2003, South Ridge Towers 3
Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2003, South Ridge Towers 3
What is 2003 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,025 sqft
- Floor
- 20th of 25
- Parking
- B2-226
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 19,700 /yr
- Last sold
- AED 1.79M · February 2024
- Building
- South Ridge Towers 3
About 2003, South Ridge Towers 3
2003 is a one-bedroom apartment of 1,025 sqft on the 20th floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 22 February 2024 for AED 1,785,000, or AED 1,741 per sqft, 11% above the AED 1,570 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 May 2025, is AED 115,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 19,700 a year.
Sales and rents for 2003 over time
2003 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 3, and where 2003 sits
All 61 1-beds →2003 last sold in February 2024 at AED 1,741 per sqft, 11% above what one-beds in South Ridge Towers 3 were fetching at the time (AED 1,570). Over the last 12 months one-beds sold for AED 2,000,000, around AED 2,053 per sqft, and rent for AED 109,705 to 180,000 a year. 2003's AED 115,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Dec 202515 December 2025 | 974 sqft | 2,000,000 | 2,053 | ||
| 16 Jul 202516 July 2025 | 1,025 sqft | 2,050,000 | 2,000 | ||
| 27 May 202527 May 2025 | 857 sqft | 2,100,000 | 2,450 | ||
| 1 May 20251 May 2025 | 985 sqft | 2,100,000 | 2,131 |
South Ridge Towers 3
Building117 apartments, studios to 3-bed over 25 floors in Downtown Dubai, completed in 2008 by Emaar. 1 sold in the last 12 months.
- Typical price per sqft
- AED 2,053
- Typical sale
- AED 2M
- Typical rent
- AED 120K /yr
- Typical yield
- 5.7%
Other units on the 20th floor
All 117 units in South Ridge Towers 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,663 sqft | AED 3.78MAED 3,775,000 · Mar 2025March 2025 | 180,000 /yr | |
| 2002 | 2-bed | 1,560 sqft | AED 3.25MAED 3,250,000 · Feb 2024February 2024 | 200,000 /yr | |
| 2004 | 1-bed | 985 sqft | AED 2.1MAED 2,100,000 · May 2025May 2025 | 125,000 /yr | |
| 2005 | 1-bed | 974 sqft | AED 1.6MAED 1,600,000 · Aug 2016August 2016 | 120,000 /yr |
2003, South Ridge Towers 3 in numbers
- Sold 3 times: first on 3 May 2012 for AED 483,444, last on 22 February 2024 for AED 1,785,000 (AED 1,741 per sqft).
- Rented since December 2013 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 65,000 in 2020 and recovered to AED 115,000 by May 2025.
- At AED 115,000 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 19,700 a year (AED 19.17 per sqft).
- One-beds in South Ridge Towers 3 sold for AED 2,000,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,053 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 15 May 2025.
Questions about 2003, South Ridge Towers 3
What did unit 2003 last sell for?
AED 1,785,000 on 22 February 2024: AED 1,741 per sqft for 1,025 sqft. The unit has 3 registered sales; the first was AED 483,444 in May 2012.
What is the rent for unit 2003?
AED 115,000 a year on the contract renewed on 15 May 2025. The previous contract, from May 2024, was AED 115,000; the unit has been rented since December 2013.
How big is unit 2003?
1,025 sqft (95.2 sqm): a one-bedroom apartment on the 20th floor of a 25-storey tower completed in 2008.
What is unit 2003 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 3 sold for AED 2,000,000 to 2,000,000 in the last 12 months, around AED 2,053 per sqft.
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Mortgage on 2003, South Ridge Towers 3
Starts from the last sale price (AED 1.79M, 22 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,785,000
- Deposit, UAE resident (20%)
- AED 357,000
- Deposit, non-resident (40%)
- AED 714,000
- Monthly over 25 years at 3.7%
- AED 7,303
Plus AED 79,980 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →