506, Ritaj H
Sold prices and rental history: sold twice, last in May 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Ritaj H
What is 506 worth today?
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Source: Dubai Land Department. Updated 15 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,561 sqft
- Floor
- 5th of 5
- Parking
- 8-G-59
- Service charge
- AED 25,000 /yr
- Last sold
- AED 1.35M · May 2014
- Building
- Ritaj H
About 506, Ritaj H
506 is a two-bedroom apartment of 1,561 sqft on the 5th floor of Ritaj H, a 5-storey tower in Dubai Investment Park Second. It last sold on 6 May 2014 for AED 1,350,000, or AED 864 per sqft, 52% above the AED 570 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 15 March 2024, is AED 92,500 a year: a gross yield of 6.9% on the 2014 price, before the service charge of about AED 25,000 a year.
Sales and rents for 506 over time
506 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 506 sits
All 29 2-beds →506 last sold in May 2014 at AED 864 per sqft, 52% above what two-beds in Ritaj H were fetching at the time (AED 570). 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. 506's AED 92,500 is in the upper half 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 | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,552 sqft | AED 710KAED 710,000 · Mar 2023March 2023 | 54,000 /yr | |
| 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 | |
| 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 |
506, Ritaj H in numbers
- Sold twice: first on 12 December 2013 for AED 940,000, last on 6 May 2014 for AED 1,350,000 (AED 864 per sqft).
- Rented since January 2019 on 5 Ejari contracts. The rent fell from AED 70,000 to AED 53,000 in 2020 and recovered to AED 92,500 by March 2024.
- At AED 92,500 a year the gross yield on the 2014 price is 6.9%, 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 15 March 2024.
Questions about 506, Ritaj H
What did unit 506 last sell for?
AED 1,350,000 on 6 May 2014: AED 864 per sqft for 1,561 sqft. The unit has 2 registered sales; the first was AED 940,000 in December 2013.
What is the rent for unit 506?
AED 92,500 a year on the contract renewed on 15 March 2024. The previous contract, from March 2023, was AED 58,500; the unit has been rented since January 2019.
How big is unit 506?
1,561 sqft (145.0 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower.
What is unit 506 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 506, Ritaj H
Starts from the last sale price (AED 1.35M, 6 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →