,031, last on 26 June 2014 for AED 1,880,000 (AED 1,723 per sqft).
  • Rented since October 2014 on 7 Ejari contracts, from AED 100,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2014 price is 3.8%, 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 15 October 2021.

Questions about 903, South Ridge Towers 5

What did unit 903 last sell for?

AED 1,880,000 on 26 June 2014: AED 1,723 per sqft for 1,091 sqft. The unit has 2 registered sales; the first was AED 933,031 in July 2010.

What is the rent for unit 903?

AED 72,000 a year on the contract renewed on 15 October 2021. The previous contract, from October 2020, was AED 72,000; the unit has been rented since October 2014.

How big is unit 903?

1,091 sqft (101.4 sqm): a one-bedroom apartment on the 9th floor of a 33-storey tower completed in 2008.

What is unit 903 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 903, South Ridge Towers 5

Starts from the last sale price (AED 1.88M, 26 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,880,000
Deposit, UAE resident (20%)
AED 376,000
Deposit, non-resident (40%)
AED 752,000
Monthly over 25 years at 3.7%
AED 7,692

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