304, South Ridge Towers 2
Sold prices and rental history: sold twice, last in March 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 304, South Ridge Towers 2
What is 304 worth today?
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Source: Dubai Land Department. Updated 1 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 936 sqft
- Floor
- 3rd of 33
- Parking
- B2-114
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 17,900 /yr
- Last sold
- AED 735K · March 2011
- Building
- South Ridge Towers 2
About 304, South Ridge Towers 2
304 is a one-bedroom apartment of 936 sqft on the 3rd floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 21 March 2011 for AED 735,000, or AED 785 per sqft, 7% below the AED 843 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 100,800 a year: a gross yield of 13.7% on the 2011 price, before the service charge of about AED 17,900 a year.
Sales and rents for 304 over time
304 has sold twice; 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 304 sits
All 95 1-beds →304 last sold in March 2011 at AED 785 per sqft, 7% below what one-beds in South Ridge Towers 2 were fetching at the time (AED 843). 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. 304's AED 100,800 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 3rd floor
All 158 units in South Ridge Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,622 sqft | AED 4MAED 4,000,000 · Aug 2026August 2026 | 141,000 /yr | |
| 302 | 2-bed | 1,679 sqft | AED 1.61MAED 1,605,888 · Jul 2010July 2010 | 170,000 /yr | |
| 303 | 1-bed | 1,129 sqft | AED 1MAED 1,000,000 · Apr 2012April 2012 | 105,000 /yr | |
| 305 | 1-bed | 1,089 sqft | AED 913KAED 912,888 · Feb 2010February 2010 | 125,000 /yr |
304, South Ridge Towers 2 in numbers
- Sold twice: first on 21 March 2011 for AED 735,888, last on 21 March 2011 for AED 735,000 (AED 785 per sqft).
- Rented since November 2016 on 9 Ejari contracts. The rent fell from AED 105,000 to AED 65,000 in 2021 and recovered to AED 100,800 by July 2025.
- At AED 100,800 a year the gross yield on the 2011 price is 13.7%, 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 1 July 2025.
Questions about 304, South Ridge Towers 2
What did unit 304 last sell for?
AED 735,000 on 21 March 2011, sold by the developer: AED 785 per sqft for 936 sqft. The unit has 2 registered sales; the first was AED 735,888 in March 2011.
What is the rent for unit 304?
AED 100,800 a year on the contract renewed on 1 July 2025. The previous contract, from July 2025, was AED 100,800; the unit has been rented since November 2016.
How big is unit 304?
936 sqft (87.0 sqm): a one-bedroom apartment on the 3rd floor of a 33-storey tower completed in 2008.
What is unit 304 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 304, South Ridge Towers 2
Starts from the last sale price (AED 735K, 21 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 735,000
- Deposit, UAE resident (20%)
- AED 147,000
- Deposit, non-resident (40%)
- AED 294,000
- Monthly over 25 years at 3.7%
- AED 3,007
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →