South Residence 1

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Dubai South
45
Total Units
42
Sold
AED 1,031,400
Median Price
AED 780
Median Price /sqft
Construction progress: null%
Start: —Completion: —

South Residence 1 Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio10460 sqft - 460 sqftAED 1,750 /sqft
0
1 Bed8970 sqft - 970 sqftAED 1,580 /sqft
0
2 Beds241,430 sqft - 1,510 sqftAED 1.4M (890 /sqft)AED 1,520 /sqft
-41.03

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
Commercial, GF-ST1127 sqftCheck Availability
Commercial, GF-ST2379 sqftCheck Availability
Commercial, R-ST339 sqftCheck Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment970 sqft11.24 sqft 1AED 709,240AED 731 /sqft 20, May 2024
1Apartment970 sqft11.24 sqft 1AED 695,000AED 716 /sqft 10, May 2024
2Apartment1,508 sqft17.57 sqft 1AED 1,209,067AED 802 /sqft 28, Jun 2024
2Apartment1,507 sqft17.57 sqft 1AED 1,185,360AED 787 /sqft 24, Sep 2024
2Apartment1,429 sqft11.36 sqft 1AED 1,128,324AED 790 /sqft 13, Sep 2024
2Apartment1,510 sqft17.57 sqft 1AED 1,099,152AED 728 /sqft 04, Jul 2024
2Apartment1,510 sqft17.58 sqft 1AED 1,099,152AED 728 /sqft 13, Jun 2024
2Apartment1,434 sqft11.36 sqft 1AED 1,018,529AED 710 /sqft 05, Feb 2024
StudioApartment459 sqft0 sqft 1AED 355,431AED 774 /sqft 20, Dec 2023
StudioApartment459 sqft0 sqft 1AED 355,431AED 774 /sqft 20, Dec 2023
1Apartment970 sqft11.24 sqft 2AED 727,200AED 750 /sqft 22, May 2024
1Apartment970 sqft11.24 sqft 2AED 712,936AED 735 /sqft 18, Mar 2024
2Apartment1,508 sqft17.57 sqft 2AED 1,200,600AED 796 /sqft 23, Sep 2024
2Apartment1,507 sqft17.57 sqft 2AED 1,180,600AED 783 /sqft 27, Sep 2024
2Apartment1,510 sqft17.58 sqft 2AED 1,164,243AED 771 /sqft 20, May 2024

South Residence 1 Real Estate Data – FAQ

  • What is the current property supply in South Residence 1?

    South Residence 1 has a total residential supply of approximately 3 units. This represents completed and available inventory within the area.

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  • How active is the real estate market in South Residence 1?

    South Residence 1 recorded 1 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in South Residence 1?

    The median transaction price in South Residence 1 is AED 890 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in South Residence 1?

    The gross rental yield in South Residence 1 is approximately 6%, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in South Residence 1?

    Property prices in South Residence 1 have shown a capital appreciation of 0% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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  • How many off-plan projects are currently in South Residence 1?

    There are currently 0 active off-plan projects in South Residence 1, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in South Residence 1?

    The total off-plan pipeline in South Residence 1 includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

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  • Is South Residence 1 a good area for property investment?

    South Residence 1 is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In South Residence 1, this is %, indicating relatively strong income performance compared to global markets.

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