South Ridge Towers is a housing complex near the Elite Downtown in Dubai. This property, which comprises six residential buildings and offers a posh way of life, is one of the most sought-after ones. The article below has everything you need to know about this project.
Residential complex South Ridge Towers in Dubai
- This complex is made up of six buildings.
- 997 apartments are put up for sale here.
- One-, two-, and three-bedroom configurations.
- It is located right in the center of the city.
- The Boulevard, the Dubai Mall, the Burj Khalifa, and the Dubai Fountain are nearby.
What makes up this project?
South Ridge 1 has 242 residential units on 44 floors and is a part of South Ridge Towers. There are 158 units on 35 levels of South Ridge 2. There are 130 apartments in each block of South Ridge 3 and 4, which have 33 and 30 stories, respectively. South Ridge 5 and South Ridge 6 contain 36 and 44 floors, respectively, with 152 and 185 housing units. There are possibilities for studios, one, two, and three bedrooms.
The dazzling metropolitan environment of Downtown Dubai is dominated by tall buildings. Emaar finished the project in 2008. Residents of South Ridge may easily reach the Dubai Mall, the largest shopping and entertainment complex, and the Souk Al Bahar because this complex is located in the heart of the city. The Burj Khalifa and the Dubai Fountain, an amazing musical water show, are two potential major attractions.
Burj Park is situated right in the middle of the commercial area. After a long day, people can unwind here or take in a variety of activities, such as the New Year’s Eve Gala. This place is well-known as the cultural center of the region. A lot of concerts take place here.
The Address Downtown Dubai, the world’s first Armani hotel in the Burj Khalifa, The Palace and Manzil Hotel, and Vida are just a few of the hotels that locals can utilize.
Parking spaces
Residents of the estate receive personal parking spaces. Guests can use paid parking lots in Downtown.
Elevators
South Ridge has high-speed elevators for easy and quick movement between floors.
Safety
To ensure the security of residents, a key card is provided with access to the apartments, as well as 24-hour security and 24-hour video surveillance. The central air conditioning system is operated by Emaar District Cooling. For security purposes, the building has a fire alarm and a door phone.
Sport
There is a fully equipped gym and a swimming pool in the neighborhood. For younger residents, there is a separate swimming pool. Other amenities include a hammam and a sauna for relaxation.
Amenities
The neighborhood offers many amenities, such as locker rooms, a business lounge, and a barbecue area. Overall, to make life easier for families, the building has a playground for children, and the environment in the towers is child-friendly. Squash enthusiasts can play on either of the two available squash courts. Other amenities are a badminton court and a golf simulator where you can have fun.
The complex has 24/7 concierge and guest services. It is also pet-friendly. The tower has a conference room and a multi-purpose room for meetings and events if needed. Locals can organize events at the barbecue area on hand.
Apartments for sale off-plan in Dubai
South Ridge Towers offers one-, two-, and three-bedroom apartments. These apartments provide a variety of high-end amenities, such as an advanced security system, 24-hour concierge services, and several fitness facilities.
One-bedroom apartments
These options have a minimum area of 868 sq. ft. and reach up to 1,080 sq. ft. It is a spacious apartment with a beautiful view of the canal, a kitchen, a living room, and one or two bathrooms.
Two-bedroom apartments
A two-bedroom apartment has a minimum of 1,450 sq. ft. and a maximum of 2,066 sq. ft. of area. These spacious apartments offer two to three baths. They have a spacious balcony, a fully furnished kitchen, and built-in wardrobes.
Three-bedroom apartments
The three-bedroom apartments are roomy. The minimum space ranges from 1,891 sq. ft. to 2,102 sq. ft. They have a living room, dining room, storage room, four to five bathrooms, and many more amenities.
Rental trends
The rental costs range from AED 75,000 to AED 190,000. The more detailed situation goes as:
- One-bedroom option, from AED 75,000 to AED 110,000.
- Two-bedroom option, from AED 109,000 to AED 155,000.
- Three-bedroom option, from AED 160,000 to AED 190,000.
All costs shown here are per year. Usually, tenants have to pay in one check for the whole year, but, in some cases, it is possible to split the payment into 2-3 payments.
Sales trends
Apartment prices vary from AED 1,000,000 to AED 3,600,000:
- One-bedroom option, from AED 1,000,000 to AED 1,800,000.
- Two-bedroom option, from AED 1,700,000 to AED 3,700,000.
- Three-bedroom option, from AED 2,500,000 to AED 3,600,000.
One-bedroom apartments range in size between 868 sq. ft. to 1,080 sq. ft. Two-bedroom options differ from 1,450 sq. ft. to 2,066 sq. ft. Three-bedroom apartments vary between 1,891 sq. ft. and 2,102 sq. ft.
Rental income
A one-bedroom apartment can bring about a 6.3% return on investment (ROI). Two- and three-bedroom apartments have an ROI of 5.3% and 5.1%, respectively.
Transport
Residents have some choices on hand:
- The bus stop at South Ridge Tower 1 (outside the complex)
- The bus stop at South Ridge Tower 2 (outside the complex)
- The bus station at Burj Khalifa (5 minutes away)
- The metro station in the Dubai Mall (7 minutes away)
- Metro Station in Business Bay (in an 11-minute walk)
- The subway stop “Financial Center” (15 minutes)
Other key information
South Ridge Towers offers fancy living with all the comforts of an urban lifestyle. Residents love its convenient location. The majority of the UAE’s attractions are within 10 minutes. Since the area is a commercial center and boasts many attractions, it tends to be overcrowded during rush hours. This should be kept in mind when making plans.
A selection of off-plan projects in Dubai
Start your house hunting and compare prices throughout Dubai today! Detailed information is on the website: https://elite-downtown-residence.ae/.
