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

G18, Ritaj K

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

Unit G18 · DLD and Ejari recordsUpdated 3 June 2022
Last soldAED 499K11 September 2014
Current rentAED 19K /yr3 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G18, Ritaj K

What is G18 worth today?

Last sold for AED 499,000 in 2014

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3 Jun 2022RentedNew contract
AED 18,800/yr12 months · AED 60 per sqft
1 Mar 2021RentedNew contract
AED 20,000/yr13 months · AED 64 per sqft
2 Nov 2020RentedNew contract
AED 20,000/yr13 months · AED 64 per sqft
24 Mar 2019RentedNew contract
AED 30,000/yr12 months · AED 96 per sqft
1 Jan 2016RentedNew contract
AED 45,000/yr12 months · AED 144 per sqft
15 Dec 2014RentedNew contract
AED 40,000/yr12 months · AED 128 per sqft
11 Sep 2014Sold by developerReady
AED 499,000AED 1,599 per sqft

Source: Dubai Land Department. Updated 3 June 2022.

Key facts

Type
Studio apartment
Size
312 sqft
Floor
Ground of 5
Parking
Building 17-LBB-12
Service charge
AED 6,700 /yr
Last sold
AED 499K · September 2014
Building
Ritaj K

About G18, Ritaj K

G18 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 11 September 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 6 Ejari contracts. The current contract, signed on 3 June 2022, is AED 18,800 a year: a gross yield of 3.8% on the 2014 price, before the service charge of about AED 6,700 a year.

Sales and rents for G18 over time

Sales
Unit G18, 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, September 2014: AED 499,000 (AED 1,599 per sqft)

G18 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit G18, 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 yearNew contract, January 2016: AED 45,000 a yearNew contract, March 2019: AED 30,000 a yearNew contract, November 2020: AED 20,000 a yearNew contract, March 2021: AED 20,000 a yearNew contract, June 2022: AED 18,800 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 G18 sits

All 219 studios →

G18 last sold in September 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. G18's AED 18,800 is at the bottom 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

G18, Ritaj K in numbers

  • Sold once: by the developer on 11 September 2014 for AED 499,000, or AED 1,599 per sqft.
  • Rented since December 2014 on 6 Ejari contracts, from AED 40,000 to AED 18,800 a year.
  • At AED 18,800 a year the gross yield on the 2014 price is 3.8%, 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 3 June 2022.

Questions about G18, Ritaj K

What did unit G18 last sell for?

AED 499,000 on 11 September 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 G18?

AED 18,800 a year on the contract signed on 3 June 2022. The previous contract, from March 2021, was AED 20,000; the unit has been rented since December 2014.

How big is unit G18?

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

What is unit G18 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 G18, Ritaj K

Starts from the last sale price (AED 499K, 11 September 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 →