1-bed · 936 sqftSouth Ridge Towers 2, Downtown Dubai · 23rd floor · completed 2008

2304, South Ridge Towers 2

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2304 · DLD and Ejari recordsUpdated 7 July 2025
Last soldAED 1.65M8 August 2024
Current rentAED 110K /yr7 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2304, South Ridge Towers 2

What is 2304 worth today?

Last sold for AED 1,650,000 in 2024

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7 Jul 2025RentedNew contract
AED 110,000/yr12 months · AED 117 per sqft
8 Aug 2024SoldReady
AED 1,650,000AED 1,762 per sqft
7 Jul 2024RentedRenewal
AED 100,000/yr12 months · AED 108 per sqft
7 Jul 2023RentedRenewal
AED 100,000/yr12 months · AED 108 per sqft
7 Jul 2022RentedNew contract
AED 100,000/yr12 months · AED 107 per sqft
1 Jun 2022RentedNew contract
AED 100,000/yr12 months · AED 107 per sqft
23 May 2021RentedRenewal
AED 80,000/yr12 months · AED 85 per sqft
23 May 2020RentedNew contract
AED 80,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 7 July 2025.

Key facts

Type
1-bed apartment
Size
936 sqft
Floor
23rd of 33
Parking
B1-199
Developer
Emaar
Completed
2008
Service charge
AED 17,900 /yr
Last sold
AED 1.65M · August 2024

About 2304, South Ridge Towers 2

2304 is a one-bedroom apartment of 936 sqft on the 23rd floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 8 August 2024 for AED 1,650,000, or AED 1,762 per sqft, 14% above the AED 1,549 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 7 July 2025, is AED 110,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 17,900 a year.

Sales and rents for 2304 over time

Sales
Unit 2304, 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, March 2014: AED 2,400,000 (AED 2,564 per sqft)Sold, August 2024: AED 1,650,000 (AED 1,762 per sqft)

2304 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2304, each contractTypical one-bed in South Ridge Towers 2
75K100K125K2012201620202024Typical 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, May 2015: AED 120,000 a yearNew contract, May 2016: AED 110,000 a yearRenewal, May 2017: AED 110,000 a yearNew contract, May 2020: AED 80,000 a yearRenewal, May 2021: AED 80,000 a yearNew contract, June 2022: AED 100,000 a yearNew contract, July 2022: AED 100,000 a yearRenewal, July 2023: AED 100,000 a yearRenewal, July 2024: AED 100,000 a yearNew contract, July 2025: AED 110,000 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 2304 sits

All 95 1-beds →

2304 last sold in August 2024 at AED 1,762 per sqft, 14% above what one-beds in South Ridge Towers 2 were fetching at the time (AED 1,549). 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. 2304's AED 110,000 is in the lower half 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 23rd floor

All 158 units in South Ridge Towers 2
Value
23012-bedAED 2.69M · Jul 2009
23022-bedAED 3.8M · Dec 2013
23031-bedAED 1.05M · Aug 2020
23051-bedAED 1.75M · Feb 2018

2304, South Ridge Towers 2 in numbers

  • Sold twice: first on 17 March 2014 for AED 2,400,000, last on 8 August 2024 for AED 1,650,000 (AED 1,762 per sqft).
  • Rented since May 2015 on 10 Ejari contracts. The rent fell from AED 120,000 to AED 80,000 in 2021 and recovered to AED 110,000 by July 2025.
  • At AED 110,000 a year the gross yield on the 2024 price is 6.7%, 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 7 July 2025.

Questions about 2304, South Ridge Towers 2

What did unit 2304 last sell for?

AED 1,650,000 on 8 August 2024: AED 1,762 per sqft for 936 sqft. The unit has 2 registered sales; the first was AED 2,400,000 in March 2014.

What is the rent for unit 2304?

AED 110,000 a year on the contract signed on 7 July 2025. The previous contract, from July 2024, was AED 100,000; the unit has been rented since May 2015.

How big is unit 2304?

936 sqft (87.0 sqm): a one-bedroom apartment on the 23rd floor of a 33-storey tower completed in 2008.

What is unit 2304 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 2304, South Ridge Towers 2

Starts from the last sale price (AED 1.65M, 8 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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