512, Ritaj H
Sold prices and rental history: sold once, by the developer in February 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 512, Ritaj H
What is 512 worth today?
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Source: Dubai Land Department. Updated 25 June 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,651 sqft
- Floor
- 5th of 5
- Parking
- 8-G-67& 8-G-68
- Service charge
- AED 42,500 /yr
- Last sold
- AED 1.3M · February 2012
- Building
- Ritaj H
About 512, Ritaj H
512 is a three-bedroom apartment of 2,651 sqft on the 5th floor of Ritaj H, a 5-storey tower in Dubai Investment Park Second. The developer sold it on 29 February 2012 for AED 1,300,000, or AED 490 per sqft, in line with the AED 499 three-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 25 June 2024, is AED 95,000 a year: a gross yield of 7.3% on the 2012 price, before the service charge of about AED 42,500 a year.
Sales and rents for 512 over time
512 has sold once; the dashed line is the three-bed median of each year in the building.
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 512 sits
All 20 3-beds →512 last sold in February 2012 at AED 490 per sqft, in line with what three-beds in Ritaj H were fetching at the time (AED 499). 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. 512's AED 95,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202616 October 2026 | 2,588 sqft | 1,651,000 | 638 | ||
| 11 Nov 202511 November 2025 | 2,608 sqft | 1,730,000 | 663 | ||
| 1 Sep 20251 September 2025 | 3,121 sqft | 1,800,000 | 576 | ||
| 8 May 20258 May 2025 | 2,603 sqft | 1,410,000 | 541 |
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 | |
| 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, Ritaj H in numbers
- Sold once: by the developer on 29 February 2012 for AED 1,300,000, or AED 490 per sqft.
- Rented since October 2014 on 13 Ejari contracts. The rent fell from AED 145,000 to AED 80,000 in 2020 and recovered to AED 95,000 by June 2024.
- At AED 95,000 a year the gross yield on the 2012 price is 7.3%, before a service charge of about AED 42,500 a year (AED 16.03 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 25 June 2024.
Questions about 512, Ritaj H
What did unit 512 last sell for?
AED 1,300,000 on 29 February 2012, sold by the developer: AED 490 per sqft for 2,651 sqft. It is the only registered sale of the unit.
What is the rent for unit 512?
AED 95,000 a year on the contract renewed on 25 June 2024. The previous contract, from June 2024, was AED 95,000; the unit has been rented since October 2014.
How big is unit 512?
2,651 sqft (246.3 sqm): a three-bedroom apartment on the 5th floor of a 5-storey tower.
What is unit 512 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 512, Ritaj H
Starts from the last sale price (AED 1.3M, 29 February 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →