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

324, Ritaj E

Sold prices and rental history: sold once, by the developer in January 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 324 · DLD and Ejari recordsUpdated 20 April 2023
Last soldAED 875K15 January 2014
Current rentAED 69K /yr20 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 324, Ritaj E

What is 324 worth today?

Last sold for AED 875,000 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Apr 2023RentedRenewal
AED 69,000/yr12 months · AED 45 per sqft
20 Apr 2022RentedRenewal
AED 54,000/yr12 months · AED 35 per sqft
20 Apr 2021RentedNew contract
AED 46,000/yr12 months · AED 30 per sqft
10 Sep 2020RentedRenewal
AED 65,000/yr12 months · AED 42 per sqft
10 Sep 2019RentedNew contract
AED 65,000/yr12 months · AED 42 per sqft
12 May 2018RentedNew contract
AED 85,000/yr12 months · AED 55 per sqft
23 Mar 2017RentedNew contract
AED 95,000/yr12 months · AED 62 per sqft
10 Jan 2015RentedNew contract
AED 110,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 20 April 2023.

Key facts

Type
2-bed apartment
Size
1,540 sqft
Floor
3rd of 5
Parking
Building 15-1B-02
Service charge
AED 19,600 /yr
Last sold
AED 875K · January 2014
Building
Ritaj E

About 324, Ritaj E

324 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. The developer sold it on 15 January 2014 for AED 875,000, or AED 568 per sqft, in line with the AED 569 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 20 April 2023, is AED 69,000 a year: a gross yield of 7.9% on the 2014 price, before the service charge of about AED 19,600 a year.

Sales and rents for 324 over time

Sales
Unit 324, 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 568 per sqft)

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

Rents
Unit 324, each contractTypical two-bed in Ritaj E
50K100K2013201720212025Typical 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 2015: AED 110,000 a yearNew contract, March 2017: AED 95,000 a yearNew contract, May 2018: AED 85,000 a yearNew contract, September 2019: AED 65,000 a yearRenewal, September 2020: AED 65,000 a yearNew contract, April 2021: AED 46,000 a yearRenewal, April 2022: AED 54,000 a yearRenewal, April 2023: AED 69,000 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 324 sits

All 68 2-beds →

324 last sold in January 2014 at AED 568 per sqft, in line with what two-beds in Ritaj E were fetching at the time (AED 569). 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. 324's AED 69,000 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 3rd floor

All 160 units in Ritaj E
Value
3022-bedAED 990K · Feb 2026
3042-bedAED 735K · Aug 2019
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
1–7 of 26

324, Ritaj E in numbers

  • Sold once: by the developer on 15 January 2014 for AED 875,000, or AED 568 per sqft.
  • Rented since January 2015 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 46,000 in 2021 and recovered to AED 69,000 by April 2023.
  • At AED 69,000 a year the gross yield on the 2014 price is 7.9%, 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 20 April 2023.

Questions about 324, Ritaj E

What did unit 324 last sell for?

AED 875,000 on 15 January 2014, sold by the developer: AED 568 per sqft for 1,540 sqft. It is the only registered sale of the unit.

What is the rent for unit 324?

AED 69,000 a year on the contract renewed on 20 April 2023. The previous contract, from April 2022, was AED 54,000; the unit has been rented since January 2015.

How big is unit 324?

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

What is unit 324 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.

Selling 324? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 324, Ritaj E

Starts from the last sale price (AED 875K, 15 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

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