2-bed · 1,547 sqftRitaj H, Dubai Investment Park Second · 5th floor

508, Ritaj H

Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 893K21 February 2013
Current rentAED 75K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Ritaj H

What is 508 worth today?

Last sold for AED 893,000 in 2013

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1 May 2025RentedRenewal
AED 75,000/yr12 months · AED 48 per sqft
1 May 2025RentedRenewal
AED 75,000/yr12 months · AED 48 per sqft
1 May 2024RentedNew contract
AED 75,000/yr12 months · AED 48 per sqft
20 Apr 2023RentedNew contract
AED 63,000/yr12 months · AED 41 per sqft
2 Apr 2022RentedRenewal
AED 57,000/yr12 months · AED 37 per sqft
2 Apr 2021RentedRenewal
AED 55,000/yr12 months · AED 35 per sqft
2 Apr 2020RentedRenewal
AED 65,000/yr12 months · AED 42 per sqft
2 Apr 2019RentedRenewal
AED 72,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
2-bed apartment
Size
1,547 sqft
Floor
5th of 5
Parking
8-G-61
Service charge
AED 24,800 /yr
Last sold
AED 893K · February 2013
Building
Ritaj H

About 508, Ritaj H

508 is a two-bedroom apartment of 1,547 sqft on the 5th 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 2014 on 13 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 75,000 a year: a gross yield of 8.4% on the 2013 price, before the service charge of about AED 24,800 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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)

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

Rents
Unit 508, 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 2014: AED 80,000 a yearNew contract, March 2015: AED 80,000 a yearRenewal, March 2016: AED 84,000 a yearRenewal, March 2017: AED 84,000 a yearNew contract, April 2018: AED 75,000 a yearRenewal, April 2019: AED 72,000 a yearRenewal, April 2020: AED 65,000 a yearRenewal, April 2021: AED 55,000 a yearRenewal, April 2022: AED 57,000 a yearNew contract, April 2023: AED 63,000 a yearNew contract, May 2024: AED 75,000 a yearRenewal, May 2025: AED 75,000 a yearRenewal, May 2025: AED 75,000 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 508 sits

All 29 2-beds →

508 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. 508's AED 75,000 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 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
5051-bedAED 500K · Mar 2024
5062-bedAED 1.35M · May 2014
5071-bedAED 684K · May 2014
1–7 of 11

508, 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 2014 on 13 Ejari contracts. The rent fell from AED 80,000 to AED 55,000 in 2021 and recovered to AED 75,000 by May 2025.
  • At AED 75,000 a year the gross yield on the 2013 price is 8.4%, 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 1 May 2025.

Questions about 508, Ritaj H

What did unit 508 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 508?

AED 75,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2025, was AED 75,000; the unit has been rented since March 2014.

How big is unit 508?

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

What is unit 508 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 508, 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 →