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2-bed · 1,547 sqftRitaj F, Dubai Investment Park Second · 4th floor

402, Ritaj F

Sold prices and rental history: sold 3 times, last in November 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 30 August 2024
Last soldAED 1.4M8 November 2022
Current rentAED 58K /yr30 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 402, Ritaj F

What is 402 worth today?

Last sold for AED 1,400,000 in 2022

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30 Aug 2024RentedRenewal
AED 57,845/yr12 months · AED 38 per sqft
28 Aug 2024RentedRenewal
AED 57,536/yr12 months · AED 37 per sqft
27 Aug 2023RentedRenewal
AED 52,858/yr12 months · AED 34 per sqft
8 Nov 2022SoldReady
AED 1,400,000AED 905 per sqft
28 Aug 2021RentedRenewal
AED 50,000/yr12 months · AED 32 per sqft
28 Aug 2020RentedRenewal
AED 56,000/yr12 months · AED 36 per sqft
28 Aug 2019RentedNew contract
AED 62,000/yr12 months · AED 40 per sqft
21 Jul 2018RentedRenewal
AED 88,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 30 August 2024.

Key facts

Type
2-bed apartment
Size
1,547 sqft
Floor
4th of 5
Parking
15-5B-10
Service charge
AED 19,100 /yr
Last sold
AED 1.4M · November 2022
Building
Ritaj F

About 402, Ritaj F

402 is a two-bedroom apartment of 1,547 sqft on the 4th floor of Ritaj F, a 5-storey tower in Dubai Investment Park Second. It last sold on 8 November 2022 for AED 1,400,000, or AED 905 per sqft, 108% above the AED 436 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 30 August 2024, is AED 57,845 a year: a gross yield of 4.1% on the 2022 price, before the service charge of about AED 19,100 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical two-bed in Ritaj F
500K1M1.5M20112015201920232027Typical 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, March 2014: AED 1,125,000 (AED 727 per sqft)Sold, June 2016: AED 980,000 (AED 633 per sqft)Sold, November 2022: AED 1,400,000 (AED 905 per sqft)

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

Rents
Unit 402, each contractTypical two-bed in Ritaj F
50K75K100K2012201620202024Typical 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 2015: AED 95,000 a yearNew contract, July 2016: AED 100,000 a yearRenewal, July 2017: AED 95,000 a yearRenewal, July 2018: AED 88,000 a yearNew contract, August 2019: AED 62,000 a yearRenewal, August 2020: AED 56,000 a yearRenewal, August 2021: AED 50,000 a yearRenewal, August 2023: AED 52,858 a yearRenewal, August 2024: AED 57,845 a yearRenewal, August 2024: AED 57,536 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 402 sits

All 68 2-beds →

402 last sold in November 2022 at AED 905 per sqft, 108% above what two-beds in Ritaj F were fetching at the time (AED 436). 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. 402's AED 57,845 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 4th floor

All 164 units in Ritaj F
Value
4042-bedAED 600K · Sep 2022
4052-bedAED 710K · Feb 2024
4062-bedAED 715K · May 2024
4071-bedAED 650K · Mar 2014
4091-bedAED 653K · Jul 2025
4101-bedAED 582K · Mar 2026
4111-bedAED 465K · May 2024
1–7 of 25

402, Ritaj F in numbers

  • Sold 3 times: first on 30 March 2014 for AED 1,125,000, last on 8 November 2022 for AED 1,400,000 (AED 905 per sqft).
  • Rented since May 2015 on 10 Ejari contracts. The rent fell from AED 95,000 to AED 50,000 in 2021 and recovered to AED 57,845 by August 2024.
  • At AED 57,845 a year the gross yield on the 2022 price is 4.1%, 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 30 August 2024.

Questions about 402, Ritaj F

What did unit 402 last sell for?

AED 1,400,000 on 8 November 2022: AED 905 per sqft for 1,547 sqft. The unit has 3 registered sales; the first was AED 1,125,000 in March 2014.

What is the rent for unit 402?

AED 57,845 a year on the contract renewed on 30 August 2024. The previous contract, from August 2024, was AED 57,536; the unit has been rented since May 2015.

How big is unit 402?

1,547 sqft (143.7 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 402 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 402, Ritaj F

Starts from the last sale price (AED 1.4M, 8 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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