3-bed · 3,176 sqftRitaj G, Dubai Investment Park Second · 4th floor

412, Ritaj G

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 15 February 2024
Last soldAED 1.25M15 February 2024
Current rentAED 120K /yr16 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Ritaj G

What is 412 worth today?

Last sold for AED 1,250,000 in 2024

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15 Feb 2024SoldReady
AED 1,250,000AED 393 per sqft
16 Jun 2023RentedNew contract
AED 120,000/yr12 months · AED 38 per sqft
1 Sep 2018RentedNew contract
AED 120,000/yr12 months · AED 38 per sqft
1 Sep 2016RentedRenewal
AED 140,000/yr12 months · AED 44 per sqft
30 Aug 2015RentedNew contract
AED 146,214/yr12 months · AED 46 per sqft
4 Sep 2014Sold by developerReady
AED 1,000,000AED 315 per sqft
1 Sep 2014RentedNew contract
AED 147,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 15 February 2024.

Key facts

Type
3-bed apartment
Size
3,176 sqft
Floor
4th of 5
Parking
7-G-52& 7-G-53
Service charge
AED 51,500 /yr
Last sold
AED 1.25M · February 2024
Building
Ritaj G

About 412, Ritaj G

412 is a three-bedroom apartment of 3,176 sqft on the 4th floor of Ritaj G, a 5-storey tower in Dubai Investment Park Second. It last sold on 15 February 2024 for AED 1,250,000, or AED 393 per sqft, 6% below the AED 416 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 16 June 2023, is AED 120,000 a year: a gross yield of 9.6% on the 2024 price, before the service charge of about AED 51,500 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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, September 2014: AED 1,000,000 (AED 315 per sqft)Sold, February 2024: AED 1,250,000 (AED 393 per sqft)

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

Rents
Unit 412, 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, September 2014: AED 147,000 a yearNew contract, August 2015: AED 146,214 a yearRenewal, September 2016: AED 140,000 a yearNew contract, September 2018: AED 120,000 a yearNew contract, June 2023: AED 120,000 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 412 sits

All 20 3-beds →

412 last sold in February 2024 at AED 393 per sqft, 6% 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. 412's AED 120,000 is at the bottom 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 4th floor

All 69 units in Ritaj G
Value
4012-bedAED 700K · Mar 2023
4021-bedAED 684K · Aug 2013
4032-bedAED 890K · Jul 2025
4042-bedAED 950K · Jul 2025
4051-bedAED 645K · Oct 2014
4062-bedAED 825K · Oct 2024
4071-bedAED 590K · Feb 2014
1–7 of 11

412, Ritaj G in numbers

  • Sold twice: first on 4 September 2014 for AED 1,000,000, last on 15 February 2024 for AED 1,250,000 (AED 393 per sqft).
  • Rented since September 2014 on 5 Ejari contracts, from AED 147,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 9.6%, 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 15 February 2024.

Questions about 412, Ritaj G

What did unit 412 last sell for?

AED 1,250,000 on 15 February 2024: AED 393 per sqft for 3,176 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in September 2014.

What is the rent for unit 412?

AED 120,000 a year on the contract signed on 16 June 2023. The previous contract, from September 2018, was AED 120,000; the unit has been rented since September 2014.

How big is unit 412?

3,176 sqft (295.1 sqm): a three-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 412 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 412, Ritaj G

Starts from the last sale price (AED 1.25M, 15 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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