1-bed · 829 sqftRitaj E, Dubai Investment Park Second · Ground floor

G24, Ritaj E

Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G24 · DLD and Ejari recordsUpdated 25 June 2024
Last soldAED 420K25 April 2024
Current rentAED 50K /yr25 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G24, Ritaj E

What is G24 worth today?

Last sold for AED 420,000 in 2024

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25 Jun 2024RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
25 Apr 2024SoldReady
AED 420,000AED 506 per sqft
14 Dec 2023SoldReady
AED 320,000AED 386 per sqft
5 Jun 2022RentedNew contract
AED 34,000/yr12 months · AED 41 per sqft
18 May 2021RentedNew contract
AED 29,000/yr12 months · AED 35 per sqft
5 Mar 2020RentedNew contract
AED 36,000/yr12 months · AED 43 per sqft
15 Sep 2018RentedRenewal
AED 53,000/yr12 months · AED 64 per sqft
15 Sep 2017RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 25 June 2024.

Key facts

Type
1-bed apartment
Size
829 sqft
Floor
Ground of 5
Parking
G-227
Service charge
AED 10,600 /yr
Last sold
AED 420K · April 2024
Building
Ritaj E

About G24, Ritaj E

G24 is a one-bedroom apartment of 829 sqft on the ground floor of Ritaj E, a 5-storey tower in Dubai Investment Park Second. It last sold on 25 April 2024 for AED 420,000, or AED 506 per sqft, 6% above the AED 479 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 25 June 2024, is AED 50,000 a year: a gross yield of 11.9% on the 2024 price, before the service charge of about AED 10,600 a year.

Sales and rents for G24 over time

Sales
Unit G24, each saleTypical one-bed in Ritaj E
250K500K750K2014201820222026Typical 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, May 2014: AED 350,000 (AED 422 per sqft)Sold, December 2023: AED 320,000 (AED 386 per sqft)Sold, April 2024: AED 420,000 (AED 506 per sqft)

G24 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit G24, 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, June 2014: AED 54,000 a yearNew contract, June 2015: AED 65,000 a yearNew contract, September 2017: AED 55,000 a yearRenewal, September 2018: AED 53,000 a yearNew contract, March 2020: AED 36,000 a yearNew contract, May 2021: AED 29,000 a yearNew contract, June 2022: AED 34,000 a yearNew contract, June 2024: AED 50,000 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 G24 sits

All 92 1-beds →

G24 last sold in April 2024 at AED 506 per sqft, 6% above what one-beds in Ritaj E were fetching at the time (AED 479). 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. G24's AED 50,000 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 ground floor

All 160 units in Ritaj E
Value
G011-bedAED 650K · Jan 2014
G021-bedAED 700K · Feb 2025
G031-bedAED 700K · May 2014
G042-bedAED 1M · Apr 2017
G052-bedAED 850K · Dec 2013
G062-bedAED 875K · Sep 2013
G071-bedAED 650K · Feb 2014
1–7 of 23

G24, Ritaj E in numbers

  • Sold 3 times: first on 27 May 2014 for AED 350,000, last on 25 April 2024 for AED 420,000 (AED 506 per sqft).
  • Rented since June 2014 on 8 Ejari contracts. The rent fell from AED 54,000 to AED 29,000 in 2021 and recovered to AED 50,000 by June 2024.
  • At AED 50,000 a year the gross yield on the 2024 price is 11.9%, 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 25 June 2024.

Questions about G24, Ritaj E

What did unit G24 last sell for?

AED 420,000 on 25 April 2024: AED 506 per sqft for 829 sqft. The unit has 3 registered sales; the first was AED 350,000 in May 2014.

What is the rent for unit G24?

AED 50,000 a year on the contract signed on 25 June 2024. The previous contract, from June 2022, was AED 34,000; the unit has been rented since June 2014.

How big is unit G24?

829 sqft (77.0 sqm): a one-bedroom apartment on the ground floor of a 5-storey tower.

What is unit G24 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 G24, Ritaj E

Starts from the last sale price (AED 420K, 25 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

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