1-bed · 915 sqftSouth Ridge Towers 1, Downtown Dubai · 29th floor · completed 2008

2904, South Ridge Towers 1

Sold prices and rental history: sold once, by the developer in December 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2904 · DLD and Ejari recordsUpdated 12 July 2026
Last soldAED 1.02M25 December 2011
Current rentAED 104K /yr12 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2904, South Ridge Towers 1

What is 2904 worth today?

Last sold for AED 1,024,099 in 2011

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12 Jul 2026RentedRenewal
AED 104,439/yr12 months · AED 114 per sqft
13 Jul 2025RentedRenewal
AED 105,000/yr12 months · AED 115 per sqft
13 Jul 2025RentedRenewal
AED 105,000/yr12 months · AED 115 per sqft
13 Jul 2024RentedNew contract
AED 100,000/yr12 months · AED 109 per sqft
22 Nov 2019RentedNew contract
AED 75,000/yr12 months · AED 82 per sqft
27 Jun 2018RentedRenewal
AED 90,000/yr12 months · AED 98 per sqft
27 Jun 2017RentedRenewal
AED 100,000/yr12 months · AED 109 per sqft
27 Aug 2016RentedNew contract
AED 100,000/yr10 months · AED 109 per sqft

Source: Dubai Land Department. Updated 12 July 2026.

Key facts

Type
1-bed apartment
Size
915 sqft
Floor
29th of 39
Parking
B2-086
Developer
Emaar
Completed
2008
Service charge
AED 17,500 /yr
Last sold
AED 1.02M · December 2011

About 2904, South Ridge Towers 1

2904 is a one-bedroom apartment of 915 sqft on the 29th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 25 December 2011 for AED 1,024,099, or AED 1,119 per sqft, 19% above the AED 943 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 12 July 2026, is AED 104,439 a year: a gross yield of 10.2% on the 2011 price, before the service charge of about AED 17,500 a year.

Sales and rents for 2904 over time

Sales
Unit 2904, 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, December 2011: AED 1,024,099 (AED 1,119 per sqft)

2904 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2904, each contractTypical one-bed in South Ridge Towers 1
80K100K120K2012201620202024Typical 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, March 2013: AED 85,000 a yearNew contract, March 2014: AED 89,250 a yearNew contract, March 2015: AED 98,175 a yearNew contract, August 2015: AED 100,000 a yearNew contract, August 2016: AED 100,000 a yearRenewal, June 2017: AED 100,000 a yearRenewal, June 2018: AED 90,000 a yearNew contract, November 2019: AED 75,000 a yearNew contract, July 2024: AED 100,000 a yearRenewal, July 2025: AED 105,000 a yearRenewal, July 2025: AED 105,000 a yearRenewal, July 2026: AED 104,439 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 2904 sits

All 73 1-beds →

2904 last sold in December 2011 at AED 1,119 per sqft, 19% 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. 2904's AED 104,439 is in the lower 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 29th floor

All 188 units in South Ridge Towers 1
Value
29012-bedAED 704K · Oct 2015
29023-bedAED 3M · Jul 2019
29032-bedAED 4.23M · Jun 2010
29051-bedAED 2M · Apr 2025

2904, South Ridge Towers 1 in numbers

  • Sold once: by Emaar on 25 December 2011 for AED 1,024,099, or AED 1,119 per sqft.
  • Rented since March 2013 on 12 Ejari contracts. The rent fell from AED 85,000 to AED 75,000 in 2019 and recovered to AED 104,439 by July 2026.
  • At AED 104,439 a year the gross yield on the 2011 price is 10.2%, 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 12 July 2026.

Questions about 2904, South Ridge Towers 1

What did unit 2904 last sell for?

AED 1,024,099 on 25 December 2011, sold by the developer: AED 1,119 per sqft for 915 sqft. It is the only registered sale of the unit.

What is the rent for unit 2904?

AED 104,439 a year on the contract renewed on 12 July 2026. The previous contract, from July 2025, was AED 105,000; the unit has been rented since March 2013.

How big is unit 2904?

915 sqft (85.0 sqm): a one-bedroom apartment on the 29th floor of a 39-storey tower completed in 2008.

What is unit 2904 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 2904, South Ridge Towers 1

Starts from the last sale price (AED 1.02M, 25 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,024,099
Deposit, UAE resident (20%)
AED 204,820
Deposit, non-resident (40%)
AED 409,640
Monthly over 25 years at 3.7%
AED 4,190

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →