1-bed · 936 sqftSouth Ridge Towers 2, Downtown Dubai · 4th floor · completed 2008

404, South Ridge Towers 2

Sold prices and rental history: sold once, by the developer in October 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 8 October 2026
Last soldAED 370K5 October 2010
Current rentAED 110K /yr8 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, South Ridge Towers 2

What is 404 worth today?

Last sold for AED 370,444 in 2010

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8 Oct 2026RentedRenewal
AED 110,000/yr12 months · AED 119 per sqft
8 Oct 2025RentedNew contract
AED 110,000/yr12 months · AED 117 per sqft
29 May 2024RentedNew contract
AED 95,000/yr12 months · AED 101 per sqft
1 Jun 2023RentedNew contract
AED 90,000/yr12 months · AED 96 per sqft
15 Jun 2022RentedRenewal
AED 90,000/yr12 months · AED 96 per sqft
15 Jun 2021RentedRenewal
AED 67,200/yr12 months · AED 72 per sqft
15 Jun 2020RentedNew contract
AED 60,000/yr12 months · AED 64 per sqft
13 May 2019RentedRenewal
AED 100,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 8 October 2026.

Key facts

Type
1-bed apartment
Size
936 sqft
Floor
4th of 33
Parking
B2-115
Developer
Emaar
Completed
2008
Service charge
AED 17,900 /yr
Last sold
AED 370K · October 2010

About 404, South Ridge Towers 2

404 is a one-bedroom apartment of 936 sqft on the 4th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 5 October 2010 for AED 370,444, or AED 395 per sqft, 53% below the AED 843 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 8 October 2026, is AED 110,000 a year: a gross yield of 29.7% on the 2010 price, before the service charge of about AED 17,900 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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, October 2010: AED 370,444 (AED 395 per sqft)

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

Rents
Unit 404, each contractTypical one-bed in South Ridge Towers 2
75K100K2012201620202024Typical 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, March 2013: AED 108,000 a yearNew contract, September 2016: AED 115,000 a yearNew contract, May 2018: AED 106,000 a yearRenewal, May 2019: AED 100,000 a yearNew contract, June 2020: AED 60,000 a yearRenewal, June 2021: AED 67,200 a yearRenewal, June 2022: AED 90,000 a yearNew contract, June 2023: AED 90,000 a yearNew contract, May 2024: AED 95,000 a yearNew contract, October 2025: AED 110,000 a yearRenewal, October 2026: 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 404 sits

All 95 1-beds →

404 last sold in October 2010 at AED 395 per sqft, 53% 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. 404'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 4th floor

All 158 units in South Ridge Towers 2
Value
4012-bedAED 1.62M · Jul 2010
4022-bedAED 2.1M · Nov 2021
4031-bedAED 900K · Sep 2014
4051-bedAED 1.95M · Apr 2024

404, South Ridge Towers 2 in numbers

  • Sold once: by Emaar on 5 October 2010 for AED 370,444, or AED 395 per sqft.
  • Rented since March 2013 on 11 Ejari contracts. The rent fell from AED 108,000 to AED 60,000 in 2020 and recovered to AED 110,000 by October 2026.
  • At AED 110,000 a year the gross yield on the 2010 price is 29.7%, 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 8 October 2026.

Questions about 404, South Ridge Towers 2

What did unit 404 last sell for?

AED 370,444 on 5 October 2010, sold by the developer: AED 395 per sqft for 936 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 110,000 a year on the contract renewed on 8 October 2026. The previous contract, from October 2025, was AED 110,000; the unit has been rented since March 2013.

How big is unit 404?

936 sqft (87.0 sqm): a one-bedroom apartment on the 4th floor of a 33-storey tower completed in 2008.

What is unit 404 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 404, South Ridge Towers 2

Starts from the last sale price (AED 370K, 5 October 2010). Switch to today's estimate once you have unlocked it.
Price
AED 370,444
Deposit, UAE resident (20%)
AED 74,089
Deposit, non-resident (40%)
AED 148,178
Monthly over 25 years at 3.7%
AED 1,516

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