1-bed · 985 sqftSouth Ridge Towers 3, Downtown Dubai · 12th floor · completed 2008

1204, South Ridge Towers 3

Sold prices and rental history: sold 3 times, last in January 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 8 January 2025
Last soldAED 1.73M8 January 2025
Current rentAED 74K /yr16 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, South Ridge Towers 3

What is 1204 worth today?

Last sold for AED 1,730,000 in 2025

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8 Jan 2025SoldReady
AED 1,730,000AED 1,756 per sqft
16 Jun 2023RentedNew contract
AED 74,000/yr12 months · AED 75 per sqft
16 Jun 2022RentedRenewal
AED 74,000/yr12 months · AED 75 per sqft
16 Jun 2021RentedRenewal
AED 74,000/yr12 months · AED 75 per sqft
16 Jun 2020RentedRenewal
AED 75,000/yr12 months · AED 76 per sqft
16 Jun 2019RentedRenewal
AED 85,000/yr12 months · AED 86 per sqft
16 Jun 2018RentedRenewal
AED 93,000/yr12 months · AED 94 per sqft
16 Jun 2017RentedRenewal
AED 90,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 8 January 2025.

Key facts

Type
1-bed apartment
Size
985 sqft
Floor
12th of 25
Parking
B1-188
Developer
Emaar
Completed
2008
Service charge
AED 18,900 /yr
Last sold
AED 1.73M · January 2025

About 1204, South Ridge Towers 3

1204 is a one-bedroom apartment of 985 sqft on the 12th floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 8 January 2025 for AED 1,730,000, or AED 1,756 per sqft, in line with the AED 1,761 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 16 June 2023, is AED 74,000 a year: a gross yield of 4.3% on the 2025 price, before the service charge of about AED 18,900 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, 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, November 2009: AED 412,444 (AED 418 per sqft)Sold, May 2014: AED 1,938,000 (AED 1,967 per sqft)Sold, January 2025: AED 1,730,000 (AED 1,756 per sqft)

1204 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1204, 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, June 2014: AED 115,000 a yearNew contract, June 2016: AED 108,000 a yearRenewal, June 2017: AED 90,000 a yearRenewal, June 2018: AED 93,000 a yearRenewal, June 2019: AED 85,000 a yearRenewal, June 2020: AED 75,000 a yearRenewal, June 2021: AED 74,000 a yearRenewal, June 2022: AED 74,000 a yearNew contract, June 2023: AED 74,000 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 3, and where 1204 sits

All 67 1-beds →

1204 last sold in January 2025 at AED 1,756 per sqft, in line with what one-beds in South Ridge Towers 3 were fetching at the time (AED 1,761). 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. 1204's AED 74,000 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 12th floor

All 117 units in South Ridge Towers 3
Value
12012-bedAED 3.58M · Sep 2025
12022-bedAED 2.58M · Nov 2022
12031-bedAED 1.4M · Jan 2023
12051-bedAED 1.6M · Sep 2014

1204, South Ridge Towers 3 in numbers

  • Sold 3 times: first on 9 November 2009 for AED 412,444, last on 8 January 2025 for AED 1,730,000 (AED 1,756 per sqft).
  • Rented since June 2014 on 9 Ejari contracts, from AED 115,000 to AED 74,000 a year.
  • At AED 74,000 a year the gross yield on the 2025 price is 4.3%, 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 8 January 2025.

Questions about 1204, South Ridge Towers 3

What did unit 1204 last sell for?

AED 1,730,000 on 8 January 2025: AED 1,756 per sqft for 985 sqft. The unit has 3 registered sales; the first was AED 412,444 in November 2009.

What is the rent for unit 1204?

AED 74,000 a year on the contract signed on 16 June 2023. The previous contract, from June 2022, was AED 74,000; the unit has been rented since June 2014.

How big is unit 1204?

985 sqft (91.5 sqm): a one-bedroom apartment on the 12th floor of a 25-storey tower completed in 2008.

What is unit 1204 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 1204, South Ridge Towers 3

Starts from the last sale price (AED 1.73M, 8 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,730,000
Deposit, UAE resident (20%)
AED 346,000
Deposit, non-resident (40%)
AED 692,000
Monthly over 25 years at 3.7%
AED 7,078

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