South Ridge 1

190 units · 1 tower

South Ridge 1 is a development in Downtown Dubai, comprising 190 registered units. 421 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,960 per sqft. At AED 1,960 per sqft, South Ridge 1 prices 37% below the Downtown Dubai median of AED 3,119 per sqft on registered sales.

PIX© price · ↓9.4% YoY

2.69MAED

Typical

1,960AED

PSF

Gross yield

5.2%

PIX© rent ÷ PIX© price

Sale records

421

DLD · all time

Rent contracts

1,459

Ejari · all time

SATELLITE

LocationDowntown Dubai

Drive times · typical

Downtown Dubai6 min · 1.3 km

DXB Airport17 min · 16.2 km

DIFC13 min · 5.5 km

Dubai Marina25 min · 22.9 km

Palm Jumeirah26 min · 25.2 km

Nearest · straight-line

Metro stationBusiness Bay1.7 km

MallMicro Fashion LLC0.2 km

SchoolProton Academy0.2 km

HospitalDNA Health & Wellness – Downtown

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 23

…

2 Bed on Floor 23, South Ridge 1

Size
Record: Nov 2008 to Apr 2026
Owners: 6
Tenants: 7
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
6Owner 6	24 Apr 2026		5 mo	Current owner Mortgage
5Owner 5	19 Dec 2023		2.3 yrs
4Owner 4	19 Dec 2022		12 mo	Sold with tenant in place Mortgage
7Tenant 7	5 Feb 2022		12 mo	Renewal Owner 3
7Tenant 7	5 Aug 2021		6 mo	Renewal Owner 3
7Tenant 7	5 Feb 2021		6 mo	Renewal Owner 3
7Tenant 7	5 Feb 2020		12 mo	Owner 3
6Tenant 6	2 Feb 2019		12 mo	Owner 3
5Tenant 5	1 Nov 2017		15 mo	Renewal Owner 3
5Tenant 5	1 Nov 2016		12 mo	Owner 3
3Owner 3	31 May 2016		6.6 yrs	Sold with tenant in place
4Tenant 4	1 Nov 2015		12 mo	Owner 2
3Tenant 3	10 Oct 2014		13 mo	Owner 2
2Tenant 2	10 Oct 2013		12 mo	Owner 2
1Tenant 1	17 Jun 2012		12 mo	Owner 2
2Owner 2	4 Nov 2008		7.6 yrs	Mortgage
Owner 1 · Undisclosed		—		Acquisition date and price not on record

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

2 Bed · Floor 23 · South Ridge 1

Nightly rateAED

Occupancy (237 nights)

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South Ridge 11,960AED/sqft · project-wide

Units

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

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend	PIX© Rent /yr	Yield
PIX© Core Project-Wide 911 - 3,621 sqft	190	2.69M	1,960	↓9.4%		141K	5.2%
Residential
1 Bed · Apartment 911 - 1,078 sqft	73
2 Bed · Apartment 1,459 - 2,355 sqft	76
3 Bed · Apartment 1,962 - 3,621 sqft	39
Commercial
Warehouse 3,296 sqft	2	-	-	-	-	-	-

Sales - Project-Wide421 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
27 Jul 2026	1 Bed	South Ridge 1 · Floor 22	915	1,770,000	1,934	+20.0%	Standard	Standard Sale
22 Jul 2026	2 Bed	South Ridge 1 · Floor 15	1,491	3,025,000	2,029	+26.0%	Standard	Standard Sale
25 Jun 2026	1 Bed	South Ridge 1 · Floor 27	1,060	1,825,000	1,722	+114.7%	Standard	Standard Sale

Rentals - Project-Wide1,459 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
15 Sep 2026	1 Bed	South Ridge 1 · Floor 3	911	80,000	88	-	Entry Level	CONTRACT
8 Sep 2026	1 Bed	South Ridge 1 · Floor 24	915	90,000	98	-	Entry Level	CERTIFICATE
5 Sep 2026	2 Bed	South Ridge 1 · Floor 18	1,491	150,000	101	-	Standard	CERTIFICATE

Comparables

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

This project

—

Compared with

Baccarat Hotel and Residences

PIX© PSF

—

Rank

—

#1 of 42

Typical price

—

Yield

—

Units

—

Sales

—

Rents

—

Developer

—

SHAMAL ESTATES L.L.C

Handover

—

U/C

Project	Units	Sales	Rents
Baccarat Hotel and Residences SHAMAL ESTATES L.L.C · U/C · Off-plan pricing	98	91	—
Inaura Hotels & Residences ARADA DEVELOPMENTS L.L.C S.O.C · Pre-launch · Off-plan pricing	119	31	—
Mercedes Benz Places by Binghatti BINGHATTI DEVELOPERS FZE · U/C · Off-plan pricing	163	117	—
Binghatti Skyblade BINGHATTI DEVELOPERS FZE · U/C · Off-plan pricing	596	560	—
The Address Residences Dubai Opera EMAAR · Completed · Off-plan pricing	977	258	1,073
The Address Residences Dubai Opera Tower 2 EMAAR · Completed · Off-plan pricing	450	130	543
The Address Residences Dubai Opera Tower 1 EMAAR · Completed · Off-plan pricing	517	128	522
Burj Khalifa Area EMAAR · Completed · Off-plan pricing	4,213	1,130	2,940
Grande EMAAR · Completed · Off-plan pricing	1,112	377	961
Downtown Dubai EMAAR · Completed · Off-plan pricing	36,970	7,173	42,710
Vida Residences Dubai Mall EMAAR · Completed · Off-plan pricing	760	351	328

Community median 3,119 AED/sqft. Showing the closest-ranked peers of 42 ranked projects in the community. 8 community projects excluded for insufficient recorded sales. 48 excluded for trading only in the off-plan market. 8 excluded for insufficient unit-mix overlap. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Downtown Dubai

The closest-priced registered projects in Downtown Dubai.

Elite Downtown Residence 1AED 1,983/sqft
Bellevue TowersAED 1,764/sqft
Bellevue Tower 1AED 1,764/sqft
BLVD CrescentAED 2,167/sqft
Sofitel Residences DowntownAED 2,229/sqft
Imperial AvenueAED 2,241/sqft

Common questions about South Ridge 1

Answered from Dubai Land Department registered transactions.

How much does a property in South Ridge 1 cost?

Property in South Ridge 1 sells at a current PIX© price of AED 1,960 per sqft, or about AED 2,691,449 for a typical unit, based on 421 sales registered with the Dubai Land Department.

What is the rental yield in South Ridge 1?

South Ridge 1 yields 5.2% gross, calculated from current PIX© rent against current PIX© sale price, across 1,459 registered Ejari contracts.

How many units are in South Ridge 1?

South Ridge 1 holds 190 registered units, per the Dubai Land Department unit register.

Have prices in South Ridge 1 gone up or down?

Price per sqft has fallen -9.4% over the last 12 months, to AED 1,960, across 421 registered sales.