1-bed · 985 sqftSouth Ridge Towers 3, Downtown Dubai · 7th floor · completed 2008

704, South Ridge Towers 3

Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 31 October 2025
Last soldAED 1.75M30 July 2024
Current rentAED 130K /yr31 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, South Ridge Towers 3

What is 704 worth today?

Last sold for AED 1,750,000 in 2024

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31 Oct 2025RentedNew contract
AED 130,000/yr12 months · AED 133 per sqft
29 Sep 2024RentedNew contract
AED 130,000/yr12 months · AED 131 per sqft
30 Jul 2024SoldReady
AED 1,750,000AED 1,776 per sqft
28 Mar 2021SoldReady
AED 1,060,000AED 1,076 per sqft
1 Feb 2019RentedRenewal
AED 100,000/yr12 months · AED 101 per sqft
1 Feb 2018RentedRenewal
AED 110,000/yr12 months · AED 111 per sqft
1 Feb 2017RentedNew contract
AED 110,000/yr12 months · AED 111 per sqft
7 Jul 2015SoldReady
AED 1,600,000AED 1,624 per sqft

Source: Dubai Land Department. Updated 31 October 2025.

Key facts

Type
1-bed apartment
Size
985 sqft
Floor
7th of 25
Parking
B2-182
Developer
Emaar
Completed
2008
Service charge
AED 18,900 /yr
Last sold
AED 1.75M · July 2024

About 704, South Ridge Towers 3

704 is a one-bedroom apartment of 985 sqft on the 7th floor of South Ridge Towers 3, a 25-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 30 July 2024 for AED 1,750,000, or AED 1,776 per sqft, in line with the AED 1,754 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 31 October 2025, is AED 130,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 18,900 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, March 2011: AED 399,444 (AED 405 per sqft)Sold, July 2015: AED 1,600,000 (AED 1,624 per sqft)Sold, March 2021: AED 1,060,000 (AED 1,076 per sqft)Sold, July 2024: AED 1,750,000 (AED 1,776 per sqft)

704 has sold 4 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 3
100K2013201720212025Typical 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, February 2017: AED 110,000 a yearRenewal, February 2018: AED 110,000 a yearRenewal, February 2019: AED 100,000 a yearNew contract, September 2024: AED 130,000 a yearNew contract, October 2025: AED 130,000 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 704 sits

All 67 1-beds →

704 last sold in July 2024 at AED 1,776 per sqft, in line with what one-beds in South Ridge Towers 3 were fetching at the time (AED 1,754). 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. 704's AED 130,000 is in the lower half 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 7th floor

All 117 units in South Ridge Towers 3
Value
7012-bedAED 1.65M · Jul 2010
7022-bedAED 2.51M · Jun 2010
7031-bedAED 1.78M · Dec 2024
7051-bedAED 1.8M · Jun 2026

704, South Ridge Towers 3 in numbers

  • Sold 4 times: first on 8 March 2011 for AED 399,444, last on 30 July 2024 for AED 1,750,000 (AED 1,776 per sqft).
  • Rented since February 2017 on 5 Ejari contracts, from AED 110,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2024 price is 7.4%, 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 31 October 2025.

Questions about 704, South Ridge Towers 3

What did unit 704 last sell for?

AED 1,750,000 on 30 July 2024: AED 1,776 per sqft for 985 sqft. The unit has 4 registered sales; the first was AED 399,444 in March 2011.

What is the rent for unit 704?

AED 130,000 a year on the contract signed on 31 October 2025. The previous contract, from September 2024, was AED 130,000; the unit has been rented since February 2017.

How big is unit 704?

985 sqft (91.5 sqm): a one-bedroom apartment on the 7th floor of a 25-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 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 704, South Ridge Towers 3

Starts from the last sale price (AED 1.75M, 30 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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