304, South Ridge Towers 1
Sold prices and rental history: sold once, by the developer in August 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 304, South Ridge Towers 1
What is 304 worth today?
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Source: Dubai Land Department. Updated 15 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 911 sqft
- Floor
- 3rd of 39
- Parking
- B2-065
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 17,500 /yr
- Last sold
- AED 774K · August 2011
- Building
- South Ridge Towers 1
About 304, South Ridge Towers 1
304 is a one-bedroom apartment of 911 sqft on the 3rd floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 16 August 2011 for AED 773,951, or AED 849 per sqft, 10% below the AED 943 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 15 September 2026, is AED 80,000 a year: a gross yield of 10.3% on the 2011 price, before the service charge of about AED 17,500 a year.
Sales and rents for 304 over time
304 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 304 sits
All 73 1-beds →304 last sold in August 2011 at AED 849 per sqft, 10% below 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. 304's AED 80,000 is in the lower 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 3rd floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,488 sqft | AED 3.05MAED 3,050,000 · Mar 2026March 2026 | 170,568 /yr | |
| 302 | 3-bed | 2,108 sqft | AED 3MAED 3,000,000 · Jun 2022June 2022 | 230,000 /yr | |
| 303 | 2-bed | 1,638 sqft | AED 2.8MAED 2,800,000 · Nov 2022November 2022 | 122,850 /yr | |
| 305 | 1-bed | 1,057 sqft | AED 822KAED 821,888 · Feb 2011February 2011 | 127,500 /yr |
304, South Ridge Towers 1 in numbers
- Sold once: by Emaar on 16 August 2011 for AED 773,951, or AED 849 per sqft.
- Rented since June 2013 on 13 Ejari contracts. The rent fell from AED 80,000 to AED 55,000 in 2022 and recovered to AED 80,000 by September 2026.
- At AED 80,000 a year the gross yield on the 2011 price is 10.3%, 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 15 September 2026.
Questions about 304, South Ridge Towers 1
What did unit 304 last sell for?
AED 773,951 on 16 August 2011, sold by the developer: AED 849 per sqft for 911 sqft. It is the only registered sale of the unit.
What is the rent for unit 304?
AED 80,000 a year on the contract signed on 15 September 2026. The previous contract, from January 2026, was AED 96,600; the unit has been rented since June 2013.
How big is unit 304?
911 sqft (84.6 sqm): a one-bedroom apartment on the 3rd floor of a 39-storey tower completed in 2008.
What is unit 304 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 304, South Ridge Towers 1
Starts from the last sale price (AED 774K, 16 August 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 773,951
- Deposit, UAE resident (20%)
- AED 154,790
- Deposit, non-resident (40%)
- AED 309,580
- Monthly over 25 years at 3.7%
- AED 3,166
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →