1-bed · 933 sqftSouth Ridge Towers 5, Downtown Dubai · 16th floor · completed 2008

1604, South Ridge Towers 5

Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 8 July 2026
Last soldAED 1.1M9 May 2022
Current rentAED 50K /yr8 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, South Ridge Towers 5

What is 1604 worth today?

Last sold for AED 1,101,686 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

8 Jul 2026RentedNew contract
AED 50,000/yr12 months · AED 53 per sqft
8 Jul 2025RentedNew contract
AED 50,000/yr12 months · AED 53 per sqft
8 Jul 2025RentedNew contract
AED 50,000/yr12 months · AED 53 per sqft
20 May 2024RentedRenewal
AED 50,000/yr12 months · AED 53 per sqft
20 May 2024RentedRenewal
AED 75,900/yr12 months · AED 81 per sqft
20 May 2023RentedRenewal
AED 50,000/yr12 months · AED 53 per sqft
20 May 2022RentedNew contract
AED 52,000/yr12 months · AED 56 per sqft
9 May 2022SoldReady
AED 1,101,686AED 1,180 per sqft

Source: Dubai Land Department. Updated 8 July 2026.

Key facts

Type
1-bed apartment
Size
933 sqft
Floor
16th of 33
Parking
L1-135
Developer
Emaar
Completed
2008
Service charge
AED 17,900 /yr
Last sold
AED 1.1M · May 2022

About 1604, South Ridge Towers 5

1604 is a one-bedroom apartment of 933 sqft on the 16th floor of South Ridge Towers 5, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 9 May 2022 for AED 1,101,686, or AED 1,180 per sqft, in line with the AED 1,180 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 8 July 2026, is AED 50,000 a year: a gross yield of 4.5% on the 2022 price, before the service charge of about AED 17,900 a year.

Sales and rents for 1604 over time

Sales
Unit 1604, each saleTypical one-bed in South Ridge Towers 5
1M2M2009201420192024Typical sale price by year: 2009 AED 867,071; 2010 AED 878,888; 2011 AED 846,888; 2012 AED 972,944; 2013 AED 1,399,500; 2014 AED 1,790,000; 2015 AED 1,700,000; 2016 AED 1,585,000; 2017 AED 1,545,000; 2018 AED 1,350,000; 2019 AED 1,125,000; 2021 AED 990,000; 2022 AED 1,295,000; 2023 AED 1,495,000; 2024 AED 1,650,000; 2025 AED 1,870,000; 2026 AED 1,842,500Sold by developer, October 2009: AED 2,434,888 (AED 2,609 per sqft)Sold, May 2022: AED 1,101,686 (AED 1,180 per sqft)

1604 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1604, each contractTypical one-bed in South Ridge Towers 5
50K100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 88,000; 2014 AED 110,000; 2015 AED 114,000; 2016 AED 111,000; 2017 AED 110,000; 2018 AED 95,000; 2019 AED 85,000; 2020 AED 75,000; 2021 AED 74,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 105,000New contract, October 2014: AED 75,000 a yearRenewal, October 2015: AED 65,000 a yearNew contract, May 2022: AED 52,000 a yearRenewal, May 2023: AED 50,000 a yearRenewal, May 2024: AED 50,000 a yearRenewal, May 2024: AED 75,900 a yearNew contract, July 2025: AED 50,000 a yearNew contract, July 2025: AED 50,000 a yearNew contract, July 2026: AED 50,000 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 5, and where 1604 sits

All 63 1-beds →

1604 last sold in May 2022 at AED 1,180 per sqft, in line with what one-beds in South Ridge Towers 5 were fetching at the time (AED 1,180). Over the last 12 months one-beds sold for AED 1,650,000 to 2,000,000, around AED 1,801 per sqft, and rent for AED 50,000 to 140,000 a year. 1604's AED 50,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Jul 20261,765,000
17 Apr 20261,650,000
10 Apr 20261,920,000
2 Feb 20262,000,000
4 1-bed sales in the last 12 months

South Ridge Towers 5

Building

158 apartments, studios to 3-bed over 33 floors in Downtown Dubai, completed in 2008 by Emaar. 9 sold in the last 12 months.

Typical price per sqft
AED 2,057
Typical sale
AED 2M
Typical rent
AED 140K /yr
Typical yield
5.3%
South Ridge Towers 5, Downtown Dubai: prices, sales and rents →

Other units on the 16th floor

All 158 units in South Ridge Towers 5
Value
16013-bedAED 1.98M · Jan 2011
16022-bedAED 3.01M · May 2011
16031-bedAED 1.73M · Jul 2013
16052-bedAED 1.58M · Oct 2011

1604, South Ridge Towers 5 in numbers

  • Sold twice: first on 1 October 2009 for AED 2,434,888, last on 9 May 2022 for AED 1,101,686 (AED 1,180 per sqft).
  • Rented since October 2014 on 9 Ejari contracts, from AED 75,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2022 price is 4.5%, before a service charge of about AED 17,900 a year (AED 19.17 per sqft).
  • One-beds in South Ridge Towers 5 sold for AED 1,650,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,057 per sqft.

Source: Dubai Land Department. Updated 8 July 2026.

Questions about 1604, South Ridge Towers 5

What did unit 1604 last sell for?

AED 1,101,686 on 9 May 2022: AED 1,180 per sqft for 933 sqft. The unit has 2 registered sales; the first was AED 2,434,888 in October 2009.

What is the rent for unit 1604?

AED 50,000 a year on the contract signed on 8 July 2026. The previous contract, from July 2025, was AED 50,000; the unit has been rented since October 2014.

How big is unit 1604?

933 sqft (86.7 sqm): a one-bedroom apartment on the 16th floor of a 33-storey tower completed in 2008.

What is unit 1604 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 5 sold for AED 1,650,000 to 2,000,000 in the last 12 months, around AED 1,801 per sqft.

Selling 1604? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1604, South Ridge Towers 5

Starts from the last sale price (AED 1.1M, 9 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,101,686
Deposit, UAE resident (20%)
AED 220,337
Deposit, non-resident (40%)
AED 440,674
Monthly over 25 years at 3.7%
AED 4,507

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