2-bed · 1,557 sqftRitaj G, Dubai Investment Park Second · 5th floor

506, Ritaj G

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 20 October 2026
Last soldAED 700K13 February 2024
Current rentAED 93K /yr20 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Ritaj G

What is 506 worth today?

Last sold for AED 700,000 in 2024

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20 Oct 2026RentedNew contract
AED 93,000/yr12 months · AED 60 per sqft
13 Feb 2024SoldReady
AED 700,000AED 449 per sqft
25 Oct 2022RentedRenewal
AED 53,000/yr12 months · AED 34 per sqft
25 Oct 2021RentedRenewal
AED 50,000/yr12 months · AED 32 per sqft
25 Oct 2020RentedNew contract
AED 47,000/yr12 months · AED 30 per sqft
1 Apr 2020RentedNew contract
AED 52,000/yr12 months · AED 33 per sqft
20 Oct 2018RentedNew contract
AED 70,000/yr12 months · AED 45 per sqft
5 Jun 2017RentedNew contract
AED 90,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 20 October 2026.

Key facts

Type
2-bed apartment
Size
1,557 sqft
Floor
5th of 5
Parking
7-G-59
Service charge
AED 25,200 /yr
Last sold
AED 700K · February 2024
Building
Ritaj G

About 506, Ritaj G

506 is a two-bedroom apartment of 1,557 sqft on the 5th floor of Ritaj G, a 5-storey tower in Dubai Investment Park Second. It last sold on 13 February 2024 for AED 700,000, or AED 449 per sqft, in line with the AED 449 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 20 October 2026, is AED 93,000 a year: a gross yield of 13.3% on the 2024 price, before the service charge of about AED 25,200 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical two-bed in Ritaj G
800K1M2012201620202024Typical 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, February 2012: AED 868,560 (AED 556 per sqft)Sold, February 2024: AED 700,000 (AED 449 per sqft)

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

Rents
Unit 506, each contractTypical two-bed in Ritaj G
50K75K100K2013201720212025Typical 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, May 2016: AED 90,000 a yearNew contract, June 2017: AED 90,000 a yearNew contract, October 2018: AED 70,000 a yearNew contract, April 2020: AED 52,000 a yearNew contract, October 2020: AED 47,000 a yearRenewal, October 2021: AED 50,000 a yearRenewal, October 2022: AED 53,000 a yearNew contract, October 2026: AED 93,000 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 G, and where 506 sits

All 29 2-beds →

506 last sold in February 2024 at AED 449 per sqft, in line with what two-beds in Ritaj G were fetching at the time (AED 449). 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. 506's AED 93,000 is in the upper 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 5th floor

All 69 units in Ritaj G
Value
5012-bedAED 893K · Apr 2013
5021-bedAED 639K · Jan 2026
5032-bedAED 893K · Apr 2013
5042-bedAED 780K · Jun 2019
5051-bedAED 530K · Jun 2019
5071-bedAED 380K · Apr 2023
5082-bedAED 918K · Jun 2025
1–7 of 11

506, Ritaj G in numbers

  • Sold twice: first on 20 February 2012 for AED 868,560, last on 13 February 2024 for AED 700,000 (AED 449 per sqft).
  • Rented since May 2016 on 8 Ejari contracts. The rent fell from AED 90,000 to AED 47,000 in 2020 and recovered to AED 93,000 by October 2026.
  • At AED 93,000 a year the gross yield on the 2024 price is 13.3%, 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 20 October 2026.

Questions about 506, Ritaj G

What did unit 506 last sell for?

AED 700,000 on 13 February 2024: AED 449 per sqft for 1,557 sqft. The unit has 2 registered sales; the first was AED 868,560 in February 2012.

What is the rent for unit 506?

AED 93,000 a year on the contract signed on 20 October 2026. The previous contract, from October 2022, was AED 53,000; the unit has been rented since May 2016.

How big is unit 506?

1,557 sqft (144.7 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 506 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 506, Ritaj G

Starts from the last sale price (AED 700K, 13 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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