2-bed · 1,554 sqftRitaj G, Dubai Investment Park Second · 3rd floor

304, Ritaj G

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 25 March 2024
Last soldAED 780K12 March 2024
Current rentAED 78K /yr25 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Ritaj G

What is 304 worth today?

Last sold for AED 780,000 in 2024

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25 Mar 2024RentedNew contract
AED 77,500/yr12 months · AED 50 per sqft
12 Mar 2024SoldReady
AED 780,000AED 501 per sqft
7 Apr 2023RentedRenewal
AED 65,100/yr12 months · AED 42 per sqft
7 Apr 2022RentedRenewal
AED 65,100/yr12 months · AED 42 per sqft
7 Apr 2021RentedRenewal
AED 59,000/yr12 months · AED 38 per sqft
7 Apr 2020RentedRenewal
AED 59,000/yr12 months · AED 38 per sqft
7 Apr 2019RentedRenewal
AED 75,000/yr12 months · AED 48 per sqft
7 Apr 2018RentedRenewal
AED 87,500/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 25 March 2024.

Key facts

Type
2-bed apartment
Size
1,554 sqft
Floor
3rd of 5
Parking
7-G-27
Service charge
AED 25,200 /yr
Last sold
AED 780K · March 2024
Building
Ritaj G

About 304, Ritaj G

304 is a two-bedroom apartment of 1,554 sqft on the 3rd floor of Ritaj G, a 5-storey tower in Dubai Investment Park Second. It last sold on 12 March 2024 for AED 780,000, or AED 501 per sqft, 11% above the AED 450 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 25 March 2024, is AED 77,500 a year: a gross yield of 9.9% on the 2024 price, before the service charge of about AED 25,200 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Ritaj G
800K900K2012201620202024Typical sale price by year: 2012 AED 940,000; 2013 AED 911,500; 2014 AED 940,000; 2016 AED 960,000; 2018 AED 800,000; 2024 AED 801,235; 2025 AED 930,000Sold by developer, January 2012: AED 940,000 (AED 603 per sqft)Sold, August 2016: AED 960,000 (AED 615 per sqft)Sold, March 2024: AED 780,000 (AED 501 per sqft)

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

Rents
Unit 304, each contractTypical two-bed in Ritaj G
60K80K100K2013201720212025Typical rent by year: 2013 AED 85,000; 2014 AED 90,000; 2015 AED 97,000; 2016 AED 95,000; 2017 AED 90,000; 2018 AED 80,000; 2019 AED 70,000; 2020 AED 58,000; 2021 AED 55,000; 2022 AED 56,501; 2023 AED 64,000; 2024 AED 67,625; 2025 AED 70,000; 2026 AED 89,000New contract, April 2017: AED 90,000 a yearRenewal, April 2018: AED 87,500 a yearRenewal, April 2019: AED 75,000 a yearRenewal, April 2020: AED 59,000 a yearRenewal, April 2021: AED 59,000 a yearRenewal, April 2022: AED 65,100 a yearRenewal, April 2023: AED 65,100 a yearNew contract, March 2024: AED 77,500 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 G, and where 304 sits

All 29 2-beds →

304 last sold in March 2024 at AED 501 per sqft, 11% above what two-beds in Ritaj G were fetching at the time (AED 450). Over the last 12 months two-beds sold for AED 970,000 to 985,000, around AED 631 per sqft, and rent for AED 61,031 to 100,000 a year. 304's AED 77,500 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Apr 2026970,000
15 Apr 2026985,000
2 Oct 2025950,000
8 Aug 2025930,000
2 2-bed sales in the last 12 months

Ritaj G

Building

69 apartments, 1-bed to 3-bed over 5 floors in Dubai Investment Park Second. 8 sold in the last 12 months.

Typical price per sqft
AED 699
Typical sale
AED 804K
Typical rent
AED 75K /yr
Typical yield
7.5%
Ritaj G, Dubai Investment Park Second: prices, sales and rents →

Other units on the 3rd floor

All 69 units in Ritaj G
Value
3012-bedAED 940K · Jan 2012
3021-bedAED 568K · Apr 2025
3032-bedAED 600K · Mar 2022
3051-bedAED 684K · Oct 2013
3062-bedAED 905K · Jun 2025
3072-bedAED 822K · Sep 2024
3082-bedAED 595K · Jun 2021
1–7 of 11

304, Ritaj G in numbers

  • Sold 3 times: first on 31 January 2012 for AED 940,000, last on 12 March 2024 for AED 780,000 (AED 501 per sqft).
  • Rented since April 2017 on 8 Ejari contracts. The rent fell from AED 90,000 to AED 59,000 in 2021 and recovered to AED 77,500 by March 2024.
  • At AED 77,500 a year the gross yield on the 2024 price is 9.9%, before a service charge of about AED 25,200 a year (AED 16.21 per sqft).
  • Two-beds in Ritaj G sold for AED 970,000–985,000 in the 12 months to November 2026; the building's median across all types is AED 699 per sqft.

Source: Dubai Land Department. Updated 25 March 2024.

Questions about 304, Ritaj G

What did unit 304 last sell for?

AED 780,000 on 12 March 2024: AED 501 per sqft for 1,554 sqft. The unit has 3 registered sales; the first was AED 940,000 in January 2012.

What is the rent for unit 304?

AED 77,500 a year on the contract signed on 25 March 2024. The previous contract, from April 2023, was AED 65,100; the unit has been rented since April 2017.

How big is unit 304?

1,554 sqft (144.4 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Ritaj G sold for AED 970,000 to 985,000 in the last 12 months, around AED 631 per sqft.

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Mortgage on 304, Ritaj G

Starts from the last sale price (AED 780K, 12 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

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