3-bed · 3,177 sqftRitaj G, Dubai Investment Park Second · 3rd floor

312, Ritaj G

Sold prices and rental history: sold twice, last in December 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 5 December 2017
Last soldAED 738K5 December 2017
Current rentAED 140K /yr28 June 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Ritaj G

What is 312 worth today?

Last sold for AED 737,500 in 2017

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5 Dec 2017SoldReady
AED 737,500AED 232 per sqft
28 Jun 2015RentedNew contract
AED 140,000/yr12 months · AED 44 per sqft
1 Mar 2014RentedNew contract
AED 130,000/yr12 months · AED 41 per sqft
1 Mar 2013RentedNew contract
AED 130,000/yr12 months · AED 41 per sqft
8 Oct 2012Sold by developerReady
AED 1,300,000AED 409 per sqft

Source: Dubai Land Department. Updated 5 December 2017.

Key facts

Type
3-bed apartment
Size
3,177 sqft
Floor
3rd of 5
Parking
7-G-37& 7-G-38
Service charge
AED 51,500 /yr
Last sold
AED 738K · December 2017
Building
Ritaj G

About 312, Ritaj G

312 is a three-bedroom apartment of 3,177 sqft on the 3rd floor of Ritaj G, a 5-storey tower in Dubai Investment Park Second. It last sold on 5 December 2017 for AED 737,500, or AED 232 per sqft, 44% below the AED 416 three-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 28 June 2015, is AED 140,000 a year: a gross yield of 19.0% on the 2017 price, before the service charge of about AED 51,500 a year.

Sales and rents for 312 over time

Sales
Unit 312, each saleTypical three-bed in Ritaj G
500K1M1.5M2012201620202024Typical sale price by year: 2012 AED 1,300,000; 2013 AED 650,000; 2014 AED 1,550,000; 2017 AED 1,300,000; 2023 AED 1,180,000; 2024 AED 1,234,654; 2025 AED 1,625,000Sold by developer, October 2012: AED 1,300,000 (AED 409 per sqft)Sold, December 2017: AED 737,500 (AED 232 per sqft)

312 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 312, each contractTypical three-bed in Ritaj G
100K150K2013201720212025Typical rent by year: 2013 AED 125,000; 2014 AED 130,000; 2015 AED 140,000; 2016 AED 140,000; 2017 AED 127,500; 2018 AED 115,000; 2019 AED 100,000; 2020 AED 84,500; 2021 AED 80,000; 2022 AED 87,400; 2023 AED 100,000; 2024 AED 115,000; 2025 AED 120,000; 2026 AED 138,000New contract, March 2013: AED 130,000 a yearNew contract, March 2014: AED 130,000 a yearNew contract, June 2015: AED 140,000 a year

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

3-beds in Ritaj G, and where 312 sits

All 20 3-beds →

312 last sold in December 2017 at AED 232 per sqft, 44% below what three-beds in Ritaj G were fetching at the time (AED 416). Over the last 12 months three-beds sold for AED 1,650,000 to 1,780,000, around AED 894 per sqft, and rent for AED 135,000 to 145,000 a year. 312's AED 140,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Jul 20261,650,000
28 Jan 20261,780,000
7 Oct 20251,700,000
11 Aug 20251,496,217
2 3-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
3042-bedAED 780K · Mar 2024
3051-bedAED 684K · Oct 2013
3062-bedAED 905K · Jun 2025
3072-bedAED 822K · Sep 2024
1–7 of 11

312, Ritaj G in numbers

  • Sold twice: first on 8 October 2012 for AED 1,300,000, last on 5 December 2017 for AED 737,500 (AED 232 per sqft).
  • Rented since March 2013 on 3 Ejari contracts, from AED 130,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2017 price is 19.0%, before a service charge of about AED 51,500 a year (AED 16.21 per sqft).
  • Three-beds in Ritaj G sold for AED 1,650,000–1,780,000 in the 12 months to November 2026; the building's median across all types is AED 699 per sqft.

Source: Dubai Land Department. Updated 5 December 2017.

Questions about 312, Ritaj G

What did unit 312 last sell for?

AED 737,500 on 5 December 2017: AED 232 per sqft for 3,177 sqft. The unit has 2 registered sales; the first was AED 1,300,000 in October 2012.

What is the rent for unit 312?

AED 140,000 a year on the contract signed on 28 June 2015. The previous contract, from March 2014, was AED 130,000; the unit has been rented since March 2013.

How big is unit 312?

3,177 sqft (295.2 sqm): a three-bedroom apartment on the 3rd floor of a 5-storey tower.

What is unit 312 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Ritaj G sold for AED 1,650,000 to 1,780,000 in the last 12 months, around AED 894 per sqft.

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Mortgage on 312, Ritaj G

Starts from the last sale price (AED 738K, 5 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 737,500
Deposit, UAE resident (20%)
AED 147,500
Deposit, non-resident (40%)
AED 295,000
Monthly over 25 years at 3.7%
AED 3,017

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