1304, South Ridge Towers 2
Sold prices and rental history: sold twice, last in November 2018, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1304, South Ridge Towers 2
What is 1304 worth today?
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Source: Dubai Land Department. Updated 25 August 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 936 sqft
- Floor
- 13th of 33
- Parking
- B1-139
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 17,900 /yr
- Last sold
- AED 1.41M · November 2018
- Building
- South Ridge Towers 2
About 1304, South Ridge Towers 2
1304 is a one-bedroom apartment of 936 sqft on the 13th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 12 November 2018 for AED 1,405,000, or AED 1,501 per sqft, in line with the AED 1,501 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 25 August 2021, is AED 63,000 a year: a gross yield of 4.5% on the 2018 price, before the service charge of about AED 17,900 a year.
Sales and rents for 1304 over time
1304 has sold twice; 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 2, and where 1304 sits
All 95 1-beds →1304 last sold in November 2018 at AED 1,501 per sqft, in line with what one-beds in South Ridge Towers 2 were fetching at the time (AED 1,501). Over the last 12 months one-beds sold for AED 1,700,000 to 2,000,000, around AED 1,816 per sqft, and rent for AED 85,000 to 290,000 a year. 1304's AED 63,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 936 sqft | 1,700,000 | 1,816 | ||
| 1 Oct 20261 October 2026 | 1,089 sqft | 2,000,000 | 1,836 | ||
| 5 Aug 20265 August 2026 | 875 sqft | 26,811 | 30 | ||
| 13 Jul 202613 July 2026 | 936 sqft | 1,700,000 | 1,816 |
South Ridge Towers 2
Building158 apartments, 1-bed to 3-bed over 33 floors in Downtown Dubai, completed in 2008 by Emaar. 10 sold in the last 12 months.
- Typical price per sqft
- AED 1,989 Down 2.2%
- Typical sale
- AED 2.74M
- Typical rent
- AED 128K /yr
- Typical yield
- 5.4%
Other units on the 13th floor
All 158 units in South Ridge Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 1,622 sqft | AED 2.78MAED 2,775,000 · Jan 2013January 2013 | 175,000 /yr | |
| 1302 | 2-bed | 1,679 sqft | AED 2MAED 2,000,000 · Jan 2023January 2023 | 200,000 /yr | |
| 1303 | 1-bed | 1,129 sqft | AED 1.25MAED 1,250,000 · Aug 2022August 2022 | 101,750 /yr | |
| 1305 | 1-bed | 1,089 sqft | AED 1.88MAED 1,875,000 · Feb 2024February 2024 | 105,000 /yr |
1304, South Ridge Towers 2 in numbers
- Sold twice: first on 25 August 2010 for AED 786,888, last on 12 November 2018 for AED 1,405,000 (AED 1,501 per sqft).
- Rented since September 2015 on 5 Ejari contracts, from AED 120,000 to AED 63,000 a year.
- At AED 63,000 a year the gross yield on the 2018 price is 4.5%, before a service charge of about AED 17,900 a year (AED 19.17 per sqft).
- One-beds in South Ridge Towers 2 sold for AED 1,700,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,989 per sqft.
Source: Dubai Land Department. Updated 25 August 2021.
Questions about 1304, South Ridge Towers 2
What did unit 1304 last sell for?
AED 1,405,000 on 12 November 2018: AED 1,501 per sqft for 936 sqft. The unit has 2 registered sales; the first was AED 786,888 in August 2010.
What is the rent for unit 1304?
AED 63,000 a year on the contract renewed on 25 August 2021. The previous contract, from August 2020, was AED 63,000; the unit has been rented since September 2015.
How big is unit 1304?
936 sqft (87.0 sqm): a one-bedroom apartment on the 13th floor of a 33-storey tower completed in 2008.
What is unit 1304 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 2 sold for AED 1,700,000 to 2,000,000 in the last 12 months, around AED 1,816 per sqft.
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Mortgage on 1304, South Ridge Towers 2
Starts from the last sale price (AED 1.41M, 12 November 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,405,000
- Deposit, UAE resident (20%)
- AED 281,000
- Deposit, non-resident (40%)
- AED 562,000
- Monthly over 25 years at 3.7%
- AED 5,748
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →