1-bed · 915 sqftSouth Ridge Towers 1, Downtown Dubai · 6th floor · completed 2008

604, South Ridge Towers 1

Sold prices and rental history: sold once, by the developer in January 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 10 September 2023
Last soldAED 802K14 January 2013
Current rentAED 98K /yr10 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, South Ridge Towers 1

What is 604 worth today?

Last sold for AED 801,888 in 2013

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10 Sep 2023RentedRenewal
AED 98,000/yr6 months · AED 107 per sqft
10 Mar 2023RentedRenewal
AED 98,000/yr6 months · AED 107 per sqft
10 Sep 2022RentedRenewal
AED 93,000/yr6 months · AED 102 per sqft
10 Mar 2022RentedRenewal
AED 85,000/yr6 months · AED 93 per sqft
10 Aug 2021RentedRenewal
AED 76,629/yr7 months · AED 84 per sqft
10 Aug 2020RentedRenewal
AED 73,000/yr12 months · AED 80 per sqft
10 Aug 2019RentedRenewal
AED 86,000/yr12 months · AED 94 per sqft
10 Aug 2018RentedNew contract
AED 88,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 10 September 2023.

Key facts

Type
1-bed apartment
Size
915 sqft
Floor
6th of 39
Parking
B2-082
Developer
Emaar
Completed
2008
Service charge
AED 17,500 /yr
Last sold
AED 802K · January 2013

About 604, South Ridge Towers 1

604 is a one-bedroom apartment of 915 sqft on the 6th floor of South Ridge Towers 1, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 14 January 2013 for AED 801,888, or AED 876 per sqft, 18% below the AED 1,067 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 10 September 2023, is AED 98,000 a year: a gross yield of 12.2% on the 2013 price, before the service charge of about AED 17,500 a year.

Sales and rents for 604 over time

Sales
Unit 604, each saleTypical one-bed in South Ridge Towers 1
1M1.5M2M2009201420192024Typical 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, January 2013: AED 801,888 (AED 876 per sqft)

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

Rents
Unit 604, each contractTypical one-bed in South Ridge Towers 1
80K100K120K2012201620202024Typical 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, August 2018: AED 88,000 a yearRenewal, August 2019: AED 86,000 a yearRenewal, August 2020: AED 73,000 a yearRenewal, August 2021: AED 76,629 a yearRenewal, March 2022: AED 85,000 a yearRenewal, September 2022: AED 93,000 a yearRenewal, March 2023: AED 98,000 a yearRenewal, September 2023: AED 98,000 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 604 sits

All 73 1-beds →

604 last sold in January 2013 at AED 876 per sqft, 18% below what one-beds in South Ridge Towers 1 were fetching at the time (AED 1,067). 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. 604's AED 98,000 is in the lower 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 6th floor

All 188 units in South Ridge Towers 1
Value
6012-bedAED 1.19M · Jun 2010
6023-bedAED 5.8M · Jan 2009
6032-bedAED 3.5M · Apr 2025
6051-bedAED 822K · Nov 2009

604, South Ridge Towers 1 in numbers

  • Sold once: by Emaar on 14 January 2013 for AED 801,888, or AED 876 per sqft.
  • Rented since August 2018 on 8 Ejari contracts. The rent fell from AED 88,000 to AED 73,000 in 2020 and recovered to AED 98,000 by September 2023.
  • At AED 98,000 a year the gross yield on the 2013 price is 12.2%, 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 10 September 2023.

Questions about 604, South Ridge Towers 1

What did unit 604 last sell for?

AED 801,888 on 14 January 2013, sold by the developer: AED 876 per sqft for 915 sqft. It is the only registered sale of the unit.

What is the rent for unit 604?

AED 98,000 a year on the contract renewed on 10 September 2023. The previous contract, from March 2023, was AED 98,000; the unit has been rented since August 2018.

How big is unit 604?

915 sqft (85.0 sqm): a one-bedroom apartment on the 6th floor of a 39-storey tower completed in 2008.

What is unit 604 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 604, South Ridge Towers 1

Starts from the last sale price (AED 802K, 14 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 801,888
Deposit, UAE resident (20%)
AED 160,378
Deposit, non-resident (40%)
AED 320,755
Monthly over 25 years at 3.7%
AED 3,281

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