3-bed · 2,615 sqftRitaj H, Dubai Investment Park Second · 5th floor

511, Ritaj H

Sold prices and rental history: sold twice, last in October 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 7 October 2024
Last soldAED 1.4M7 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Ritaj H

What is 511 worth today?

Last sold for AED 1,400,000 in 2024

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7 Oct 2024SoldReady
AED 1,400,000AED 535 per sqft
19 Mar 2014Sold by developerReady
AED 1,300,000AED 497 per sqft

Source: Dubai Land Department. Updated 7 October 2024.

Key facts

Type
3-bed apartment
Size
2,615 sqft
Floor
5th of 5
Parking
8-G-65&8-G-66
Service charge
AED 41,900 /yr
Last sold
AED 1.4M · October 2024
Building
Ritaj H

About 511, Ritaj H

511 is a three-bedroom apartment of 2,615 sqft on the 5th floor of Ritaj H, a 5-storey tower in Dubai Investment Park Second. It last sold on 7 October 2024 for AED 1,400,000, or AED 535 per sqft, 10% above the AED 487 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical three-bed in Ritaj H
1M1.5M2012201620202024Typical sale price by year: 2012 AED 1,300,000; 2013 AED 1,375,000; 2014 AED 1,710,000; 2023 AED 1,000,000; 2024 AED 1,332,500; 2025 AED 1,730,000Sold by developer, March 2014: AED 1,300,000 (AED 497 per sqft)Sold, October 2024: AED 1,400,000 (AED 535 per sqft)

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

Rents
Unit 511, each contractTypical three-bed in Ritaj H
75K100K125K2014201820222026Typical rent by year: 2014 AED 131,000; 2015 AED 136,000; 2016 AED 136,593; 2017 AED 132,500; 2018 AED 110,000; 2019 AED 100,000; 2020 AED 89,500; 2021 AED 84,000; 2022 AED 85,000; 2023 AED 91,500; 2024 AED 103,510; 2025 AED 121,000; 2026 AED 125,000

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

3-beds in Ritaj H, and where 511 sits

All 20 3-beds →

511 last sold in October 2024 at AED 535 per sqft, 10% above what three-beds in Ritaj H were fetching at the time (AED 487). Over the last 12 months three-beds sold for AED 1,651,000 to 1,730,000, around AED 651 per sqft, and rent for AED 112,059 to 140,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Oct 20261,651,000
11 Nov 20251,730,000
1 Sep 20251,800,000
8 May 20251,410,000
2 3-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

511, Ritaj H in numbers

  • Sold twice: first on 19 March 2014 for AED 1,300,000, last on 7 October 2024 for AED 1,400,000 (AED 535 per sqft).
  • Three-beds in Ritaj H sold for AED 1,651,000–1,730,000 in the 12 months to November 2026; the building's median across all types is AED 699 per sqft.

Source: Dubai Land Department. Updated 7 October 2024.

Questions about 511, Ritaj H

What did unit 511 last sell for?

AED 1,400,000 on 7 October 2024: AED 535 per sqft for 2,615 sqft. The unit has 2 registered sales; the first was AED 1,300,000 in March 2014.

How big is unit 511?

2,615 sqft (242.9 sqm): a three-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 511 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Ritaj H sold for AED 1,651,000 to 1,730,000 in the last 12 months, around AED 651 per sqft.

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Mortgage on 511, Ritaj H

Starts from the last sale price (AED 1.4M, 7 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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