2-bed · 1,538 sqftRitaj F, Dubai Investment Park Second · 2nd floor

229, Ritaj F

Sold prices and rental history: sold once, by the developer in December 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 229 · DLD and Ejari recordsUpdated 16 October 2020

Last soldAED 940K25 December 2011

Current rentAED 48K /yr16 October 2020

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 229, Ritaj F

Today

What is 229 worth today?

Last sold for AED 940,000 in 2011

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16 Oct 2020

16 Oct 2020RentedNew contract

AED 48,000/yr12 months · AED 31 per sqft

5 Jul 2018

5 Jul 2018RentedRenewal

AED 80,000/yr12 months · AED 52 per sqft

5 Jul 2017

5 Jul 2017RentedNew contract

AED 90,000/yr12 months · AED 58 per sqft

8 Jun 2016

8 Jun 2016RentedRenewal

AED 104,334/yr13 months · AED 68 per sqft

8 Jun 2015

8 Jun 2015RentedRenewal

AED 110,000/yr12 months · AED 71 per sqft

8 Jun 2014

8 Jun 2014RentedNew contract

AED 110,000/yr12 months · AED 71 per sqft

25 Dec 2011

25 Dec 2011Sold by developerReady

AED 940,000AED 611 per sqft

Source: Dubai Land Department. Updated 16 October 2020.

Key facts

Type: 2-bed apartment
Size: 1,538 sqft
Floor: 2nd of 5
Parking: 15-4B-21
Service charge: AED 19,000 /yr
Last sold: AED 940K · December 2011
Building: Ritaj F

About 229, Ritaj F

229 is a two-bedroom apartment of 1,538 sqft on the 2nd floor of Ritaj F, a 5-storey tower in Dubai Investment Park Second. The developer sold it on 25 December 2011 for AED 940,000, or AED 611 per sqft, in line with the AED 596 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 16 October 2020, is AED 48,000 a year: a gross yield of 5.1% on the 2011 price, before the service charge of about AED 19,000 a year.

Sales and rents for 229 over time

Sales

Unit 229, each saleTypical two-bed in Ritaj F

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

Rents

Unit 229, each contractTypical two-bed in Ritaj F

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 229 sits

All 68 2-beds →

2-beds in Ritaj F · last 12 months630 /sqft Ritaj F · all types699 /sqft

229 last sold in December 2011 at AED 611 per sqft, in line with what two-beds in Ritaj F were fetching at the time (AED 596). 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. 229's AED 48,000 is at the bottom of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
23 Sep 202623 September 2026	1,540 sqft	980,000	636
4 Aug 20264 August 2026	1,553 sqft	850,000	547
24 Jul 202624 July 2026	1,540 sqft	1,020,000	662
3 Mar 20263 March 2026	1,540 sqft	960,000	623

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 2nd floor

All 164 units in Ritaj F


201	1-bed	828 sqft	AED 415KAED 415,000 · Apr 2023April 2023	59,000 /yr
202	2-bed	1,517 sqft	AED 940KAED 940,000 · Mar 2014March 2014	82,000 /yr
204	2-bed	1,540 sqft	AED 960KAED 960,000 · Mar 2026March 2026	90,000 /yr
205	2-bed	1,540 sqft	AED 750KAED 750,000 · Aug 2018August 2018
206	2-bed	1,537 sqft	AED 1.1MAED 1,100,000 · Mar 2014March 2014	111,000 /yr
207	1-bed	829 sqft	AED 580KAED 579,873 · May 2026May 2026	61,000 /yr
208	1-bed	856 sqft	AED 720KAED 720,000 · Feb 2016February 2016	30,000 /yr
209	1-bed	829 sqft	AED 580KAED 579,873 · May 2026May 2026	60,000 /yr
210	1-bed	829 sqft	AED 638KAED 638,335 · Jan 2026January 2026	48,602 /yr
211	1-bed	832 sqft	AED 687KAED 687,000 · Oct 2012October 2012	55,000 /yr
212	2-bed	1,537 sqft	AED 940KAED 940,000 · Dec 2011December 2011	30,000 /yr
213	1-bed	814 sqft	AED 750KAED 750,000 · Aug 2016August 2016	58,000 /yr
214	2-bed	1,540 sqft	AED 980KAED 980,000 · Sep 2026September 2026	110,000 /yr
215	2-bed	1,540 sqft	AED 844KAED 843,769 · Jul 2024July 2024	85,000 /yr
216	1-bed	829 sqft	AED 580KAED 579,873 · May 2026May 2026	60,000 /yr
217	1-bed	814 sqft	AED 570KAED 569,772 · Apr 2026April 2026	47,311 /yr
218	2-bed	1,540 sqft	AED 710KAED 710,000 · Jul 2019July 2019	100,000 /yr
219	1-bed	832 sqft	AED 615KAED 615,000 · Jan 2017January 2017	61,000 /yr
220	1-bed	829 sqft	AED 567KAED 567,447 · Jan 2025January 2025	38,500 /yr
222	1-bed	856 sqft	AED 675KAED 675,000 · Oct 2016October 2016	43,010 /yr
224	2-bed	1,537 sqft	AED 1.13MAED 1,125,000 · Oct 2014October 2014	70,000 /yr
225	2-bed	1,544 sqft	AED 1.2MAED 1,200,000 · Sep 2025September 2025	57,750 /yr
226	1-bed	828 sqft	AED 650KAED 650,000 · Jan 2014January 2014	43,500 /yr
227	1-bed	826 sqft	AED 562KAED 562,433 · Feb 2025February 2025	39,100 /yr
228	1-bed	816 sqft	AED 580KAED 579,522 · May 2026May 2026	68,000 /yr
230	2-bed	1,550 sqft	AED 700KAED 700,000 · Mar 2024March 2024	70,000 /yr
232	1-bed	828 sqft	AED 687KAED 687,000 · Jul 2014July 2014	60,000 /yr

1–7 of 27

229, Ritaj F in numbers

Sold once: by the developer on 25 December 2011 for AED 940,000, or AED 611 per sqft.
Rented since June 2014 on 6 Ejari contracts, from AED 110,000 to AED 48,000 a year.
At AED 48,000 a year the gross yield on the 2011 price is 5.1%, 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 16 October 2020.

Questions about 229, Ritaj F

What did unit 229 last sell for?

AED 940,000 on 25 December 2011, sold by the developer: AED 611 per sqft for 1,538 sqft. It is the only registered sale of the unit.

What is the rent for unit 229?

AED 48,000 a year on the contract signed on 16 October 2020. The previous contract, from July 2018, was AED 80,000; the unit has been rented since June 2014.

How big is unit 229?

1,538 sqft (142.9 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower.

What is unit 229 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 229, Ritaj F

Starts from the last sale price (AED 940K, 25 December 2011). 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 →