1-bed · 936 sqftSouth Ridge Towers 2, Downtown Dubai · 28th floor · completed 2008

2804, South Ridge Towers 2

Sold prices and rental history: sold once, by the developer in February 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2804 · DLD and Ejari recordsUpdated 20 May 2025
Last soldAED 863K22 February 2010
Current rentAED 107K /yr20 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2804, South Ridge Towers 2

What is 2804 worth today?

Last sold for AED 862,888 in 2010

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20 May 2025RentedRenewal
AED 107,000/yr12 months · AED 114 per sqft
20 May 2025RentedRenewal
AED 107,000/yr12 months · AED 114 per sqft
20 May 2024RentedNew contract
AED 107,000/yr12 months · AED 114 per sqft
20 Sep 2023RentedNew contract
AED 110,000/yr12 months · AED 117 per sqft
22 Dec 2016RentedNew contract
AED 100,000/yr12 months · AED 107 per sqft
5 Sep 2015RentedNew contract
AED 110,000/yr11 months · AED 118 per sqft
24 Sep 2014RentedNew contract
AED 88,000/yr12 months · AED 94 per sqft
24 Sep 2012RentedNew contract
AED 75,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 20 May 2025.

Key facts

Type
1-bed apartment
Size
936 sqft
Floor
28th of 33
Parking
B2-178
Developer
Emaar
Completed
2008
Service charge
AED 17,900 /yr
Last sold
AED 863K · February 2010

About 2804, South Ridge Towers 2

2804 is a one-bedroom apartment of 936 sqft on the 28th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 22 February 2010 for AED 862,888, or AED 921 per sqft, 7% above the AED 857 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 20 May 2025, is AED 107,000 a year: a gross yield of 12.4% on the 2010 price, before the service charge of about AED 17,900 a year.

Sales and rents for 2804 over time

Sales
Unit 2804, 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, February 2010: AED 862,888 (AED 921 per sqft)

2804 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2804, each contractTypical one-bed in South Ridge Towers 2
80K100K120K2012201620202024Typical 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, September 2012: AED 75,000 a yearNew contract, September 2014: AED 88,000 a yearNew contract, September 2015: AED 110,000 a yearNew contract, December 2016: AED 100,000 a yearNew contract, September 2023: AED 110,000 a yearNew contract, May 2024: AED 107,000 a yearRenewal, May 2025: AED 107,000 a yearRenewal, May 2025: AED 107,000 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 2804 sits

All 95 1-beds →

2804 last sold in February 2010 at AED 921 per sqft, 7% above what one-beds in South Ridge Towers 2 were fetching at the time (AED 857). 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. 2804's AED 107,000 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 28th floor

All 158 units in South Ridge Towers 2
Value
28012-bedAED 2.77M · Jun 2010
28022-bedAED 2.58M · Mar 2010
28031-bedAED 1.1M · Jan 2021
28051-bedAED 1.1M · May 2009

2804, South Ridge Towers 2 in numbers

  • Sold once: by Emaar on 22 February 2010 for AED 862,888, or AED 921 per sqft.
  • Rented since September 2012 on 8 Ejari contracts, from AED 75,000 to AED 107,000 a year.
  • At AED 107,000 a year the gross yield on the 2010 price is 12.4%, 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 20 May 2025.

Questions about 2804, South Ridge Towers 2

What did unit 2804 last sell for?

AED 862,888 on 22 February 2010, sold by the developer: AED 921 per sqft for 936 sqft. It is the only registered sale of the unit.

What is the rent for unit 2804?

AED 107,000 a year on the contract renewed on 20 May 2025. The previous contract, from May 2025, was AED 107,000; the unit has been rented since September 2012.

How big is unit 2804?

936 sqft (87.0 sqm): a one-bedroom apartment on the 28th floor of a 33-storey tower completed in 2008.

What is unit 2804 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 2804, South Ridge Towers 2

Starts from the last sale price (AED 863K, 22 February 2010). Switch to today's estimate once you have unlocked it.
Price
AED 862,888
Deposit, UAE resident (20%)
AED 172,578
Deposit, non-resident (40%)
AED 345,155
Monthly over 25 years at 3.7%
AED 3,530

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