Unit 1504, South Residences: what it sold for and what it is worth now

Unit 1504 at South Residences is a 1 bed of 847 sq ft. It last sold for AED 450,000 on 24 Jul 2025. At AED 1,085 per sq ft, from 6 sales in the building in the last 12 months (1 bed), it is worth about AED 919,000 today.

Value todayAED 919,000AED 883,000 to AED 931,000
Last saleAED 450,00024 Jul 2025 · Resale
Change since last sale+104.2%Building trend alone: AED 454,950
Rent (median asking, 1 bed)AED 65,000Gross yield 7.1%
Bedrooms1 bed
Size847 sq ft
Floor15 (from the unit number)
Position in the towerStack 04: units ending 04 share the same layout and view
BuildingSouth Residences by Mostafa Bin Abdullatif (MBAL), handed over 2019
Registered sales of this unit2

Every registered sale of unit 1504

DatePriceSizeAED/sq ftType
24 Jul 2025AED 450,000847 sq ft531Resale
11 Aug 2021AED 819,000847 sq ft967Resale

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
21049 Dec 2020AED 922,248752 sq ft1,226Resale
22044 Feb 2020AED 933,776752 sq ft1,242Resale

Latest 1 bed sales in South Residences

UnitDatePriceSizeAED/sq ftType
170318 Feb 2026AED 1,020,000908 sq ft1,123Resale
170223 Oct 2025AED 940,000911 sq ft1,032Resale
9038 Oct 2025AED 1,047,500953 sq ft1,099Resale
150327 Mar 2025AED 975,000909 sq ft1,073Resale
100328 Feb 2025AED 1,000,000911 sq ft1,098Resale
15038 Jun 2023AED 780,000909 sq ft858Resale
21049 Dec 2020AED 922,248752 sq ft1,226Resale
21039 Dec 2020AED 900,552746 sq ft1,207Resale

How we worked out the value

We took the 6 sales in South Residences in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,085). We multiplied it by the size of this unit (847 sq ft). The range uses the middle half of those sales (AED 1,042 to AED 1,099 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 454,950. 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 1504 at South Residences worth?

About AED 919,000 (range AED 883,000 to AED 931,000), based on AED 1,085 per sq ft from registered sales up to 18 Feb 2026.

When did unit 1504 last sell?

24 Jul 2025, for AED 450,000 (resale). It has 2 registered sales.

What rent can unit 1504 make?

A 1 bed in South Residences rents for about AED 65,000 a year (median asking rent). That is a gross yield of 7.1% on the estimate.

Sales alert for South ResidencesAll sales in South Residences

Unit 1503 · Unit 1702