2-bed · 1,538 sqftRitaj E, Dubai Investment Park Second · 1st floor

115, Ritaj E

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

Unit 115 · DLD and Ejari recordsUpdated 1 April 2022
Last soldAED 875K2 October 2013
Current rentAED 47K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 115, Ritaj E

What is 115 worth today?

Last sold for AED 875,000 in 2013

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1 Apr 2022RentedRenewal
AED 47,000/yr12 months · AED 31 per sqft
1 Apr 2021RentedRenewal
AED 45,000/yr12 months · AED 29 per sqft
1 Apr 2020RentedNew contract
AED 54,000/yr12 months · AED 35 per sqft
1 Apr 2019RentedRenewal
AED 70,000/yr12 months · AED 45 per sqft
2 Oct 2013Sold by developerReady
AED 875,000AED 569 per sqft

Source: Dubai Land Department. Updated 1 April 2022.

Key facts

Type
2-bed apartment
Size
1,538 sqft
Floor
1st of 5
Parking
Building 15-GA-05
Service charge
AED 19,600 /yr
Last sold
AED 875K · October 2013
Building
Ritaj E

About 115, Ritaj E

115 is a two-bedroom apartment of 1,538 sqft on the 1st floor of Ritaj E, a 5-storey tower in Dubai Investment Park Second. The developer sold it on 2 October 2013 for AED 875,000, or AED 569 per sqft, in line with the AED 569 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 April 2022, is AED 47,000 a year: a gross yield of 5.4% on the 2013 price, before the service charge of about AED 19,600 a year.

Sales and rents for 115 over time

Sales
Unit 115, each saleTypical two-bed in Ritaj E
500K1M2013201720212025Typical sale price by year: 2013 AED 875,000; 2014 AED 940,000; 2015 AED 1,200,000; 2017 AED 950,000; 2020 AED 575,000; 2022 AED 640,000; 2023 AED 620,000; 2024 AED 850,000; 2025 AED 927,500; 2026 AED 950,000Sold by developer, October 2013: AED 875,000 (AED 569 per sqft)

115 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 115, each contractTypical two-bed in Ritaj E
50K75K100K2013201720212025Typical rent by year: 2013 AED 88,909; 2014 AED 90,000; 2015 AED 99,225; 2016 AED 95,000; 2017 AED 88,000; 2018 AED 77,750; 2019 AED 68,500; 2020 AED 55,000; 2021 AED 51,500; 2022 AED 55,000; 2023 AED 60,000; 2024 AED 69,500; 2025 AED 77,175; 2026 AED 85,000Renewal, April 2019: AED 70,000 a yearNew contract, April 2020: AED 54,000 a yearRenewal, April 2021: AED 45,000 a yearRenewal, April 2022: AED 47,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Ritaj E, and where 115 sits

All 68 2-beds →

115 last sold in October 2013 at AED 569 per sqft, in line with what two-beds in Ritaj E were fetching at the time (AED 569). Over the last 12 months two-beds sold for AED 860,000 to 990,000, around AED 600 per sqft, and rent for AED 60,000 to 111,000 a year. 115's AED 47,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Jul 2026950,000
10 Feb 2026990,000
13 Jan 2026900,000
22 Dec 2025860,000
4 2-bed sales in the last 12 months

Ritaj E

Building

160 apartments, 1-bed to 2-bed over 5 floors in Dubai Investment Park Second. 34 sold in the last 12 months.

Typical price per sqft
AED 708 Up 1.6%
Typical sale
AED 601K
Typical rent
AED 64K /yr
Typical yield
9.0%
Ritaj E, Dubai Investment Park Second: prices, sales and rents →

Other units on the 1st floor

All 160 units in Ritaj E
Value
1011-bedAED 592K · Jun 2026
1022-bedAED 1.18M · May 2015
1042-bedAED 850K · Oct 2024
1052-bedAED 900K · Jan 2026
1062-bedAED 900K · Dec 2017
1071-bedAED 580K · Nov 2025
1081-bedAED 800K · Aug 2014
1–7 of 27

115, Ritaj E in numbers

  • Sold once: by the developer on 2 October 2013 for AED 875,000, or AED 569 per sqft.
  • Rented since April 2019 on 4 Ejari contracts, from AED 70,000 to AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2013 price is 5.4%, before a service charge of about AED 19,600 a year (AED 12.75 per sqft).
  • Two-beds in Ritaj E sold for AED 860,000–990,000 in the 12 months to November 2026; the building's median across all types is AED 708 per sqft.

Source: Dubai Land Department. Updated 1 April 2022.

Questions about 115, Ritaj E

What did unit 115 last sell for?

AED 875,000 on 2 October 2013, sold by the developer: AED 569 per sqft for 1,538 sqft. It is the only registered sale of the unit.

What is the rent for unit 115?

AED 47,000 a year on the contract renewed on 1 April 2022. The previous contract, from April 2021, was AED 45,000; the unit has been rented since April 2019.

How big is unit 115?

1,538 sqft (142.9 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower.

What is unit 115 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Ritaj E sold for AED 860,000 to 990,000 in the last 12 months, around AED 600 per sqft.

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Mortgage on 115, Ritaj E

Starts from the last sale price (AED 875K, 2 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

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