501, Ritaj H
Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Ritaj H
What is 501 worth today?
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Source: Dubai Land Department. Updated 22 March 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,552 sqft
- Floor
- 5th of 5
- Parking
- 8-G-54
- Service charge
- AED 24,900 /yr
- Last sold
- AED 710K · March 2023
- Building
- Ritaj H
About 501, Ritaj H
501 is a two-bedroom apartment of 1,552 sqft on the 5th floor of Ritaj H, a 5-storey tower in Dubai Investment Park Second. It last sold on 22 March 2023 for AED 710,000, or AED 457 per sqft.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 24 February 2022, is AED 54,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 24,900 a year.
Sales and rents for 501 over time
501 has sold twice; the dashed line is the two-bed median of each year in the building.
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 501 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. 501's AED 54,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Jul 20262 July 2026 | 1,555 sqft | 970,000 | 623 | ||
| 14 May 202614 May 2026 | 1,557 sqft | 900,000 | 578 | ||
| 24 Feb 202624 February 2026 | 1,559 sqft | 950,000 | 609 | ||
| 26 Feb 202526 February 2025 | 1,557 sqft | 860,000 | 552 |
Ritaj H
Building69 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%
Other units on the 5th floor
All 69 units in Ritaj H| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 834 sqft | AED 568KAED 567,968 · Jan 2025January 2025 | 55,000 /yr | |
| 503 | 2-bed | 1,558 sqft | AED 875KAED 875,000 · Dec 2016December 2016 | 66,150 /yr | |
| 504 | 2-bed | 1,557 sqft | AED 860KAED 860,000 · Feb 2025February 2025 | 75,000 /yr | |
| 505 | 1-bed | 830 sqft | AED 500KAED 500,000 · Mar 2024March 2024 | 65,000 /yr | |
| 506 | 2-bed | 1,561 sqft | AED 1.35MAED 1,350,000 · May 2014May 2014 | 92,500 /yr | |
| 507 | 1-bed | 831 sqft | AED 684KAED 684,000 · May 2014May 2014 | 50,000 /yr | |
| 508 | 2-bed | 1,547 sqft | AED 893KAED 893,000 · Feb 2013February 2013 | 75,000 /yr | |
| 509 | 3-bed | 2,609 sqft | AED 1.3MAED 1,300,000 · Sep 2015September 2015 | 112,059 /yr | |
| 510 | 1-bed | 834 sqft | AED 700KAED 700,000 · Jan 2014January 2014 | 40,250 /yr | |
| 511 | 3-bed | 2,615 sqft | AED 1.4MAED 1,400,000 · Oct 2024October 2024 | ||
| 512 | 3-bed | 2,651 sqft | AED 1.3MAED 1,300,000 · Feb 2012February 2012 | 95,000 /yr |
501, Ritaj H in numbers
- Sold twice: first on 30 December 2013 for AED 870,000, last on 22 March 2023 for AED 710,000 (AED 457 per sqft).
- Rented since June 2017 on 5 Ejari contracts. The rent fell from AED 79,778 to AED 40,000 in 2020 and recovered to AED 54,000 by February 2022.
- At AED 54,000 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 24,900 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 22 March 2023.
Questions about 501, Ritaj H
What did unit 501 last sell for?
AED 710,000 on 22 March 2023: AED 457 per sqft for 1,552 sqft. The unit has 2 registered sales; the first was AED 870,000 in December 2013.
What is the rent for unit 501?
AED 54,000 a year on the contract signed on 24 February 2022. The previous contract, from May 2020, was AED 40,000; the unit has been rented since June 2017.
How big is unit 501?
1,552 sqft (144.2 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower.
What is unit 501 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.
Selling 501? Put it on the OpenOffers board
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Mortgage on 501, Ritaj H
Starts from the last sale price (AED 710K, 22 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 710,000
- Deposit, UAE resident (20%)
- AED 142,000
- Deposit, non-resident (40%)
- AED 284,000
- Monthly over 25 years at 3.7%
- AED 2,905
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →