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2-bed · 1,537 sqftRitaj F, Dubai Investment Park Second · 1st floor

118, Ritaj F

Sold prices and rental history: sold 3 times, last in November 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 28 November 2021
Last soldAED 641K28 November 2021
Current rentAED 50K /yr21 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 118, Ritaj F

What is 118 worth today?

Last sold for AED 641,000 in 2021

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28 Nov 2021SoldReady
AED 641,000AED 417 per sqft
23 Nov 2021SoldReady
AED 940,000AED 611 per sqft
21 Dec 2020RentedRenewal
AED 50,000/yr12 months · AED 32 per sqft
21 Dec 2019RentedRenewal
AED 58,500/yr12 months · AED 38 per sqft
21 Dec 2018RentedRenewal
AED 65,000/yr12 months · AED 42 per sqft
21 Dec 2017RentedRenewal
AED 65,000/yr12 months · AED 42 per sqft
21 Dec 2016RentedRenewal
AED 80,000/yr12 months · AED 52 per sqft
21 Dec 2015RentedNew contract
AED 80,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 28 November 2021.

Key facts

Type
2-bed apartment
Size
1,537 sqft
Floor
1st of 5
Parking
15-4A-02
Service charge
AED 19,000 /yr
Last sold
AED 641K · November 2021
Building
Ritaj F

About 118, Ritaj F

118 is a two-bedroom apartment of 1,537 sqft on the 1st floor of Ritaj F, a 5-storey tower in Dubai Investment Park Second. It last sold on 28 November 2021 for AED 641,000, or AED 417 per sqft, 11% below the AED 468 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 21 December 2020, is AED 50,000 a year: a gross yield of 7.8% on the 2021 price, before the service charge of about AED 19,000 a year.

Sales and rents for 118 over time

Sales
Unit 118, each saleTypical two-bed in Ritaj F
500K750K1M20112015201920232027Typical sale price by year: 2011 AED 916,500; 2012 AED 893,000; 2013 AED 660,000; 2014 AED 940,000; 2015 AED 1,000,000; 2018 AED 790,000; 2021 AED 613,000; 2022 AED 672,300; 2024 AED 800,000; 2025 AED 883,230; 2026 AED 955,000Sold by developer, February 2013: AED 470,000 (AED 305 per sqft)Sold, November 2021: AED 641,000 (AED 417 per sqft)Sold, November 2021: AED 940,000 (AED 611 per sqft)

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

Rents
Unit 118, each contractTypical two-bed in Ritaj F
60K80K2012201620202024Typical rent by year: 2012 AED 60,000; 2013 AED 75,000; 2014 AED 89,252; 2015 AED 90,000; 2016 AED 90,000; 2017 AED 85,000; 2018 AED 80,000; 2019 AED 67,000; 2020 AED 55,000; 2021 AED 50,000; 2022 AED 54,000; 2023 AED 60,000; 2024 AED 68,250; 2025 AED 80,500; 2026 AED 85,000New contract, December 2013: AED 70,000 a yearNew contract, December 2015: AED 80,000 a yearRenewal, December 2016: AED 80,000 a yearRenewal, December 2017: AED 65,000 a yearRenewal, December 2018: AED 65,000 a yearRenewal, December 2019: AED 58,500 a yearRenewal, December 2020: 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 F, and where 118 sits

All 68 2-beds →

118 last sold in November 2021 at AED 417 per sqft, 11% below what two-beds in Ritaj F were fetching at the time (AED 468). Over the last 12 months two-beds sold for AED 850,000 to 1,020,000, around AED 630 per sqft, and rent for AED 69,458 to 111,000 a year. 118's AED 50,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Sep 2026980,000
4 Aug 2026850,000
24 Jul 20261,020,000
3 Mar 2026960,000
6 2-bed sales in the last 12 months

Ritaj F

Building

164 apartments, 1-bed to 2-bed over 5 floors in Dubai Investment Park Second. 44 sold in the last 12 months.

Typical price per sqft
AED 699 Level
Typical sale
AED 582K
Typical rent
AED 64K /yr
Typical yield
9.6%
Ritaj F, Dubai Investment Park Second: prices, sales and rents →

Other units on the 1st floor

All 164 units in Ritaj F
Value
1022-bedAED 470K · May 2013
1031-bedAED 580K · Mar 2026
1042-bedAED 1.02M · Jul 2026
1052-bedAED 1.05M · Jul 2015
1062-bedAED 830K · Oct 2018
1071-bedAED 580K · May 2025
1081-bedAED 320K · Dec 2023
1–7 of 27

118, Ritaj F in numbers

  • Sold 3 times: first on 25 February 2013 for AED 470,000, last on 28 November 2021 for AED 641,000 (AED 417 per sqft).
  • Rented since December 2013 on 7 Ejari contracts, from AED 70,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2021 price is 7.8%, before a service charge of about AED 19,000 a year (AED 12.38 per sqft).
  • Two-beds in Ritaj F sold for AED 850,000–1,020,000 in the 12 months to November 2026; the building's median across all types is AED 699 per sqft.

Source: Dubai Land Department. Updated 28 November 2021.

Questions about 118, Ritaj F

What did unit 118 last sell for?

AED 641,000 on 28 November 2021: AED 417 per sqft for 1,537 sqft. The unit has 3 registered sales; the first was AED 470,000 in February 2013.

What is the rent for unit 118?

AED 50,000 a year on the contract renewed on 21 December 2020. The previous contract, from December 2019, was AED 58,500; the unit has been rented since December 2013.

How big is unit 118?

1,537 sqft (142.8 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower.

What is unit 118 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Ritaj F sold for AED 850,000 to 1,020,000 in the last 12 months, around AED 630 per sqft.

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Mortgage on 118, Ritaj F

Starts from the last sale price (AED 641K, 28 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 641,000
Deposit, UAE resident (20%)
AED 128,200
Deposit, non-resident (40%)
AED 256,400
Monthly over 25 years at 3.7%
AED 2,623

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