1-bed · 915 sqftSouth Ridge Towers 1, Downtown Dubai · 37th floor · completed 2008

3704, South Ridge Towers 1

Sold prices and rental history: sold 4 times, last in January 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3704 · DLD and Ejari recordsUpdated 9 January 2025
Last soldAED 2.13M9 January 2025
Current rentAED 140K /yr22 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3704, South Ridge Towers 1

What is 3704 worth today?

Last sold for AED 2,125,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 Jan 2025SoldReady
AED 2,125,000AED 2,322 per sqft
22 Mar 2024RentedNew contract
AED 140,000/yr12 months · AED 153 per sqft
2 May 2023SoldReady
AED 1,500,000AED 1,639 per sqft
5 Aug 2022RentedRenewal
AED 77,000/yr12 months · AED 84 per sqft
5 Aug 2021RentedNew contract
AED 70,000/yr12 months · AED 77 per sqft
10 Jun 2020RentedRenewal
AED 75,000/yr12 months · AED 82 per sqft
10 Jun 2019RentedNew contract
AED 80,000/yr12 months · AED 87 per sqft
3 Jun 2018RentedNew contract
AED 110,000/yr12 months · AED 120 per sqft

Source: Dubai Land Department. Updated 9 January 2025.

Key facts

Type
1-bed apartment
Size
915 sqft
Floor
37th of 39
Parking
B2-096
Developer
Emaar
Completed
2008
Service charge
AED 17,500 /yr
Last sold
AED 2.13M · January 2025

About 3704, South Ridge Towers 1

3704 is a one-bedroom apartment of 915 sqft on the 37th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 9 January 2025 for AED 2,125,000, or AED 2,322 per sqft, 30% above the AED 1,785 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 22 March 2024, is AED 140,000 a year: a gross yield of 6.6% on the 2025 price, before the service charge of about AED 17,500 a year.

Sales and rents for 3704 over time

Sales
Unit 3704, 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, December 2009: AED 958,251 (AED 1,047 per sqft)Sold, April 2017: AED 1,550,000 (AED 1,693 per sqft)Sold, May 2023: AED 1,500,000 (AED 1,639 per sqft)Sold, January 2025: AED 2,125,000 (AED 2,322 per sqft)

3704 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3704, each contractTypical one-bed in South Ridge Towers 1
100K150K2012201620202024Typical 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, June 2017: AED 110,000 a yearNew contract, June 2018: AED 110,000 a yearNew contract, June 2019: AED 80,000 a yearRenewal, June 2020: AED 75,000 a yearNew contract, August 2021: AED 70,000 a yearRenewal, August 2022: AED 77,000 a yearNew contract, March 2024: AED 140,000 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 3704 sits

All 73 1-beds →

3704 last sold in January 2025 at AED 2,322 per sqft, 30% above what one-beds in South Ridge Towers 1 were fetching at the time (AED 1,785). 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. 3704's AED 140,000 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 37th floor

All 188 units in South Ridge Towers 1
Value
37012-bedAED 2.85M · Nov 2024
37023-bedAED 3.27M · May 2012
37032-bedAED 2.5M · Oct 2011
37051-bedAED 998K · Apr 2009

3704, South Ridge Towers 1 in numbers

  • Sold 4 times: first on 10 December 2009 for AED 958,251, last on 9 January 2025 for AED 2,125,000 (AED 2,322 per sqft).
  • Rented since June 2017 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 70,000 in 2021 and recovered to AED 140,000 by March 2024.
  • At AED 140,000 a year the gross yield on the 2025 price is 6.6%, 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 9 January 2025.

Questions about 3704, South Ridge Towers 1

What did unit 3704 last sell for?

AED 2,125,000 on 9 January 2025: AED 2,322 per sqft for 915 sqft. The unit has 4 registered sales; the first was AED 958,251 in December 2009.

What is the rent for unit 3704?

AED 140,000 a year on the contract signed on 22 March 2024. The previous contract, from August 2022, was AED 77,000; the unit has been rented since June 2017.

How big is unit 3704?

915 sqft (85.0 sqm): a one-bedroom apartment on the 37th floor of a 39-storey tower completed in 2008.

What is unit 3704 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.

Selling 3704? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 3704, South Ridge Towers 1

Starts from the last sale price (AED 2.13M, 9 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,125,000
Deposit, UAE resident (20%)
AED 425,000
Deposit, non-resident (40%)
AED 850,000
Monthly over 25 years at 3.7%
AED 8,694

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