2-bed · 1,545 sqftRitaj F, Dubai Investment Park Second · 3rd floor

312, Ritaj F

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 800K10 October 2024
Current rentAED 60K /yr11 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Ritaj F

What is 312 worth today?

Last sold for AED 800,000 in 2024

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10 Oct 2024SoldReady
AED 800,000AED 517 per sqft
11 Nov 2023RentedNew contract
AED 60,000/yr12 months · AED 39 per sqft
11 Nov 2022RentedNew contract
AED 52,000/yr12 months · AED 34 per sqft
10 Aug 2020RentedNew contract
AED 52,000/yr12 months · AED 34 per sqft
3 Jan 2019RentedNew contract
AED 65,000/yr12 months · AED 42 per sqft
5 May 2016RentedNew contract
AED 93,000/yr12 months · AED 60 per sqft
4 Dec 2012Sold by developerReady
AED 470,000AED 304 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
2-bed apartment
Size
1,545 sqft
Floor
3rd of 5
Parking
15-5A-12
Service charge
AED 19,100 /yr
Last sold
AED 800K · October 2024
Building
Ritaj F

About 312, Ritaj F

312 is a two-bedroom apartment of 1,545 sqft on the 3rd floor of Ritaj F, a 5-storey tower in Dubai Investment Park Second. It last sold on 10 October 2024 for AED 800,000, or AED 517 per sqft, in line with the AED 517 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 11 November 2023, is AED 60,000 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 19,100 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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, December 2012: AED 470,000 (AED 304 per sqft)Sold, October 2024: AED 800,000 (AED 517 per sqft)

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

Rents
Unit 312, each contractTypical two-bed in Ritaj F
60K80K100K2012201620202024Typical 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, May 2016: AED 93,000 a yearNew contract, January 2019: AED 65,000 a yearNew contract, August 2020: AED 52,000 a yearNew contract, November 2022: AED 52,000 a yearNew contract, November 2023: AED 60,000 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 312 sits

All 68 2-beds →

312 last sold in October 2024 at AED 517 per sqft, in line with what two-beds in Ritaj F were fetching at the time (AED 517). 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. 312's AED 60,000 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 3rd floor

All 164 units in Ritaj F
Value
3022-bedAED 893K · Feb 2013
3042-bedAED 816K · Sep 2024
3052-bedAED 925K · Sep 2025
3062-bedAED 800K · Sep 2024
3071-bedAED 582K · Feb 2026
3081-bedAED 720K · Feb 2013
3101-bedAED 825K · Dec 2011
1–7 of 26

312, Ritaj F in numbers

  • Sold twice: first on 4 December 2012 for AED 470,000, last on 10 October 2024 for AED 800,000 (AED 517 per sqft).
  • Rented since May 2016 on 5 Ejari contracts. The rent fell from AED 93,000 to AED 52,000 in 2022 and recovered to AED 60,000 by November 2023.
  • At AED 60,000 a year the gross yield on the 2024 price is 7.5%, before a service charge of about AED 19,100 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 10 October 2024.

Questions about 312, Ritaj F

What did unit 312 last sell for?

AED 800,000 on 10 October 2024: AED 517 per sqft for 1,545 sqft. The unit has 2 registered sales; the first was AED 470,000 in December 2012.

What is the rent for unit 312?

AED 60,000 a year on the contract signed on 11 November 2023. The previous contract, from November 2022, was AED 52,000; the unit has been rented since May 2016.

How big is unit 312?

1,545 sqft (143.5 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower.

What is unit 312 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 312, Ritaj F

Starts from the last sale price (AED 800K, 10 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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