1-bed · 1,060 sqftSouth Ridge Towers 6, Downtown Dubai · 13th floor · completed 2008

1305, South Ridge Towers 6

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1305 · DLD and Ejari recordsUpdated 15 January 2024
Last soldAED 1.6M15 January 2024
Current rentAED 74K /yr7 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1305, South Ridge Towers 6

What is 1305 worth today?

Last sold for AED 1,600,000 in 2024

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15 Jan 2024SoldReady
AED 1,600,000AED 1,509 per sqft
7 Apr 2023RentedRenewal
AED 73,500/yr12 months · AED 69 per sqft
7 Apr 2022RentedRenewal
AED 73,500/yr12 months · AED 69 per sqft
7 Apr 2021RentedNew contract
AED 70,000/yr12 months · AED 66 per sqft
16 Mar 2020RentedNew contract
AED 73,000/yr12 months · AED 69 per sqft
5 Jul 2018RentedRenewal
AED 105,000/yr6 months · AED 100 per sqft
5 Jul 2017RentedNew contract
AED 105,000/yr12 months · AED 100 per sqft
5 Jul 2017RentedRenewal
AED 110,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 15 January 2024.

Key facts

Type
1-bed apartment
Size
1,060 sqft
Floor
13th of 39
Parking
B2-386
Developer
Emaar
Completed
2008
Service charge
AED 20,300 /yr
Last sold
AED 1.6M · January 2024

About 1305, South Ridge Towers 6

1305 is a one-bedroom apartment of 1,060 sqft on the 13th floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 15 January 2024 for AED 1,600,000, or AED 1,509 per sqft, 4% below the AED 1,574 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 7 April 2023, is AED 73,500 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 20,300 a year.

Sales and rents for 1305 over time

Sales
Unit 1305, 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 875,888 (AED 826 per sqft)Sold, January 2024: AED 1,600,000 (AED 1,509 per sqft)

1305 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1305, each contractTypical one-bed in South Ridge Towers 6
75K100K2012201620202024Typical 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, June 2013: AED 90,000 a yearNew contract, July 2015: AED 110,000 a yearRenewal, July 2016: AED 110,000 a yearNew contract, July 2017: AED 105,000 a yearRenewal, July 2017: AED 110,000 a yearRenewal, July 2018: AED 105,000 a yearNew contract, March 2020: AED 73,000 a yearNew contract, April 2021: AED 70,000 a yearRenewal, April 2022: AED 73,500 a yearRenewal, April 2023: AED 73,500 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 1305 sits

All 72 1-beds →

1305 last sold in January 2024 at AED 1,509 per sqft, 4% below what one-beds in South Ridge Towers 6 were fetching at the time (AED 1,574). 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. 1305's AED 73,500 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 13th floor

All 186 units in South Ridge Towers 6
Value
13012-bedAED 1.82M · Feb 2014
13023-bedAED 3.45M · Dec 2018
13032-bedAED 552K · Mar 2010

1305, South Ridge Towers 6 in numbers

  • Sold twice: first on 5 July 2010 for AED 875,888, last on 15 January 2024 for AED 1,600,000 (AED 1,509 per sqft).
  • Rented since June 2013 on 10 Ejari contracts, from AED 90,000 to AED 73,500 a year.
  • At AED 73,500 a year the gross yield on the 2024 price is 4.6%, 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 15 January 2024.

Questions about 1305, South Ridge Towers 6

What did unit 1305 last sell for?

AED 1,600,000 on 15 January 2024: AED 1,509 per sqft for 1,060 sqft. The unit has 2 registered sales; the first was AED 875,888 in July 2010.

What is the rent for unit 1305?

AED 73,500 a year on the contract renewed on 7 April 2023. The previous contract, from April 2022, was AED 73,500; the unit has been rented since June 2013.

How big is unit 1305?

1,060 sqft (98.5 sqm): a one-bedroom apartment on the 13th floor of a 39-storey tower completed in 2008.

What is unit 1305 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 1305, South Ridge Towers 6

Starts from the last sale price (AED 1.6M, 15 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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