1304, South Ridge Towers 1
Sold prices and rental history: sold once, by the developer in September 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1304, South Ridge Towers 1
What is 1304 worth today?
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Source: Dubai Land Department. Updated 1 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 915 sqft
- Floor
- 13th of 39
- Parking
- B2-028
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 17,500 /yr
- Last sold
- AED 862K · September 2011
- Building
- South Ridge Towers 1
About 1304, South Ridge Towers 1
1304 is a one-bedroom apartment of 915 sqft on the 13th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 20 September 2011 for AED 861,888, or AED 941 per sqft, in line with the AED 942 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 110,000 a year: a gross yield of 12.8% on the 2011 price, before the service charge of about AED 17,500 a year.
Sales and rents for 1304 over time
1304 has sold once; 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 1304 sits
All 73 1-beds →1304 last sold in September 2011 at AED 941 per sqft, in line with what one-beds in South Ridge Towers 1 were fetching at the time (AED 942). 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. 1304's AED 110,000 is in the upper 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 13th floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 1,491 sqft | AED 1.43MAED 1,425,000 · Mar 2012March 2012 | 145,000 /yr | |
| 1302 | 3-bed | 2,102 sqft | AED 4.8MAED 4,800,000 · Nov 2024November 2024 | 300,000 /yr | |
| 1303 | 2-bed | 1,635 sqft | AED 2.3MAED 2,300,000 · Sep 2021September 2021 | 157,000 /yr | |
| 1305 | 1-bed | 530 sqft | AED 876KAED 875,888 · Jun 2010June 2010 | 90,000 /yr |
1304, South Ridge Towers 1 in numbers
- Sold once: by Emaar on 20 September 2011 for AED 861,888, or AED 941 per sqft.
- Rented since January 2013 on 13 Ejari contracts. The rent fell from AED 84,000 to AED 65,000 in 2021 and recovered to AED 110,000 by May 2025.
- At AED 110,000 a year the gross yield on the 2011 price is 12.8%, 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 1 May 2025.
Questions about 1304, South Ridge Towers 1
What did unit 1304 last sell for?
AED 861,888 on 20 September 2011, sold by the developer: AED 941 per sqft for 915 sqft. It is the only registered sale of the unit.
What is the rent for unit 1304?
AED 110,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2024, was AED 110,000; the unit has been rented since January 2013.
How big is unit 1304?
915 sqft (85.0 sqm): a one-bedroom apartment on the 13th floor of a 39-storey tower completed in 2008.
What is unit 1304 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 1304, South Ridge Towers 1
Starts from the last sale price (AED 862K, 20 September 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 861,888
- Deposit, UAE resident (20%)
- AED 172,378
- Deposit, non-resident (40%)
- AED 344,755
- Monthly over 25 years at 3.7%
- AED 3,526
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →