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

230, Ritaj E

Sold prices and rental history: sold twice, last in July 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 230 · DLD and Ejari recordsUpdated 25 May 2022
Last soldAED 1.15M31 July 2017
Current rentAED 55K /yr25 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 230, Ritaj E

What is 230 worth today?

Last sold for AED 1,150,000 in 2017

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25 May 2022RentedNew contract
AED 55,000/yr12 months · AED 36 per sqft
17 Dec 2020RentedNew contract
AED 50,000/yr13 months · AED 32 per sqft
31 Jul 2017SoldReady
AED 1,150,000AED 747 per sqft
10 Mar 2016RentedNew contract
AED 95,000/yr12 months · AED 62 per sqft
2 Feb 2015RentedNew contract
AED 95,000/yr12 months · AED 62 per sqft
9 Jan 2014Sold by developerReady
AED 940,000AED 611 per sqft
9 Jan 2014RentedNew contract
AED 93,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 25 May 2022.

Key facts

Type
2-bed apartment
Size
1,550 sqft
Floor
2nd of 5
Parking
Building 15-1A-02
Service charge
AED 19,800 /yr
Last sold
AED 1.15M · July 2017
Building
Ritaj E

About 230, Ritaj E

230 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 31 July 2017 for AED 1,150,000, or AED 747 per sqft, 15% above the AED 650 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 25 May 2022, is AED 55,000 a year: a gross yield of 4.8% on the 2017 price, before the service charge of about AED 19,800 a year.

Sales and rents for 230 over time

Sales
Unit 230, 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, July 2017: AED 1,150,000 (AED 747 per sqft)

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

Rents
Unit 230, 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 93,000 a yearNew contract, February 2015: AED 95,000 a yearNew contract, March 2016: AED 95,000 a yearNew contract, December 2020: AED 50,000 a yearNew contract, May 2022: AED 55,000 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 230 sits

All 68 2-beds →

230 last sold in July 2017 at AED 747 per sqft, 15% above what two-beds in Ritaj E were fetching at the time (AED 650). 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. 230's AED 55,000 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 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

230, Ritaj E in numbers

  • Sold twice: first on 9 January 2014 for AED 940,000, last on 31 July 2017 for AED 1,150,000 (AED 747 per sqft).
  • Rented since January 2014 on 5 Ejari contracts, from AED 93,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2017 price is 4.8%, 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 25 May 2022.

Questions about 230, Ritaj E

What did unit 230 last sell for?

AED 1,150,000 on 31 July 2017: AED 747 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 230?

AED 55,000 a year on the contract signed on 25 May 2022. The previous contract, from December 2020, was AED 50,000; the unit has been rented since January 2014.

How big is unit 230?

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

What is unit 230 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 230, Ritaj E

Starts from the last sale price (AED 1.15M, 31 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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