1-bed · 915 sqftSouth Ridge Towers 6, Downtown Dubai · 9th floor · completed 2008

904, South Ridge Towers 6

Sold prices and rental history: sold 4 times, last in March 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 904 · DLD and Ejari recordsUpdated 24 March 2021
Last soldAED 944K24 March 2021
Current rentAED 70K /yr15 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 904, South Ridge Towers 6

What is 904 worth today?

Last sold for AED 944,288 in 2021

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24 Mar 2021SoldReady
AED 944,288AED 1,031 per sqft
15 Apr 2020RentedNew contract
AED 70,000/yr12 months · AED 76 per sqft
26 Feb 2019RentedNew contract
AED 75,000/yr12 months · AED 82 per sqft
1 Feb 2017RentedNew contract
AED 105,000/yr12 months · AED 115 per sqft
15 Nov 2015RentedRenewal
AED 110,571/yr14 months · AED 121 per sqft
15 Nov 2014RentedNew contract
AED 115,000/yr12 months · AED 126 per sqft
18 Jan 2012SoldReady
AED 860,000AED 939 per sqft
8 May 2011SoldReady
AED 795,000AED 868 per sqft

Source: Dubai Land Department. Updated 24 March 2021.

Key facts

Type
1-bed apartment
Size
915 sqft
Floor
9th of 39
Parking
B2-377
Developer
Emaar
Completed
2008
Service charge
AED 17,500 /yr
Last sold
AED 944K · March 2021

About 904, South Ridge Towers 6

904 is a one-bedroom apartment of 915 sqft on the 9th floor of South Ridge Towers 6, a 39-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 24 March 2021 for AED 944,288, or AED 1,031 per sqft, in line with the AED 1,027 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 15 April 2020, is AED 70,000 a year: a gross yield of 7.4% on the 2021 price, before the service charge of about AED 17,500 a year.

Sales and rents for 904 over time

Sales
Unit 904, 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, August 2009: AED 432,566 (AED 472 per sqft)Sold, May 2011: AED 795,000 (AED 868 per sqft)Sold, January 2012: AED 860,000 (AED 939 per sqft)Sold, March 2021: AED 944,288 (AED 1,031 per sqft)

904 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 904, each contractTypical one-bed in South Ridge Towers 6
75K100K2012201620202024Typical 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, November 2014: AED 115,000 a yearRenewal, November 2015: AED 110,571 a yearNew contract, February 2017: AED 105,000 a yearNew contract, February 2019: AED 75,000 a yearNew contract, April 2020: AED 70,000 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 6, and where 904 sits

All 72 1-beds →

904 last sold in March 2021 at AED 1,031 per sqft, in line with what one-beds in South Ridge Towers 6 were fetching at the time (AED 1,027). 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. 904's AED 70,000 is at the bottom 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 9th floor

All 186 units in South Ridge Towers 6
Value
9012-bedAED 1.35M · Mar 2011
9023-bedAED 3.7M · Mar 2018
9032-bedAED 2.05M · Mar 2021
9051-bedAED 920K · Aug 2011

904, South Ridge Towers 6 in numbers

  • Sold 4 times: first on 16 August 2009 for AED 432,566, last on 24 March 2021 for AED 944,288 (AED 1,031 per sqft).
  • Rented since November 2014 on 5 Ejari contracts, from AED 115,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2021 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 24 March 2021.

Questions about 904, South Ridge Towers 6

What did unit 904 last sell for?

AED 944,288 on 24 March 2021: AED 1,031 per sqft for 915 sqft. The unit has 4 registered sales; the first was AED 432,566 in August 2009.

What is the rent for unit 904?

AED 70,000 a year on the contract signed on 15 April 2020. The previous contract, from February 2019, was AED 75,000; the unit has been rented since November 2014.

How big is unit 904?

915 sqft (85.0 sqm): a one-bedroom apartment on the 9th floor of a 39-storey tower completed in 2008.

What is unit 904 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 904, South Ridge Towers 6

Starts from the last sale price (AED 944K, 24 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 944,288
Deposit, UAE resident (20%)
AED 188,858
Deposit, non-resident (40%)
AED 377,715
Monthly over 25 years at 3.7%
AED 3,863

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