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1-bed · 816 sqftRitaj E, Dubai Investment Park Second · 1st floor

128, Ritaj E

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 128 · DLD and Ejari recordsUpdated 16 May 2024
Last soldAED 410K16 May 2024
Current rentAED 38K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 128, Ritaj E

What is 128 worth today?

Last sold for AED 410,000 in 2024

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16 May 2024SoldReady
AED 410,000AED 502 per sqft
1 Jan 2024RentedNew contract
AED 38,000/yr12 months · AED 46 per sqft
1 Sep 2022RentedRenewal
AED 30,000/yr12 months · AED 37 per sqft
1 Sep 2021RentedRenewal
AED 35,000/yr12 months · AED 43 per sqft
1 Sep 2020RentedNew contract
AED 35,000/yr12 months · AED 43 per sqft
1 Nov 2019RentedNew contract
AED 38,000/yr12 months · AED 47 per sqft
27 Oct 2016RentedRenewal
AED 64,000/yr12 months · AED 79 per sqft
27 Oct 2015RentedNew contract
AED 64,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 16 May 2024.

Key facts

Type
1-bed apartment
Size
816 sqft
Floor
1st of 5
Parking
Building 15-GA-18
Service charge
AED 10,400 /yr
Last sold
AED 410K · May 2024
Building
Ritaj E

About 128, Ritaj E

128 is a one-bedroom apartment of 816 sqft on the 1st floor of Ritaj E, a 5-storey tower in Dubai Investment Park Second. It last sold on 16 May 2024 for AED 410,000, or AED 502 per sqft, 4% above the AED 484 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 1 January 2024, is AED 38,000 a year: a gross yield of 9.3% on the 2024 price, before the service charge of about AED 10,400 a year.

Sales and rents for 128 over time

Sales
Unit 128, each saleTypical one-bed in Ritaj E
400K600K800K2014201820222026Typical sale price by year: 2014 AED 700,000; 2015 AED 780,000; 2017 AED 660,000; 2023 AED 380,000; 2024 AED 405,000; 2025 AED 580,741; 2026 AED 595,728Sold by developer, February 2014: AED 700,000 (AED 863 per sqft)Sold, May 2024: AED 410,000 (AED 502 per sqft)

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

Rents
Unit 128, each contractTypical one-bed in Ritaj E
40K60K2013201720212025Typical rent by year: 2013 AED 46,154; 2014 AED 60,000; 2015 AED 65,000; 2016 AED 65,000; 2017 AED 62,000; 2018 AED 52,000; 2019 AED 45,000; 2020 AED 36,000; 2021 AED 30,462; 2022 AED 32,308; 2023 AED 36,800; 2024 AED 48,500; 2025 AED 55,000; 2026 AED 57,000New contract, February 2014: AED 62,000 a yearNew contract, October 2015: AED 64,000 a yearRenewal, October 2016: AED 64,000 a yearNew contract, November 2019: AED 38,000 a yearNew contract, September 2020: AED 35,000 a yearRenewal, September 2021: AED 35,000 a yearRenewal, September 2022: AED 30,000 a yearNew contract, January 2024: AED 38,000 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 Ritaj E, and where 128 sits

All 92 1-beds →

128 last sold in May 2024 at AED 502 per sqft, 4% above what one-beds in Ritaj E were fetching at the time (AED 484). Over the last 12 months one-beds sold for AED 520,000 to 659,571, around AED 721 per sqft, and rent for AED 36,800 to 70,000 a year. 128's AED 38,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 2026625,000
28 Sep 2026600,000
3 Sep 2026605,714
2 Sep 2026600,000
30 1-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

128, Ritaj E in numbers

  • Sold twice: first on 19 February 2014 for AED 700,000, last on 16 May 2024 for AED 410,000 (AED 502 per sqft).
  • Rented since February 2014 on 8 Ejari contracts. The rent fell from AED 62,000 to AED 30,000 in 2022 and recovered to AED 38,000 by January 2024.
  • At AED 38,000 a year the gross yield on the 2024 price is 9.3%, before a service charge of about AED 10,400 a year (AED 12.75 per sqft).
  • One-beds in Ritaj E sold for AED 520,000–659,571 in the 12 months to November 2026; the building's median across all types is AED 708 per sqft.

Source: Dubai Land Department. Updated 16 May 2024.

Questions about 128, Ritaj E

What did unit 128 last sell for?

AED 410,000 on 16 May 2024: AED 502 per sqft for 816 sqft. The unit has 2 registered sales; the first was AED 700,000 in February 2014.

What is the rent for unit 128?

AED 38,000 a year on the contract signed on 1 January 2024. The previous contract, from September 2022, was AED 30,000; the unit has been rented since February 2014.

How big is unit 128?

816 sqft (75.8 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower.

What is unit 128 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ritaj E sold for AED 520,000 to 659,571 in the last 12 months, around AED 721 per sqft.

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Mortgage on 128, Ritaj E

Starts from the last sale price (AED 410K, 16 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

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