Modern 3 Bedroom | Open Layout | Bright | Apartment in Downtown Dubai
AED 11,622,000

AED 4,172 per sqft

Permit Pending Verification

Modern 3 Bedroom | Open Layout | Bright | Apartment in Downtown Dubai

Downtown Dubai, Dubai
Listed 151 days ago
3
Beds
3
Baths
2,786
Sqft
apartment
Type

About This Property

Premium 3 bedroom apartment available in South Ridge 3, Downtown Dubai. This 2786 sqft property offers excellent value at AED 11,622,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views196
Reference4ed710ac-4446-48a8-980f-298c86ae1694

Area & Neighborhood Guide

9.5/10
Investment Score
6.8%
Avg. Yield
+15.2%
1Y Growth
Very High
Market
Schools
1
Healthcare
1
Transport
1
Retail
1
Green space
0
Waterfront
0

Nearby Amenities & Landmarks

Dubai Mall
Burj Khalifa
Dubai Opera
Downtown Metro
GEMS Wellington Academy
Mediclinic City Hospital
Souk Al Bahar

Upcoming Developments

Dubai Creek Harbour expansion
New luxury residential towers
Enhanced cultural district

Demographics

75K+
Residents
34
Avg. Age
90%
Expats

Deal Scoreâ„¢

AI-powered price analysis vs DLD transactions

5.2/ 10
Fair Price2.1% above market

Listed at AED 4,172/sqft against a 4,084/sqft market average in Downtown Dubai. Priced 2% above recent transactions — fair but room for negotiation.

Price per sqft comparisonDowntown Dubai · 3 BR apartment
AskingAED 4,172/sqft
DLD Market AvgAED 4,084/sqft

Price Transparency

Estimate
This listing
AED 4,172/sqft
Area benchmark unavailable
Asking priceAED 11,622,000
DLD transfer fee (4%)AED 464,880
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 22,081
Agency commission (2%)AED 232,440
Est. total transaction costAED 12,345,601

Estimates use standard UAE market rates (DLD 4%, trustee 4,200 AED, mortgage reg 0.25% at 75% LTV, agency 2%). Your firm quote is provided in writing before MoU signing and may differ based on property type, buyer profile, and negotiated terms.

Market Comparison

Price benchmarked against area listings & DLD data

Premium Price

Premium Pricing - 132% Above Market

Significantly above the Downtown Dubai average of AED 1800/sqft. May have unique features justifying the premium.

Price per sqft comparisonDowntown Dubai · 3 BR apartment
This PropertyAED 4,172/sqft
Area AverageAED 1,800/sqft

Area Yield

6.5%

L12M Trend

+2%

Similar Units

2

Similar apartment in Downtown Dubai
Avg: AED 4.0MPSF: AED 2,965Range: AED 3.9M – AED 4.2M

PropertyIndex.ae • Updated 2026-02-22

Downtown Dubai Market Intelligence

Full Report
Avg Price/SqftAED 2,678
Active Listings101
Trenddown
Price History (per sqft)
AED 2,639
Dec
AED 2,663
Jan
AED 2,780
Feb
AED 2,636
Mar

Average Price per Sqft by Month

Investment ROI Calculator

Based on 13 rental comparables in Downtown Dubai

Moderate Yield
Gross Yield
2.52%
Moderate Yield
Net Yield
2.16%
After charges
Estimated Rental Income
Monthly
AED 24,392
Annual
AED 292,701
Service Charge: AED 41,790/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average106.3% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 54,299

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 2,324,400)
5%80%
4.99%
2%8%
Property PriceAED 11,622,000
Loan AmountAED 9,297,600
Total InterestAED 6,992,006
Total Cost (Principal + Interest)AED 16,289,606

Estimated Upfront Costs

Down PaymentAED 2,324,400
DLD Registration (4%)AED 464,880
Agency Fee (2%)AED 232,440
Total UpfrontAED 3,021,720

Regulatory Compliance — Dubai Land Department (RERA)

Permit Required
DLD Permit No.Pending — agent must add
Listed By—
Agency—
Permit Valid UntilNot provided

Verify this permit: dubailand.gov.ae/trakheesi-service

Alternatively, scan the permit in the official Dubai REST app (iOS & Android).

Recent Apartment Transactions

Similar apartments sold in Downtown Dubai

AED 8.35M

Avg. Price

AED 4,172.27

Avg. /sqft

5

Transactions

AED 9.32M19.8% lower
15 Apr 2026 3 Bed 1,938 sqftAED 4,808/sqft
Completed Sale
AED 9.23M20.5% lower
15 Apr 2026 3 Bed 2,099 sqftAED 4,399/sqft
Completed Sale
AED 6.18M46.8% lower
15 Jan 2026 3 Bed 1,721 sqftAED 3,593/sqft
Completed Sale
AED 9.46M18.6% lower
16 Dec 2025 3 Bed 2,382 sqftAED 3,972/sqft
Completed Sale
AED 7.56M35.0% lower
16 Nov 2025 3 Bed 1,848 sqftAED 4,090/sqft
Completed Sale

Transactions shown are for similar apartments in Downtown Dubai. Prices may vary based on floor, view, and finishing.

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