1-bed · 915 sqftSouth Ridge Towers 1, Downtown Dubai · 27th floor · completed 2008

2704, South Ridge Towers 1

Sold prices and rental history: sold twice, last in May 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2704 · DLD and Ejari recordsUpdated 25 April 2026
Last soldAED 1.55M9 May 2017
Current rentAED 113K /yr25 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2704, South Ridge Towers 1

What is 2704 worth today?

Last sold for AED 1,550,000 in 2017

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25 Apr 2026RentedRenewal
AED 113,300/yr12 months · AED 124 per sqft
25 Apr 2025RentedRenewal
AED 113,300/yr12 months · AED 124 per sqft
25 Apr 2025RentedRenewal
AED 113,300/yr12 months · AED 124 per sqft
25 Apr 2024RentedNew contract
AED 110,000/yr12 months · AED 120 per sqft
16 Mar 2023RentedNew contract
AED 110,000/yr12 months · AED 120 per sqft
15 Mar 2022RentedRenewal
AED 80,000/yr12 months · AED 87 per sqft
15 Mar 2021RentedRenewal
AED 75,000/yr12 months · AED 82 per sqft
15 Mar 2020RentedNew contract
AED 80,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 25 April 2026.

Key facts

Type
1-bed apartment
Size
915 sqft
Floor
27th of 39
Parking
B2-005
Developer
Emaar
Completed
2008
Service charge
AED 17,500 /yr
Last sold
AED 1.55M · May 2017

About 2704, South Ridge Towers 1

2704 is a one-bedroom apartment of 915 sqft on the 27th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 9 May 2017 for AED 1,550,000, or AED 1,693 per sqft, in line with the AED 1,693 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 25 April 2026, is AED 113,300 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 17,500 a year.

Sales and rents for 2704 over time

Sales
Unit 2704, each saleTypical one-bed in South Ridge Towers 1
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 849,063; 2010 AED 889,388; 2011 AED 977,888; 2012 AED 1,125,000; 2013 AED 1,062,106; 2014 AED 1,825,000; 2015 AED 1,750,000; 2017 AED 1,550,000; 2018 AED 1,450,000; 2019 AED 1,104,419; 2020 AED 1,070,000; 2021 AED 1,162,500; 2022 AED 1,350,000; 2023 AED 1,550,000; 2024 AED 1,787,500; 2025 AED 1,900,000Sold by developer, August 2010: AED 901,888 (AED 985 per sqft)Sold, May 2017: AED 1,550,000 (AED 1,693 per sqft)

2704 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2704, each contractTypical one-bed in South Ridge Towers 1
75K100K125K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 89,250; 2014 AED 105,000; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 107,500; 2018 AED 95,000; 2019 AED 84,000; 2020 AED 72,000; 2021 AED 72,000; 2022 AED 80,500; 2023 AED 95,000; 2024 AED 109,992; 2025 AED 115,000; 2026 AED 103,950New contract, November 2013: AED 89,250 a yearNew contract, August 2014: AED 125,000 a yearNew contract, May 2016: AED 110,000 a yearNew contract, February 2019: AED 102,000 a yearNew contract, March 2020: AED 80,000 a yearRenewal, March 2021: AED 75,000 a yearRenewal, March 2022: AED 80,000 a yearNew contract, March 2023: AED 110,000 a yearNew contract, April 2024: AED 110,000 a yearRenewal, April 2025: AED 113,300 a yearRenewal, April 2025: AED 113,300 a yearRenewal, April 2026: AED 113,300 a year

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 2704 sits

All 73 1-beds →

2704 last sold in May 2017 at AED 1,693 per sqft, in line with what one-beds in South Ridge Towers 1 were fetching at the time (AED 1,693). 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. 2704's AED 113,300 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Jul 20261,770,000
25 Jun 20261,825,000
5 Nov 20251,825,000
16 Sep 20251,900,000
2 1-bed sales in the last 12 months

South Ridge Towers 1

Building

188 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%
South Ridge Towers 1, Downtown Dubai: prices, sales and rents →

Other units on the 27th floor

All 188 units in South Ridge Towers 1
Value
27012-bedAED 3M · Feb 2025
27023-bedAED 3.9M · Jul 2015
27032-bedAED 3.65M · Oct 2015
27051-bedAED 1.83M · Jun 2026

2704, South Ridge Towers 1 in numbers

  • Sold twice: first on 10 August 2010 for AED 901,888, last on 9 May 2017 for AED 1,550,000 (AED 1,693 per sqft).
  • Rented since November 2013 on 12 Ejari contracts. The rent fell from AED 89,250 to AED 75,000 in 2021 and recovered to AED 113,300 by April 2026.
  • At AED 113,300 a year the gross yield on the 2017 price is 7.3%, 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 25 April 2026.

Questions about 2704, South Ridge Towers 1

What did unit 2704 last sell for?

AED 1,550,000 on 9 May 2017: AED 1,693 per sqft for 915 sqft. The unit has 2 registered sales; the first was AED 901,888 in August 2010.

What is the rent for unit 2704?

AED 113,300 a year on the contract renewed on 25 April 2026. The previous contract, from April 2025, was AED 113,300; the unit has been rented since November 2013.

How big is unit 2704?

915 sqft (85.0 sqm): a one-bedroom apartment on the 27th floor of a 39-storey tower completed in 2008.

What is unit 2704 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 2704, South Ridge Towers 1

Starts from the last sale price (AED 1.55M, 9 May 2017). 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 →