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2-bed · 1,550 sqftRitaj E, Dubai Investment Park Second · 2nd floor

229, Ritaj E

Sold prices and rental history: sold twice, last in August 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 229 · DLD and Ejari recordsUpdated 11 August 2025
Last soldAED 915K11 August 2025
Current rentAED 80K /yr20 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 229, Ritaj E

What is 229 worth today?

Last sold for AED 915,000 in 2025

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11 Aug 2025SoldReady
AED 915,000AED 590 per sqft
20 Jul 2024RentedNew contract
AED 80,000/yr12 months · AED 52 per sqft
1 Oct 2023RentedRenewal
AED 72,000/yr6 months · AED 46 per sqft
1 Oct 2022RentedRenewal
AED 56,000/yr12 months · AED 37 per sqft
5 Oct 2021RentedRenewal
AED 54,607/yr12 months · AED 36 per sqft
5 Oct 2020RentedNew contract
AED 54,000/yr12 months · AED 35 per sqft
1 Oct 2020RentedNew contract
AED 54,000/yr12 months · AED 35 per sqft
1 Sep 2018RentedNew contract
AED 75,000/yr6 months · AED 49 per sqft

Source: Dubai Land Department. Updated 11 August 2025.

Key facts

Type
2-bed apartment
Size
1,550 sqft
Floor
2nd of 5
Parking
Building 15-1A-01
Service charge
AED 19,800 /yr
Last sold
AED 915K · August 2025
Building
Ritaj E

About 229, Ritaj E

229 is a two-bedroom apartment of 1,550 sqft on the 2nd floor of Ritaj E, a 5-storey tower in Dubai Investment Park Second. It last sold on 11 August 2025 for AED 915,000, or AED 590 per sqft, 7% above the AED 552 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 20 July 2024, is AED 80,000 a year: a gross yield of 8.7% on the 2025 price, before the service charge of about AED 19,800 a year.

Sales and rents for 229 over time

Sales
Unit 229, 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 940,000 (AED 611 per sqft)Sold, August 2025: AED 915,000 (AED 590 per sqft)

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

Rents
Unit 229, 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, January 2014: AED 91,000 a yearNew contract, January 2015: AED 100,000 a yearRenewal, January 2016: AED 100,000 a yearNew contract, July 2017: AED 87,000 a yearNew contract, September 2018: AED 75,000 a yearNew contract, October 2020: AED 54,000 a yearNew contract, October 2020: AED 54,000 a yearRenewal, October 2021: AED 54,607 a yearRenewal, October 2022: AED 56,000 a yearRenewal, October 2023: AED 72,000 a yearNew contract, July 2024: AED 80,000 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 229 sits

All 68 2-beds →

229 last sold in August 2025 at AED 590 per sqft, 7% above what two-beds in Ritaj E were fetching at the time (AED 552). 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. 229's AED 80,000 is in the lower half 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
2042-bedAED 850K · Oct 2024
2052-bedAED 940K · Jan 2014
2062-bedAED 875K · Oct 2013
2081-bedAED 800K · Jul 2014
2091-bedAED 780K · Mar 2015
1–7 of 27

229, Ritaj E in numbers

  • Sold twice: first on 9 January 2014 for AED 940,000, last on 11 August 2025 for AED 915,000 (AED 590 per sqft).
  • Rented since January 2014 on 11 Ejari contracts. The rent fell from AED 91,000 to AED 54,000 in 2020 and recovered to AED 80,000 by July 2024.
  • At AED 80,000 a year the gross yield on the 2025 price is 8.7%, before a service charge of about AED 19,800 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 11 August 2025.

Questions about 229, Ritaj E

What did unit 229 last sell for?

AED 915,000 on 11 August 2025: AED 590 per sqft for 1,550 sqft. The unit has 2 registered sales; the first was AED 940,000 in January 2014.

What is the rent for unit 229?

AED 80,000 a year on the contract signed on 20 July 2024. The previous contract, from October 2023, was AED 72,000; the unit has been rented since January 2014.

How big is unit 229?

1,550 sqft (144.0 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower.

What is unit 229 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 229, Ritaj E

Starts from the last sale price (AED 915K, 11 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 915,000
Deposit, UAE resident (20%)
AED 183,000
Deposit, non-resident (40%)
AED 366,000
Monthly over 25 years at 3.7%
AED 3,744

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