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2-bed · 1,537 sqftRitaj F, Dubai Investment Park Second · Ground floor

G04, Ritaj F

Sold prices and rental history: sold once, by the developer in May 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G04 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 470K16 May 2013
Current rentAED 78K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G04, Ritaj F

What is G04 worth today?

Last sold for AED 470,000 in 2013

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10 Oct 2024RentedRenewal
AED 78,000/yr12 months · AED 51 per sqft
10 May 2024RentedRenewal
AED 139,392/yr5 months · AED 91 per sqft
10 May 2023RentedRenewal
AED 58,000/yr12 months · AED 38 per sqft
10 May 2022RentedRenewal
AED 55,000/yr12 months · AED 36 per sqft
10 May 2021RentedRenewal
AED 55,000/yr12 months · AED 36 per sqft
10 May 2020RentedRenewal
AED 62,000/yr12 months · AED 40 per sqft
10 May 2019RentedRenewal
AED 74,000/yr12 months · AED 48 per sqft
10 May 2018RentedRenewal
AED 80,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
2-bed apartment
Size
1,537 sqft
Floor
Ground of 5
Parking
15-3A-11
Service charge
AED 19,000 /yr
Last sold
AED 470K · May 2013
Building
Ritaj F

About G04, Ritaj F

G04 is a two-bedroom apartment of 1,537 sqft on the ground floor of Ritaj F, a 5-storey tower in Dubai Investment Park Second. The developer sold it on 16 May 2013 for AED 470,000, or AED 305 per sqft, in line with the AED 305 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 10 October 2024, is AED 78,000 a year: a gross yield of 16.6% on the 2013 price, before the service charge of about AED 19,000 a year.

Sales and rents for G04 over time

Sales
Unit G04, 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, May 2013: AED 470,000 (AED 305 per sqft)

G04 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit G04, each contractTypical two-bed in Ritaj F
50K100K150K2012201620202024Typical 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, February 2013: AED 75,000 a yearNew contract, February 2014: AED 75,000 a yearRenewal, February 2015: AED 80,000 a yearNew contract, February 2016: AED 80,000 a yearNew contract, May 2017: AED 85,000 a yearRenewal, May 2018: AED 80,000 a yearRenewal, May 2019: AED 74,000 a yearRenewal, May 2020: AED 62,000 a yearRenewal, May 2021: AED 55,000 a yearRenewal, May 2022: AED 55,000 a yearRenewal, May 2023: AED 58,000 a yearRenewal, May 2024: AED 139,392 a yearRenewal, October 2024: AED 78,000 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 G04 sits

All 68 2-beds →

G04 last sold in May 2013 at AED 305 per sqft, in line with what two-beds in Ritaj F were fetching at the time (AED 305). 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. G04's AED 78,000 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 ground floor

All 164 units in Ritaj F
Value
G011-bedAED 592K · Jun 2026
G021-bedAED 590K · Mar 2025
G031-bedAED 638K · Mar 2026
G052-bedAED 1.2M · Oct 2014
G062-bedAED 470K · Aug 2015
G071-bedAED 580K · Nov 2025
G081-bedAED 650K · Dec 2013
1–7 of 24

G04, Ritaj F in numbers

  • Sold once: by the developer on 16 May 2013 for AED 470,000, or AED 305 per sqft.
  • Rented since February 2013 on 13 Ejari contracts. The rent fell from AED 75,000 to AED 55,000 in 2022 and recovered to AED 78,000 by October 2024.
  • At AED 78,000 a year the gross yield on the 2013 price is 16.6%, before a service charge of about AED 19,000 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 G04, Ritaj F

What did unit G04 last sell for?

AED 470,000 on 16 May 2013, sold by the developer: AED 305 per sqft for 1,537 sqft. It is the only registered sale of the unit.

What is the rent for unit G04?

AED 78,000 a year on the contract renewed on 10 October 2024. The previous contract, from May 2024, was AED 139,392; the unit has been rented since February 2013.

How big is unit G04?

1,537 sqft (142.8 sqm): a two-bedroom apartment on the ground floor of a 5-storey tower.

What is unit G04 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 G04, Ritaj F

Starts from the last sale price (AED 470K, 16 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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