1-bed · 828 sqftRitaj E, Dubai Investment Park Second · 4th floor

423, Ritaj E

Sold prices and rental history: sold once, by the developer in August 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 423 · DLD and Ejari recordsUpdated 26 August 2025
Last soldAED 637K26 August 2025
Current rentAED 55K /yr26 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 423, Ritaj E

What is 423 worth today?

Last sold for AED 637,171 in 2025

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26 Aug 2025Sold by developerReady
AED 637,171AED 769 per sqft
26 Nov 2024RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft
1 Nov 2023RentedRenewal
AED 36,800/yr12 months · AED 44 per sqft
1 Nov 2022RentedRenewal
AED 32,000/yr12 months · AED 39 per sqft
1 Oct 2021RentedNew contract
AED 29,538/yr13 months · AED 36 per sqft
15 Dec 2016RentedRenewal
AED 68,000/yr12 months · AED 82 per sqft
15 Dec 2015RentedRenewal
AED 68,000/yr12 months · AED 82 per sqft
15 Dec 2014RentedNew contract
AED 68,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 26 August 2025.

Key facts

Type
1-bed apartment
Size
828 sqft
Floor
4th of 5
Parking
Building 15-2A-07
Service charge
AED 10,600 /yr
Last sold
AED 637K · August 2025
Building
Ritaj E

About 423, Ritaj E

423 is a one-bedroom apartment of 828 sqft on the 4th floor of Ritaj E, a 5-storey tower in Dubai Investment Park Second. The developer sold it on 26 August 2025 for AED 637,171, or AED 769 per sqft, 10% above the AED 699 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 26 November 2024, is AED 55,000 a year: a gross yield of 8.6% on the 2025 price, before the service charge of about AED 10,600 a year.

Sales and rents for 423 over time

Sales
Unit 423, 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 592,299Sold by developer, August 2025: AED 637,171 (AED 769 per sqft)

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

Rents
Unit 423, 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, December 2014: AED 68,000 a yearRenewal, December 2015: AED 68,000 a yearRenewal, December 2016: AED 68,000 a yearNew contract, October 2021: AED 29,538 a yearRenewal, November 2022: AED 32,000 a yearRenewal, November 2023: AED 36,800 a yearNew contract, November 2024: AED 55,000 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 423 sits

All 92 1-beds →

423 last sold in August 2025 at AED 769 per sqft, 10% above what one-beds in Ritaj E were fetching at the time (AED 699). 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. 423's AED 55,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Nov 2026570,000
3 Nov 2026625,000
28 Sep 2026600,000
3 Sep 2026605,714
31 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. 35 sold in the last 12 months.

Typical price per sqft
AED 702 Up 0.7%
Typical sale
AED 600K
Typical rent
AED 64K /yr
Typical yield
9.1%
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 570K · Nov 2026
4042-bedAED 815K · Jun 2018
4052-bedAED 940K · Dec 2013
4062-bedAED 650K · Apr 2021
4071-bedAED 700K · Mar 2014
1–7 of 27

423, Ritaj E in numbers

  • Sold once: by the developer on 26 August 2025 for AED 637,171, or AED 769 per sqft.
  • Rented since August 2013 on 8 Ejari contracts. The rent fell from AED 46,154 to AED 29,538 in 2021 and recovered to AED 55,000 by November 2024.
  • At AED 55,000 a year the gross yield on the 2025 price is 8.6%, 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 702 per sqft.

Source: Dubai Land Department. Updated 26 August 2025.

Questions about 423, Ritaj E

What did unit 423 last sell for?

AED 637,171 on 26 August 2025, sold by the developer: AED 769 per sqft for 828 sqft. It is the only registered sale of the unit.

What is the rent for unit 423?

AED 55,000 a year on the contract signed on 26 November 2024. The previous contract, from November 2023, was AED 36,800; the unit has been rented since August 2013.

How big is unit 423?

828 sqft (76.9 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 423 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 423, Ritaj E

Starts from the last sale price (AED 637K, 26 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 637,171
Deposit, UAE resident (20%)
AED 127,434
Deposit, non-resident (40%)
AED 254,868
Monthly over 25 years at 3.7%
AED 2,607

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