2-bed · 1,547 sqftRitaj H, Dubai Investment Park Second · 4th floor

408, Ritaj H

Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 20 May 2025
Last soldAED 893K21 February 2013
Current rentAED 83K /yr20 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Ritaj H

What is 408 worth today?

Last sold for AED 893,000 in 2013

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20 May 2025RentedNew contract
AED 83,000/yr12 months · AED 54 per sqft
20 May 2025RentedNew contract
AED 83,000/yr12 months · AED 54 per sqft
22 Aug 2024RentedRenewal
AED 68,250/yr12 months · AED 44 per sqft
22 Aug 2023RentedNew contract
AED 65,000/yr12 months · AED 42 per sqft
10 Nov 2020RentedRenewal
AED 53,000/yr12 months · AED 34 per sqft
10 Nov 2019RentedRenewal
AED 68,000/yr12 months · AED 44 per sqft
10 Nov 2018RentedRenewal
AED 78,000/yr12 months · AED 50 per sqft
10 Nov 2017RentedRenewal
AED 78,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 20 May 2025.

Key facts

Type
2-bed apartment
Size
1,547 sqft
Floor
4th of 5
Parking
8-G-46
Service charge
AED 24,800 /yr
Last sold
AED 893K · February 2013
Building
Ritaj H

About 408, Ritaj H

408 is a two-bedroom apartment of 1,547 sqft on the 4th floor of Ritaj H, a 5-storey tower in Dubai Investment Park Second. The developer sold it on 21 February 2013 for AED 893,000, or AED 577 per sqft, in line with the AED 577 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 20 May 2025, is AED 83,000 a year: a gross yield of 9.3% on the 2013 price, before the service charge of about AED 24,800 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical two-bed in Ritaj H
800K1M2012201620202024Typical 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, February 2013: AED 893,000 (AED 577 per sqft)

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

Rents
Unit 408, 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, March 2013: AED 75,000 a yearNew contract, October 2013: AED 77,000 a yearNew contract, October 2014: AED 77,000 a yearNew contract, November 2015: AED 100,000 a yearRenewal, November 2016: AED 78,000 a yearRenewal, November 2017: AED 78,000 a yearRenewal, November 2018: AED 78,000 a yearRenewal, November 2019: AED 68,000 a yearRenewal, November 2020: AED 53,000 a yearNew contract, August 2023: AED 65,000 a yearRenewal, August 2024: AED 68,250 a yearNew contract, May 2025: AED 83,000 a yearNew contract, May 2025: AED 83,000 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 408 sits

All 29 2-beds →

408 last sold in February 2013 at AED 577 per sqft, in line with what two-beds in Ritaj H were fetching at the time (AED 577). 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. 408's AED 83,000 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 4th floor

All 69 units in Ritaj H
Value
4012-bedAED 594K · Jul 2021
4021-bedAED 639K · Sep 2025
4032-bedAED 893K · Nov 2013
4042-bedAED 900K · May 2026
4051-bedAED 720K · Aug 2013
4062-bedAED 449K · Dec 2013
4071-bedAED 640K · Dec 2025
1–7 of 11

408, Ritaj H in numbers

  • Sold once: by the developer on 21 February 2013 for AED 893,000, or AED 577 per sqft.
  • Rented since March 2013 on 13 Ejari contracts. The rent fell from AED 75,000 to AED 53,000 in 2020 and recovered to AED 83,000 by May 2025.
  • At AED 83,000 a year the gross yield on the 2013 price is 9.3%, before a service charge of about AED 24,800 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 20 May 2025.

Questions about 408, Ritaj H

What did unit 408 last sell for?

AED 893,000 on 21 February 2013, sold by the developer: AED 577 per sqft for 1,547 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 83,000 a year on the contract signed on 20 May 2025. The previous contract, from May 2025, was AED 83,000; the unit has been rented since March 2013.

How big is unit 408?

1,547 sqft (143.7 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 408 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 408, Ritaj H

Starts from the last sale price (AED 893K, 21 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 893,000
Deposit, UAE resident (20%)
AED 178,600
Deposit, non-resident (40%)
AED 357,200
Monthly over 25 years at 3.7%
AED 3,654

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