1404, South Ridge Towers 2
Sold prices and rental history: sold twice, last in November 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1404, South Ridge Towers 2
What is 1404 worth today?
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Source: Dubai Land Department. Updated 1 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 936 sqft
- Floor
- 14th of 33
- Parking
- B1-138
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 17,900 /yr
- Last sold
- AED 1.7M · November 2013
- Building
- South Ridge Towers 2
About 1404, South Ridge Towers 2
1404 is a one-bedroom apartment of 936 sqft on the 14th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 6 November 2013 for AED 1,700,000, or AED 1,816 per sqft, 47% above the AED 1,236 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 94,500 a year: a gross yield of 5.6% on the 2013 price, before the service charge of about AED 17,900 a year.
Sales and rents for 1404 over time
1404 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 1404 sits
All 95 1-beds →1404 last sold in November 2013 at AED 1,816 per sqft, 47% above what one-beds in South Ridge Towers 2 were fetching at the time (AED 1,236). 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. 1404's AED 94,500 is in the lower half 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 14th floor
All 158 units in South Ridge Towers 21404, South Ridge Towers 2 in numbers
- Sold twice: first on 25 August 2010 for AED 791,888, last on 6 November 2013 for AED 1,700,000 (AED 1,816 per sqft).
- Rented since August 2012 on 5 Ejari contracts, from AED 80,000 to AED 94,500 a year.
- At AED 94,500 a year the gross yield on the 2013 price is 5.6%, 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 1 September 2024.
Questions about 1404, South Ridge Towers 2
What did unit 1404 last sell for?
AED 1,700,000 on 6 November 2013: AED 1,816 per sqft for 936 sqft. The unit has 2 registered sales; the first was AED 791,888 in August 2010.
What is the rent for unit 1404?
AED 94,500 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 90,000; the unit has been rented since August 2012.
How big is unit 1404?
936 sqft (87.0 sqm): a one-bedroom apartment on the 14th floor of a 33-storey tower completed in 2008.
What is unit 1404 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 1404, South Ridge Towers 2
Starts from the last sale price (AED 1.7M, 6 November 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,700,000
- Deposit, UAE resident (20%)
- AED 340,000
- Deposit, non-resident (40%)
- AED 680,000
- Monthly over 25 years at 3.7%
- AED 6,955
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →