1-bed · 831 sqftRitaj F, Dubai Investment Park Second · 4th floor

407, Ritaj F

Sold prices and rental history: sold once, by the developer in March 2014, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 650K19 March 2014
Current rentAED 48K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Ritaj F

What is 407 worth today?

Last sold for AED 650,000 in 2014

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1 May 2024RentedNew contract
AED 48,000/yr12 months · AED 58 per sqft
15 Jan 2021RentedNew contract
AED 30,000/yr12 months · AED 36 per sqft
25 Apr 2019RentedNew contract
AED 43,000/yr12 months · AED 52 per sqft
19 Mar 2014Sold by developerReady
AED 650,000AED 782 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
1-bed apartment
Size
831 sqft
Floor
4th of 5
Parking
15-5B-15
Service charge
AED 10,300 /yr
Last sold
AED 650K · March 2014
Building
Ritaj F

About 407, Ritaj F

407 is a one-bedroom apartment of 831 sqft on the 4th floor of Ritaj F, a 5-storey tower in Dubai Investment Park Second. The developer sold it on 19 March 2014 for AED 650,000, or AED 782 per sqft, in line with the AED 783 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 May 2024, is AED 48,000 a year: a gross yield of 7.4% on the 2014 price, before the service charge of about AED 10,300 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in Ritaj F
400K600K20112015201920232027Typical sale price by year: 2011 AED 720,000; 2012 AED 683,500; 2013 AED 652,500; 2014 AED 687,000; 2015 AED 690,000; 2016 AED 702,000; 2023 AED 367,500; 2024 AED 537,500; 2025 AED 605,031; 2026 AED 580,741Sold by developer, March 2014: AED 650,000 (AED 782 per sqft)

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

Rents
Unit 407, each contractTypical one-bed in Ritaj F
40K60K2012201620202024Typical rent by year: 2012 AED 37,000; 2013 AED 38,000; 2014 AED 60,000; 2015 AED 46,620; 2016 AED 60,000; 2017 AED 57,000; 2018 AED 54,000; 2019 AED 48,000; 2020 AED 36,962; 2021 AED 32,000; 2022 AED 32,308; 2023 AED 38,000; 2024 AED 43,005; 2025 AED 53,000; 2026 AED 60,000New contract, April 2019: AED 43,000 a yearNew contract, January 2021: AED 30,000 a yearNew contract, May 2024: AED 48,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Ritaj F, and where 407 sits

All 96 1-beds →

407 last sold in March 2014 at AED 782 per sqft, in line with what one-beds in Ritaj F were fetching at the time (AED 783). Over the last 12 months one-beds sold for AED 525,000 to 667,701, around AED 700 per sqft, and rent for AED 42,866 to 72,000 a year. 407's AED 48,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 2026625,000
12 Oct 2026592,299
26 Aug 2026525,000
23 Aug 2026582,512
38 1-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
4062-bedAED 715K · May 2024
4091-bedAED 653K · Jul 2025
4101-bedAED 582K · Mar 2026
4111-bedAED 465K · May 2024
1–7 of 25

407, Ritaj F in numbers

  • Sold once: by the developer on 19 March 2014 for AED 650,000, or AED 782 per sqft.
  • Rented since April 2019 on 3 Ejari contracts. The rent fell from AED 43,000 to AED 30,000 in 2021 and recovered to AED 48,000 by May 2024.
  • At AED 48,000 a year the gross yield on the 2014 price is 7.4%, before a service charge of about AED 10,300 a year (AED 12.38 per sqft).
  • One-beds in Ritaj F sold for AED 525,000–667,701 in the 12 months to November 2026; the building's median across all types is AED 699 per sqft.

Source: Dubai Land Department. Updated 1 May 2024.

Questions about 407, Ritaj F

What did unit 407 last sell for?

AED 650,000 on 19 March 2014, sold by the developer: AED 782 per sqft for 831 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 48,000 a year on the contract signed on 1 May 2024. The previous contract, from January 2021, was AED 30,000; the unit has been rented since April 2019.

How big is unit 407?

831 sqft (77.2 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ritaj F sold for AED 525,000 to 667,701 in the last 12 months, around AED 700 per sqft.

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Mortgage on 407, Ritaj F

Starts from the last sale price (AED 650K, 19 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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