2-bed · 1,537 sqftRitaj E, Dubai Investment Park Second · 1st floor

118, Ritaj E

Sold prices and rental history: sold twice, last in December 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 25 November 2025
Last soldAED 488K17 December 2017
Current rentAED 60K /yr25 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 118, Ritaj E

What is 118 worth today?

Last sold for AED 487,500 in 2017

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25 Nov 2025RentedRenewal
AED 60,000/yr12 months · AED 39 per sqft
25 Nov 2024RentedRenewal
AED 58,000/yr12 months · AED 38 per sqft
25 Nov 2023RentedRenewal
AED 56,000/yr12 months · AED 36 per sqft
25 Nov 2022RentedNew contract
AED 50,000/yr12 months · AED 33 per sqft
6 Oct 2020RentedNew contract
AED 47,000/yr12 months · AED 31 per sqft
17 Dec 2017SoldReady
AED 487,500AED 634 per sqft
30 Jan 2014Sold by developerReady
AED 975,000AED 634 per sqft

Source: Dubai Land Department. Updated 25 November 2025.

Key facts

Type
2-bed apartment
Size
1,537 sqft
Floor
1st of 5
Parking
Building 15-GA-08
Service charge
AED 19,600 /yr
Last sold
AED 488K · December 2017
Building
Ritaj E

About 118, Ritaj E

118 is a two-bedroom apartment of 1,537 sqft on the 1st floor of Ritaj E, a 5-storey tower in Dubai Investment Park Second. It last sold on 17 December 2017 for AED 487,500, or AED 634 per sqft, in line with the AED 630 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 25 November 2025, is AED 60,000 a year: a gross yield of 12.3% on the 2017 price, before the service charge of about AED 19,600 a year.

Sales and rents for 118 over time

Sales
Unit 118, 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, January 2014: AED 975,000 (AED 634 per sqft)Sold, December 2017: AED 487,500 (AED 634 per sqft)

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

Rents
Unit 118, 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 85,000New contract, October 2020: AED 47,000 a yearNew contract, November 2022: AED 50,000 a yearRenewal, November 2023: AED 56,000 a yearRenewal, November 2024: AED 58,000 a yearRenewal, November 2025: AED 60,000 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 118 sits

All 68 2-beds →

118 last sold in December 2017 at AED 634 per sqft, in line with what two-beds in Ritaj E were fetching at the time (AED 630). 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. 118's AED 60,000 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

118, Ritaj E in numbers

  • Sold twice: first on 30 January 2014 for AED 975,000, last on 17 December 2017 for AED 487,500 (AED 634 per sqft).
  • Rented since October 2020 on 5 Ejari contracts, from AED 47,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2017 price is 12.3%, 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 25 November 2025.

Questions about 118, Ritaj E

What did unit 118 last sell for?

AED 487,500 on 17 December 2017: AED 634 per sqft for 1,537 sqft. The unit has 2 registered sales; the first was AED 975,000 in January 2014.

What is the rent for unit 118?

AED 60,000 a year on the contract renewed on 25 November 2025. The previous contract, from November 2024, was AED 58,000; the unit has been rented since October 2020.

How big is unit 118?

1,537 sqft (142.8 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower.

What is unit 118 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 118, Ritaj E

Starts from the last sale price (AED 488K, 17 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 487,500
Deposit, UAE resident (20%)
AED 97,500
Deposit, non-resident (40%)
AED 195,000
Monthly over 25 years at 3.7%
AED 1,995

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