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1-bed · 831 sqftRitaj E, Dubai Investment Park Second · 4th floor

420, Ritaj E

Sold prices and rental history: sold once, by the developer in September 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 420 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 780K18 September 2014
Current rentAED 53K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 420, Ritaj E

What is 420 worth today?

Last sold for AED 780,000 in 2014

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1 May 2024RentedNew contract
AED 53,000/yr12 months · AED 64 per sqft
19 Sep 2023RentedRenewal
AED 42,000/yr12 months · AED 51 per sqft
19 Sep 2022RentedRenewal
AED 36,000/yr12 months · AED 43 per sqft
19 Sep 2021RentedRenewal
AED 35,000/yr12 months · AED 42 per sqft
20 Sep 2020RentedRenewal
AED 35,094/yr12 months · AED 42 per sqft
20 Sep 2019RentedRenewal
AED 42,000/yr12 months · AED 51 per sqft
20 Sep 2018RentedRenewal
AED 42,000/yr12 months · AED 51 per sqft
20 Sep 2017RentedRenewal
AED 42,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
1-bed apartment
Size
831 sqft
Floor
4th of 5
Parking
Building 15-2A-04
Service charge
AED 10,600 /yr
Last sold
AED 780K · September 2014
Building
Ritaj E

About 420, Ritaj E

420 is a one-bedroom apartment of 831 sqft on the 4th floor of Ritaj E, a 5-storey tower in Dubai Investment Park Second. The developer sold it on 18 September 2014 for AED 780,000, or AED 938 per sqft, 11% above the AED 846 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 1 May 2024, is AED 53,000 a year: a gross yield of 6.8% on the 2014 price, before the service charge of about AED 10,600 a year.

Sales and rents for 420 over time

Sales
Unit 420, 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, September 2014: AED 780,000 (AED 938 per sqft)

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

Rents
Unit 420, 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, August 2013: AED 46,154 a yearNew contract, September 2014: AED 65,000 a yearNew contract, September 2016: AED 65,000 a yearRenewal, September 2017: AED 42,000 a yearRenewal, September 2018: AED 42,000 a yearRenewal, September 2019: AED 42,000 a yearRenewal, September 2020: AED 35,094 a yearRenewal, September 2021: AED 35,000 a yearRenewal, September 2022: AED 36,000 a yearRenewal, September 2023: AED 42,000 a yearNew contract, May 2024: AED 53,000 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 420 sits

All 92 1-beds →

420 last sold in September 2014 at AED 938 per sqft, 11% above what one-beds in Ritaj E were fetching at the time (AED 846). 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. 420's AED 53,000 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
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

420, Ritaj E in numbers

  • Sold once: by the developer on 18 September 2014 for AED 780,000, or AED 938 per sqft.
  • Rented since August 2013 on 11 Ejari contracts. The rent fell from AED 46,154 to AED 35,000 in 2021 and recovered to AED 53,000 by May 2024.
  • At AED 53,000 a year the gross yield on the 2014 price is 6.8%, 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 1 May 2024.

Questions about 420, Ritaj E

What did unit 420 last sell for?

AED 780,000 on 18 September 2014, sold by the developer: AED 938 per sqft for 831 sqft. It is the only registered sale of the unit.

What is the rent for unit 420?

AED 53,000 a year on the contract signed on 1 May 2024. The previous contract, from September 2023, was AED 42,000; the unit has been rented since August 2013.

How big is unit 420?

831 sqft (77.2 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 420 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 420, Ritaj E

Starts from the last sale price (AED 780K, 18 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

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