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

530, Ritaj E

Sold prices and rental history: sold 3 times, last in August 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 530 · DLD and Ejari recordsUpdated 9 August 2022
Last soldAED 640K9 August 2022
Current rentAED 50K /yr1 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 530, Ritaj E

What is 530 worth today?

Last sold for AED 640,000 in 2022

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9 Aug 2022SoldReady
AED 640,000AED 415 per sqft
1 Apr 2021RentedNew contract
AED 50,000/yr12 months · AED 32 per sqft
17 Dec 2020SoldReady
AED 600,000AED 389 per sqft
1 Apr 2019RentedNew contract
AED 68,000/yr12 months · AED 44 per sqft
10 Mar 2018RentedRenewal
AED 80,000/yr12 months · AED 52 per sqft
10 Mar 2017RentedRenewal
AED 90,000/yr12 months · AED 58 per sqft
10 Mar 2016RentedNew contract
AED 90,000/yr12 months · AED 58 per sqft
25 Jan 2015RentedNew contract
AED 95,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 9 August 2022.

Key facts

Type
2-bed apartment
Size
1,542 sqft
Floor
5th of 5
Parking
Building 15-2B-20
Service charge
AED 19,700 /yr
Last sold
AED 640K · August 2022
Building
Ritaj E

About 530, Ritaj E

530 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. It last sold on 9 August 2022 for AED 640,000, or AED 415 per sqft.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 1 April 2021, is AED 50,000 a year: a gross yield of 7.8% on the 2022 price, before the service charge of about AED 19,700 a year.

Sales and rents for 530 over time

Sales
Unit 530, 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 975,000 (AED 632 per sqft)Sold, December 2020: AED 600,000 (AED 389 per sqft)Sold, August 2022: AED 640,000 (AED 415 per sqft)

530 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 530, 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, January 2014: AED 90,000 a yearNew contract, January 2015: AED 95,000 a yearNew contract, March 2016: AED 90,000 a yearRenewal, March 2017: AED 90,000 a yearRenewal, March 2018: AED 80,000 a yearNew contract, April 2019: AED 68,000 a yearNew contract, April 2021: AED 50,000 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 530 sits

All 68 2-beds →

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. 530's AED 50,000 is at the bottom 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

530, Ritaj E in numbers

  • Sold 3 times: first on 23 January 2014 for AED 975,000, last on 9 August 2022 for AED 640,000 (AED 415 per sqft).
  • Rented since January 2014 on 7 Ejari contracts, from AED 90,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2022 price is 7.8%, 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 9 August 2022.

Questions about 530, Ritaj E

What did unit 530 last sell for?

AED 640,000 on 9 August 2022: AED 415 per sqft for 1,542 sqft. The unit has 3 registered sales; the first was AED 975,000 in January 2014.

What is the rent for unit 530?

AED 50,000 a year on the contract signed on 1 April 2021. The previous contract, from April 2019, was AED 68,000; the unit has been rented since January 2014.

How big is unit 530?

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

What is unit 530 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 530, Ritaj E

Starts from the last sale price (AED 640K, 9 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

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