1-bed · 985 sqftSouth Ridge Towers 4, Downtown Dubai · 10th floor · completed 2008

1004, South Ridge Towers 4

Sold prices and rental history: sold 4 times, last in April 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 3 October 2024
Last soldAED 1.29M19 April 2018
Current rentAED 105K /yr3 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, South Ridge Towers 4

What is 1004 worth today?

Last sold for AED 1,285,000 in 2018

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3 Oct 2024RentedRenewal
AED 105,000/yr12 months · AED 106 per sqft
3 Oct 2023RentedNew contract
AED 100,000/yr12 months · AED 101 per sqft
3 Oct 2022RentedNew contract
AED 95,000/yr12 months · AED 96 per sqft
25 May 2019RentedRenewal
AED 84,234/yr12 months · AED 85 per sqft
25 May 2018RentedNew contract
AED 88,000/yr12 months · AED 89 per sqft
19 Apr 2018SoldReady
AED 1,285,000AED 1,304 per sqft
25 Jul 2016RentedNew contract
AED 107,000/yr12 months · AED 108 per sqft
20 Jul 2013RentedNew contract
AED 100,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 3 October 2024.

Key facts

Type
1-bed apartment
Size
985 sqft
Floor
10th of 28
Parking
B1-147
Developer
Emaar
Completed
2008
Service charge
AED 18,900 /yr
Last sold
AED 1.29M · April 2018

About 1004, South Ridge Towers 4

1004 is a one-bedroom apartment of 985 sqft on the 10th floor of South Ridge Towers 4, a 28-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 19 April 2018 for AED 1,285,000, or AED 1,304 per sqft, 16% below the AED 1,551 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 3 October 2024, is AED 105,000 a year: a gross yield of 8.2% on the 2018 price, before the service charge of about AED 18,900 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical one-bed in South Ridge Towers 4
1M2M2008201320182023Typical sale price by year: 2008 AED 914,888; 2009 AED 517,944; 2010 AED 876,360; 2011 AED 860,000; 2012 AED 1,100,000; 2013 AED 1,420,000; 2014 AED 1,965,000; 2015 AED 1,700,000; 2016 AED 1,640,000; 2017 AED 1,580,000; 2018 AED 1,350,000; 2019 AED 1,137,500; 2021 AED 1,200,000; 2022 AED 1,400,000; 2023 AED 1,652,500; 2025 AED 1,950,000; 2026 AED 2,150,000Sold by developer, January 2010: AED 2,310,000 (AED 2,345 per sqft)Sold, March 2013: AED 1,420,000 (AED 1,441 per sqft)Sold, July 2013: AED 1,600,000 (AED 1,624 per sqft)Sold, April 2018: AED 1,285,000 (AED 1,304 per sqft)

1004 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1004, each contractTypical one-bed in South Ridge Towers 4
80K100K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 90,000; 2014 AED 103,750; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 108,500; 2018 AED 92,000; 2019 AED 85,000; 2020 AED 75,000; 2021 AED 72,000; 2022 AED 82,000; 2023 AED 92,250; 2024 AED 105,315; 2025 AED 110,000; 2026 AED 110,000New contract, July 2013: AED 100,000 a yearNew contract, July 2016: AED 107,000 a yearNew contract, May 2018: AED 88,000 a yearRenewal, May 2019: AED 84,234 a yearNew contract, October 2022: AED 95,000 a yearNew contract, October 2023: AED 100,000 a yearRenewal, October 2024: AED 105,000 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 4, and where 1004 sits

All 74 1-beds →

1004 last sold in April 2018 at AED 1,304 per sqft, 16% below what one-beds in South Ridge Towers 4 were fetching at the time (AED 1,551). Over the last 12 months one-beds sold for AED 1,750,000 to 2,425,000, around AED 2,095 per sqft, and rent for AED 48,000 to 135,625 a year. 1004's AED 105,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jul 20262,100,000
7 May 20262,425,000
22 Jan 20262,200,000
21 Jan 20261,750,000
4 1-bed sales in the last 12 months

South Ridge Towers 4

Building

131 apartments, studios to 3-bed over 28 floors in Downtown Dubai, completed in 2008 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 2,144
Typical sale
AED 2.31M
Typical rent
AED 128K /yr
Typical yield
5.2%
South Ridge Towers 4, Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 131 units in South Ridge Towers 4
Value
10012-bedAED 893K · Jul 2010
10022-bedAED 2.9M · Oct 2016
10031-bedAED 1.62M · Jan 2024
10051-bedAED 1.7M · Mar 2017

1004, South Ridge Towers 4 in numbers

  • Sold 4 times: first on 31 January 2010 for AED 2,310,000, last on 19 April 2018 for AED 1,285,000 (AED 1,304 per sqft).
  • Rented since July 2013 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 84,234 in 2019 and recovered to AED 105,000 by October 2024.
  • At AED 105,000 a year the gross yield on the 2018 price is 8.2%, before a service charge of about AED 18,900 a year (AED 19.17 per sqft).
  • One-beds in South Ridge Towers 4 sold for AED 1,750,000–2,425,000 in the 12 months to November 2026; the building's median across all types is AED 2,144 per sqft.

Source: Dubai Land Department. Updated 3 October 2024.

Questions about 1004, South Ridge Towers 4

What did unit 1004 last sell for?

AED 1,285,000 on 19 April 2018: AED 1,304 per sqft for 985 sqft. The unit has 4 registered sales; the first was AED 2,310,000 in January 2010.

What is the rent for unit 1004?

AED 105,000 a year on the contract renewed on 3 October 2024. The previous contract, from October 2023, was AED 100,000; the unit has been rented since July 2013.

How big is unit 1004?

985 sqft (91.5 sqm): a one-bedroom apartment on the 10th floor of a 28-storey tower completed in 2008.

What is unit 1004 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 4 sold for AED 1,750,000 to 2,425,000 in the last 12 months, around AED 2,095 per sqft.

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Mortgage on 1004, South Ridge Towers 4

Starts from the last sale price (AED 1.29M, 19 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,285,000
Deposit, UAE resident (20%)
AED 257,000
Deposit, non-resident (40%)
AED 514,000
Monthly over 25 years at 3.7%
AED 5,257

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