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Studio · 311 sqftRitaj K, Dubai Investment Park Second · 1st floor

118, Ritaj K

Sold prices and rental history: no registered sale, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 1 March 2024
Current rentAED 24K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 118, Ritaj K

What is 118 worth today?

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1 Mar 2024RentedRenewal
AED 24,000/yr12 months · AED 77 per sqft
1 Mar 2023RentedRenewal
AED 22,500/yr12 months · AED 72 per sqft
1 Mar 2022RentedNew contract
AED 22,000/yr12 months · AED 71 per sqft
1 Jan 2021RentedRenewal
AED 22,000/yr14 months · AED 70 per sqft
1 Jan 2020RentedNew contract
AED 25,000/yr12 months · AED 80 per sqft
1 Jan 2019RentedNew contract
AED 28,200/yr12 months · AED 91 per sqft
14 Apr 2016RentedNew contract
AED 42,000/yr12 months · AED 135 per sqft
25 Jan 2015RentedNew contract
AED 45,000/yr12 months · AED 144 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
Studio apartment
Size
311 sqft
Floor
1st of 5
Parking
Building 17-UBA-06
Service charge
AED 6,700 /yr
Last sold
No registered sale
Building
Ritaj K

About 118, Ritaj K

118 is a studio of 311 sqft on the 1st floor of Ritaj K, a 5-storey tower in Dubai Investment Park Second. No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 24,000 a year, before the service charge of about AED 6,700 a year.

Sales and rents for 118 over time

Sales
Unit 118, each saleTypical studio in Ritaj K
400K500K2014201820222026Typical sale price by year: 2014 AED 499,000; 2015 AED 440,000; 2016 AED 499,000; 2017 AED 440,000; 2026 AED 340,000

No registered sale of 118; the dashed line is the studio median of each year in the building.

Rents
Unit 118, each contractTypical studio in Ritaj K
20K40K2014201820222026Typical rent by year: 2014 AED 45,000; 2015 AED 44,000; 2016 AED 42,000; 2017 AED 42,000; 2018 AED 30,000; 2019 AED 24,750; 2020 AED 23,000; 2021 AED 22,000; 2022 AED 22,000; 2023 AED 23,500; 2024 AED 27,500; 2025 AED 32,000; 2026 AED 35,000New contract, January 2015: AED 45,000 a yearNew contract, April 2016: AED 42,000 a yearNew contract, January 2019: AED 28,200 a yearNew contract, January 2020: AED 25,000 a yearRenewal, January 2021: AED 22,000 a yearNew contract, March 2022: AED 22,000 a yearRenewal, March 2023: AED 22,500 a yearRenewal, March 2024: AED 24,000 a year

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

Studios in Ritaj K, and where 118 sits

All 219 studios →

Over the last 12 months studios sold for AED 332,000 to 355,000, around AED 1,086 per sqft, and rent for AED 20,000 to 42,000 a year. 118's AED 24,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Oct 2026340,000
21 Apr 2026340,000
1 Apr 2026355,000
13 Nov 2025332,000
4 studio sales in the last 12 months

Ritaj K

Building

219 apartments, studios over 5 floors in Dubai Investment Park Second. 4 sold in the last 12 months.

Typical price per sqft
AED 1,086
Typical sale
AED 340K
Typical rent
AED 35K /yr
Typical yield
10.3%
Ritaj K, Dubai Investment Park Second: prices, sales and rents →

Other units on the 1st floor

All 219 units in Ritaj K
Value
101StudioAED 515K · Jun 2014
102StudioAED 505K · Jul 2014
103StudioAED 430K · Sep 2017
104StudioAED 323K · Feb 2024
105StudioAED 492K · Aug 2014
106StudioNo registered sale
107StudioAED 300K · Oct 2021
1–7 of 38

118, Ritaj K in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since January 2015 on 8 Ejari contracts, from AED 45,000 to AED 24,000 a year.
  • Studios in Ritaj K sold for AED 332,000–355,000 in the 12 months to November 2026; the building's median across all types is AED 1,086 per sqft.

Source: Dubai Land Department. Updated 1 March 2024.

Questions about 118, Ritaj K

What is the rent for unit 118?

AED 24,000 a year on the contract renewed on 1 March 2024. The previous contract, from March 2023, was AED 22,500; the unit has been rented since January 2015.

How big is unit 118?

311 sqft (28.9 sqm): a studio on the 1st floor of a 5-storey tower.

What is unit 118 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Ritaj K sold for AED 332,000 to 355,000 in the last 12 months, around AED 1,086 per sqft.

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