1-bed · 985 sqftSouth Ridge Towers 3, Downtown Dubai · 11th floor · completed 2008

1104, South Ridge Towers 3

Sold prices and rental history: sold once, by the developer in February 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1104 · DLD and Ejari recordsUpdated 21 July 2024
Last soldAED 409K20 February 2011
Current rentAED 82K /yr21 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1104, South Ridge Towers 3

What is 1104 worth today?

Last sold for AED 409,444 in 2011

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21 Jul 2024RentedRenewal
AED 82,225/yr12 months · AED 84 per sqft
21 Jul 2023RentedRenewal
AED 71,500/yr12 months · AED 73 per sqft
21 Jul 2022RentedRenewal
AED 65,000/yr12 months · AED 66 per sqft
21 Jul 2021RentedNew contract
AED 65,000/yr12 months · AED 66 per sqft
8 Jul 2017RentedNew contract
AED 100,000/yr12 months · AED 101 per sqft
3 May 2017RentedRenewal
AED 98,400/yr2 months · AED 99 per sqft
3 May 2016RentedRenewal
AED 98,400/yr12 months · AED 99 per sqft
3 May 2015RentedNew contract
AED 93,713/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 21 July 2024.

Key facts

Type
1-bed apartment
Size
985 sqft
Floor
11th of 25
Parking
B1-142
Developer
Emaar
Completed
2008
Service charge
AED 18,900 /yr
Last sold
AED 409K · February 2011

About 1104, South Ridge Towers 3

1104 is a one-bedroom apartment of 985 sqft on the 11th floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 20 February 2011 for AED 409,444, or AED 415 per sqft, 38% below the AED 665 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 21 July 2024, is AED 82,225 a year: a gross yield of 20.1% on the 2011 price, before the service charge of about AED 18,900 a year.

Sales and rents for 1104 over time

Sales
Unit 1104, each saleTypical one-bed in South Ridge Towers 3
1M2M2009201420192024Typical sale price by year: 2009 AED 909,888; 2010 AED 852,388; 2011 AED 519,944; 2012 AED 954,944; 2013 AED 1,550,000; 2014 AED 1,944,000; 2015 AED 1,600,000; 2016 AED 1,565,000; 2017 AED 1,595,000; 2019 AED 1,100,000; 2021 AED 1,215,000; 2022 AED 1,340,000; 2023 AED 1,540,000; 2024 AED 1,785,000; 2025 AED 2,025,000; 2026 AED 1,875,000Sold by developer, February 2011: AED 409,444 (AED 415 per sqft)

1104 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1104, each contractTypical one-bed in South Ridge Towers 3
75K100K2013201720212025Typical rent by year: 2013 AED 90,000; 2014 AED 115,000; 2015 AED 115,000; 2016 AED 115,000; 2017 AED 107,000; 2018 AED 94,000; 2019 AED 85,000; 2020 AED 70,000; 2021 AED 72,520; 2022 AED 84,500; 2023 AED 100,000; 2024 AED 110,000; 2025 AED 115,000; 2026 AED 115,000New contract, May 2015: AED 93,713 a yearRenewal, May 2016: AED 98,400 a yearRenewal, May 2017: AED 98,400 a yearNew contract, July 2017: AED 100,000 a yearNew contract, July 2021: AED 65,000 a yearRenewal, July 2022: AED 65,000 a yearRenewal, July 2023: AED 71,500 a yearRenewal, July 2024: AED 82,225 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 3, and where 1104 sits

All 67 1-beds →

1104 last sold in February 2011 at AED 415 per sqft, 38% below what one-beds in South Ridge Towers 3 were fetching at the time (AED 665). Over the last 12 months one-beds sold for AED 1,750,000 to 2,000,000, around AED 1,902 per sqft, and rent for AED 90,000 to 180,000 a year. 1104's AED 82,225 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Aug 20261,950,000
16 Jun 20261,800,000
7 Jun 20261,750,000
11 Mar 20261,950,000
5 1-bed sales in the last 12 months

South Ridge Towers 3

Building

117 apartments, studios to 3-bed over 25 floors in Downtown Dubai, completed in 2008 by Emaar. 7 sold in the last 12 months.

Typical price per sqft
AED 1,902
Typical sale
AED 1.95M
Typical rent
AED 120K /yr
Typical yield
5.9%
South Ridge Towers 3, Downtown Dubai: prices, sales and rents →

Other units on the 11th floor

All 117 units in South Ridge Towers 3
Value
11012-bedAED 3.55M · Jun 2025
11022-bedAED 1.7M · Nov 2020
11031-bedAED 1.58M · Apr 2016
11051-bedAED 1.75M · Sep 2023

1104, South Ridge Towers 3 in numbers

  • Sold once: by Emaar on 20 February 2011 for AED 409,444, or AED 415 per sqft.
  • Rented since May 2015 on 8 Ejari contracts. The rent fell from AED 93,713 to AED 65,000 in 2022 and recovered to AED 82,225 by July 2024.
  • At AED 82,225 a year the gross yield on the 2011 price is 20.1%, before a service charge of about AED 18,900 a year (AED 19.17 per sqft).
  • One-beds in South Ridge Towers 3 sold for AED 1,750,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,902 per sqft.

Source: Dubai Land Department. Updated 21 July 2024.

Questions about 1104, South Ridge Towers 3

What did unit 1104 last sell for?

AED 409,444 on 20 February 2011, sold by the developer: AED 415 per sqft for 985 sqft. It is the only registered sale of the unit.

What is the rent for unit 1104?

AED 82,225 a year on the contract renewed on 21 July 2024. The previous contract, from July 2023, was AED 71,500; the unit has been rented since May 2015.

How big is unit 1104?

985 sqft (91.5 sqm): a one-bedroom apartment on the 11th floor of a 25-storey tower completed in 2008.

What is unit 1104 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 3 sold for AED 1,750,000 to 2,000,000 in the last 12 months, around AED 1,902 per sqft.

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Mortgage on 1104, South Ridge Towers 3

Starts from the last sale price (AED 409K, 20 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 409,444
Deposit, UAE resident (20%)
AED 81,889
Deposit, non-resident (40%)
AED 163,778
Monthly over 25 years at 3.7%
AED 1,675

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