Home
Dubai prices
About
Research
2-bed · 1,550 sqftRitaj F, Dubai Investment Park Second · 2nd floor

230, Ritaj F

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 230 · DLD and Ejari recordsUpdated 13 March 2024
Last soldAED 700K13 March 2024
Current rentAED 70K /yr1 December 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 230

Property timeline for 230, Ritaj F

What is 230 worth today?

Last sold for AED 700,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

13 Mar 2024SoldReady
AED 700,000AED 451 per sqft
1 Dec 2018RentedNew contract
AED 70,000/yr12 months · AED 45 per sqft
14 Sep 2017RentedNew contract
AED 75,075/yr12 months · AED 49 per sqft
14 Sep 2016RentedRenewal
AED 71,500/yr12 months · AED 46 per sqft
14 Sep 2015RentedRenewal
AED 70,000/yr12 months · AED 45 per sqft
14 Sep 2014RentedNew contract
AED 62,000/yr12 months · AED 40 per sqft
14 Sep 2013RentedNew contract
AED 55,000/yr12 months · AED 36 per sqft
8 Oct 2012Sold by developerReady
AED 893,000AED 580 per sqft

Source: Dubai Land Department. Updated 13 March 2024.

Key facts

Type
2-bed apartment
Size
1,550 sqft
Floor
2nd of 5
Parking
15-4B-22
Service charge
AED 19,200 /yr
Last sold
AED 700K · March 2024
Building
Ritaj F

About 230, Ritaj F

230 is a two-bedroom apartment of 1,550 sqft on the 2nd floor of Ritaj F, a 5-storey tower in Dubai Investment Park Second. It last sold on 13 March 2024 for AED 700,000, or AED 451 per sqft, in line with the AED 451 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 1 December 2018, is AED 70,000 a year: a gross yield of 10.0% on the 2024 price, before the service charge of about AED 19,200 a year.

Sales and rents for 230 over time

Sales
Unit 230, each saleTypical two-bed in Ritaj F
600K800K1M20112015201920232027Typical 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, October 2012: AED 893,000 (AED 580 per sqft)Sold, March 2024: AED 700,000 (AED 451 per sqft)

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

Rents
Unit 230, 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, September 2012: AED 55,000 a yearNew contract, September 2013: AED 55,000 a yearNew contract, September 2014: AED 62,000 a yearRenewal, September 2015: AED 70,000 a yearRenewal, September 2016: AED 71,500 a yearNew contract, September 2017: AED 75,075 a yearNew contract, December 2018: AED 70,000 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 230 sits

All 68 2-beds →

230 last sold in March 2024 at AED 451 per sqft, in line with what two-beds in Ritaj F were fetching at the time (AED 451). 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. 230's AED 70,000 is in the lower half 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 2nd floor

All 164 units in Ritaj F
Value
2011-bedAED 415K · Apr 2023
2022-bedAED 940K · Mar 2014
2042-bedAED 960K · Mar 2026
2052-bedAED 750K · Aug 2018
2062-bedAED 1.1M · Mar 2014
2071-bedAED 580K · May 2026
2081-bedAED 720K · Feb 2016
1–7 of 27

230, Ritaj F in numbers

  • Sold twice: first on 8 October 2012 for AED 893,000, last on 13 March 2024 for AED 700,000 (AED 451 per sqft).
  • Rented since September 2012 on 7 Ejari contracts, from AED 55,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 10.0%, before a service charge of about AED 19,200 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 13 March 2024.

Questions about 230, Ritaj F

What did unit 230 last sell for?

AED 700,000 on 13 March 2024: AED 451 per sqft for 1,550 sqft. The unit has 2 registered sales; the first was AED 893,000 in October 2012.

What is the rent for unit 230?

AED 70,000 a year on the contract signed on 1 December 2018. The previous contract, from September 2017, was AED 75,075; the unit has been rented since September 2012.

How big is unit 230?

1,550 sqft (144.0 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower.

What is unit 230 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.

Selling 230? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 230, Ritaj F

Starts from the last sale price (AED 700K, 13 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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