2-bed · 1,540 sqftRitaj E, Dubai Investment Park Second · 1st floor

124, Ritaj E

Sold prices and rental history: sold 3 times, last in October 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 124 · DLD and Ejari recordsUpdated 3 October 2025
Last soldAED 995K3 October 2025
Current rentAED 48K /yr20 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 124, Ritaj E

What is 124 worth today?

Last sold for AED 995,000 in 2025

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3 Oct 2025SoldReady
AED 995,000AED 646 per sqft
18 Jun 2025SoldReady
AED 878,219AED 570 per sqft
20 Mar 2022RentedNew contract
AED 48,000/yr12 months · AED 31 per sqft
1 Sep 2020RentedRenewal
AED 55,000/yr12 months · AED 36 per sqft
1 Sep 2019RentedRenewal
AED 68,000/yr12 months · AED 44 per sqft
1 Sep 2018RentedNew contract
AED 75,000/yr12 months · AED 49 per sqft
1 Dec 2017RentedNew contract
AED 80,000/yr12 months · AED 52 per sqft
30 Dec 2013Sold by developerReady
AED 875,000AED 569 per sqft

Source: Dubai Land Department. Updated 3 October 2025.

Key facts

Type
2-bed apartment
Size
1,540 sqft
Floor
1st of 5
Parking
Building 15-GA-14
Service charge
AED 19,600 /yr
Last sold
AED 995K · October 2025
Building
Ritaj E

About 124, Ritaj E

124 is a two-bedroom apartment of 1,540 sqft on the 1st floor of Ritaj E, a 5-storey tower in Dubai Investment Park Second. It last sold on 3 October 2025 for AED 995,000, or AED 646 per sqft, 13% above the AED 570 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 20 March 2022, is AED 48,000 a year: a gross yield of 4.8% on the 2025 price, before the service charge of about AED 19,600 a year.

Sales and rents for 124 over time

Sales
Unit 124, 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, December 2013: AED 875,000 (AED 569 per sqft)Sold, June 2025: AED 878,219 (AED 570 per sqft)Sold, October 2025: AED 995,000 (AED 646 per sqft)

124 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 124, 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, December 2017: AED 80,000 a yearNew contract, September 2018: AED 75,000 a yearRenewal, September 2019: AED 68,000 a yearRenewal, September 2020: AED 55,000 a yearNew contract, March 2022: AED 48,000 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 124 sits

All 68 2-beds →

124 last sold in October 2025 at AED 646 per sqft, 13% above what two-beds in Ritaj E were fetching at the time (AED 570). 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. 124's AED 48,000 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

124, Ritaj E in numbers

  • Sold 3 times: first on 30 December 2013 for AED 875,000, last on 3 October 2025 for AED 995,000 (AED 646 per sqft).
  • Rented since December 2017 on 5 Ejari contracts, from AED 80,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2025 price is 4.8%, 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 3 October 2025.

Questions about 124, Ritaj E

What did unit 124 last sell for?

AED 995,000 on 3 October 2025: AED 646 per sqft for 1,540 sqft. The unit has 3 registered sales; the first was AED 875,000 in December 2013.

What is the rent for unit 124?

AED 48,000 a year on the contract signed on 20 March 2022. The previous contract, from September 2020, was AED 55,000; the unit has been rented since December 2017.

How big is unit 124?

1,540 sqft (143.1 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower.

What is unit 124 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 124, Ritaj E

Starts from the last sale price (AED 995K, 3 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 995,000
Deposit, UAE resident (20%)
AED 199,000
Deposit, non-resident (40%)
AED 398,000
Monthly over 25 years at 3.7%
AED 4,071

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