1-bed · 915 sqftSouth Ridge Towers 6, Downtown Dubai · 16th floor · completed 2008

1604, South Ridge Towers 6

Sold prices and rental history: sold twice, last in May 2023, 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 15 June 2024
Last soldAED 1.29M29 May 2023
Current rentAED 95K /yr15 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, South Ridge Towers 6

What is 1604 worth today?

Last sold for AED 1,286,000 in 2023

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15 Jun 2024RentedRenewal
AED 95,000/yr12 months · AED 104 per sqft
15 Jun 2024RentedRenewal
AED 47,368/yr24 months · AED 52 per sqft
15 Jun 2023RentedNew contract
AED 95,000/yr12 months · AED 104 per sqft
29 May 2023SoldReady
AED 1,286,000AED 1,405 per sqft
29 Oct 2021RentedRenewal
AED 72,000/yr12 months · AED 79 per sqft
29 Oct 2020RentedRenewal
AED 72,000/yr12 months · AED 79 per sqft
29 Oct 2019RentedRenewal
AED 77,000/yr12 months · AED 84 per sqft
29 Oct 2018RentedNew contract
AED 80,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 15 June 2024.

Key facts

Type
1-bed apartment
Size
915 sqft
Floor
16th of 39
Parking
B2-387
Developer
Emaar
Completed
2008
Service charge
AED 17,500 /yr
Last sold
AED 1.29M · May 2023

About 1604, South Ridge Towers 6

1604 is a one-bedroom apartment of 915 sqft on the 16th floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 29 May 2023 for AED 1,286,000, or AED 1,405 per sqft, in line with the AED 1,422 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 15 June 2024, is AED 95,000 a year: a gross yield of 7.4% on the 2023 price, before the service charge of about AED 17,500 a year.

Sales and rents for 1604 over time

Sales
Unit 1604, each saleTypical one-bed in South Ridge Towers 6
1M2M2009201420192024Typical sale price by year: 2009 AED 849,888; 2010 AED 923,888; 2011 AED 920,000; 2012 AED 1,010,000; 2013 AED 1,400,000; 2014 AED 1,880,000; 2016 AED 1,060,029; 2017 AED 1,620,000; 2021 AED 1,030,000; 2022 AED 582,250; 2023 AED 1,532,500; 2024 AED 1,775,000; 2025 AED 1,880,000; 2026 AED 1,825,000Sold by developer, July 2010: AED 880,888 (AED 962 per sqft)Sold, May 2023: AED 1,286,000 (AED 1,405 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 6
50K100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 85,000; 2014 AED 100,000; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 100,992; 2018 AED 94,750; 2019 AED 86,000; 2020 AED 75,000; 2021 AED 72,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 105,000; 2025 AED 112,000; 2026 AED 115,000New contract, June 2014: AED 88,000 a yearRenewal, June 2015: AED 92,400 a yearNew contract, October 2018: AED 80,000 a yearRenewal, October 2019: AED 77,000 a yearRenewal, October 2020: AED 72,000 a yearRenewal, October 2021: AED 72,000 a yearNew contract, June 2023: AED 95,000 a yearRenewal, June 2024: AED 95,000 a yearRenewal, June 2024: AED 47,368 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 6, and where 1604 sits

All 72 1-beds →

1604 last sold in May 2023 at AED 1,405 per sqft, in line with what one-beds in South Ridge Towers 6 were fetching at the time (AED 1,422). Over the last 12 months one-beds sold for AED 1,750,000 to 2,200,000, around AED 1,994 per sqft, and rent for AED 90,000 to 167,204 a year. 1604's AED 95,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Sep 20262,200,000
3 Sep 20261,750,000
8 May 20261,800,000
12 Jan 20261,850,000
4 1-bed sales in the last 12 months

South Ridge Towers 6

Building

186 apartments, 1-bed to 3-bed over 39 floors in Downtown Dubai, completed in 2008 by Emaar. 9 sold in the last 12 months.

Typical price per sqft
AED 2,140
Typical sale
AED 3M
Typical rent
AED 150K /yr
Typical yield
5.3%
South Ridge Towers 6, Downtown Dubai: prices, sales and rents →

Other units on the 16th floor

All 186 units in South Ridge Towers 6
Value
16012-bedAED 2.5M · Dec 2023
16023-bedAED 1.4M · Aug 2019
16032-bedAED 3.9M · Jul 2025
16051-bedAED 1.53M · Jan 2023

1604, South Ridge Towers 6 in numbers

  • Sold twice: first on 6 July 2010 for AED 880,888, last on 29 May 2023 for AED 1,286,000 (AED 1,405 per sqft).
  • Rented since June 2014 on 9 Ejari contracts. The rent fell from AED 88,000 to AED 47,368 in 2024 and recovered to AED 95,000 by June 2024.
  • At AED 95,000 a year the gross yield on the 2023 price is 7.4%, before a service charge of about AED 17,500 a year (AED 19.17 per sqft).
  • One-beds in South Ridge Towers 6 sold for AED 1,750,000–2,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,140 per sqft.

Source: Dubai Land Department. Updated 15 June 2024.

Questions about 1604, South Ridge Towers 6

What did unit 1604 last sell for?

AED 1,286,000 on 29 May 2023: AED 1,405 per sqft for 915 sqft. The unit has 2 registered sales; the first was AED 880,888 in July 2010.

What is the rent for unit 1604?

AED 95,000 a year on the contract renewed on 15 June 2024. The previous contract, from June 2024, was AED 47,368; the unit has been rented since June 2014.

How big is unit 1604?

915 sqft (85.0 sqm): a one-bedroom apartment on the 16th floor of a 39-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 6 sold for AED 1,750,000 to 2,200,000 in the last 12 months, around AED 1,994 per sqft.

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Mortgage on 1604, South Ridge Towers 6

Starts from the last sale price (AED 1.29M, 29 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,286,000
Deposit, UAE resident (20%)
AED 257,200
Deposit, non-resident (40%)
AED 514,400
Monthly over 25 years at 3.7%
AED 5,261

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