Building · Transactions · 2022

South Ridge 1 Property Transactions 2022

21 property sales worth ⃃ 50.33M were registered in South Ridge 1 in 2022, 31.3% higher than 2021 by number of sales. The median sale price was ⃃ 2,125,000 and the median price per square foot ⃃ 1,423 (+8.7% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 21 salesUpdated: 18 Oct 2026
Property sales
21
+31.3% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 50.33M
+47.8% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 2,125,000
−2.9% vs 2021
21 sales
Median price per sq ft
⃃ 1,423
+8.7% vs 2021
21 sales

What types of property sold in South Ridge 1 in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments21100%⃃ 50.33M⃃ 2,125,000⃃ 1,423

How were 2022 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
Primary (developer sales)14.8%⃃ 1.2M⃃ 1,200,000⃃ 1,311
Resale (secondary)2095.2%⃃ 49.13M⃃ 2,162,500⃃ 1,425
Ready21100%⃃ 50.33M⃃ 2,125,000⃃ 1,423

How many rental contracts were registered in South Ridge 1 in 2022?

121 rental contracts (new and renewed) were registered in South Ridge 1 in 2022, at a median annual rent of ⃃ 115,000 (+9.5% on 2021). Rental yields in South Ridge 1

What were the most expensive property sales in South Ridge 1 in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
01/06/2022South Ridge 13 beds · Apartment3,621 sq ft⃃ 7,000,000Resale · Ready
27/12/2022South Ridge 13 beds · Apartment1,962 sq ft⃃ 3,600,000Resale · Ready
14/06/2022South Ridge 13 beds · Apartment2,102 sq ft⃃ 3,325,000Resale · Ready
22/06/2022South Ridge 13 beds · Apartment2,108 sq ft⃃ 3,000,000Resale · Ready
08/04/2022South Ridge 13 beds · Apartment2,102 sq ft⃃ 3,000,000Resale · Ready
19/12/2022South Ridge 12 beds · Apartment1,635 sq ft⃃ 2,920,000Resale · Ready
08/11/2022South Ridge 12 beds · Apartment1,638 sq ft⃃ 2,800,000Resale · Ready
02/11/2022South Ridge 12 beds · Apartment1,635 sq ft⃃ 2,750,000Resale · Ready
15/12/2022South Ridge 12 beds · Apartment1,491 sq ft⃃ 2,400,000Resale · Ready
12/12/2022South Ridge 12 beds · Apartment1,491 sq ft⃃ 2,200,000Resale · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
27/12/2022South Ridge 13 beds · Apartment1,962 sq ft⃃ 3,600,000Resale · Ready
19/12/2022South Ridge 12 beds · Apartment1,635 sq ft⃃ 2,920,000Resale · Ready
15/12/2022South Ridge 12 beds · Apartment1,491 sq ft⃃ 2,400,000Resale · Ready
12/12/2022South Ridge 12 beds · Apartment1,491 sq ft⃃ 2,200,000Resale · Ready
10/11/2022South Ridge 12 beds · Apartment1,491 sq ft⃃ 1,950,000Resale · Ready
08/11/2022South Ridge 12 beds · Apartment1,638 sq ft⃃ 2,800,000Resale · Ready
02/11/2022South Ridge 12 beds · Apartment1,635 sq ft⃃ 2,750,000Resale · Ready
02/11/2022South Ridge 12 beds · Apartment1,497 sq ft⃃ 2,125,000Resale · Ready
07/07/2022South Ridge 11 bed · Apartment915 sq ft⃃ 1,450,000Resale · Ready
22/06/2022South Ridge 11 bed · Apartment1,060 sq ft⃃ 1,350,000Resale · 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 2022 with the whole of 2021.
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-1/2022
South Ridge 1 Property Transactions 2022. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/south-ridge-1/2022

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 2022?
21 property sales worth ⃃ 50,331,595 were registered in South Ridge 1 in 2022. That is 31.3% higher than 2021.
What was the median property price in South Ridge 1 in 2022?
The median sale price was ⃃ 2,125,000 and the median price per square foot ⃃ 1,423 (1 Jan – 31 Dec 2022).
What share of 2022 sales in South Ridge 1 were off-plan or from developers?
Developer (primary) sales were 4.8% of the 21 sales and resales 95.2%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/south-ridge-1/2022