Studio · 312 sqftRitaj K, Dubai Investment Park Second · Ground floor

G02, Ritaj K

Sold prices and rental history: sold once, by the developer in February 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G02 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 499K8 February 2015
Current rentAED 34K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G02, Ritaj K

What is G02 worth today?

Last sold for AED 499,000 in 2015

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1 Jun 2025RentedNew contract
AED 34,000/yr12 months · AED 109 per sqft
28 Dec 2024RentedNew contract
AED 42,000/yr12 months · AED 135 per sqft
5 Oct 2024RentedNew contract
AED 38,000/yr12 months · AED 122 per sqft
15 Sep 2023RentedNew contract
AED 30,000/yr12 months · AED 96 per sqft
8 May 2018RentedNew contract
AED 33,000/yr12 months · AED 106 per sqft
1 Jan 2017RentedNew contract
AED 41,000/yr12 months · AED 131 per sqft
8 Feb 2015Sold by developerReady
AED 499,000AED 1,599 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
Studio apartment
Size
312 sqft
Floor
Ground of 5
Parking
G-156
Service charge
AED 6,700 /yr
Last sold
AED 499K · February 2015
Building
Ritaj K

About G02, Ritaj K

G02 is a studio of 312 sqft on the ground floor of Ritaj K, a 5-storey tower in Dubai Investment Park Second. The developer sold it on 8 February 2015 for AED 499,000, or AED 1,599 per sqft, in line with the AED 1,604 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 1 June 2025, is AED 34,000 a year: a gross yield of 6.8% on the 2015 price, before the service charge of about AED 6,700 a year.

Sales and rents for G02 over time

Sales
Unit G02, 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, February 2015: AED 499,000 (AED 1,599 per sqft)

G02 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit G02, 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 2017: AED 41,000 a yearNew contract, May 2018: AED 33,000 a yearNew contract, September 2023: AED 30,000 a yearNew contract, October 2024: AED 38,000 a yearNew contract, December 2024: AED 42,000 a yearNew contract, June 2025: AED 34,000 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 G02 sits

All 219 studios →

G02 last sold in February 2015 at AED 1,599 per sqft, in line with what studios in Ritaj K were fetching at the time (AED 1,604). 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. G02's AED 34,000 is in the upper 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 ground floor

All 219 units in Ritaj K
Value
G01StudioNo registered sale
G03StudioAED 499K · Apr 2015
G04StudioNo registered sale
G05StudioAED 340K · Oct 2026
G06StudioAED 499K · Nov 2014
G07StudioNo registered sale
G08StudioAED 499K · Sep 2014
1–7 of 19

G02, Ritaj K in numbers

  • Sold once: by the developer on 8 February 2015 for AED 499,000, or AED 1,599 per sqft.
  • Rented since January 2017 on 6 Ejari contracts. The rent fell from AED 41,000 to AED 30,000 in 2023 and recovered to AED 34,000 by June 2025.
  • At AED 34,000 a year the gross yield on the 2015 price is 6.8%, before a service charge of about AED 6,700 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 1 June 2025.

Questions about G02, Ritaj K

What did unit G02 last sell for?

AED 499,000 on 8 February 2015, sold by the developer: AED 1,599 per sqft for 312 sqft. It is the only registered sale of the unit.

What is the rent for unit G02?

AED 34,000 a year on the contract signed on 1 June 2025. The previous contract, from December 2024, was AED 42,000; the unit has been rented since January 2017.

How big is unit G02?

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

What is unit G02 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 G02, Ritaj K

Starts from the last sale price (AED 499K, 8 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 499,000
Deposit, UAE resident (20%)
AED 99,800
Deposit, non-resident (40%)
AED 199,600
Monthly over 25 years at 3.7%
AED 2,042

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