204, South Ridge Towers 1
Sold prices and rental history: sold once, by the developer in January 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 204, South Ridge Towers 1
What is 204 worth today?
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Source: Dubai Land Department. Updated 18 April 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 2,355 sqft
- Floor
- 2nd of 39
- Parking
- B1-029
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 45,100 /yr
- Last sold
- AED 1.34M · January 2009
- Building
- South Ridge Towers 1
About 204, South Ridge Towers 1
204 is a two-bedroom apartment of 2,355 sqft on the 2nd floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 28 January 2009 for AED 1,338,888, or AED 568 per sqft, 44% below the AED 1,006 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, signed on 18 April 2026, is AED 205,000 a year: a gross yield of 15.3% on the 2009 price, before the service charge of about AED 45,100 a year.
Sales and rents for 204 over time
204 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in South Ridge Towers 1, and where 204 sits
All 76 2-beds →204 last sold in January 2009 at AED 568 per sqft, 44% below what two-beds in South Ridge Towers 1 were fetching at the time (AED 1,006). Over the last 12 months two-beds sold for AED 2,500,000 to 4,150,000, around AED 2,114 per sqft, and rent for AED 133,000 to 350,000 a year. 204's AED 205,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jul 202622 July 2026 | 1,491 sqft | 3,025,000 | 2,028 | ||
| 24 Apr 202624 April 2026 | 1,635 sqft | 4,150,000 | 2,538 | ||
| 15 Apr 202615 April 2026 | 1,491 sqft | 3,250,000 | 2,179 | ||
| 11 Mar 202611 March 2026 | 1,488 sqft | 3,050,000 | 2,049 |
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 2nd floor
All 188 units in South Ridge Towers 1204, South Ridge Towers 1 in numbers
- Sold once: by Emaar on 28 January 2009 for AED 1,338,888, or AED 568 per sqft.
- Rented since November 2012 on 14 Ejari contracts. The rent fell from AED 155,000 to AED 135,000 in 2022 and recovered to AED 205,000 by April 2026.
- At AED 205,000 a year the gross yield on the 2009 price is 15.3%, before a service charge of about AED 45,100 a year (AED 19.17 per sqft).
- Two-beds in South Ridge Towers 1 sold for AED 2,500,000–4,150,000 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 18 April 2026.
Questions about 204, South Ridge Towers 1
What did unit 204 last sell for?
AED 1,338,888 on 28 January 2009, sold by the developer: AED 568 per sqft for 2,355 sqft. It is the only registered sale of the unit.
What is the rent for unit 204?
AED 205,000 a year on the contract signed on 18 April 2026. The previous contract, from April 2025, was AED 205,000; the unit has been rented since November 2012.
How big is unit 204?
2,355 sqft (218.8 sqm): a two-bedroom apartment on the 2nd floor of a 39-storey tower completed in 2008.
What is unit 204 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in South Ridge Towers 1 sold for AED 2,500,000 to 4,150,000 in the last 12 months, around AED 2,114 per sqft.
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Mortgage on 204, South Ridge Towers 1
Starts from the last sale price (AED 1.34M, 28 January 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,338,888
- Deposit, UAE resident (20%)
- AED 267,778
- Deposit, non-resident (40%)
- AED 535,555
- Monthly over 25 years at 3.7%
- AED 5,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →