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Studio · 314 sqftRitaj K, Dubai Investment Park Second · 3rd floor

332, Ritaj K

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 332 · DLD and Ejari recordsUpdated 10 January 2024
Last soldAED 440K27 August 2015
Current rentAED 24K /yr10 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 332, Ritaj K

What is 332 worth today?

Last sold for AED 440,000 in 2015

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10 Jan 2024RentedRenewal
AED 23,500/yr12 months · AED 75 per sqft
10 Jan 2024RentedRenewal
AED 23,500/yr12 months · AED 75 per sqft
10 Jan 2023RentedRenewal
AED 22,000/yr12 months · AED 70 per sqft
10 Jan 2023RentedRenewal
AED 22,000/yr12 months · AED 70 per sqft
10 Jan 2022RentedRenewal
AED 20,400/yr12 months · AED 65 per sqft
10 Jan 2021RentedRenewal
AED 17,000/yr12 months · AED 54 per sqft
10 Jan 2020RentedRenewal
AED 17,000/yr12 months · AED 54 per sqft
10 Jan 2019RentedRenewal
AED 28,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 10 January 2024.

Key facts

Type
Studio apartment
Size
314 sqft
Floor
3rd of 5
Parking
Building 17-1A-04
Service charge
AED 6,800 /yr
Last sold
AED 440K · August 2015
Building
Ritaj K

About 332, Ritaj K

332 is a studio of 314 sqft on the 3rd floor of Ritaj K, a 5-storey tower in Dubai Investment Park Second. The developer sold it on 27 August 2015 for AED 440,000, or AED 1,402 per sqft, 12% below the AED 1,599 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 10 January 2024, is AED 23,500 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 6,800 a year.

Sales and rents for 332 over time

Sales
Unit 332, 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 340,000Sold by developer, August 2015: AED 440,000 (AED 1,402 per sqft)

332 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 332, 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, May 2015: AED 44,000 a yearNew contract, January 2018: AED 32,000 a yearRenewal, January 2019: AED 28,000 a yearRenewal, January 2020: AED 17,000 a yearRenewal, January 2021: AED 17,000 a yearRenewal, January 2022: AED 20,400 a yearRenewal, January 2023: AED 22,000 a yearRenewal, January 2023: AED 22,000 a yearRenewal, January 2024: AED 23,500 a yearRenewal, January 2024: AED 23,500 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 332 sits

All 219 studios →

332 last sold in August 2015 at AED 1,402 per sqft, 12% below what studios in Ritaj K were fetching at the time (AED 1,599). 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. 332's AED 23,500 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 3rd floor

All 219 units in Ritaj K
Value
301StudioNo registered sale
302StudioNo registered sale
303StudioNo registered sale
304StudioNo registered sale
305StudioNo registered sale
306StudioNo registered sale
307StudioNo registered sale
1–7 of 39

332, Ritaj K in numbers

  • Sold once: by the developer on 27 August 2015 for AED 440,000, or AED 1,402 per sqft.
  • Rented since May 2015 on 10 Ejari contracts. The rent fell from AED 44,000 to AED 17,000 in 2021 and recovered to AED 23,500 by January 2024.
  • At AED 23,500 a year the gross yield on the 2015 price is 5.3%, before a service charge of about AED 6,800 a year (AED 21.54 per sqft).
  • 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 10 January 2024.

Questions about 332, Ritaj K

What did unit 332 last sell for?

AED 440,000 on 27 August 2015, sold by the developer: AED 1,402 per sqft for 314 sqft. It is the only registered sale of the unit.

What is the rent for unit 332?

AED 23,500 a year on the contract renewed on 10 January 2024. The previous contract, from January 2024, was AED 23,500; the unit has been rented since May 2015.

How big is unit 332?

314 sqft (29.2 sqm): a studio on the 3rd floor of a 5-storey tower.

What is unit 332 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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Mortgage on 332, Ritaj K

Starts from the last sale price (AED 440K, 27 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 440,000
Deposit, UAE resident (20%)
AED 88,000
Deposit, non-resident (40%)
AED 176,000
Monthly over 25 years at 3.7%
AED 1,800

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