1-bed · 830 sqftRitaj H, Dubai Investment Park Second · 5th floor

505, Ritaj H

Sold prices and rental history: sold twice, last in March 2024, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 7 March 2024
Last soldAED 500K7 March 2024
Current rentAED 65K /yr26 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Ritaj H

What is 505 worth today?

Last sold for AED 500,000 in 2024

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7 Mar 2024SoldReady
AED 500,000AED 602 per sqft
26 Jun 2017RentedRenewal
AED 65,000/yr12 months · AED 78 per sqft
26 Jun 2016RentedNew contract
AED 65,000/yr12 months · AED 78 per sqft
26 Jun 2014RentedNew contract
AED 65,000/yr12 months · AED 78 per sqft
4 Mar 2012Sold by developerReady
AED 684,000AED 824 per sqft

Source: Dubai Land Department. Updated 7 March 2024.

Key facts

Type
1-bed apartment
Size
830 sqft
Floor
5th of 5
Parking
8-G-58
Service charge
AED 13,300 /yr
Last sold
AED 500K · March 2024
Building
Ritaj H

About 505, Ritaj H

505 is a one-bedroom apartment of 830 sqft on the 5th floor of Ritaj H, a 5-storey tower in Dubai Investment Park Second. It last sold on 7 March 2024 for AED 500,000, or AED 602 per sqft.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 26 June 2017, is AED 65,000 a year: a gross yield of 13.0% on the 2024 price, before the service charge of about AED 13,300 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in Ritaj H
500K600K700K2012201620202024Typical sale price by year: 2012 AED 702,000; 2025 AED 602,445; 2026 AED 579,873Sold by developer, March 2012: AED 684,000 (AED 824 per sqft)Sold, March 2024: AED 500,000 (AED 602 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in Ritaj H
40K60K2013201720212025Typical rent by year: 2013 AED 35,000; 2014 AED 45,000; 2015 AED 40,609; 2016 AED 46,910; 2017 AED 53,801; 2018 AED 51,568; 2019 AED 48,500; 2020 AED 37,000; 2021 AED 30,462; 2022 AED 32,308; 2023 AED 38,500; 2024 AED 42,350; 2025 AED 46,200; 2026 AED 58,000New contract, June 2014: AED 65,000 a yearNew contract, June 2016: AED 65,000 a yearRenewal, June 2017: AED 65,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Ritaj H, and where 505 sits

All 20 1-beds →

Over the last 12 months one-beds sold for AED 579,873 to 640,330, around AED 700 per sqft, and rent for AED 44,468 to 65,000 a year. 505's AED 65,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jan 2026579,873
29 Jan 2026580,475
23 Jan 2026638,997
21 Jan 2026579,873
6 1-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 5th floor

All 69 units in Ritaj H
Value
5012-bedAED 710K · Mar 2023
5021-bedAED 568K · Jan 2025
5032-bedAED 875K · Dec 2016
5042-bedAED 860K · Feb 2025
5062-bedAED 1.35M · May 2014
5071-bedAED 684K · May 2014
5082-bedAED 893K · Feb 2013
1–7 of 11

505, Ritaj H in numbers

  • Sold twice: first on 4 March 2012 for AED 684,000, last on 7 March 2024 for AED 500,000 (AED 602 per sqft).
  • Rented since June 2014 on 3 Ejari contracts, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 13.0%, before a service charge of about AED 13,300 a year (AED 16.03 per sqft).
  • One-beds in Ritaj H sold for AED 579,873–640,330 in the 12 months to November 2026; the building's median across all types is AED 699 per sqft.

Source: Dubai Land Department. Updated 7 March 2024.

Questions about 505, Ritaj H

What did unit 505 last sell for?

AED 500,000 on 7 March 2024: AED 602 per sqft for 830 sqft. The unit has 2 registered sales; the first was AED 684,000 in March 2012.

What is the rent for unit 505?

AED 65,000 a year on the contract renewed on 26 June 2017. The previous contract, from June 2016, was AED 65,000; the unit has been rented since June 2014.

How big is unit 505?

830 sqft (77.1 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ritaj H sold for AED 579,873 to 640,330 in the last 12 months, around AED 700 per sqft.

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Mortgage on 505, Ritaj H

Starts from the last sale price (AED 500K, 7 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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