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1-bed · 828 sqftRitaj E, Dubai Investment Park Second · 1st floor

120, Ritaj E

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 120 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 395K1 June 2023
Current rentAED 57K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 120, Ritaj E

What is 120 worth today?

Last sold for AED 395,000 in 2023

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1 Jun 2025RentedRenewal
AED 56,500/yr12 months · AED 68 per sqft
1 Jun 2024RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft
1 Jun 2023SoldReady
AED 395,000AED 476 per sqft
20 Dec 2022RentedNew contract
AED 33,000/yr12 months · AED 40 per sqft
30 Nov 2021RentedRenewal
AED 28,000/yr12 months · AED 34 per sqft
30 Nov 2020RentedRenewal
AED 32,000/yr12 months · AED 39 per sqft
30 Nov 2019RentedNew contract
AED 38,000/yr12 months · AED 46 per sqft
1 Dec 2017RentedNew contract
AED 60,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
1-bed apartment
Size
828 sqft
Floor
1st of 5
Parking
Building 15-GA-10
Service charge
AED 10,600 /yr
Last sold
AED 395K · June 2023
Building
Ritaj E

About 120, Ritaj E

120 is a one-bedroom apartment of 828 sqft on the 1st floor of Ritaj E, a 5-storey tower in Dubai Investment Park Second. It last sold on 1 June 2023 for AED 395,000, or AED 476 per sqft, 8% above the AED 439 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 56,500 a year: a gross yield of 14.3% on the 2023 price, before the service charge of about AED 10,600 a year.

Sales and rents for 120 over time

Sales
Unit 120, each saleTypical one-bed in Ritaj E
400K600K800K20142017202020232026Typical sale price by year: 2014 AED 700,000; 2015 AED 780,000; 2017 AED 660,000; 2023 AED 380,000; 2024 AED 405,000; 2025 AED 579,873Sold by developer, February 2014: AED 650,000 (AED 784 per sqft)Sold, June 2023: AED 395,000 (AED 476 per sqft)

120 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 120, each contractTypical one-bed in Ritaj E
40K60K2013201720212025Typical rent by year: 2013 AED 46,154; 2014 AED 61,000; 2015 AED 65,000; 2016 AED 65,000; 2017 AED 60,000; 2018 AED 52,000; 2019 AED 43,500; 2020 AED 35,500; 2021 AED 30,000; 2022 AED 32,388; 2023 AED 37,000; 2024 AED 52,000; 2025 AED 55,000; 2026 AED 58,000New contract, March 2014: AED 55,000 a yearNew contract, March 2015: AED 60,000 a yearNew contract, December 2017: AED 60,000 a yearNew contract, November 2019: AED 38,000 a yearRenewal, November 2020: AED 32,000 a yearRenewal, November 2021: AED 28,000 a yearNew contract, December 2022: AED 33,000 a yearNew contract, June 2024: AED 55,000 a yearRenewal, June 2025: AED 56,500 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Ritaj E, and where 120 sits

All 66 1-beds →

120 last sold in June 2023 at AED 476 per sqft, 8% above what one-beds in Ritaj E were fetching at the time (AED 439). 120's AED 56,500 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Jul 2025653,083
22 Jul 2025577,010
10 Jul 2025581,609
9 Jul 2025579,873
0 1-bed sales in the last 12 months

Ritaj E

Building

139 apartments, 1-bed to 2-bed over 5 floors in Dubai Investment Park Second. 3 sold in the last 12 months.

Typical price per sqft
AED 584
Typical sale
AED 900K
Typical rent
AED 61K /yr
Typical yield
10.9%
Ritaj E, Dubai Investment Park Second: prices, sales and rents →

Other units on the 1st floor

All 139 units in Ritaj E
Value
1022-bedAED 1.18M · May 2015
1042-bedAED 850K · Oct 2024
1052-bedAED 900K · Jan 2026
1062-bedAED 900K · Dec 2017
107AED 580K · Nov 2025
1081-bedAED 800K · Aug 2014
1091-bedAED 780K · Mar 2015
1–7 of 23

120, Ritaj E in numbers

  • Sold twice: first on 16 February 2014 for AED 650,000, last on 1 June 2023 for AED 395,000 (AED 476 per sqft).
  • Rented since March 2014 on 9 Ejari contracts. The rent fell from AED 55,000 to AED 28,000 in 2021 and recovered to AED 56,500 by June 2025.
  • At AED 56,500 a year the gross yield on the 2023 price is 14.3%, before a service charge of about AED 10,600 a year (AED 12.75 per sqft).

Source: Dubai Land Department. Updated 1 June 2025.

Questions about 120, Ritaj E

What did unit 120 last sell for?

AED 395,000 on 1 June 2023: AED 476 per sqft for 828 sqft. The unit has 2 registered sales; the first was AED 650,000 in February 2014.

What is the rent for unit 120?

AED 56,500 a year on the contract renewed on 1 June 2025. The previous contract, from June 2024, was AED 55,000; the unit has been rented since March 2014.

How big is unit 120?

828 sqft (76.9 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower.

What is unit 120 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 120, Ritaj E

Starts from the last sale price (AED 395K, 1 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 395,000
Deposit, UAE resident (20%)
AED 79,000
Deposit, non-resident (40%)
AED 158,000
Monthly over 25 years at 3.7%
AED 1,616

Plus AED 19,500 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →