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Studio · 312 sqftRitaj K, Dubai Investment Park Second · 2nd floor

229, 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 229 · DLD and Ejari recordsUpdated 5 May 2024
Current rentAED 25K /yr5 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 229, Ritaj K

What is 229 worth today?

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5 May 2024RentedRenewal
AED 25,300/yr12 months · AED 81 per sqft
5 May 2023RentedNew contract
AED 23,000/yr12 months · AED 74 per sqft
20 Feb 2022RentedNew contract
AED 21,850/yr12 months · AED 70 per sqft
20 Feb 2021RentedNew contract
AED 22,000/yr12 months · AED 71 per sqft
20 Feb 2020RentedNew contract
AED 23,000/yr12 months · AED 74 per sqft
28 Apr 2016RentedRenewal
AED 42,000/yr12 months · AED 135 per sqft
28 Apr 2015RentedNew contract
AED 42,000/yr12 months · AED 135 per sqft

Source: Dubai Land Department. Updated 5 May 2024.

Key facts

Type
Studio apartment
Size
312 sqft
Floor
2nd of 5
Parking
Building 17-GA-09
Service charge
AED 6,700 /yr
Last sold
No registered sale
Building
Ritaj K

About 229, Ritaj K

229 is a studio of 312 sqft on the 2nd 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 7 Ejari contracts. The current contract, renewed on 5 May 2024, is AED 25,300 a year, before the service charge of about AED 6,700 a year.

Sales and rents for 229 over time

Sales
Unit 229, 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 229; the dashed line is the studio median of each year in the building.

Rents
Unit 229, 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, April 2015: AED 42,000 a yearRenewal, April 2016: AED 42,000 a yearNew contract, February 2020: AED 23,000 a yearNew contract, February 2021: AED 22,000 a yearNew contract, February 2022: AED 21,850 a yearNew contract, May 2023: AED 23,000 a yearRenewal, May 2024: AED 25,300 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 229 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. 229's AED 25,300 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
10.2%
Ritaj K, Dubai Investment Park Second: prices, sales and rents →

Other units on the 2nd floor

All 219 units in Ritaj K
Value
201StudioAED 525K · Jun 2014
202StudioNo registered sale
203StudioAED 355K · Jun 2023
204StudioAED 515K · Jun 2014
205StudioAED 310K · Feb 2025
206StudioNo registered sale
207StudioNo registered sale
1–7 of 39

229, Ritaj K in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since April 2015 on 7 Ejari contracts. The rent fell from AED 42,000 to AED 21,850 in 2022 and recovered to AED 25,300 by May 2024.
  • 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 5 May 2024.

Questions about 229, Ritaj K

What is the rent for unit 229?

AED 25,300 a year on the contract renewed on 5 May 2024. The previous contract, from May 2023, was AED 23,000; the unit has been rented since April 2015.

How big is unit 229?

312 sqft (29.0 sqm): a studio on the 2nd floor of a 5-storey tower.

What is unit 229 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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