2-bed · 1,559 sqftRitaj H, Dubai Investment Park Second · 3rd floor

304, Ritaj H

Sold prices and rental history: sold twice, last in December 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 27 December 2018
Last soldAED 375K27 December 2018
Current rentAED 75K /yr1 April 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Ritaj H

What is 304 worth today?

Last sold for AED 375,000 in 2018

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27 Dec 2018SoldReady
AED 375,000AED 240 per sqft
1 Apr 2016RentedNew contract
AED 75,000/yr12 months · AED 48 per sqft
1 Apr 2015RentedNew contract
AED 75,000/yr12 months · AED 48 per sqft
1 Apr 2014RentedNew contract
AED 75,000/yr12 months · AED 48 per sqft
1 Apr 2013RentedNew contract
AED 75,000/yr12 months · AED 48 per sqft
27 Dec 2012Sold by developerReady
AED 940,000AED 603 per sqft

Source: Dubai Land Department. Updated 27 December 2018.

Key facts

Type
2-bed apartment
Size
1,559 sqft
Floor
3rd of 5
Parking
8-G-27
Service charge
AED 25,000 /yr
Last sold
AED 375K · December 2018
Building
Ritaj H

About 304, Ritaj H

304 is a two-bedroom apartment of 1,559 sqft on the 3rd floor of Ritaj H, a 5-storey tower in Dubai Investment Park Second. It last sold on 27 December 2018 for AED 375,000, or AED 240 per sqft.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 April 2016, is AED 75,000 a year: a gross yield of 20.0% on the 2018 price, before the service charge of about AED 25,000 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Ritaj H
500K1M2012201620202024Typical sale price by year: 2012 AED 918,500; 2013 AED 825,000; 2014 AED 957,500; 2023 AED 672,500; 2026 AED 950,000Sold by developer, December 2012: AED 940,000 (AED 603 per sqft)Sold, December 2018: AED 375,000 (AED 240 per sqft)

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

Rents
Unit 304, each contractTypical two-bed in Ritaj H
50K75K100K2013201720212025Typical rent by year: 2013 AED 77,000; 2014 AED 100,000; 2015 AED 100,000; 2016 AED 95,000; 2017 AED 92,135; 2018 AED 83,000; 2019 AED 68,000; 2020 AED 55,000; 2021 AED 53,000; 2022 AED 54,800; 2023 AED 60,500; 2024 AED 68,250; 2025 AED 75,000; 2026 AED 84,000New contract, April 2013: AED 75,000 a yearNew contract, April 2014: AED 75,000 a yearNew contract, April 2015: AED 75,000 a yearNew contract, April 2016: AED 75,000 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 H, and where 304 sits

All 29 2-beds →

Over the last 12 months two-beds sold for AED 900,000 to 970,000, around AED 609 per sqft, and rent for AED 66,150 to 105,000 a year. 304's AED 75,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jul 2026970,000
14 May 2026900,000
24 Feb 2026950,000
26 Feb 2025860,000
3 2-bed sales in the last 12 months

Ritaj H

Building

69 apartments, 1-bed to 3-bed over 5 floors in Dubai Investment Park Second. 11 sold in the last 12 months.

Typical price per sqft
AED 699 Up 2.4%
Typical sale
AED 640K
Typical rent
AED 75K /yr
Typical yield
7.7%
Ritaj H, Dubai Investment Park Second: prices, sales and rents →

Other units on the 3rd floor

All 69 units in Ritaj H
Value
3012-bedAED 940K · Feb 2012
3021-bedAED 684K · Feb 2012
3032-bedAED 940K · May 2014
3051-bedAED 684K · Feb 2012
3062-bedAED 897K · Dec 2012
3072-bedAED 840K · Jan 2025
3082-bedAED 740K · Aug 2024
1–7 of 11

304, Ritaj H in numbers

  • Sold twice: first on 27 December 2012 for AED 940,000, last on 27 December 2018 for AED 375,000 (AED 240 per sqft).
  • Rented since April 2013 on 4 Ejari contracts, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2018 price is 20.0%, before a service charge of about AED 25,000 a year (AED 16.03 per sqft).
  • Two-beds in Ritaj H sold for AED 900,000–970,000 in the 12 months to November 2026; the building's median across all types is AED 699 per sqft.

Source: Dubai Land Department. Updated 27 December 2018.

Questions about 304, Ritaj H

What did unit 304 last sell for?

AED 375,000 on 27 December 2018: AED 240 per sqft for 1,559 sqft. The unit has 2 registered sales; the first was AED 940,000 in December 2012.

What is the rent for unit 304?

AED 75,000 a year on the contract signed on 1 April 2016. The previous contract, from April 2015, was AED 75,000; the unit has been rented since April 2013.

How big is unit 304?

1,559 sqft (144.8 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 H sold for AED 900,000 to 970,000 in the last 12 months, around AED 609 per sqft.

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Mortgage on 304, Ritaj H

Starts from the last sale price (AED 375K, 27 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 375,000
Deposit, UAE resident (20%)
AED 75,000
Deposit, non-resident (40%)
AED 150,000
Monthly over 25 years at 3.7%
AED 1,534

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