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

G12, Ritaj K

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G12 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 499K28 August 2014
Current rentAED 29K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G12, Ritaj K

What is G12 worth today?

Last sold for AED 499,000 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Feb 2025RentedNew contract
AED 29,222/yr12 months · AED 94 per sqft
1 Feb 2025RentedNew contract
AED 29,222/yr12 months · AED 94 per sqft
1 Feb 2022RentedNew contract
AED 23,000/yr12 months · AED 74 per sqft
27 Dec 2020RentedNew contract
AED 20,000/yr13 months · AED 64 per sqft
13 Dec 2019RentedNew contract
AED 26,000/yr12 months · AED 83 per sqft
1 Mar 2018RentedNew contract
AED 35,000/yr12 months · AED 112 per sqft
15 Dec 2016RentedRenewal
AED 42,000/yr12 months · AED 135 per sqft
15 Dec 2015RentedRenewal
AED 42,000/yr12 months · AED 135 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
Studio apartment
Size
312 sqft
Floor
Ground of 5
Parking
Building 17-LBB-06
Service charge
AED 6,700 /yr
Last sold
AED 499K · August 2014
Building
Ritaj K

About G12, Ritaj K

G12 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 28 August 2014 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 2014 on 9 Ejari contracts. The current contract, signed on 1 February 2025, is AED 29,222 a year: a gross yield of 5.9% on the 2014 price, before the service charge of about AED 6,700 a year.

Sales and rents for G12 over time

Sales
Unit G12, 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 2014: AED 499,000 (AED 1,599 per sqft)

G12 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit G12, 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, December 2014: AED 40,000 a yearRenewal, December 2015: AED 42,000 a yearRenewal, December 2016: AED 42,000 a yearNew contract, March 2018: AED 35,000 a yearNew contract, December 2019: AED 26,000 a yearNew contract, December 2020: AED 20,000 a yearNew contract, February 2022: AED 23,000 a yearNew contract, February 2025: AED 29,222 a yearNew contract, February 2025: AED 29,222 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 G12 sits

All 219 studios →

G12 last sold in August 2014 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. G12's AED 29,222 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 ground floor

All 219 units in Ritaj K
Value
G01StudioNo registered sale
G02StudioAED 499K · Feb 2015
G03StudioAED 499K · Apr 2015
G04StudioNo registered sale
G05StudioAED 340K · Oct 2026
G06StudioAED 499K · Nov 2014
G07StudioNo registered sale
1–7 of 19

G12, Ritaj K in numbers

  • Sold once: by the developer on 28 August 2014 for AED 499,000, or AED 1,599 per sqft.
  • Rented since December 2014 on 9 Ejari contracts. The rent fell from AED 40,000 to AED 20,000 in 2020 and recovered to AED 29,222 by February 2025.
  • At AED 29,222 a year the gross yield on the 2014 price is 5.9%, 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 February 2025.

Questions about G12, Ritaj K

What did unit G12 last sell for?

AED 499,000 on 28 August 2014, 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 G12?

AED 29,222 a year on the contract signed on 1 February 2025. The previous contract, from February 2025, was AED 29,222; the unit has been rented since December 2014.

How big is unit G12?

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

What is unit G12 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.

Selling G12? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on G12, Ritaj K

Starts from the last sale price (AED 499K, 28 August 2014). 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 →