1-bed · 936 sqftSouth Ridge Towers 2, Downtown Dubai · 7th floor · completed 2008

704, South Ridge Towers 2

Sold prices and rental history: sold 3 times, last in January 2024, and rented once, from October 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 1.4M16 January 2024
Current rentAED 125K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, South Ridge Towers 2

What is 704 worth today?

Last sold for AED 1,400,000 in 2024

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1 Oct 2025RentedNew contract
AED 125,000/yr12 months · AED 133 per sqft
16 Jan 2024SoldReady
AED 1,400,000AED 1,495 per sqft
10 Oct 2010SoldReady
AED 865,000AED 924 per sqft
29 Aug 2010Sold by developerReady
AED 755,888AED 807 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
1-bed apartment
Size
936 sqft
Floor
7th of 33
Parking
B2-119
Developer
Emaar
Completed
2008
Service charge
AED 17,900 /yr
Last sold
AED 1.4M · January 2024

About 704, South Ridge Towers 2

704 is a one-bedroom apartment of 936 sqft on the 7th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 16 January 2024 for AED 1,400,000, or AED 1,495 per sqft, 6% above the AED 1,410 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2025. The current contract, signed on 1 October 2025, is AED 125,000 a year: a gross yield of 8.9% on the 2024 price, before the service charge of about AED 17,900 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, August 2010: AED 755,888 (AED 807 per sqft)Sold, October 2010: AED 865,000 (AED 924 per sqft)Sold, January 2024: AED 1,400,000 (AED 1,495 per sqft)

704 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 704, 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, October 2025: AED 125,000 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 704 sits

All 95 1-beds →

704 last sold in January 2024 at AED 1,495 per sqft, 6% above what one-beds in South Ridge Towers 2 were fetching at the time (AED 1,410). 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. 704's AED 125,000 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 7th floor

All 158 units in South Ridge Towers 2
Value
7012-bedAED 2.43M · Nov 2011
7022-bedAED 3.19M · Jan 2014
7031-bedAED 1.41M · Nov 2022
7051-bedAED 1.6M · May 2025

704, South Ridge Towers 2 in numbers

  • Sold 3 times: first on 29 August 2010 for AED 755,888, last on 16 January 2024 for AED 1,400,000 (AED 1,495 per sqft).
  • Rented since October 2025 on one Ejari contract, at AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2024 price is 8.9%, 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 704, South Ridge Towers 2

What did unit 704 last sell for?

AED 1,400,000 on 16 January 2024: AED 1,495 per sqft for 936 sqft. The unit has 3 registered sales; the first was AED 755,888 in August 2010.

What is the rent for unit 704?

AED 125,000 a year on the contract signed on 1 October 2025.

How big is unit 704?

936 sqft (87.0 sqm): a one-bedroom apartment on the 7th floor of a 33-storey tower completed in 2008.

What is unit 704 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 704, South Ridge Towers 2

Starts from the last sale price (AED 1.4M, 16 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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