1-bed · 1,089 sqftSouth Ridge Towers 2, Downtown Dubai · 24th floor · completed 2008

2405, South Ridge Towers 2

Sold prices and rental history: sold twice, last in March 2016, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2405 · DLD and Ejari recordsUpdated 10 September 2026
Last soldAED 1.7M20 March 2016
Current rentAED 135K /yr10 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2405, South Ridge Towers 2

What is 2405 worth today?

Last sold for AED 1,700,000 in 2016

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10 Sep 2026RentedNew contract
AED 135,000/yr12 months · AED 124 per sqft
28 Mar 2026RentedNew contract
AED 135,000/yr12 months · AED 124 per sqft
20 Mar 2016SoldReady
AED 1,700,000AED 1,561 per sqft
24 Feb 2015RentedNew contract
AED 120,000/yr12 months · AED 110 per sqft
10 Jun 2009Sold by developerReady
AED 1,074,888AED 987 per sqft

Source: Dubai Land Department. Updated 10 September 2026.

Key facts

Type
1-bed apartment
Size
1,089 sqft
Floor
24th of 33
Parking
B2-174
Developer
Emaar
Completed
2008
Service charge
AED 20,900 /yr
Last sold
AED 1.7M · March 2016

About 2405, South Ridge Towers 2

2405 is a one-bedroom apartment of 1,089 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 20 March 2016 for AED 1,700,000, or AED 1,561 per sqft, 7% below the AED 1,682 one-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 10 September 2026, is AED 135,000 a year: a gross yield of 7.9% on the 2016 price, before the service charge of about AED 20,900 a year.

Sales and rents for 2405 over time

Sales
Unit 2405, 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, June 2009: AED 1,074,888 (AED 987 per sqft)Sold, March 2016: AED 1,700,000 (AED 1,561 per sqft)

2405 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2405, each contractTypical one-bed in South Ridge Towers 2
100K2012201620202024Typical 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, February 2015: AED 120,000 a yearNew contract, March 2026: AED 135,000 a yearNew contract, September 2026: AED 135,000 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 2405 sits

All 95 1-beds →

2405 last sold in March 2016 at AED 1,561 per sqft, 7% below what one-beds in South Ridge Towers 2 were fetching at the time (AED 1,682). 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. 2405's AED 135,000 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
24041-bedAED 1.6M · Aug 2016

2405, South Ridge Towers 2 in numbers

  • Sold twice: first on 10 June 2009 for AED 1,074,888, last on 20 March 2016 for AED 1,700,000 (AED 1,561 per sqft).
  • Rented since February 2015 on 3 Ejari contracts, from AED 120,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2016 price is 7.9%, before a service charge of about AED 20,900 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 10 September 2026.

Questions about 2405, South Ridge Towers 2

What did unit 2405 last sell for?

AED 1,700,000 on 20 March 2016: AED 1,561 per sqft for 1,089 sqft. The unit has 2 registered sales; the first was AED 1,074,888 in June 2009.

What is the rent for unit 2405?

AED 135,000 a year on the contract signed on 10 September 2026. The previous contract, from March 2026, was AED 135,000; the unit has been rented since February 2015.

How big is unit 2405?

1,089 sqft (101.2 sqm): a one-bedroom apartment on the 24th floor of a 33-storey tower completed in 2008.

What is unit 2405 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 2405, South Ridge Towers 2

Starts from the last sale price (AED 1.7M, 20 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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