1-bed · 818 sqftRitaj E, Dubai Investment Park Second · 4th floor

428, Ritaj E

Sold prices and rental history: sold twice, last in September 2024, and rented once, from August 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 428 · DLD and Ejari recordsUpdated 30 September 2024
Last soldAED 400K30 September 2024
Current rentAED 46K /yr20 August 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 428, Ritaj E

What is 428 worth today?

Last sold for AED 400,000 in 2024

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30 Sep 2024SoldReady
AED 400,000AED 489 per sqft
20 Aug 2014Sold by developerReady
AED 780,000AED 958 per sqft
20 Aug 2013RentedNew contract
AED 46,154/yr13 months · AED 56 per sqft

Source: Dubai Land Department. Updated 30 September 2024.

Key facts

Type
1-bed apartment
Size
818 sqft
Floor
4th of 5
Parking
Building 15-2A-12
Service charge
AED 10,400 /yr
Last sold
AED 400K · September 2024
Building
Ritaj E

About 428, Ritaj E

428 is a one-bedroom apartment of 818 sqft on the 4th floor of Ritaj E, a 5-storey tower in Dubai Investment Park Second. It last sold on 30 September 2024 for AED 400,000, or AED 489 per sqft, in line with the AED 487 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 August 2013. The current contract, signed on 20 August 2013, is AED 46,154 a year: a gross yield of 11.5% on the 2024 price, before the service charge of about AED 10,400 a year.

Sales and rents for 428 over time

Sales
Unit 428, 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, August 2014: AED 780,000 (AED 958 per sqft)Sold, September 2024: AED 400,000 (AED 489 per sqft)

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

Rents
Unit 428, 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 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 428 sits

All 92 1-beds →

428 last sold in September 2024 at AED 489 per sqft, in line with what one-beds in Ritaj E were fetching at the time (AED 487). 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. 428's AED 46,154 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

428, Ritaj E in numbers

  • Sold twice: first on 20 August 2014 for AED 780,000, last on 30 September 2024 for AED 400,000 (AED 489 per sqft).
  • Rented since August 2013 on one Ejari contract, at AED 46,154 a year.
  • At AED 46,154 a year the gross yield on the 2024 price is 11.5%, before a service charge of about AED 10,400 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 30 September 2024.

Questions about 428, Ritaj E

What did unit 428 last sell for?

AED 400,000 on 30 September 2024: AED 489 per sqft for 818 sqft. The unit has 2 registered sales; the first was AED 780,000 in August 2014.

What is the rent for unit 428?

AED 46,154 a year on the contract signed on 20 August 2013.

How big is unit 428?

818 sqft (76.0 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 428 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 428, Ritaj E

Starts from the last sale price (AED 400K, 30 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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