1-bed · 1,060 sqftSouth Ridge Towers 6, Downtown Dubai · 10th floor · completed 2008

1005, South Ridge Towers 6

Sold prices and rental history: sold once, by the developer in July 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 27 January 2025
Last soldAED 915K1 July 2010
Current rentAED 110K /yr27 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, South Ridge Towers 6

What is 1005 worth today?

Last sold for AED 914,888 in 2010

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27 Jan 2025RentedRenewal
AED 110,000/yr12 months · AED 104 per sqft
27 Jan 2025RentedRenewal
AED 110,000/yr12 months · AED 104 per sqft
27 Jan 2024RentedRenewal
AED 110,000/yr12 months · AED 104 per sqft
27 Jan 2023RentedNew contract
AED 105,000/yr12 months · AED 99 per sqft
5 Mar 2022RentedNew contract
AED 88,000/yr12 months · AED 83 per sqft
21 Jan 2022RentedNew contract
AED 85,000/yr12 months · AED 81 per sqft
16 Oct 2020RentedRenewal
AED 72,000/yr12 months · AED 68 per sqft
16 Oct 2019RentedNew contract
AED 78,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 27 January 2025.

Key facts

Type
1-bed apartment
Size
1,060 sqft
Floor
10th of 39
Parking
B1-403
Developer
Emaar
Completed
2008
Service charge
AED 20,300 /yr
Last sold
AED 915K · July 2010

About 1005, South Ridge Towers 6

1005 is a one-bedroom apartment of 1,060 sqft on the 10th floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 1 July 2010 for AED 914,888, or AED 863 per sqft, in line with the AED 880 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 27 January 2025, is AED 110,000 a year: a gross yield of 12.0% on the 2010 price, before the service charge of about AED 20,300 a year.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical one-bed in South Ridge Towers 6
1M2M2009201420192024Typical sale price by year: 2009 AED 849,888; 2010 AED 923,888; 2011 AED 920,000; 2012 AED 1,010,000; 2013 AED 1,400,000; 2014 AED 1,880,000; 2016 AED 1,060,029; 2017 AED 1,620,000; 2021 AED 1,030,000; 2022 AED 582,250; 2023 AED 1,532,500; 2024 AED 1,775,000; 2025 AED 1,880,000; 2026 AED 1,825,000Sold by developer, July 2010: AED 914,888 (AED 863 per sqft)

1005 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1005, each contractTypical one-bed in South Ridge Towers 6
75K100K125K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 85,000; 2014 AED 100,000; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 100,992; 2018 AED 94,750; 2019 AED 86,000; 2020 AED 75,000; 2021 AED 72,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 105,000; 2025 AED 112,000; 2026 AED 115,000New contract, August 2014: AED 120,000 a yearNew contract, September 2018: AED 92,000 a yearNew contract, October 2019: AED 78,000 a yearRenewal, October 2020: AED 72,000 a yearNew contract, January 2022: AED 85,000 a yearNew contract, March 2022: AED 88,000 a yearNew contract, January 2023: AED 105,000 a yearRenewal, January 2024: AED 110,000 a yearRenewal, January 2025: AED 110,000 a yearRenewal, January 2025: AED 110,000 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 6, and where 1005 sits

All 72 1-beds →

1005 last sold in July 2010 at AED 863 per sqft, in line with what one-beds in South Ridge Towers 6 were fetching at the time (AED 880). Over the last 12 months one-beds sold for AED 1,750,000 to 2,200,000, around AED 1,994 per sqft, and rent for AED 90,000 to 167,204 a year. 1005's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Sep 20262,200,000
3 Sep 20261,750,000
8 May 20261,800,000
12 Jan 20261,850,000
4 1-bed sales in the last 12 months

South Ridge Towers 6

Building

186 apartments, 1-bed to 3-bed over 39 floors in Downtown Dubai, completed in 2008 by Emaar. 9 sold in the last 12 months.

Typical price per sqft
AED 2,140
Typical sale
AED 3M
Typical rent
AED 150K /yr
Typical yield
5.3%
South Ridge Towers 6, Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 186 units in South Ridge Towers 6
Value
10012-bedAED 2.49M · Dec 2015
10023-bedAED 4.34M · Jun 2013
10032-bedAED 2.63M · Jun 2022
10041-bedAED 899K · Jul 2010

1005, South Ridge Towers 6 in numbers

  • Sold once: by Emaar on 1 July 2010 for AED 914,888, or AED 863 per sqft.
  • Rented since August 2014 on 10 Ejari contracts. The rent fell from AED 120,000 to AED 72,000 in 2020 and recovered to AED 110,000 by January 2025.
  • At AED 110,000 a year the gross yield on the 2010 price is 12.0%, before a service charge of about AED 20,300 a year (AED 19.17 per sqft).
  • One-beds in South Ridge Towers 6 sold for AED 1,750,000–2,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,140 per sqft.

Source: Dubai Land Department. Updated 27 January 2025.

Questions about 1005, South Ridge Towers 6

What did unit 1005 last sell for?

AED 914,888 on 1 July 2010, sold by the developer: AED 863 per sqft for 1,060 sqft. It is the only registered sale of the unit.

What is the rent for unit 1005?

AED 110,000 a year on the contract renewed on 27 January 2025. The previous contract, from January 2025, was AED 110,000; the unit has been rented since August 2014.

How big is unit 1005?

1,060 sqft (98.5 sqm): a one-bedroom apartment on the 10th floor of a 39-storey tower completed in 2008.

What is unit 1005 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 6 sold for AED 1,750,000 to 2,200,000 in the last 12 months, around AED 1,994 per sqft.

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Mortgage on 1005, South Ridge Towers 6

Starts from the last sale price (AED 915K, 1 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 914,888
Deposit, UAE resident (20%)
AED 182,978
Deposit, non-resident (40%)
AED 365,955
Monthly over 25 years at 3.7%
AED 3,743

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