1-bed · 1,060 sqftSouth Ridge Towers 6, Downtown Dubai · 35th floor · completed 2008

3505, South Ridge Towers 6

Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3505 · DLD and Ejari recordsUpdated 10 June 2023
Last soldAED 2.74M26 July 2009
Current rentAED 110K /yr10 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3505, South Ridge Towers 6

What is 3505 worth today?

Last sold for AED 2,744,000 in 2009

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10 Jun 2023RentedNew contract
AED 110,000/yr12 months · AED 104 per sqft
12 Feb 2022RentedRenewal
AED 90,000/yr12 months · AED 85 per sqft
12 Feb 2021RentedRenewal
AED 90,000/yr12 months · AED 85 per sqft
12 Feb 2020RentedNew contract
AED 83,000/yr12 months · AED 79 per sqft
1 Jun 2019RentedNew contract
AED 85,000/yr12 months · AED 81 per sqft
8 Nov 2015RentedRenewal
AED 99,750/yr6 months · AED 95 per sqft
8 Nov 2014RentedRenewal
AED 95,000/yr12 months · AED 90 per sqft
8 Nov 2013RentedNew contract
AED 95,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 10 June 2023.

Key facts

Type
1-bed apartment
Size
1,060 sqft
Floor
35th of 39
Parking
B2-364
Developer
Emaar
Completed
2008
Service charge
AED 20,300 /yr
Last sold
AED 2.74M · July 2009

About 3505, South Ridge Towers 6

3505 is a one-bedroom apartment of 1,060 sqft on the 35th floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 26 July 2009 for AED 2,744,000, or AED 2,588 per sqft, 164% above the AED 982 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 10 June 2023, is AED 110,000 a year: a gross yield of 4.0% on the 2009 price, before the service charge of about AED 20,300 a year.

Sales and rents for 3505 over time

Sales
Unit 3505, each saleTypical one-bed in South Ridge Towers 6
1M2M3M2009201420192024Typical 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 2009: AED 2,744,000 (AED 2,588 per sqft)

3505 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3505, 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, November 2013: AED 95,000 a yearRenewal, November 2014: AED 95,000 a yearRenewal, November 2015: AED 99,750 a yearNew contract, June 2019: AED 85,000 a yearNew contract, February 2020: AED 83,000 a yearRenewal, February 2021: AED 90,000 a yearRenewal, February 2022: AED 90,000 a yearNew contract, June 2023: 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 3505 sits

All 72 1-beds →

3505 last sold in July 2009 at AED 2,588 per sqft, 164% above what one-beds in South Ridge Towers 6 were fetching at the time (AED 982). 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. 3505'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 35th floor

All 186 units in South Ridge Towers 6
Value
35012-bedAED 2.68M · Mar 2024
35023-bedAED 4.33M · Jul 2024
35032-bedAED 4.09M · Oct 2024
35041-bedAED 2.05M · Apr 2025

3505, South Ridge Towers 6 in numbers

  • Sold once: by Emaar on 26 July 2009 for AED 2,744,000, or AED 2,588 per sqft.
  • Rented since November 2013 on 8 Ejari contracts. The rent fell from AED 95,000 to AED 83,000 in 2020 and recovered to AED 110,000 by June 2023.
  • At AED 110,000 a year the gross yield on the 2009 price is 4.0%, 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 10 June 2023.

Questions about 3505, South Ridge Towers 6

What did unit 3505 last sell for?

AED 2,744,000 on 26 July 2009, sold by the developer: AED 2,588 per sqft for 1,060 sqft. It is the only registered sale of the unit.

What is the rent for unit 3505?

AED 110,000 a year on the contract signed on 10 June 2023. The previous contract, from February 2022, was AED 90,000; the unit has been rented since November 2013.

How big is unit 3505?

1,060 sqft (98.5 sqm): a one-bedroom apartment on the 35th floor of a 39-storey tower completed in 2008.

What is unit 3505 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 3505, South Ridge Towers 6

Starts from the last sale price (AED 2.74M, 26 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,744,000
Deposit, UAE resident (20%)
AED 548,800
Deposit, non-resident (40%)
AED 1,097,600
Monthly over 25 years at 3.7%
AED 11,227

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