1-bed · 936 sqftSouth Ridge Towers 2, Downtown Dubai · 16th floor · completed 2008

1604, South Ridge Towers 2

Sold prices and rental history: sold once, by the developer in September 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 5 August 2026
Last soldAED 778K24 September 2013
Current rentAED 85K /yr5 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, South Ridge Towers 2

What is 1604 worth today?

Last sold for AED 777,831 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Aug 2026RentedNew contract
AED 85,000/yr12 months · AED 91 per sqft
15 Apr 2025RentedRenewal
AED 115,000/yr12 months · AED 123 per sqft
10 Apr 2025RentedRenewal · flagged as an outlier
AED 7,560,000/yrAED 8,073 per sqft
10 Apr 2025RentedRenewal · flagged as an outlier
AED 7,560,000/yrAED 8,073 per sqft
10 Apr 2024RentedNew contract
AED 105,000/yr12 months · AED 112 per sqft
7 Mar 2023RentedNew contract
AED 90,000/yr12 months · AED 96 per sqft
7 Mar 2022RentedRenewal
AED 77,000/yr12 months · AED 82 per sqft
7 Mar 2021RentedRenewal
AED 70,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 5 August 2026.

Key facts

Type
1-bed apartment
Size
936 sqft
Floor
16th of 33
Parking
B1-190
Developer
Emaar
Completed
2008
Service charge
AED 17,900 /yr
Last sold
AED 778K · September 2013

About 1604, South Ridge Towers 2

1604 is a one-bedroom apartment of 936 sqft on the 16th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 24 September 2013 for AED 777,831, or AED 830 per sqft, 23% below the AED 1,082 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, signed on 5 August 2026, is AED 85,000 a year: a gross yield of 10.9% on the 2013 price, before the service charge of about AED 17,900 a year.

Sales and rents for 1604 over time

Sales
Unit 1604, each saleTypical one-bed in South Ridge Towers 2
1M2M2009201420192024Typical sale price by year: 2009 AED 963,552; 2010 AED 857,888; 2011 AED 778,060; 2012 AED 1,102,500; 2013 AED 1,390,000; 2014 AED 1,935,000; 2015 AED 1,900,000; 2016 AED 1,612,500; 2017 AED 1,630,000; 2018 AED 1,510,000; 2019 AED 935,000; 2020 AED 1,100,000; 2021 AED 1,200,000; 2022 AED 1,410,000; 2023 AED 1,480,000; 2024 AED 1,650,000; 2025 AED 2,080,000; 2026 AED 1,750,000Sold by developer, September 2013: AED 777,831 (AED 830 per sqft)

1604 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1604, each contractTypical one-bed in South Ridge Towers 2
75K100K2012201620202024Typical rent by year: 2012 AED 77,500; 2013 AED 90,000; 2014 AED 107,000; 2015 AED 115,000; 2016 AED 115,000; 2017 AED 107,000; 2018 AED 97,500; 2019 AED 90,000; 2020 AED 80,000; 2021 AED 75,000; 2022 AED 82,975; 2023 AED 91,375; 2024 AED 101,750; 2025 AED 112,625; 2026 AED 115,000New contract, December 2012: AED 75,000 a yearNew contract, November 2015: AED 115,000 a yearNew contract, November 2016: AED 105,000 a yearNew contract, December 2018: AED 80,000 a yearNew contract, March 2020: AED 73,000 a yearRenewal, March 2021: AED 70,000 a yearRenewal, March 2022: AED 77,000 a yearNew contract, March 2023: AED 90,000 a yearNew contract, April 2024: AED 105,000 a yearRenewal, April 2025: AED 115,000 a yearNew contract, August 2026: AED 85,000 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 2, and where 1604 sits

All 95 1-beds →

1604 last sold in September 2013 at AED 830 per sqft, 23% below what one-beds in South Ridge Towers 2 were fetching at the time (AED 1,082). 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. 1604's AED 85,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 20261,700,000
1 Oct 20262,000,000
5 Aug 202626,811
13 Jul 20261,700,000
6 1-bed sales in the last 12 months

South Ridge Towers 2

Building

158 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%
South Ridge Towers 2, Downtown Dubai: prices, sales and rents →

Other units on the 16th floor

All 158 units in South Ridge Towers 2
Value
16012-bedAED 2.75M · Jul 2023
16022-bedAED 1.61M · Sep 2013
16031-bedAED 937K · Sep 2013
16051-bedAED 963K · Sep 2013

1604, South Ridge Towers 2 in numbers

  • Sold once: by Emaar on 24 September 2013 for AED 777,831, or AED 830 per sqft.
  • Rented since December 2012 on 13 Ejari contracts, from AED 75,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2013 price is 10.9%, 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 5 August 2026.

Questions about 1604, South Ridge Towers 2

What did unit 1604 last sell for?

AED 777,831 on 24 September 2013, sold by the developer: AED 830 per sqft for 936 sqft. It is the only registered sale of the unit.

What is the rent for unit 1604?

AED 85,000 a year on the contract signed on 5 August 2026. The previous contract, from April 2025, was AED 115,000; the unit has been rented since December 2012.

How big is unit 1604?

936 sqft (87.0 sqm): a one-bedroom apartment on the 16th floor of a 33-storey tower completed in 2008.

What is unit 1604 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.

Selling 1604? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1604, South Ridge Towers 2

Starts from the last sale price (AED 778K, 24 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 777,831
Deposit, UAE resident (20%)
AED 155,566
Deposit, non-resident (40%)
AED 311,132
Monthly over 25 years at 3.7%
AED 3,182

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