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

204, Ritaj E

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

Unit 204 · DLD and Ejari recordsUpdated 28 October 2024
Last soldAED 850K28 October 2024
Current rentAED 58K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 204, Ritaj E

What is 204 worth today?

Last sold for AED 850,000 in 2024

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28 Oct 2024SoldReady
AED 850,000AED 551 per sqft
1 Sep 2023RentedRenewal
AED 57,500/yr12 months · AED 37 per sqft
1 Sep 2022RentedRenewal
AED 50,000/yr12 months · AED 32 per sqft
1 Sep 2021RentedRenewal
AED 46,000/yr12 months · AED 30 per sqft
1 Sep 2020RentedRenewal
AED 50,000/yr12 months · AED 32 per sqft
1 Sep 2019RentedRenewal
AED 65,000/yr12 months · AED 42 per sqft
1 Sep 2018RentedNew contract
AED 75,000/yr12 months · AED 49 per sqft
10 Sep 2017RentedNew contract
AED 90,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 28 October 2024.

Key facts

Type
2-bed apartment
Size
1,540 sqft
Floor
2nd of 5
Parking
Building 15-GA-24
Service charge
AED 19,600 /yr
Last sold
AED 850K · October 2024
Building
Ritaj E

About 204, Ritaj E

204 is a two-bedroom apartment of 1,540 sqft on the 2nd floor of Ritaj E, a 5-storey tower in Dubai Investment Park Second. It last sold on 28 October 2024 for AED 850,000, or AED 551 per sqft, 17% above the AED 469 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 57,500 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 19,600 a year.

Sales and rents for 204 over time

Sales
Unit 204, 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 875,000 (AED 569 per sqft)Sold, October 2024: AED 850,000 (AED 551 per sqft)

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

Rents
Unit 204, 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, April 2014: AED 95,000 a yearRenewal, April 2015: AED 95,000 a yearNew contract, April 2016: AED 95,000 a yearNew contract, September 2017: AED 90,000 a yearNew contract, September 2018: AED 75,000 a yearRenewal, September 2019: AED 65,000 a yearRenewal, September 2020: AED 50,000 a yearRenewal, September 2021: AED 46,000 a yearRenewal, September 2022: AED 50,000 a yearRenewal, September 2023: AED 57,500 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 204 sits

All 68 2-beds →

204 last sold in October 2024 at AED 551 per sqft, 17% above what two-beds in Ritaj E were fetching at the time (AED 469). 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. 204's AED 57,500 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 2nd floor

All 160 units in Ritaj E
Value
2011-bedAED 651K · Nov 2025
2022-bedAED 445K · Jan 2014
2052-bedAED 940K · Jan 2014
2062-bedAED 875K · Oct 2013
2081-bedAED 800K · Jul 2014
2091-bedAED 780K · Mar 2015
2101-bedAED 638K · Jan 2026
1–7 of 27

204, Ritaj E in numbers

  • Sold twice: first on 9 January 2014 for AED 875,000, last on 28 October 2024 for AED 850,000 (AED 551 per sqft).
  • Rented since April 2014 on 10 Ejari contracts. The rent fell from AED 95,000 to AED 46,000 in 2021 and recovered to AED 57,500 by September 2023.
  • At AED 57,500 a year the gross yield on the 2024 price is 6.8%, 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 28 October 2024.

Questions about 204, Ritaj E

What did unit 204 last sell for?

AED 850,000 on 28 October 2024: AED 551 per sqft for 1,540 sqft. The unit has 2 registered sales; the first was AED 875,000 in January 2014.

What is the rent for unit 204?

AED 57,500 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 50,000; the unit has been rented since April 2014.

How big is unit 204?

1,540 sqft (143.1 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower.

What is unit 204 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 204, Ritaj E

Starts from the last sale price (AED 850K, 28 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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