2304, South Ridge Towers 1
Sold prices and rental history: sold once, by the developer in October 2011, 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 2304, South Ridge Towers 1
What is 2304 worth today?
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Source: Dubai Land Department. Updated 1 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 915 sqft
- Floor
- 23rd of 39
- Parking
- B2-006
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 17,500 /yr
- Last sold
- AED 904K · October 2011
- Building
- South Ridge Towers 1
About 2304, South Ridge Towers 1
2304 is a one-bedroom apartment of 915 sqft on the 23rd floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 25 October 2011 for AED 903,888, or AED 987 per sqft, 5% above the AED 943 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 1 November 2025, is AED 115,000 a year: a gross yield of 12.7% on the 2011 price, before the service charge of about AED 17,500 a year.
Sales and rents for 2304 over time
2304 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 2304 sits
All 73 1-beds →2304 last sold in October 2011 at AED 987 per sqft, 5% above what one-beds in South Ridge Towers 1 were fetching at the time (AED 943). 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. 2304's AED 115,000 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 23rd floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 2-bed | 1,491 sqft | AED 2.6MAED 2,600,000 · Oct 2015October 2015 | 165,000 /yr | |
| 2302 | 3-bed | 2,102 sqft | AED 4.25MAED 4,250,000 · Jul 2023July 2023 | 190,000 /yr | |
| 2303 | 2-bed | 1,635 sqft | AED 4.15MAED 4,150,000 · Apr 2026April 2026 | 122,400 /yr | |
| 2305 | 1-bed | 1,060 sqft | AED 2.05MAED 2,050,000 · Sep 2014September 2014 | 107,000 /yr |
2304, South Ridge Towers 1 in numbers
- Sold once: by Emaar on 25 October 2011 for AED 903,888, or AED 987 per sqft.
- Rented since December 2015 on 11 Ejari contracts. The rent fell from AED 112,000 to AED 85,000 in 2021 and recovered to AED 115,000 by November 2025.
- At AED 115,000 a year the gross yield on the 2011 price is 12.7%, 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 November 2025.
Questions about 2304, South Ridge Towers 1
What did unit 2304 last sell for?
AED 903,888 on 25 October 2011, sold by the developer: AED 987 per sqft for 915 sqft. It is the only registered sale of the unit.
What is the rent for unit 2304?
AED 115,000 a year on the contract signed on 1 November 2025. The previous contract, from April 2025, was AED 105,000; the unit has been rented since December 2015.
How big is unit 2304?
915 sqft (85.0 sqm): a one-bedroom apartment on the 23rd floor of a 39-storey tower completed in 2008.
What is unit 2304 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 2304, South Ridge Towers 1
Starts from the last sale price (AED 904K, 25 October 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 903,888
- Deposit, UAE resident (20%)
- AED 180,778
- Deposit, non-resident (40%)
- AED 361,555
- Monthly over 25 years at 3.7%
- AED 3,698
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →