Unit 1005, South Residences: what it sold for and what it is worth now

Unit 1005 at South Residences is a 2 bed of 1,322 sq ft. It last sold for AED 1,500,000 on 14 Mar 2025. At AED 1,135 per sq ft, from 3 sales of units ending 05 (same position in the tower), it is worth about AED 1,500,000 today.

Value todayAED 1,500,000AED 1,414,000 to AED 1,521,000
Last saleAED 1,500,00014 Mar 2025 · Resale
Change since last sale+0.0%Building trend alone: AED 1,476,039
Rent (median asking, 2 bed)AED 90,000Gross yield 6.0%
Bedrooms2 bed
Size1,322 sq ft
Floor10 (from the unit number)
Position in the towerStack 05: units ending 05 share the same layout and view
BuildingSouth Residences by Mostafa Bin Abdullatif (MBAL), handed over 2019
Registered sales of this unit1

Every registered sale of unit 1005

DatePriceSizeAED/sq ftType
14 Mar 2025AED 1,500,0001,322 sq ft1,135Resale

Units ending 05 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
17054 Feb 2026AED 1,540,0001,320 sq ft1,167Resale
17054 Apr 2024AED 1,325,0001,320 sq ft1,004Resale
21059 Dec 2020AED 1,347,2041,108 sq ft1,216Resale

Latest 2 bed sales in South Residences

UnitDatePriceSizeAED/sq ftType
17054 Feb 2026AED 1,540,0001,320 sq ft1,167Resale
100212 Nov 2025AED 1,500,0001,364 sq ft1,100Resale
100724 Jun 2025AED 1,550,0001,346 sq ft1,152Resale
100117 Jun 2025AED 1,765,0001,551 sq ft1,138Resale
17054 Apr 2024AED 1,325,0001,320 sq ft1,004Resale
21059 Dec 2020AED 1,347,2041,108 sq ft1,216Resale

How we worked out the value

We took the 3 resale sales of units ending 05 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,135). We multiplied it by the size of this unit (1,322 sq ft). The range uses the middle half of those sales (AED 1,069 to AED 1,151 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,476,039. Floor, view, condition and upgrades can move the price either way. Sales data to 18 Feb 2026, from the Dubai Land Department register.

Questions

What is unit 1005 at South Residences worth?

About AED 1,500,000 (range AED 1,414,000 to AED 1,521,000), based on AED 1,135 per sq ft from registered sales up to 18 Feb 2026.

When did unit 1005 last sell?

14 Mar 2025, for AED 1,500,000 (resale). It has 1 registered sale.

What rent can unit 1005 make?

A 2 bed in South Residences rents for about AED 90,000 a year (median asking rent). That is a gross yield of 6.0% on the estimate.

Sales alert for South ResidencesAll sales in South Residences

Unit 1003 · Unit 1006