1504, South Ridge Towers 4
Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1504, South Ridge Towers 4
What is 1504 worth today?
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Source: Dubai Land Department. Updated 6 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 985 sqft
- Floor
- 15th of 28
- Parking
- B2-191
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 18,900 /yr
- Last sold
- AED 1.63M · October 2023
- Building
- South Ridge Towers 4
About 1504, South Ridge Towers 4
1504 is a one-bedroom apartment of 985 sqft on the 15th floor of South Ridge Towers 4, a 28-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 6 October 2023 for AED 1,630,000, or AED 1,654 per sqft, in line with the AED 1,643 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 13 November 2022, is AED 84,000 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 18,900 a year.
Sales and rents for 1504 over time
1504 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1504 sits
All 74 1-beds →1504 last sold in October 2023 at AED 1,654 per sqft, in line with what one-beds in South Ridge Towers 4 were fetching at the time (AED 1,643). 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. 1504's AED 84,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jul 20269 July 2026 | 1,025 sqft | 2,100,000 | 2,048 | ||
| 7 May 20267 May 2026 | 1,132 sqft | 2,425,000 | 2,142 | ||
| 22 Jan 202622 January 2026 | 1,025 sqft | 2,200,000 | 2,146 | ||
| 21 Jan 202621 January 2026 | 962 sqft | 1,750,000 | 1,819 |
South Ridge Towers 4
Building131 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%
Other units on the 15th floor
All 131 units in South Ridge Towers 41504, South Ridge Towers 4 in numbers
- Sold twice: first on 27 June 2010 for AED 446,944, last on 6 October 2023 for AED 1,630,000 (AED 1,654 per sqft).
- Rented since September 2018 on 5 Ejari contracts. The rent fell from AED 95,000 to AED 75,000 in 2020 and recovered to AED 84,000 by November 2022.
- At AED 84,000 a year the gross yield on the 2023 price is 5.1%, 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 6 October 2023.
Questions about 1504, South Ridge Towers 4
What did unit 1504 last sell for?
AED 1,630,000 on 6 October 2023: AED 1,654 per sqft for 985 sqft. The unit has 2 registered sales; the first was AED 446,944 in June 2010.
What is the rent for unit 1504?
AED 84,000 a year on the contract renewed on 13 November 2022. The previous contract, from November 2021, was AED 80,000; the unit has been rented since September 2018.
How big is unit 1504?
985 sqft (91.5 sqm): a one-bedroom apartment on the 15th floor of a 28-storey tower completed in 2008.
What is unit 1504 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 1504, South Ridge Towers 4
Starts from the last sale price (AED 1.63M, 6 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,630,000
- Deposit, UAE resident (20%)
- AED 326,000
- Deposit, non-resident (40%)
- AED 652,000
- Monthly over 25 years at 3.7%
- AED 6,669
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →