PropertyIndex

South Ridge 3

In Progress · Date not reported

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South Ridge 3 is an in-progress apartment development in Downtown Dubai, Burj Khalifa. 276 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,838 per sqft. At AED 1,838 per sqft, South Ridge 3 prices 40% below the Downtown Dubai average of AED 3,067 per sqft on registered sales.

PIX© price · 7.7% YoY
2.33MAED
Typical
1,838AED
PSF
Gross yield
5.7%
PIX© rent ÷ PIX© price
Sale records
276
DLD · all time
Rent contracts
831
Ejari · all time
South Ridge 3

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypePIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
2.33M1,8387.7%134K5.7%
Studio · Apartment
731 – 768 sqft
1 Bed · Apartment
857 – 1,525 sqft
2 Bed · Apartment
1,417 – 2,434 sqft
3 Bed · Apartment
3,322 sqft
Sales — Project-Wide276 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
16 Jun 20261 BedFloor 79741,800,0001,848+111.0%StandardStandard Sale
7 Jun 20261 BedFloor 229741,750,0001,797+16.7%StandardStandard Sale
11 May 20262 BedFloor 91,6633,000,0001,804+10.0%StandardStandard Sale
Rentals — Project-Wide831 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
5 Aug 20262 BedFloor 71,663190,000114-9.5%Standardrenewal
4 Aug 20261 BedFloor 14985105,0001070.0%Standardrenewal
1 Aug 20261 BedFloor 5985108,514110+3.6%Standardnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Downtown Dubai

The closest-priced registered projects in Downtown Dubai.

Common questions about South Ridge 3

Answered from Dubai Land Department registered transactions.

How much does a property in South Ridge 3 cost?

Property in South Ridge 3 sells at a current PIX© price of AED 1,838 per sqft, or about AED 2,329,204 for a typical unit, based on 276 sales registered with the Dubai Land Department.

When is South Ridge 3 handing over?

South Ridge 3 is under construction.

What is the rental yield in South Ridge 3?

South Ridge 3 yields 5.7% gross, calculated from current PIX© rent against current PIX© sale price, across 831 registered Ejari contracts.

Have prices in South Ridge 3 gone up or down?

Price per sqft has fallen -7.7% over the last 12 months, to AED 1,838, across 276 registered sales.