1-bed · 1,060 sqftSouth Ridge Towers 6, Downtown Dubai · 12th floor · completed 2008

1205, South Ridge Towers 6

Sold prices and rental history: sold twice, last in September 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1205 · DLD and Ejari recordsUpdated 26 December 2020
Last soldAED 1.65M27 September 2017
Current rentAED 80K /yr26 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1205, South Ridge Towers 6

What is 1205 worth today?

Last sold for AED 1,650,000 in 2017

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26 Dec 2020RentedNew contract
AED 80,000/yr12 months · AED 76 per sqft
27 Sep 2017SoldReady
AED 1,650,000AED 1,556 per sqft
8 Apr 2016RentedNew contract
AED 112,000/yr12 months · AED 106 per sqft
25 Oct 2013RentedNew contract
AED 85,000/yr12 months · AED 81 per sqft
10 Jun 2009Sold by developerReady
AED 843,791AED 796 per sqft

Source: Dubai Land Department. Updated 26 December 2020.

Key facts

Type
1-bed apartment
Size
1,060 sqft
Floor
12th of 39
Parking
B2-416
Developer
Emaar
Completed
2008
Service charge
AED 20,300 /yr
Last sold
AED 1.65M · September 2017

About 1205, South Ridge Towers 6

1205 is a one-bedroom apartment of 1,060 sqft on the 12th floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 27 September 2017 for AED 1,650,000, or AED 1,556 per sqft, 56% above the AED 999 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 26 December 2020, is AED 80,000 a year: a gross yield of 4.9% on the 2017 price, before the service charge of about AED 20,300 a year.

Sales and rents for 1205 over time

Sales
Unit 1205, 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, June 2009: AED 843,791 (AED 796 per sqft)Sold, September 2017: AED 1,650,000 (AED 1,556 per sqft)

1205 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1205, each contractTypical one-bed in South Ridge Towers 6
80K100K120K2012201620202024Typical 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, October 2013: AED 85,000 a yearNew contract, April 2016: AED 112,000 a yearNew contract, December 2020: AED 80,000 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 1205 sits

All 72 1-beds →

1205 last sold in September 2017 at AED 1,556 per sqft, 56% above what one-beds in South Ridge Towers 6 were fetching at the time (AED 999). 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. 1205's AED 80,000 is at the bottom 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 12th floor

All 186 units in South Ridge Towers 6
Value
12012-bedAED 1.3M · Jul 2010
12023-bedAED 3.21M · Oct 2011
12032-bedAED 2M · Mar 2010
12041-bedAED 428K · Sep 2009

1205, South Ridge Towers 6 in numbers

  • Sold twice: first on 10 June 2009 for AED 843,791, last on 27 September 2017 for AED 1,650,000 (AED 1,556 per sqft).
  • Rented since October 2013 on 3 Ejari contracts, from AED 85,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2017 price is 4.9%, 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 26 December 2020.

Questions about 1205, South Ridge Towers 6

What did unit 1205 last sell for?

AED 1,650,000 on 27 September 2017: AED 1,556 per sqft for 1,060 sqft. The unit has 2 registered sales; the first was AED 843,791 in June 2009.

What is the rent for unit 1205?

AED 80,000 a year on the contract signed on 26 December 2020. The previous contract, from April 2016, was AED 112,000; the unit has been rented since October 2013.

How big is unit 1205?

1,060 sqft (98.5 sqm): a one-bedroom apartment on the 12th floor of a 39-storey tower completed in 2008.

What is unit 1205 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 1205, South Ridge Towers 6

Starts from the last sale price (AED 1.65M, 27 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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