1504, South Ridge Towers 2
Sold prices and rental history: sold 3 times, last in January 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1504, South Ridge Towers 2
What is 1504 worth today?
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Source: Dubai Land Department. Updated 16 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 936 sqft
- Floor
- 15th of 33
- Parking
- B1-193
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 17,900 /yr
- Last sold
- AED 1.3M · January 2023
- Building
- South Ridge Towers 2
About 1504, South Ridge Towers 2
1504 is a one-bedroom apartment of 936 sqft on the 15th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 5 January 2023 for AED 1,300,000, or AED 1,388 per sqft, 8% above the AED 1,288 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 16 March 2025, is AED 115,000 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 17,900 a year.
Sales and rents for 1504 over time
1504 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 2, and where 1504 sits
All 95 1-beds →1504 last sold in January 2023 at AED 1,388 per sqft, 8% above what one-beds in South Ridge Towers 2 were fetching at the time (AED 1,288). 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. 1504's AED 115,000 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 15th floor
All 158 units in South Ridge Towers 21504, South Ridge Towers 2 in numbers
- Sold 3 times: first on 12 March 2009 for AED 796,888, last on 5 January 2023 for AED 1,300,000 (AED 1,388 per sqft).
- Rented since August 2013 on 11 Ejari contracts. The rent fell from AED 90,000 to AED 67,000 in 2021 and recovered to AED 115,000 by March 2025.
- At AED 115,000 a year the gross yield on the 2023 price is 8.8%, 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 16 March 2025.
Questions about 1504, South Ridge Towers 2
What did unit 1504 last sell for?
AED 1,300,000 on 5 January 2023: AED 1,388 per sqft for 936 sqft. The unit has 3 registered sales; the first was AED 796,888 in March 2009.
What is the rent for unit 1504?
AED 115,000 a year on the contract renewed on 16 March 2025. The previous contract, from March 2024, was AED 110,000; the unit has been rented since August 2013.
How big is unit 1504?
936 sqft (87.0 sqm): a one-bedroom apartment on the 15th floor of a 33-storey tower completed in 2008.
What is unit 1504 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 1504, South Ridge Towers 2
Starts from the last sale price (AED 1.3M, 5 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →