1-bed · 936 sqftSouth Ridge Towers 2, Downtown Dubai · 20th floor · completed 2008

2004, South Ridge Towers 2

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 25 May 2022
Last soldAED 1.09M11 July 2019
Current rentAED 79K /yr25 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2004, South Ridge Towers 2

What is 2004 worth today?

Last sold for AED 1,092,000 in 2019

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25 May 2022RentedRenewal
AED 78,750/yr12 months · AED 84 per sqft
25 May 2021RentedNew contract
AED 75,000/yr12 months · AED 80 per sqft
11 Jul 2019SoldReady
AED 1,092,000AED 1,166 per sqft
15 Oct 2017RentedNew contract
AED 100,000/yr12 months · AED 107 per sqft
28 Aug 2016RentedNew contract
AED 100,000/yr12 months · AED 107 per sqft
1 Aug 2015RentedNew contract
AED 94,500/yr12 months · AED 101 per sqft
1 Aug 2014RentedNew contract
AED 90,000/yr12 months · AED 96 per sqft
1 Aug 2013RentedNew contract
AED 90,000/yr12 months · AED 96 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 May 2022.

Key facts

Type
1-bed apartment
Size
936 sqft
Floor
20th of 33
Parking
B1-134
Developer
Emaar
Completed
2008
Service charge
AED 17,900 /yr
Last sold
AED 1.09M · July 2019

About 2004, South Ridge Towers 2

2004 is a one-bedroom apartment of 936 sqft on the 20th floor of South Ridge Towers 2, a 33-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 11 July 2019 for AED 1,092,000, or AED 1,166 per sqft.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 25 May 2022, is AED 78,750 a year: a gross yield of 7.2% on the 2019 price, before the service charge of about AED 17,900 a year.

Sales and rents for 2004 over time

Sales
Unit 2004, each saleTypical one-bed in South Ridge Towers 2
1M2M2009201420192024Typical sale price by year: 2009 AED 963,552; 2010 AED 841,888; 2011 AED 778,060; 2012 AED 1,025,000; 2013 AED 1,395,000; 2014 AED 1,935,000; 2015 AED 1,900,000; 2016 AED 1,612,500; 2017 AED 1,604,789; 2018 AED 1,510,000; 2019 AED 935,000; 2020 AED 1,100,000; 2021 AED 1,200,000; 2022 AED 1,410,000; 2023 AED 1,482,500; 2024 AED 1,575,000; 2025 AED 1,960,000Sold by developer, July 2010: AED 1,125,000 (AED 1,201 per sqft)Sold, July 2019: AED 1,092,000 (AED 1,166 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 2
75K100K125K2012201620202024Typical rent by year: 2012 AED 77,500; 2013 AED 90,000; 2014 AED 108,500; 2015 AED 115,000; 2016 AED 115,000; 2017 AED 109,696; 2018 AED 97,750; 2019 AED 90,000; 2020 AED 80,000; 2021 AED 75,000; 2022 AED 83,500; 2023 AED 92,000; 2024 AED 100,000; 2025 AED 110,250; 2026 AED 120,000New contract, August 2013: AED 90,000 a yearNew contract, August 2014: AED 90,000 a yearNew contract, August 2015: AED 94,500 a yearNew contract, August 2016: AED 100,000 a yearNew contract, October 2017: AED 100,000 a yearNew contract, May 2021: AED 75,000 a yearRenewal, May 2022: AED 78,750 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 2, and where 2004 sits

All 92 1-beds →

Over the last 12 months one-beds sold for AED 42,510, around AED 48 per sqft, and rent for AED 97,650 to 290,000 a year. 2004's AED 78,750 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Dec 202542,510
2 Jul 202562,422
14 May 20251,596,210
8 May 20252,060,000
1 1-bed sale in the last 12 months

South Ridge Towers 2

Building

158 apartments, 1-bed to 3-bed over 33 floors in Downtown Dubai, completed in 2008 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 48
Typical sale
AED 43K
Typical rent
AED 125K /yr
Typical yield
239.5%
South Ridge Towers 2, Downtown Dubai: prices, sales and rents →

Other units on the 20th floor

All 158 units in South Ridge Towers 2
Value
20012-bedAED 1.8M · Jul 2009
20022-bedAED 3.57M · Apr 2025
20031-bedAED 1.95M · May 2014
2005AED 2.22M · Aug 2025

2004, South Ridge Towers 2 in numbers

  • Sold twice: first on 20 July 2010 for AED 1,125,000, last on 11 July 2019 for AED 1,092,000 (AED 1,166 per sqft).
  • Rented since August 2013 on 7 Ejari contracts, from AED 90,000 to AED 78,750 a year.
  • At AED 78,750 a year the gross yield on the 2019 price is 7.2%, before a service charge of about AED 17,900 a year (AED 19.17 per sqft).
  • One-beds in South Ridge Towers 2 sold for AED 42,510–42,510 in the 12 months to November 2026; the building's median across all types is AED 48 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 25 May 2022.

Questions about 2004, South Ridge Towers 2

What did unit 2004 last sell for?

AED 1,092,000 on 11 July 2019: AED 1,166 per sqft for 936 sqft. The unit has 2 registered sales; the first was AED 1,125,000 in July 2010.

What is the rent for unit 2004?

AED 78,750 a year on the contract renewed on 25 May 2022. The previous contract, from May 2021, was AED 75,000; the unit has been rented since August 2013.

How big is unit 2004?

936 sqft (87.0 sqm): a one-bedroom apartment on the 20th floor of a 33-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 2 sold for AED 42,510 to 42,510 in the last 12 months, around AED 48 per sqft.

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Mortgage on 2004, South Ridge Towers 2

Starts from the last sale price (AED 1.09M, 11 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,092,000
Deposit, UAE resident (20%)
AED 218,400
Deposit, non-resident (40%)
AED 436,800
Monthly over 25 years at 3.7%
AED 4,468

Plus AED 50,874 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →