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2-bed · 1,542 sqftRitaj E, Dubai Investment Park Second · 5th floor

529, Ritaj E

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

Unit 529 · DLD and Ejari recordsUpdated 15 December 2024
Last soldAED 940K23 January 2014
Current rentAED 80K /yr15 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 529, Ritaj E

What is 529 worth today?

Last sold for AED 940,000 in 2014

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15 Dec 2024RentedNew contract
AED 80,000/yr12 months · AED 52 per sqft
6 Oct 2023RentedRenewal
AED 60,000/yr12 months · AED 39 per sqft
6 Oct 2022RentedRenewal
AED 54,000/yr12 months · AED 35 per sqft
6 Oct 2021RentedRenewal
AED 52,000/yr12 months · AED 34 per sqft
6 Oct 2020RentedNew contract
AED 50,000/yr12 months · AED 32 per sqft
1 Nov 2019RentedRenewal
AED 78,000/yr12 months · AED 51 per sqft
1 Nov 2018RentedRenewal
AED 78,000/yr12 months · AED 51 per sqft
1 Nov 2017RentedNew contract
AED 78,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 15 December 2024.

Key facts

Type
2-bed apartment
Size
1,542 sqft
Floor
5th of 5
Parking
Building 15-2B-19
Service charge
AED 19,700 /yr
Last sold
AED 940K · January 2014
Building
Ritaj E

About 529, Ritaj E

529 is a two-bedroom apartment of 1,542 sqft on the 5th floor of Ritaj E, a 5-storey tower in Dubai Investment Park Second. The developer sold it on 23 January 2014 for AED 940,000, or AED 609 per sqft, 6% above the AED 577 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 15 December 2024, is AED 80,000 a year: a gross yield of 8.5% on the 2014 price, before the service charge of about AED 19,700 a year.

Sales and rents for 529 over time

Sales
Unit 529, 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, January 2014: AED 940,000 (AED 609 per sqft)

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

Rents
Unit 529, 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, June 2014: AED 105,000 a yearNew contract, March 2015: AED 102,000 a yearNew contract, March 2016: AED 105,000 a yearNew contract, November 2017: AED 78,000 a yearRenewal, November 2018: AED 78,000 a yearRenewal, November 2019: AED 78,000 a yearNew contract, October 2020: AED 50,000 a yearRenewal, October 2021: AED 52,000 a yearRenewal, October 2022: AED 54,000 a yearRenewal, October 2023: AED 60,000 a yearNew contract, December 2024: AED 80,000 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 529 sits

All 68 2-beds →

529 last sold in January 2014 at AED 609 per sqft, 6% above what two-beds in Ritaj E were fetching at the time (AED 577). 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. 529's AED 80,000 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 5th floor

All 160 units in Ritaj E
Value
5022-bedAED 940K · Oct 2025
5042-bedAED 700K · May 2024
5052-bedAED 950K · Jul 2026
5062-bedAED 620K · May 2023
5071-bedAED 650K · Aug 2015
5081-bedAED 800K · Mar 2015
5091-bedAED 582K · Feb 2026
1–7 of 24

529, Ritaj E in numbers

  • Sold once: by the developer on 23 January 2014 for AED 940,000, or AED 609 per sqft.
  • Rented since June 2014 on 11 Ejari contracts. The rent fell from AED 105,000 to AED 50,000 in 2020 and recovered to AED 80,000 by December 2024.
  • At AED 80,000 a year the gross yield on the 2014 price is 8.5%, before a service charge of about AED 19,700 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 15 December 2024.

Questions about 529, Ritaj E

What did unit 529 last sell for?

AED 940,000 on 23 January 2014, sold by the developer: AED 609 per sqft for 1,542 sqft. It is the only registered sale of the unit.

What is the rent for unit 529?

AED 80,000 a year on the contract signed on 15 December 2024. The previous contract, from October 2023, was AED 60,000; the unit has been rented since June 2014.

How big is unit 529?

1,542 sqft (143.3 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 529 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 529, Ritaj E

Starts from the last sale price (AED 940K, 23 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 940,000
Deposit, UAE resident (20%)
AED 188,000
Deposit, non-resident (40%)
AED 376,000
Monthly over 25 years at 3.7%
AED 3,846

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