1-bed · 915 sqftSouth Ridge Towers 1, Downtown Dubai · 32nd floor · completed 2008

3204, South Ridge Towers 1

Sold prices and rental history: sold 3 times, last in May 2025, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3204 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 1.78M7 May 2025
Current rentAED 120K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3204, South Ridge Towers 1

What is 3204 worth today?

Last sold for AED 1,775,000 in 2025

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1 Jun 2025RentedNew contract
AED 120,000/yr12 months · AED 131 per sqft
1 Jun 2025RentedNew contract
AED 120,000/yr12 months · AED 131 per sqft
7 May 2025SoldReady
AED 1,775,000AED 1,939 per sqft
24 Nov 2024RentedRenewal
AED 92,400/yr6 months · AED 101 per sqft
24 Nov 2023RentedRenewal
AED 84,000/yr12 months · AED 92 per sqft
24 Nov 2022RentedRenewal
AED 80,000/yr12 months · AED 87 per sqft
24 Nov 2021RentedNew contract
AED 70,000/yr12 months · AED 77 per sqft
23 Feb 2021RentedRenewal
AED 64,760/yr9 months · AED 71 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
1-bed apartment
Size
915 sqft
Floor
32nd of 39
Parking
B2-064
Developer
Emaar
Completed
2008
Service charge
AED 17,500 /yr
Last sold
AED 1.78M · May 2025

About 3204, South Ridge Towers 1

3204 is a one-bedroom apartment of 915 sqft on the 32nd floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 7 May 2025 for AED 1,775,000, or AED 1,939 per sqft, 5% above the AED 1,855 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, signed on 1 June 2025, is AED 120,000 a year: a gross yield of 6.8% on the 2025 price, before the service charge of about AED 17,500 a year.

Sales and rents for 3204 over time

Sales
Unit 3204, 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, April 2009: AED 459,787 (AED 502 per sqft)Sold, May 2017: AED 800,000 (AED 874 per sqft)Sold, May 2025: AED 1,775,000 (AED 1,939 per sqft)

3204 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3204, each contractTypical one-bed in South Ridge Towers 1
100K2012201620202024Typical 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, July 2012: AED 70,000 a yearNew contract, July 2013: AED 75,000 a yearNew contract, July 2014: AED 80,000 a yearNew contract, July 2015: AED 84,000 a yearNew contract, November 2018: AED 90,000 a yearNew contract, November 2019: AED 74,000 a yearRenewal, November 2020: AED 65,000 a yearRenewal, February 2021: AED 64,760 a yearNew contract, November 2021: AED 70,000 a yearRenewal, November 2022: AED 80,000 a yearRenewal, November 2023: AED 84,000 a yearRenewal, November 2024: AED 92,400 a yearNew contract, June 2025: AED 120,000 a yearNew contract, June 2025: AED 120,000 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 3204 sits

All 73 1-beds →

3204 last sold in May 2025 at AED 1,939 per sqft, 5% above what one-beds in South Ridge Towers 1 were fetching at the time (AED 1,855). 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. 3204's AED 120,000 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 32nd floor

All 188 units in South Ridge Towers 1
Value
32012-bedAED 1.48M · Mar 2009
32023-bedAED 2.27M · Dec 2009
32032-bedAED 2.93M · Feb 2018
32051-bedAED 1.43M · Jan 2013

3204, South Ridge Towers 1 in numbers

  • Sold 3 times: first on 5 April 2009 for AED 459,787, last on 7 May 2025 for AED 1,775,000 (AED 1,939 per sqft).
  • Rented since July 2012 on 14 Ejari contracts, from AED 70,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2025 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 1 June 2025.

Questions about 3204, South Ridge Towers 1

What did unit 3204 last sell for?

AED 1,775,000 on 7 May 2025: AED 1,939 per sqft for 915 sqft. The unit has 3 registered sales; the first was AED 459,787 in April 2009.

What is the rent for unit 3204?

AED 120,000 a year on the contract signed on 1 June 2025. The previous contract, from June 2025, was AED 120,000; the unit has been rented since July 2012.

How big is unit 3204?

915 sqft (85.0 sqm): a one-bedroom apartment on the 32nd floor of a 39-storey tower completed in 2008.

What is unit 3204 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 3204, South Ridge Towers 1

Starts from the last sale price (AED 1.78M, 7 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,775,000
Deposit, UAE resident (20%)
AED 355,000
Deposit, non-resident (40%)
AED 710,000
Monthly over 25 years at 3.7%
AED 7,262

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