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

G04, Ritaj G

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G04 · DLD and Ejari recordsUpdated 17 July 2023
Last soldAED 630K17 July 2023
Current rentAED 60K /yr1 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G04, Ritaj G

What is G04 worth today?

Last sold for AED 630,000 in 2023

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17 Jul 2023SoldReady
AED 630,000AED 405 per sqft
1 May 2019RentedNew contract
AED 60,000/yr12 months · AED 39 per sqft
31 Aug 2016RentedRenewal
AED 85,000/yr12 months · AED 55 per sqft
31 Aug 2015RentedRenewal
AED 85,000/yr12 months · AED 55 per sqft
1 Sep 2014RentedNew contract
AED 85,229/yr12 months · AED 55 per sqft
1 Sep 2013RentedNew contract
AED 85,229/yr12 months · AED 55 per sqft
18 Oct 2012Sold by developerReady
AED 940,000AED 604 per sqft
11 Sep 2012RentedNew contract
AED 58,000/yr12 months · AED 37 per sqft

Source: Dubai Land Department. Updated 17 July 2023.

Key facts

Type
2-bed apartment
Size
1,554 sqft
Floor
Ground of 5
Parking
G-27
Service charge
AED 25,200 /yr
Last sold
AED 630K · July 2023
Building
Ritaj G

About G04, Ritaj G

G04 is a two-bedroom apartment of 1,554 sqft on the ground floor of Ritaj G, a 5-storey tower in Dubai Investment Park Second. It last sold on 17 July 2023 for AED 630,000, or AED 405 per sqft, in line with the AED 405 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 1 May 2019, is AED 60,000 a year: a gross yield of 9.5% on the 2023 price, before the service charge of about AED 25,200 a year.

Sales and rents for G04 over time

Sales
Unit G04, each saleTypical two-bed in Ritaj G
600K800K1M2012201620202024Typical 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, October 2012: AED 940,000 (AED 604 per sqft)Sold, July 2023: AED 630,000 (AED 405 per sqft)

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

Rents
Unit G04, each contractTypical two-bed in Ritaj G
60K80K100K2012201620202024Typical 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, September 2012: AED 58,000 a yearNew contract, September 2013: AED 85,229 a yearNew contract, September 2014: AED 85,229 a yearRenewal, August 2015: AED 85,000 a yearRenewal, August 2016: AED 85,000 a yearNew contract, May 2019: AED 60,000 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 G04 sits

All 29 2-beds →

G04 last sold in July 2023 at AED 405 per sqft, in line with what two-beds in Ritaj G were fetching at the time (AED 405). 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. G04's AED 60,000 is at the bottom 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 ground floor

All 69 units in Ritaj G
Value
G011-bedAED 580K · Jan 2026
G021-bedAED 617K · Sep 2026
G032-bedAED 610K · Aug 2022
G051-bedAED 800K · May 2014
G062-bedAED 970K · Apr 2026
G073-bedAED 1.55M · Jul 2025
G083-bedAED 1.95M · Oct 2015

G04, Ritaj G in numbers

  • Sold twice: first on 18 October 2012 for AED 940,000, last on 17 July 2023 for AED 630,000 (AED 405 per sqft).
  • Rented since September 2012 on 6 Ejari contracts, from AED 58,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 9.5%, 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 17 July 2023.

Questions about G04, Ritaj G

What did unit G04 last sell for?

AED 630,000 on 17 July 2023: AED 405 per sqft for 1,554 sqft. The unit has 2 registered sales; the first was AED 940,000 in October 2012.

What is the rent for unit G04?

AED 60,000 a year on the contract signed on 1 May 2019. The previous contract, from August 2016, was AED 85,000; the unit has been rented since September 2012.

How big is unit G04?

1,554 sqft (144.4 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 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 G04, Ritaj G

Starts from the last sale price (AED 630K, 17 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 630,000
Deposit, UAE resident (20%)
AED 126,000
Deposit, non-resident (40%)
AED 252,000
Monthly over 25 years at 3.7%
AED 2,578

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