Building · Transactions · 2022

South Ridge 5 Property Transactions 2022

17 property sales worth ⃃ 30.66M were registered in South Ridge 5 in 2022, 6.3% higher than 2021 by number of sales. The median sale price was ⃃ 1,475,000 and the median price per square foot ⃃ 1,352 (+12.4% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 17 salesUpdated: 19 Oct 2026
Property sales
17
+6.3% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 30.66M
+9.3% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 1,475,000
−13.7% vs 2021
17 sales
Median price per sq ft
⃃ 1,352
+12.4% vs 2021
17 sales

What types of property sold in South Ridge 5 in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments17100%⃃ 30.66M⃃ 1,475,000⃃ 1,352

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)15.9%⃃ 2.5M⃃ 2,500,000⃃ 1,321
Resale (secondary)1694.1%⃃ 28.16M⃃ 1,420,500⃃ 1,366
Ready17100%⃃ 30.66M⃃ 1,475,000⃃ 1,352

How many rental contracts were registered in South Ridge 5 in 2022?

97 rental contracts (new and renewed) were registered in South Ridge 5 in 2022, at a median annual rent of ⃃ 100,000 (+11.1% on 2021). Rental yields in South Ridge 5

What were the most expensive property sales in South Ridge 5 in 2022?

The ten highest registered sale prices in the year.

No transactions on record for this selection.

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
14/12/2022South Ridge 53 beds · Apartment1,892 sq ft⃃ 2,500,000Primary · Ready
07/12/2022South Ridge 52 beds · Apartment1,444 sq ft⃃ 1,950,000Resale · Ready
21/11/2022South Ridge 5Studio · Apartment867 sq ft⃃ 1,075,000Resale · Ready
02/11/2022South Ridge 51 bed · Apartment933 sq ft⃃ 610,000Resale · Ready
01/11/2022South Ridge 51 bed · Apartment933 sq ft⃃ 1,290,000Resale · Ready
26/09/2022South Ridge 51 bed · Apartment1,091 sq ft⃃ 1,300,000Resale · Ready
12/09/2022South Ridge 51 bed · Apartment1,091 sq ft⃃ 1,366,000Resale · Ready
09/09/2022South Ridge 52 beds · Apartment1,450 sq ft⃃ 2,370,000Resale · Ready
11/08/2022South Ridge 52 beds · Apartment1,450 sq ft⃃ 2,000,000Resale · Ready
06/07/2022South Ridge 51 bed · Apartment1,091 sq ft⃃ 1,475,000Resale · 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-5/2022
South Ridge 5 Property Transactions 2022. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-transactions/south-ridge-5/2022

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 5 in 2022?
17 property sales worth ⃃ 30,656,366 were registered in South Ridge 5 in 2022. That is 6.3% higher than 2021.
What was the median property price in South Ridge 5 in 2022?
The median sale price was ⃃ 1,475,000 and the median price per square foot ⃃ 1,352 (1 Jan – 31 Dec 2022).
What share of 2022 sales in South Ridge 5 were off-plan or from developers?
Developer (primary) sales were 5.9% of the 17 sales and resales 94.1%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/south-ridge-5/2022