1-bed · 985 sqftSouth Ridge Towers 4, Downtown Dubai · 13th floor · completed 2008

1304, South Ridge Towers 4

Sold prices and rental history: sold twice, last in May 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1304 · DLD and Ejari recordsUpdated 8 February 2025
Last soldAED 1.1M29 May 2012
Current rentAED 88K /yr8 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1304, South Ridge Towers 4

What is 1304 worth today?

Last sold for AED 1,100,000 in 2012

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8 Feb 2025RentedRenewal
AED 88,000/yr12 months · AED 89 per sqft
8 Feb 2025RentedRenewal
AED 88,000/yr12 months · AED 89 per sqft
8 Feb 2024RentedRenewal
AED 82,000/yr12 months · AED 83 per sqft
8 Feb 2023RentedRenewal
AED 78,000/yr12 months · AED 79 per sqft
8 Feb 2022RentedRenewal
AED 75,000/yr12 months · AED 76 per sqft
8 Feb 2021RentedNew contract
AED 70,000/yr12 months · AED 71 per sqft
9 Dec 2019RentedNew contract
AED 80,000/yr12 months · AED 81 per sqft
29 Nov 2018RentedNew contract
AED 90,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 8 February 2025.

Key facts

Type
1-bed apartment
Size
985 sqft
Floor
13th of 28
Parking
B2-305
Developer
Emaar
Completed
2008
Service charge
AED 18,900 /yr
Last sold
AED 1.1M · May 2012

About 1304, South Ridge Towers 4

1304 is a one-bedroom apartment of 985 sqft on the 13th floor of South Ridge Towers 4, a 28-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 29 May 2012 for AED 1,100,000, or AED 1,116 per sqft, 41% above the AED 790 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 8 February 2025, is AED 88,000 a year: a gross yield of 8.0% on the 2012 price, before the service charge of about AED 18,900 a year.

Sales and rents for 1304 over time

Sales
Unit 1304, 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, December 2009: AED 441,444 (AED 448 per sqft)Sold, May 2012: AED 1,100,000 (AED 1,116 per sqft)

1304 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1304, 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, May 2014: AED 95,000 a yearNew contract, May 2015: AED 105,000 a yearRenewal, May 2016: AED 105,000 a yearNew contract, May 2017: AED 105,000 a yearRenewal, May 2018: AED 105,000 a yearNew contract, November 2018: AED 90,000 a yearNew contract, December 2019: AED 80,000 a yearNew contract, February 2021: AED 70,000 a yearRenewal, February 2022: AED 75,000 a yearRenewal, February 2023: AED 78,000 a yearRenewal, February 2024: AED 82,000 a yearRenewal, February 2025: AED 88,000 a yearRenewal, February 2025: AED 88,000 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 1304 sits

All 74 1-beds →

1304 last sold in May 2012 at AED 1,116 per sqft, 41% above what one-beds in South Ridge Towers 4 were fetching at the time (AED 790). 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. 1304's AED 88,000 is in the lower 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 13th floor

All 131 units in South Ridge Towers 4
Value
13012-bedAED 3.5M · Jun 2015
13022-bedAED 2.5M · May 2021
13031-bedAED 1.13M · Dec 2019
13051-bedAED 1M · Jun 2019

1304, South Ridge Towers 4 in numbers

  • Sold twice: first on 17 December 2009 for AED 441,444, last on 29 May 2012 for AED 1,100,000 (AED 1,116 per sqft).
  • Rented since May 2014 on 13 Ejari contracts. The rent fell from AED 95,000 to AED 70,000 in 2021 and recovered to AED 88,000 by February 2025.
  • At AED 88,000 a year the gross yield on the 2012 price is 8.0%, 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 8 February 2025.

Questions about 1304, South Ridge Towers 4

What did unit 1304 last sell for?

AED 1,100,000 on 29 May 2012: AED 1,116 per sqft for 985 sqft. The unit has 2 registered sales; the first was AED 441,444 in December 2009.

What is the rent for unit 1304?

AED 88,000 a year on the contract renewed on 8 February 2025. The previous contract, from February 2025, was AED 88,000; the unit has been rented since May 2014.

How big is unit 1304?

985 sqft (91.5 sqm): a one-bedroom apartment on the 13th floor of a 28-storey tower completed in 2008.

What is unit 1304 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 1304, South Ridge Towers 4

Starts from the last sale price (AED 1.1M, 29 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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