3-bed · 3,128 sqftRitaj H, Dubai Investment Park Second · 3rd floor

311, Ritaj H

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 4 December 2023
Last soldAED 1.3M1 November 2023
Current rentAED 75K /yr4 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Ritaj H

What is 311 worth today?

Last sold for AED 1,300,000 in 2023

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4 Dec 2023RentedNew contract
AED 75,000/yr12 months · AED 24 per sqft
1 Nov 2023SoldReady
AED 1,300,000AED 415 per sqft
5 Dec 2022RentedRenewal
AED 75,000/yr12 months · AED 24 per sqft
5 Dec 2021RentedRenewal
AED 75,000/yr12 months · AED 24 per sqft
5 Dec 2020RentedRenewal
AED 75,000/yr12 months · AED 24 per sqft
5 Dec 2019RentedNew contract
AED 95,000/yr12 months · AED 30 per sqft
25 Oct 2018RentedNew contract
AED 106,154/yr13 months · AED 34 per sqft
1 Dec 2015RentedNew contract
AED 145,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 4 December 2023.

Key facts

Type
3-bed apartment
Size
3,128 sqft
Floor
3rd of 5
Parking
8-G-35& 8-G-36
Service charge
AED 50,100 /yr
Last sold
AED 1.3M · November 2023
Building
Ritaj H

About 311, Ritaj H

311 is a three-bedroom apartment of 3,128 sqft on the 3rd floor of Ritaj H, a 5-storey tower in Dubai Investment Park Second. It last sold on 1 November 2023 for AED 1,300,000, or AED 415 per sqft.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 4 December 2023, is AED 75,000 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 50,100 a year.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical three-bed in Ritaj H
1M1.5M2012201620202024Typical sale price by year: 2012 AED 1,300,000; 2013 AED 1,375,000; 2014 AED 1,710,000; 2023 AED 1,000,000; 2024 AED 1,332,500; 2025 AED 1,730,000Sold by developer, March 2012: AED 1,300,000 (AED 416 per sqft)Sold, May 2014: AED 1,800,000 (AED 576 per sqft)Sold, November 2023: AED 1,300,000 (AED 415 per sqft)

311 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 311, each contractTypical three-bed in Ritaj H
100K150K2014201820222026Typical rent by year: 2014 AED 131,000; 2015 AED 136,000; 2016 AED 136,593; 2017 AED 132,500; 2018 AED 110,000; 2019 AED 100,000; 2020 AED 89,500; 2021 AED 84,000; 2022 AED 85,000; 2023 AED 91,500; 2024 AED 103,510; 2025 AED 121,000; 2026 AED 125,000New contract, September 2014: AED 125,000 a yearNew contract, December 2015: AED 145,000 a yearNew contract, October 2018: AED 106,154 a yearNew contract, December 2019: AED 95,000 a yearRenewal, December 2020: AED 75,000 a yearRenewal, December 2021: AED 75,000 a yearRenewal, December 2022: AED 75,000 a yearNew contract, December 2023: AED 75,000 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 H, and where 311 sits

All 20 3-beds →

Over the last 12 months three-beds sold for AED 1,651,000 to 1,730,000, around AED 651 per sqft, and rent for AED 112,059 to 140,000 a year. 311's AED 75,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Oct 20261,651,000
11 Nov 20251,730,000
1 Sep 20251,800,000
8 May 20251,410,000
2 3-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
3042-bedAED 375K · Dec 2018
3051-bedAED 684K · Feb 2012
3062-bedAED 897K · Dec 2012
3072-bedAED 840K · Jan 2025
1–7 of 11

311, Ritaj H in numbers

  • Sold 3 times: first on 1 March 2012 for AED 1,300,000, last on 1 November 2023 for AED 1,300,000 (AED 415 per sqft).
  • Rented since September 2014 on 8 Ejari contracts, from AED 125,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 5.8%, before a service charge of about AED 50,100 a year (AED 16.03 per sqft).
  • Three-beds in Ritaj H sold for AED 1,651,000–1,730,000 in the 12 months to November 2026; the building's median across all types is AED 699 per sqft.

Source: Dubai Land Department. Updated 4 December 2023.

Questions about 311, Ritaj H

What did unit 311 last sell for?

AED 1,300,000 on 1 November 2023: AED 415 per sqft for 3,128 sqft. The unit has 3 registered sales; the first was AED 1,300,000 in March 2012.

What is the rent for unit 311?

AED 75,000 a year on the contract signed on 4 December 2023. The previous contract, from December 2022, was AED 75,000; the unit has been rented since September 2014.

How big is unit 311?

3,128 sqft (290.6 sqm): a three-bedroom apartment on the 3rd floor of a 5-storey tower.

What is unit 311 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Ritaj H sold for AED 1,651,000 to 1,730,000 in the last 12 months, around AED 651 per sqft.

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Mortgage on 311, Ritaj H

Starts from the last sale price (AED 1.3M, 1 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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