1704, South Ridge Towers 2
Sold prices and rental history: sold once, by the developer in November 2010, 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 1704, South Ridge Towers 2
What is 1704 worth today?
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Source: Dubai Land Department. Updated 18 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 936 sqft
- Floor
- 17th of 33
- Parking
- L1-058
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 17,900 /yr
- Last sold
- AED 2.47M · November 2010
- Building
- South Ridge Towers 2
About 1704, South Ridge Towers 2
1704 is a one-bedroom apartment of 936 sqft on the 17th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 8 November 2010 for AED 2,469,888, or AED 2,638 per sqft, 203% above the AED 872 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 18 October 2023, is AED 95,000 a year: a gross yield of 3.9% on the 2010 price, before the service charge of about AED 17,900 a year.
Sales and rents for 1704 over time
1704 has sold once; 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 1704 sits
All 95 1-beds →1704 last sold in November 2010 at AED 2,638 per sqft, 203% above what one-beds in South Ridge Towers 2 were fetching at the time (AED 872). 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. 1704's AED 95,000 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 17th floor
All 158 units in South Ridge Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,622 sqft | AED 1.9MAED 1,904,888 · Mar 2011March 2011 | 132,000 /yr | |
| 1702 | 2-bed | 1,679 sqft | AED 3MAED 3,000,000 · Jan 2024January 2024 | 207,273 /yr | |
| 1703 | 1-bed | 1,129 sqft | AED 1.09MAED 1,085,000 · Nov 2009November 2009 | 136,000 /yr | |
| 1705 | 1-bed | 1,089 sqft | AED 980KAED 980,000 · Sep 2011September 2011 | 115,000 /yr |
1704, South Ridge Towers 2 in numbers
- Sold once: by Emaar on 8 November 2010 for AED 2,469,888, or AED 2,638 per sqft.
- Rented since September 2013 on 11 Ejari contracts. The rent fell from AED 77,000 to AED 67,000 in 2022 and recovered to AED 95,000 by October 2023.
- At AED 95,000 a year the gross yield on the 2010 price is 3.9%, 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 18 October 2023.
Questions about 1704, South Ridge Towers 2
What did unit 1704 last sell for?
AED 2,469,888 on 8 November 2010, sold by the developer: AED 2,638 per sqft for 936 sqft. It is the only registered sale of the unit.
What is the rent for unit 1704?
AED 95,000 a year on the contract signed on 18 October 2023. The previous contract, from September 2022, was AED 95,000; the unit has been rented since September 2013.
How big is unit 1704?
936 sqft (87.0 sqm): a one-bedroom apartment on the 17th floor of a 33-storey tower completed in 2008.
What is unit 1704 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 1704, South Ridge Towers 2
Starts from the last sale price (AED 2.47M, 8 November 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 2,469,888
- Deposit, UAE resident (20%)
- AED 493,978
- Deposit, non-resident (40%)
- AED 987,955
- Monthly over 25 years at 3.7%
- AED 10,105
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →