1-bed · 936 sqftSouth Ridge Towers 2, Downtown Dubai · 24th floor · completed 2008

2404, South Ridge Towers 2

Sold prices and rental history: sold twice, last in August 2016, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2404 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 1.6M22 August 2016
Current rentAED 120K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, South Ridge Towers 2

What is 2404 worth today?

Last sold for AED 1,600,000 in 2016

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1 Oct 2025RentedNew contract
AED 120,000/yr12 months · AED 130 per sqft
20 Aug 2025RentedRenewal
AED 95,000/yr12 months · AED 101 per sqft
20 Aug 2024RentedRenewal
AED 94,500/yr12 months · AED 101 per sqft
20 Aug 2023RentedRenewal
AED 90,000/yr12 months · AED 96 per sqft
20 Aug 2022RentedNew contract
AED 90,000/yr12 months · AED 96 per sqft
22 Aug 2016SoldReady
AED 1,600,000AED 1,709 per sqft
15 Mar 2009Sold by developerReady
AED 842,888AED 900 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
1-bed apartment
Size
936 sqft
Floor
24th of 33
Parking
B1-219
Developer
Emaar
Completed
2008
Service charge
AED 17,900 /yr
Last sold
AED 1.6M · August 2016

About 2404, South Ridge Towers 2

2404 is a one-bedroom apartment of 936 sqft on the 24th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 22 August 2016 for AED 1,600,000, or AED 1,709 per sqft, in line with the AED 1,664 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 1 October 2025, is AED 120,000 a year: a gross yield of 7.5% on the 2016 price, before the service charge of about AED 17,900 a year.

Sales and rents for 2404 over time

Sales
Unit 2404, 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 2009: AED 842,888 (AED 900 per sqft)Sold, August 2016: AED 1,600,000 (AED 1,709 per sqft)

2404 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2404, 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, August 2022: AED 90,000 a yearRenewal, August 2023: AED 90,000 a yearRenewal, August 2024: AED 94,500 a yearRenewal, August 2025: AED 95,000 a yearNew contract, October 2025: AED 120,000 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 2404 sits

All 95 1-beds →

2404 last sold in August 2016 at AED 1,709 per sqft, in line with what one-beds in South Ridge Towers 2 were fetching at the time (AED 1,664). 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. 2404's AED 120,000 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 24th floor

All 158 units in South Ridge Towers 2
Value
24012-bedAED 3.6M · Feb 2025
24022-bedAED 1.8M · Feb 2011
24031-bedAED 2M · Dec 2014
24051-bedAED 1.7M · Mar 2016

2404, South Ridge Towers 2 in numbers

  • Sold twice: first on 15 March 2009 for AED 842,888, last on 22 August 2016 for AED 1,600,000 (AED 1,709 per sqft).
  • Rented since August 2022 on 5 Ejari contracts, from AED 90,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2016 price is 7.5%, 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 October 2025.

Questions about 2404, South Ridge Towers 2

What did unit 2404 last sell for?

AED 1,600,000 on 22 August 2016: AED 1,709 per sqft for 936 sqft. The unit has 2 registered sales; the first was AED 842,888 in March 2009.

What is the rent for unit 2404?

AED 120,000 a year on the contract signed on 1 October 2025. The previous contract, from August 2025, was AED 95,000; the unit has been rented since August 2022.

How big is unit 2404?

936 sqft (87.0 sqm): a one-bedroom apartment on the 24th floor of a 33-storey tower completed in 2008.

What is unit 2404 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 2404, South Ridge Towers 2

Starts from the last sale price (AED 1.6M, 22 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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