1-bed · 985 sqftSouth Ridge Towers 4, Downtown Dubai · 20th floor · completed 2008

2004, South Ridge Towers 4

Sold prices and rental history: sold twice, last in July 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2004 · DLD and Ejari recordsUpdated 22 November 2024
Last soldAED 750K15 July 2019
Current rentAED 125K /yr22 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2004, South Ridge Towers 4

What is 2004 worth today?

Last sold for AED 750,000 in 2019

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22 Nov 2024RentedRenewal
AED 125,000/yr12 months · AED 126 per sqft
22 Nov 2023RentedRenewal
AED 125,000/yr12 months · AED 126 per sqft
22 Nov 2022RentedNew contract
AED 105,000/yr12 months · AED 106 per sqft
22 Nov 2019RentedNew contract
AED 90,000/yr12 months · AED 91 per sqft
15 Jul 2019SoldReady
AED 750,000AED 761 per sqft
21 Aug 2013RentedNew contract
AED 90,000/yr12 months · AED 91 per sqft
4 Jul 2010Sold by developerReady
AED 919,888AED 933 per sqft

Source: Dubai Land Department. Updated 22 November 2024.

Key facts

Type
1-bed apartment
Size
985 sqft
Floor
20th of 28
Parking
B2-268
Developer
Emaar
Completed
2008
Service charge
AED 18,900 /yr
Last sold
AED 750K · July 2019

About 2004, South Ridge Towers 4

2004 is a one-bedroom apartment of 985 sqft on the 20th floor of South Ridge Towers 4, a 28-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 15 July 2019 for AED 750,000, or AED 761 per sqft, 35% below the AED 1,167 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 22 November 2024, is AED 125,000 a year: a gross yield of 16.7% on the 2019 price, before the service charge of about AED 18,900 a year.

Sales and rents for 2004 over time

Sales
Unit 2004, 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, July 2010: AED 919,888 (AED 933 per sqft)Sold, July 2019: AED 750,000 (AED 761 per sqft)

2004 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2004, each contractTypical one-bed in South Ridge Towers 4
75K100K125K2012201620202024Typical 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, August 2013: AED 90,000 a yearNew contract, November 2019: AED 90,000 a yearNew contract, November 2022: AED 105,000 a yearRenewal, November 2023: AED 125,000 a yearRenewal, November 2024: AED 125,000 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 2004 sits

All 74 1-beds →

2004 last sold in July 2019 at AED 761 per sqft, 35% below what one-beds in South Ridge Towers 4 were fetching at the time (AED 1,167). 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. 2004's AED 125,000 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 20th floor

All 131 units in South Ridge Towers 4
Value
20012-bedAED 3.25M · Sep 2024
20022-bedAED 3.53M · Oct 2023
20031-bedAED 1.08M · May 2010
20051-bedAED 1.64M · Sep 2016

2004, South Ridge Towers 4 in numbers

  • Sold twice: first on 4 July 2010 for AED 919,888, last on 15 July 2019 for AED 750,000 (AED 761 per sqft).
  • Rented since August 2013 on 5 Ejari contracts, from AED 90,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2019 price is 16.7%, 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 22 November 2024.

Questions about 2004, South Ridge Towers 4

What did unit 2004 last sell for?

AED 750,000 on 15 July 2019: AED 761 per sqft for 985 sqft. The unit has 2 registered sales; the first was AED 919,888 in July 2010.

What is the rent for unit 2004?

AED 125,000 a year on the contract renewed on 22 November 2024. The previous contract, from November 2023, was AED 125,000; the unit has been rented since August 2013.

How big is unit 2004?

985 sqft (91.5 sqm): a one-bedroom apartment on the 20th floor of a 28-storey tower completed in 2008.

What is unit 2004 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 2004, South Ridge Towers 4

Starts from the last sale price (AED 750K, 15 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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