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2-bed · 1,542 sqftRitaj F, Dubai Investment Park Second · 4th floor

406, Ritaj F

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 6 May 2024
Last soldAED 715K6 May 2024
Current rentAED 54K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 406, Ritaj F

What is 406 worth today?

Last sold for AED 715,000 in 2024

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6 May 2024SoldReady
AED 715,000AED 463 per sqft
1 Nov 2022RentedNew contract
AED 54,000/yr12 months · AED 35 per sqft
6 Nov 2020RentedNew contract
AED 50,000/yr12 months · AED 32 per sqft
1 Jan 2019RentedRenewal
AED 80,000/yr12 months · AED 52 per sqft
1 Jan 2018RentedNew contract
AED 90,000/yr12 months · AED 58 per sqft
1 Jan 2016RentedNew contract
AED 105,000/yr12 months · AED 68 per sqft
11 Jun 2013SoldReady
AED 850,000AED 551 per sqft
7 Mar 2013Sold by developerReady
AED 940,000AED 610 per sqft

Source: Dubai Land Department. Updated 6 May 2024.

Key facts

Type
2-bed apartment
Size
1,542 sqft
Floor
4th of 5
Parking
15-5B-14
Service charge
AED 19,100 /yr
Last sold
AED 715K · May 2024
Building
Ritaj F

About 406, Ritaj F

406 is a two-bedroom apartment of 1,542 sqft on the 4th floor of Ritaj F, a 5-storey tower in Dubai Investment Park Second. It last sold on 6 May 2024 for AED 715,000, or AED 463 per sqft, in line with the AED 455 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 1 November 2022, is AED 54,000 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 406 over time

Sales
Unit 406, 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, March 2013: AED 940,000 (AED 610 per sqft)Sold, June 2013: AED 850,000 (AED 551 per sqft)Sold, May 2024: AED 715,000 (AED 463 per sqft)

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

Rents
Unit 406, 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, January 2016: AED 105,000 a yearNew contract, January 2018: AED 90,000 a yearRenewal, January 2019: AED 80,000 a yearNew contract, November 2020: AED 50,000 a yearNew contract, November 2022: AED 54,000 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 406 sits

All 68 2-beds →

406 last sold in May 2024 at AED 463 per sqft, in line with what two-beds in Ritaj F were fetching at the time (AED 455). 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. 406's AED 54,000 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 4th floor

All 164 units in Ritaj F
Value
4022-bedAED 1.4M · Nov 2022
4042-bedAED 600K · Sep 2022
4052-bedAED 710K · Feb 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

406, Ritaj F in numbers

  • Sold 3 times: first on 7 March 2013 for AED 940,000, last on 6 May 2024 for AED 715,000 (AED 463 per sqft).
  • Rented since January 2016 on 5 Ejari contracts, from AED 105,000 to AED 54,000 a year.
  • At AED 54,000 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 6 May 2024.

Questions about 406, Ritaj F

What did unit 406 last sell for?

AED 715,000 on 6 May 2024: AED 463 per sqft for 1,542 sqft. The unit has 3 registered sales; the first was AED 940,000 in March 2013.

What is the rent for unit 406?

AED 54,000 a year on the contract signed on 1 November 2022. The previous contract, from November 2020, was AED 50,000; the unit has been rented since January 2016.

How big is unit 406?

1,542 sqft (143.3 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 406 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 406, Ritaj F

Starts from the last sale price (AED 715K, 6 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 715,000
Deposit, UAE resident (20%)
AED 143,000
Deposit, non-resident (40%)
AED 286,000
Monthly over 25 years at 3.7%
AED 2,925

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