2-bed · 1,538 sqftRitaj E, Dubai Investment Park Second · 4th floor

414, Ritaj E

Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 414 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 890K11 December 2013
Current rentAED 72K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 414, Ritaj E

What is 414 worth today?

Last sold for AED 890,000 in 2013

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1 Aug 2024RentedRenewal
AED 72,000/yr12 months · AED 47 per sqft
1 Aug 2023RentedRenewal
AED 60,000/yr12 months · AED 39 per sqft
1 Aug 2022RentedRenewal
AED 55,000/yr12 months · AED 36 per sqft
1 Aug 2021RentedRenewal
AED 50,000/yr12 months · AED 32 per sqft
1 Aug 2020RentedRenewal
AED 55,000/yr12 months · AED 36 per sqft
1 Aug 2019RentedNew contract
AED 62,000/yr12 months · AED 40 per sqft
15 Jun 2018RentedRenewal
AED 75,000/yr12 months · AED 49 per sqft
15 Jun 2017RentedNew contract
AED 85,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
2-bed apartment
Size
1,538 sqft
Floor
4th of 5
Parking
Building 15-1B-22
Service charge
AED 19,600 /yr
Last sold
AED 890K · December 2013
Building
Ritaj E

About 414, Ritaj E

414 is a two-bedroom apartment of 1,538 sqft on the 4th floor of Ritaj E, a 5-storey tower in Dubai Investment Park Second. The developer sold it on 11 December 2013 for AED 890,000, or AED 578 per sqft, in line with the AED 569 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 72,000 a year: a gross yield of 8.1% on the 2013 price, before the service charge of about AED 19,600 a year.

Sales and rents for 414 over time

Sales
Unit 414, 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, December 2013: AED 890,000 (AED 578 per sqft)

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

Rents
Unit 414, 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 90,000 a yearNew contract, May 2016: AED 90,000 a yearNew contract, June 2017: AED 85,000 a yearRenewal, June 2018: AED 75,000 a yearNew contract, August 2019: AED 62,000 a yearRenewal, August 2020: AED 55,000 a yearRenewal, August 2021: AED 50,000 a yearRenewal, August 2022: AED 55,000 a yearRenewal, August 2023: AED 60,000 a yearRenewal, August 2024: AED 72,000 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 414 sits

All 68 2-beds →

414 last sold in December 2013 at AED 578 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. 414's AED 72,000 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 4th floor

All 160 units in Ritaj E
Value
4011-bedAED 685K · Jan 2014
4022-bedAED 890K · Dec 2013
4031-bedAED 700K · Mar 2014
4042-bedAED 815K · Jun 2018
4052-bedAED 940K · Dec 2013
4062-bedAED 650K · Apr 2021
4071-bedAED 700K · Mar 2014
1–7 of 27

414, Ritaj E in numbers

  • Sold once: by the developer on 11 December 2013 for AED 890,000, or AED 578 per sqft.
  • Rented since November 2013 on 10 Ejari contracts. The rent fell from AED 90,000 to AED 50,000 in 2021 and recovered to AED 72,000 by August 2024.
  • At AED 72,000 a year the gross yield on the 2013 price is 8.1%, 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 1 August 2024.

Questions about 414, Ritaj E

What did unit 414 last sell for?

AED 890,000 on 11 December 2013, sold by the developer: AED 578 per sqft for 1,538 sqft. It is the only registered sale of the unit.

What is the rent for unit 414?

AED 72,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 60,000; the unit has been rented since November 2013.

How big is unit 414?

1,538 sqft (142.9 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 414 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 414, Ritaj E

Starts from the last sale price (AED 890K, 11 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 890,000
Deposit, UAE resident (20%)
AED 178,000
Deposit, non-resident (40%)
AED 356,000
Monthly over 25 years at 3.7%
AED 3,641

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