404, South Ridge Towers 1
Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, South Ridge Towers 1
What is 404 worth today?
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Source: Dubai Land Department. Updated 24 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 915 sqft
- Floor
- 4th of 39
- Parking
- B2-085
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 17,500 /yr
- Last sold
- AED 790K · March 2011
- Building
- South Ridge Towers 1
About 404, South Ridge Towers 1
404 is a one-bedroom apartment of 915 sqft on the 4th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 8 March 2011 for AED 789,888, or AED 863 per sqft, 4% below the AED 899 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 24 January 2026, is AED 145,000 a year: a gross yield of 18.4% on the 2011 price, before the service charge of about AED 17,500 a year.
Sales and rents for 404 over time
404 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 404 sits
All 73 1-beds →404 last sold in March 2011 at AED 863 per sqft, 4% below what one-beds in South Ridge Towers 1 were fetching at the time (AED 899). 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. 404's AED 145,000 is in the upper 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 4th floor
All 188 units in South Ridge Towers 1404, South Ridge Towers 1 in numbers
- Sold once: by Emaar on 8 March 2011 for AED 789,888, or AED 863 per sqft.
- Rented since October 2016 on 8 Ejari contracts. The rent fell from AED 122,500 to AED 75,000 in 2021 and recovered to AED 145,000 by January 2026.
- At AED 145,000 a year the gross yield on the 2011 price is 18.4%, 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 24 January 2026.
Questions about 404, South Ridge Towers 1
What did unit 404 last sell for?
AED 789,888 on 8 March 2011, sold by the developer: AED 863 per sqft for 915 sqft. It is the only registered sale of the unit.
What is the rent for unit 404?
AED 145,000 a year on the contract signed on 24 January 2026. The previous contract, from September 2023, was AED 120,000; the unit has been rented since October 2016.
How big is unit 404?
915 sqft (85.0 sqm): a one-bedroom apartment on the 4th floor of a 39-storey tower completed in 2008.
What is unit 404 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 404, South Ridge Towers 1
Starts from the last sale price (AED 790K, 8 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 789,888
- Deposit, UAE resident (20%)
- AED 157,978
- Deposit, non-resident (40%)
- AED 315,955
- Monthly over 25 years at 3.7%
- AED 3,232
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →