1 bedroom, South Ridge 5 tower
Dubai, Downtown, South Ridge 5
Dubai Mall
17-min walk
87 m²
Property area
2008
Construction year
6 out of 36
Floor
2
Bathroom(s)
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
AC
Stunning views
Kitchen appliances
Gym
$402 740 ($4 629/m²)
1 470 000 AED
Rental yield: 6,95%
Bus stop
5-min walk
Price growth rate per year: 19,4%
TOTAL INVESTMENT AMOUNT: $447 260
TOTAL RENTAL YIELD PER YEAR: $46 027
EXPENSES PER YEAR: $14 922
NET RENTAL YIELD PER YEAR: $31 105
or 6,95%
- Unit price: $402 740
- Renovation price: $1 370
- Furnishings: $8 219
- Commission: $8 458
- DLD fee payment: $16 269
- Transaction registration: $1 151
- Transaction legal support: $2 192
- Power of attorney: $822
- Manager cheque: $6 041
TOTAL RENTAL YIELD PER YEAR: $46 027
- Rent payments: $3 836 (per month) / $46 027 (per year)
EXPENSES PER YEAR: $14 922
- Service charge: $3 246
- Utilities: $1 315
- Internet: $1 266
- AC: $1 973
- AC maintenance: $219
- Management commission: $6 904
NET RENTAL YIELD PER YEAR: $31 105
or 6,95%
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South Ridge 5 is one of 6 towers in the development. It's a 36 storey residential tower by EMAAR properties built in 2008.
17-minute walk to Dubai Mall, 3-minute walk to the South Ridge 1 bus stop.
Key tower features:
17-minute walk to Dubai Mall, 3-minute walk to the South Ridge 1 bus stop.
- 1 bedroom
- 2 bathrooms
- 1 balcony
- Area:87 sq. m.
- Floor 6 (out of 36)
- Unfurnished, with appliances
- 1 parking place
Key tower features:
- Green courtyard overlooking the Burj Khalifa
- Swimming pool and Jacuzzi
- Children's pool
- Gym
- Children's playground
- Squash and badminton court
The Downtown district is one of the most prestigious and well-maintained neighborhoods in Dubai. It’s located in the center of Dubai close to the Burj Khalifa skyscraper, which, as of now, is the tallest building in the world.
This neighborhood has everything necessary for comfortable living, for example, lots of restaurants, cafes and bars, high-end stores and shopping malls, and plenty of gyms and parks.
One of the main benefits of living in the Downtown is its proximity to the city business center, where the largest and the most sought-after office spaces are located, and it makes the Downtown a perfect place for working and living.
What adds to the pros of this area is the number of attractions that are concentrated here, for example, the Dubai Fountain, which is the largest fountain in the world, and the Dubai Mall, one of the largest shopping malls in the world.
However, the main advantage of living in the Downtown is that you are able to enjoy the stunning Burj Khalifa and waterfront views. You can easily stroll through the picturesque parks and enjoy the beauty of Dubai.
The Downtown area is a perfect place for living in Dubai where you can enjoy both comfort and luxury as well as a multitude of entertainment and attractions. If you’d like to buy property in Dubai, the Downtown neighborhood is a great option for you.
This neighborhood has everything necessary for comfortable living, for example, lots of restaurants, cafes and bars, high-end stores and shopping malls, and plenty of gyms and parks.
One of the main benefits of living in the Downtown is its proximity to the city business center, where the largest and the most sought-after office spaces are located, and it makes the Downtown a perfect place for working and living.
What adds to the pros of this area is the number of attractions that are concentrated here, for example, the Dubai Fountain, which is the largest fountain in the world, and the Dubai Mall, one of the largest shopping malls in the world.
However, the main advantage of living in the Downtown is that you are able to enjoy the stunning Burj Khalifa and waterfront views. You can easily stroll through the picturesque parks and enjoy the beauty of Dubai.
The Downtown area is a perfect place for living in Dubai where you can enjoy both comfort and luxury as well as a multitude of entertainment and attractions. If you’d like to buy property in Dubai, the Downtown neighborhood is a great option for you.