G16, Ritaj K
Sold prices and rental history: sold once, by the developer in June 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G16, Ritaj K
What is G16 worth today?
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Source: Dubai Land Department. Updated 15 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 311 sqft
- Floor
- Ground of 5
- Parking
- Building 17-LBB-10
- Service charge
- AED 6,700 /yr
- Last sold
- AED 499K · June 2014
- Building
- Ritaj K
About G16, Ritaj K
G16 is a studio of 311 sqft on the ground floor of Ritaj K, a 5-storey tower in Dubai Investment Park Second. The developer sold it on 18 June 2014 for AED 499,000, or AED 1,604 per sqft, in line with the AED 1,604 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 15 January 2026, is AED 31,000 a year: a gross yield of 6.2% on the 2014 price, before the service charge of about AED 6,700 a year.
Sales and rents for G16 over time
G16 has sold once; the dashed line is the studio median of each year in the building.
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 G16 sits
All 219 studios →G16 last sold in June 2014 at AED 1,604 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. G16's AED 31,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Oct 202617 October 2026 | 314 sqft | 340,000 | 1,083 | ||
| 21 Apr 202621 April 2026 | 312 sqft | 340,000 | 1,089 | ||
| 1 Apr 20261 April 2026 | 312 sqft | 355,000 | 1,137 | ||
| 13 Nov 202513 November 2025 | 312 sqft | 332,000 | 1,062 |
Ritaj K
Building219 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%
Other units on the ground floor
All 219 units in Ritaj K| ValueToday's value | |||||
|---|---|---|---|---|---|
| G01 | Studio | 311 sqft | No registered sale | 25,300 /yr | |
| G02 | Studio | 312 sqft | AED 499KAED 499,000 · Feb 2015February 2015 | 34,000 /yr | |
| G03 | Studio | 311 sqft | AED 499KAED 499,000 · Apr 2015April 2015 | 34,500 /yr | |
| G04 | Studio | 312 sqft | No registered sale | 32,000 /yr | |
| G05 | Studio | 314 sqft | AED 340KAED 340,000 · Oct 2026October 2026 | 34,000 /yr | |
| G06 | Studio | 311 sqft | AED 499KAED 499,000 · Nov 2014November 2014 | 25,000 /yr | |
| G07 | Studio | 312 sqft | No registered sale | 35,000 /yr | |
| G08 | Studio | 311 sqft | AED 499KAED 499,000 · Sep 2014September 2014 | 30,800 /yr | |
| G09 | Studio | 312 sqft | No registered sale | 30,000 /yr | |
| G10 | Studio | 462 sqft | No registered sale | 25,000 /yr | |
| G11 | Studio | 311 sqft | No registered sale | 38,000 /yr | |
| G12 | Studio | 312 sqft | AED 499KAED 499,000 · Aug 2014August 2014 | 29,222 /yr | |
| G13 | Studio | 311 sqft | AED 499KAED 499,000 · Jun 2014June 2014 | 20,000 /yr | |
| G14 | Studio | 312 sqft | No registered sale | 38,000 /yr | |
| G15 | Studio | 311 sqft | AED 499KAED 499,000 · Jun 2014June 2014 | 28,000 /yr | |
| G17 | Studio | 311 sqft | AED 499KAED 499,000 · Sep 2016September 2016 | 30,000 /yr | |
| G18 | Studio | 312 sqft | AED 499KAED 499,000 · Sep 2014September 2014 | 18,800 /yr | |
| G19 | Studio | 311 sqft | AED 499KAED 499,000 · Jun 2014June 2014 | 29,000 /yr | |
| G20 | Studio | 312 sqft | AED 332KAED 332,000 · Nov 2025November 2025 | 40,000 /yr |
G16, Ritaj K in numbers
- Sold once: by the developer on 18 June 2014 for AED 499,000, or AED 1,604 per sqft.
- Rented since September 2015 on 10 Ejari contracts. The rent fell from AED 48,000 to AED 18,000 in 2021 and recovered to AED 31,000 by January 2026.
- At AED 31,000 a year the gross yield on the 2014 price is 6.2%, 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 15 January 2026.
Questions about G16, Ritaj K
What did unit G16 last sell for?
AED 499,000 on 18 June 2014, sold by the developer: AED 1,604 per sqft for 311 sqft. It is the only registered sale of the unit.
What is the rent for unit G16?
AED 31,000 a year on the contract renewed on 15 January 2026. The previous contract, from January 2025, was AED 28,000; the unit has been rented since September 2015.
How big is unit G16?
311 sqft (28.9 sqm): a studio on the ground floor of a 5-storey tower.
What is unit G16 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 G16, Ritaj K
Starts from the last sale price (AED 499K, 18 June 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 →