504, South Ridge Towers 1
Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, South Ridge Towers 1
What is 504 worth today?
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Source: Dubai Land Department. Updated 18 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 915 sqft
- Floor
- 5th of 39
- Parking
- B2-083
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 17,500 /yr
- Last sold
- AED 1.45M · July 2022
- Building
- South Ridge Towers 1
About 504, South Ridge Towers 1
504 is a one-bedroom apartment of 915 sqft on the 5th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 7 July 2022 for AED 1,450,000, or AED 1,584 per sqft, 21% above the AED 1,311 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 18 October 2026, is AED 100,000 a year: a gross yield of 6.9% on the 2022 price, before the service charge of about AED 17,500 a year.
Sales and rents for 504 over time
504 has sold 3 times; 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 504 sits
All 73 1-beds →504 last sold in July 2022 at AED 1,584 per sqft, 21% above what one-beds in South Ridge Towers 1 were fetching at the time (AED 1,311). 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. 504's AED 100,000 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 5th floor
All 188 units in South Ridge Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,491 sqft | AED 2.6MAED 2,600,000 · Oct 2024October 2024 | 124,334 /yr | |
| 502 | 3-bed | 2,102 sqft | AED 2.95MAED 2,950,000 · Aug 2012August 2012 | 110,000 /yr | |
| 503 | 2-bed | 1,635 sqft | AED 3MAED 3,000,000 · Jun 2016June 2016 | 140,000 /yr | |
| 505 | 1-bed | 1,060 sqft | AED 817KAED 816,888 · Feb 2010February 2010 | 101,871 /yr |
504, South Ridge Towers 1 in numbers
- Sold 3 times: first on 9 December 2010 for AED 2,472,000, last on 7 July 2022 for AED 1,450,000 (AED 1,584 per sqft).
- Rented since July 2014 on 11 Ejari contracts. The rent fell from AED 125,000 to AED 62,500 in 2020 and recovered to AED 100,000 by October 2026.
- At AED 100,000 a year the gross yield on the 2022 price is 6.9%, 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 18 October 2026.
Questions about 504, South Ridge Towers 1
What did unit 504 last sell for?
AED 1,450,000 on 7 July 2022: AED 1,584 per sqft for 915 sqft. The unit has 3 registered sales; the first was AED 2,472,000 in December 2010.
What is the rent for unit 504?
AED 100,000 a year on the contract signed on 18 October 2026. The previous contract, from August 2025, was AED 120,000; the unit has been rented since July 2014.
How big is unit 504?
915 sqft (85.0 sqm): a one-bedroom apartment on the 5th floor of a 39-storey tower completed in 2008.
What is unit 504 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 504, South Ridge Towers 1
Starts from the last sale price (AED 1.45M, 7 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →