1204, South Ridge Towers 1
Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1204, South Ridge Towers 1
What is 1204 worth today?
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Source: Dubai Land Department. Updated 26 April 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 915 sqft
- Floor
- 12th of 39
- Parking
- B2-090
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 17,500 /yr
- Last sold
- AED 1.55M · April 2023
- Building
- South Ridge Towers 1
About 1204, South Ridge Towers 1
1204 is a one-bedroom apartment of 915 sqft on the 12th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 26 April 2023 for AED 1,550,000, or AED 1,693 per sqft, 8% above the AED 1,571 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 22 December 2021, is AED 77,000 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 17,500 a year.
Sales and rents for 1204 over time
1204 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in South Ridge Towers 1, and where 1204 sits
All 73 1-beds →1204 last sold in April 2023 at AED 1,693 per sqft, 8% above what one-beds in South Ridge Towers 1 were fetching at the time (AED 1,571). Over the last 12 months one-beds sold for AED 1,770,000 to 1,825,000, around AED 1,828 per sqft, and rent for AED 50,000 to 160,000 a year. 1204's AED 77,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jul 202627 July 2026 | 915 sqft | 1,770,000 | 1,934 | ||
| 25 Jun 202625 June 2026 | 1,060 sqft | 1,825,000 | 1,721 | ||
| 5 Nov 20255 November 2025 | 915 sqft | 1,825,000 | 1,994 | ||
| 16 Sep 202516 September 2025 | 959 sqft | 1,900,000 | 1,981 |
South Ridge Towers 1
Building188 apartments, 1-bed to 3-bed over 39 floors in Downtown Dubai, completed in 2008 by Emaar. 11 sold in the last 12 months.
- Typical price per sqft
- AED 2,049 Up 3.1%
- Typical sale
- AED 3.25M
- Typical rent
- AED 139K /yr
- Typical yield
- 5.3%
Other units on the 12th floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,491 sqft | AED 1.24MAED 1,242,888 · Feb 2010February 2010 | 104,500 /yr | |
| 1202 | 3-bed | 2,102 sqft | AED 2.05MAED 2,054,351 · Feb 2011February 2011 | 240,000 /yr | |
| 1203 | 2-bed | 1,635 sqft | AED 1.89MAED 1,885,572 · Apr 2009April 2009 | 135,000 /yr | |
| 1205 | 1-bed | 530 sqft | AED 852KAED 851,888 · Jun 2010June 2010 | 110,000 /yr |
1204, South Ridge Towers 1 in numbers
- Sold twice: first on 10 August 2010 for AED 812,752, last on 26 April 2023 for AED 1,550,000 (AED 1,693 per sqft).
- Rented since May 2015 on 7 Ejari contracts. The rent fell from AED 135,000 to AED 53,500 in 2020 and recovered to AED 77,000 by December 2021.
- At AED 77,000 a year the gross yield on the 2023 price is 5.0%, before a service charge of about AED 17,500 a year (AED 19.17 per sqft).
- One-beds in South Ridge Towers 1 sold for AED 1,770,000–1,825,000 in the 12 months to November 2026; the building's median across all types is AED 2,049 per sqft.
Source: Dubai Land Department. Updated 26 April 2023.
Questions about 1204, South Ridge Towers 1
What did unit 1204 last sell for?
AED 1,550,000 on 26 April 2023: AED 1,693 per sqft for 915 sqft. The unit has 2 registered sales; the first was AED 812,752 in August 2010.
What is the rent for unit 1204?
AED 77,000 a year on the contract renewed on 22 December 2021. The previous contract, from December 2020, was AED 53,500; the unit has been rented since May 2015.
How big is unit 1204?
915 sqft (85.0 sqm): a one-bedroom apartment on the 12th floor of a 39-storey tower completed in 2008.
What is unit 1204 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in South Ridge Towers 1 sold for AED 1,770,000 to 1,825,000 in the last 12 months, around AED 1,828 per sqft.
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Mortgage on 1204, South Ridge Towers 1
Starts from the last sale price (AED 1.55M, 26 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →