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1-bed · 830 sqftRitaj E, Dubai Investment Park Second · 4th floor

403, Ritaj E

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

Unit 403 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 700K19 March 2014
Current rentAED 52K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 403, Ritaj E

What is 403 worth today?

Last sold for AED 700,000 in 2014

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15 Sep 2024RentedNew contract
AED 52,000/yr12 months · AED 63 per sqft
10 Sep 2020RentedNew contract
AED 32,000/yr12 months · AED 39 per sqft
1 Jun 2018RentedRenewal
AED 60,162/yr12 months · AED 73 per sqft
29 May 2017RentedRenewal
AED 59,520/yr12 months · AED 72 per sqft
29 May 2016RentedNew contract
AED 65,000/yr12 months · AED 78 per sqft
23 May 2014RentedNew contract
AED 65,000/yr12 months · AED 78 per sqft
19 Mar 2014Sold by developerReady
AED 700,000AED 843 per sqft

Source: Dubai Land Department. Updated 15 September 2024.

Key facts

Type
1-bed apartment
Size
830 sqft
Floor
4th of 5
Parking
Building 15-1B-11
Service charge
AED 10,600 /yr
Last sold
AED 700K · March 2014
Building
Ritaj E

About 403, Ritaj E

403 is a one-bedroom apartment of 830 sqft on the 4th floor of Ritaj E, a 5-storey tower in Dubai Investment Park Second. The developer sold it on 19 March 2014 for AED 700,000, or AED 843 per sqft, 8% above the AED 784 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 15 September 2024, is AED 52,000 a year: a gross yield of 7.4% on the 2014 price, before the service charge of about AED 10,600 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical one-bed in Ritaj E
400K600K800K2014201820222026Typical sale price by year: 2014 AED 700,000; 2015 AED 780,000; 2017 AED 660,000; 2023 AED 380,000; 2024 AED 405,000; 2025 AED 580,741; 2026 AED 595,728Sold by developer, March 2014: AED 700,000 (AED 843 per sqft)

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

Rents
Unit 403, each contractTypical one-bed in Ritaj E
40K60K2013201720212025Typical rent by year: 2013 AED 46,154; 2014 AED 60,000; 2015 AED 65,000; 2016 AED 65,000; 2017 AED 62,000; 2018 AED 52,000; 2019 AED 45,000; 2020 AED 36,000; 2021 AED 30,462; 2022 AED 32,308; 2023 AED 36,800; 2024 AED 48,500; 2025 AED 55,000; 2026 AED 57,000New contract, May 2014: AED 65,000 a yearNew contract, May 2016: AED 65,000 a yearRenewal, May 2017: AED 59,520 a yearRenewal, June 2018: AED 60,162 a yearNew contract, September 2020: AED 32,000 a yearNew contract, September 2024: AED 52,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Ritaj E, and where 403 sits

All 92 1-beds →

403 last sold in March 2014 at AED 843 per sqft, 8% above what one-beds in Ritaj E were fetching at the time (AED 784). Over the last 12 months one-beds sold for AED 520,000 to 659,571, around AED 721 per sqft, and rent for AED 36,800 to 70,000 a year. 403's AED 52,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 2026625,000
28 Sep 2026600,000
3 Sep 2026605,714
2 Sep 2026600,000
30 1-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 4th floor

All 160 units in Ritaj E
Value
4011-bedAED 685K · Jan 2014
4022-bedAED 890K · Dec 2013
4042-bedAED 815K · Jun 2018
4052-bedAED 940K · Dec 2013
4062-bedAED 650K · Apr 2021
4071-bedAED 700K · Mar 2014
4081-bedAED 615K · Mar 2017
1–7 of 27

403, Ritaj E in numbers

  • Sold once: by the developer on 19 March 2014 for AED 700,000, or AED 843 per sqft.
  • Rented since May 2014 on 6 Ejari contracts. The rent fell from AED 65,000 to AED 32,000 in 2020 and recovered to AED 52,000 by September 2024.
  • At AED 52,000 a year the gross yield on the 2014 price is 7.4%, before a service charge of about AED 10,600 a year (AED 12.75 per sqft).
  • One-beds in Ritaj E sold for AED 520,000–659,571 in the 12 months to November 2026; the building's median across all types is AED 708 per sqft.

Source: Dubai Land Department. Updated 15 September 2024.

Questions about 403, Ritaj E

What did unit 403 last sell for?

AED 700,000 on 19 March 2014, sold by the developer: AED 843 per sqft for 830 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 52,000 a year on the contract signed on 15 September 2024. The previous contract, from September 2020, was AED 32,000; the unit has been rented since May 2014.

How big is unit 403?

830 sqft (77.1 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ritaj E sold for AED 520,000 to 659,571 in the last 12 months, around AED 721 per sqft.

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Mortgage on 403, Ritaj E

Starts from the last sale price (AED 700K, 19 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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