2-bed · 1,540 sqftRitaj E, Dubai Investment Park Second · 3rd floor

304, Ritaj E

Sold prices and rental history: sold twice, last in August 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 25 August 2023
Last soldAED 735K1 August 2019
Current rentAED 60K /yr25 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Ritaj E

What is 304 worth today?

Last sold for AED 735,000 in 2019

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25 Aug 2023RentedRenewal
AED 60,000/yr12 months · AED 39 per sqft
25 Aug 2022RentedRenewal
AED 46,000/yr12 months · AED 30 per sqft
25 Aug 2021RentedNew contract
AED 54,000/yr12 months · AED 35 per sqft
1 Aug 2019SoldReady
AED 735,000AED 477 per sqft
1 Jan 2017RentedNew contract
AED 97,000/yr12 months · AED 63 per sqft
1 Jan 2016RentedNew contract
AED 97,000/yr12 months · AED 63 per sqft
19 Feb 2014Sold by developerReady
AED 890,000AED 577 per sqft
20 Nov 2013RentedNew contract
AED 89,011/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 25 August 2023.

Key facts

Type
2-bed apartment
Size
1,540 sqft
Floor
3rd of 5
Parking
Building 15-1A-06
Service charge
AED 19,600 /yr
Last sold
AED 735K · August 2019
Building
Ritaj E

About 304, Ritaj E

304 is a two-bedroom apartment of 1,540 sqft on the 3rd floor of Ritaj E, a 5-storey tower in Dubai Investment Park Second. It last sold on 1 August 2019 for AED 735,000, or AED 477 per sqft.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 25 August 2023, is AED 60,000 a year: a gross yield of 8.2% on the 2019 price, before the service charge of about AED 19,600 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, February 2014: AED 890,000 (AED 577 per sqft)Sold, August 2019: AED 735,000 (AED 477 per sqft)

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

Rents
Unit 304, 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, November 2013: AED 89,011 a yearNew contract, January 2016: AED 97,000 a yearNew contract, January 2017: AED 97,000 a yearNew contract, August 2021: AED 54,000 a yearRenewal, August 2022: AED 46,000 a yearRenewal, August 2023: AED 60,000 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 304 sits

All 68 2-beds →

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. 304's AED 60,000 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 3rd floor

All 160 units in Ritaj E
Value
3022-bedAED 990K · Feb 2026
3052-bedAED 510K · Jun 2020
3062-bedAED 950K · Mar 2017
3081-bedAED 800K · Jul 2014
3091-bedAED 582K · Jan 2026
3101-bedAED 582K · Feb 2026
3111-bedAED 602K · Jan 2026
1–7 of 26

304, Ritaj E in numbers

  • Sold twice: first on 19 February 2014 for AED 890,000, last on 1 August 2019 for AED 735,000 (AED 477 per sqft).
  • Rented since November 2013 on 6 Ejari contracts. The rent fell from AED 89,011 to AED 46,000 in 2022 and recovered to AED 60,000 by August 2023.
  • At AED 60,000 a year the gross yield on the 2019 price is 8.2%, 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 25 August 2023.

Questions about 304, Ritaj E

What did unit 304 last sell for?

AED 735,000 on 1 August 2019: AED 477 per sqft for 1,540 sqft. The unit has 2 registered sales; the first was AED 890,000 in February 2014.

What is the rent for unit 304?

AED 60,000 a year on the contract renewed on 25 August 2023. The previous contract, from August 2022, was AED 46,000; the unit has been rented since November 2013.

How big is unit 304?

1,540 sqft (143.1 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower.

What is unit 304 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 304, Ritaj E

Starts from the last sale price (AED 735K, 1 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 735,000
Deposit, UAE resident (20%)
AED 147,000
Deposit, non-resident (40%)
AED 294,000
Monthly over 25 years at 3.7%
AED 3,007

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