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Building · Transactions · 2024

South Ridge 1 Property Transactions 2024

13 property sales worth ⃃ 37.23M were registered in South Ridge 1 in 2024, 18.8% lower than 2023 by number of sales. The median sale price was ⃃ 2,600,000 and the median price per square foot ⃃ 1,911 (+14.7% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 13 salesUpdated: 15 Nov 2026
Property sales
13
−18.8% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 37.23M
−8.5% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 2,600,000
+15.2% vs 2023
13 sales
Median price per sq ft
⃃ 1,911
+14.7% vs 2023
13 sales

What types of property sold in South Ridge 1 in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments13100%⃃ 37.23M⃃ 2,600,000⃃ 1,911

How were 2024 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Resale (secondary)13100%⃃ 37.23M⃃ 2,600,000⃃ 1,911
Ready13100%⃃ 37.23M⃃ 2,600,000⃃ 1,911

How many rental contracts were registered in South Ridge 1 in 2024?

101 rental contracts (new and renewed) were registered in South Ridge 1 in 2024, at a median annual rent of ⃃ 136,367 (+13.6% on 2023). Rental yields in South Ridge 1

What were the most expensive property sales in South Ridge 1 in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
12/11/2024South Ridge 13 beds · Apartment1,974 sq ft⃃ 5,000,000Resale · Ready
01/11/2024South Ridge 13 beds · Apartment2,102 sq ft⃃ 4,800,000Resale · Ready
13/06/2024South Ridge 13 beds · Apartment2,102 sq ft⃃ 4,700,000Resale · Ready
28/03/2024South Ridge 12 beds · Apartment1,635 sq ft⃃ 3,400,000Resale · Ready
18/12/2024South Ridge 12 beds · Apartment1,491 sq ft⃃ 2,880,000Resale · Ready
06/11/2024South Ridge 12 beds · Apartment1,491 sq ft⃃ 2,850,000Resale · Ready
10/10/2024South Ridge 12 beds · Apartment1,491 sq ft⃃ 2,600,000Resale · Ready
14/11/2024South Ridge 11 bed · Apartment915 sq ft⃃ 2,230,000Resale · Ready
10/10/2024South Ridge 11 bed · Apartment1,060 sq ft⃃ 2,000,000Resale · Ready
09/09/2024South Ridge 11 bed · Apartment1,060 sq ft⃃ 1,850,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
18/12/2024South Ridge 12 beds · Apartment1,491 sq ft⃃ 2,880,000Resale · Ready
14/11/2024South Ridge 11 bed · Apartment915 sq ft⃃ 2,230,000Resale · Ready
12/11/2024South Ridge 13 beds · Apartment1,974 sq ft⃃ 5,000,000Resale · Ready
06/11/2024South Ridge 12 beds · Apartment1,491 sq ft⃃ 2,850,000Resale · Ready
01/11/2024South Ridge 13 beds · Apartment2,102 sq ft⃃ 4,800,000Resale · Ready
10/10/2024South Ridge 11 bed · Apartment1,060 sq ft⃃ 2,000,000Resale · Ready
10/10/2024South Ridge 12 beds · Apartment1,491 sq ft⃃ 2,600,000Resale · Ready
02/10/2024South Ridge 11 bed · Apartment1,060 sq ft⃃ 1,625,000Resale · Ready
01/10/2024South Ridge 11 bed · Apartment1,060 sq ft⃃ 1,725,000Resale · Ready
09/09/2024South Ridge 11 bed · Apartment1,060 sq ft⃃ 1,850,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2024 with the whole of 2023.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/south-ridge-1/2024
South Ridge 1 Property Transactions 2024. DXBinteract, data to 15 Nov 2026. https://dxbinteract.com/dubai-property-transactions/south-ridge-1/2024

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in South Ridge 1 in 2024?
13 property sales worth ⃃ 37,235,000 were registered in South Ridge 1 in 2024. That is 18.8% lower than 2023.
What was the median property price in South Ridge 1 in 2024?
The median sale price was ⃃ 2,600,000 and the median price per square foot ⃃ 1,911 (1 Jan – 31 Dec 2024).

Last updated · data to 15 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/south-ridge-1/2024