PropertyIndex

South Residence 1

In Progress · Date not reported

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South Residence 1 is an in-progress apartment development in Dubai South, Madinat Al Mataar. 43 sales are registered with the Dubai Land Department, at a current PIX© price of AED 858 per sqft. At AED 858 per sqft, South Residence 1 prices 45% below the Dubai South average of AED 1,569 per sqft on registered sales.

PIX© price · 3.8% YoY
1.02MAED
Typical
858AED
PSF
Gross yield
7.2%
PIX© rent ÷ PIX© price
Sale records
43
DLD · all time
Rent contracts
119
Ejari · all time
South Residence 1

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
1.02M8583.8%73K7.2%
Studio · Apartment
455 – 460 sqft
1 Bed · Apartment
970 sqft
2 Bed · Apartment
1,429 – 1,510 sqft
Sales — Project-Wide43 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
DatePositionSizePricePSFvs Prior SaleTierType
2 Jan 2026Floor 41,5101,350,000894+13.2%StandardStandard Sale
6 Dec 2024Floor 31,4291,200,600840PremiumStandard Sale
13 Nov 2024Floor 41,5081,200,600796StandardStandard Sale
Rentals — Project-Wide119 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 20261 BedFloor 397060,16562+0.3%Standardrenewal
2 Aug 2026StudioFloor 145936,68580+10.0%Standardrenewal
15 Jul 20261 BedFloor 497059,00061+81.5%Standardnew

Comparables

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

Comparable projects in Dubai South

The closest-priced registered projects in Dubai South.

Common questions about South Residence 1

Answered from Dubai Land Department registered transactions.

How much does a property in South Residence 1 cost?

Property in South Residence 1 sells at a current PIX© price of AED 858 per sqft, or about AED 1,020,691 for a typical unit, based on 43 sales registered with the Dubai Land Department.

When is South Residence 1 handing over?

South Residence 1 is under construction.

What is the rental yield in South Residence 1?

South Residence 1 yields 7.2% gross, calculated from current PIX© rent against current PIX© sale price, across 119 registered Ejari contracts.

Have prices in South Residence 1 gone up or down?

Price per sqft has risen +3.8% over the last 12 months, to AED 858, across 43 registered sales.