1-bed · 915 sqftSouth Ridge Towers 1, Downtown Dubai · 31st floor · completed 2008

3104, South Ridge Towers 1

Sold prices and rental history: sold twice, last in April 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3104 · DLD and Ejari recordsUpdated 7 December 2023
Last soldAED 1.55M10 April 2016
Current rentAED 105K /yr7 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3104, South Ridge Towers 1

What is 3104 worth today?

Last sold for AED 1,550,000 in 2016

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7 Dec 2023RentedNew contract
AED 105,000/yr12 months · AED 115 per sqft
7 Jul 2022RentedNew contract
AED 75,000/yr12 months · AED 82 per sqft
1 Apr 2021RentedNew contract
AED 60,000/yr12 months · AED 66 per sqft
10 Feb 2020RentedRenewal
AED 82,000/yr12 months · AED 90 per sqft
10 Feb 2019RentedNew contract
AED 85,000/yr12 months · AED 93 per sqft
20 Jan 2017RentedNew contract
AED 110,000/yr12 months · AED 120 per sqft
10 Apr 2016SoldReady
AED 1,550,000AED 1,693 per sqft
21 Feb 2015RentedNew contract
AED 98,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 7 December 2023.

Key facts

Type
1-bed apartment
Size
915 sqft
Floor
31st of 39
Parking
B2-026
Developer
Emaar
Completed
2008
Service charge
AED 17,500 /yr
Last sold
AED 1.55M · April 2016

About 3104, South Ridge Towers 1

3104 is a one-bedroom apartment of 915 sqft on the 31st floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 10 April 2016 for AED 1,550,000, or AED 1,693 per sqft, in line with the AED 1,647 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 7 December 2023, is AED 105,000 a year: a gross yield of 6.8% on the 2016 price, before the service charge of about AED 17,500 a year.

Sales and rents for 3104 over time

Sales
Unit 3104, each saleTypical one-bed in South Ridge Towers 1
1M2M2009201420192024Typical 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, June 2010: AED 2,157,850 (AED 2,358 per sqft)Sold, April 2016: AED 1,550,000 (AED 1,693 per sqft)

3104 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3104, each contractTypical one-bed in South Ridge Towers 1
75K100K2012201620202024Typical 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, February 2015: AED 98,000 a yearNew contract, January 2017: AED 110,000 a yearNew contract, February 2019: AED 85,000 a yearRenewal, February 2020: AED 82,000 a yearNew contract, April 2021: AED 60,000 a yearNew contract, July 2022: AED 75,000 a yearNew contract, December 2023: AED 105,000 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 3104 sits

All 73 1-beds →

3104 last sold in April 2016 at AED 1,693 per sqft, in line with what one-beds in South Ridge Towers 1 were fetching at the time (AED 1,647). 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. 3104's AED 105,000 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 31st floor

All 188 units in South Ridge Towers 1
Value
31012-bedAED 2.95M · May 2025
31023-bedAED 4.6M · Nov 2023
31032-bedAED 3.65M · Jun 2025
31051-bedAED 1.07M · Feb 2020

3104, South Ridge Towers 1 in numbers

  • Sold twice: first on 23 June 2010 for AED 2,157,850, last on 10 April 2016 for AED 1,550,000 (AED 1,693 per sqft).
  • Rented since February 2015 on 7 Ejari contracts. The rent fell from AED 98,000 to AED 60,000 in 2021 and recovered to AED 105,000 by December 2023.
  • At AED 105,000 a year the gross yield on the 2016 price is 6.8%, 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 7 December 2023.

Questions about 3104, South Ridge Towers 1

What did unit 3104 last sell for?

AED 1,550,000 on 10 April 2016: AED 1,693 per sqft for 915 sqft. The unit has 2 registered sales; the first was AED 2,157,850 in June 2010.

What is the rent for unit 3104?

AED 105,000 a year on the contract signed on 7 December 2023. The previous contract, from July 2022, was AED 75,000; the unit has been rented since February 2015.

How big is unit 3104?

915 sqft (85.0 sqm): a one-bedroom apartment on the 31st floor of a 39-storey tower completed in 2008.

What is unit 3104 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 3104, South Ridge Towers 1

Starts from the last sale price (AED 1.55M, 10 April 2016). 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 →