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1-bed · 856 sqftRitaj E, Dubai Investment Park Second · 1st floor

122, Ritaj E

Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 122 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 350K23 February 2023
Current rentAED 54K /yr25 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 122, Ritaj E

What is 122 worth today?

Last sold for AED 350,000 in 2023

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25 Oct 2024RentedNew contract
AED 54,000/yr12 months · AED 63 per sqft
25 Oct 2023RentedNew contract
AED 48,000/yr12 months · AED 56 per sqft
23 Feb 2023SoldReady
AED 350,000AED 408 per sqft
1 Jul 2022RentedRenewal
AED 31,000/yr12 months · AED 36 per sqft
1 Jun 2020RentedRenewal
AED 40,000/yr12 months · AED 46 per sqft
1 Jun 2019RentedRenewal
AED 47,000/yr12 months · AED 55 per sqft
1 Jun 2018RentedNew contract
AED 50,000/yr12 months · AED 58 per sqft
22 Jul 2016RentedNew contract
AED 70,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 25 October 2024.

Key facts

Type
1-bed apartment
Size
856 sqft
Floor
1st of 5
Parking
Building 15-GA-12
Service charge
AED 10,900 /yr
Last sold
AED 350K · February 2023
Building
Ritaj E

About 122, Ritaj E

122 is a one-bedroom apartment of 856 sqft on the 1st floor of Ritaj E, a 5-storey tower in Dubai Investment Park Second. It last sold on 23 February 2023 for AED 350,000, or AED 408 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 25 October 2024, is AED 54,000 a year: a gross yield of 15.4% on the 2023 price, before the service charge of about AED 10,900 a year.

Sales and rents for 122 over time

Sales
Unit 122, each saleTypical one-bed in Ritaj E
500K750K20142017202020232026Typical 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, July 2014: AED 800,000 (AED 934 per sqft)Sold, February 2023: AED 350,000 (AED 408 per sqft)

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

Rents
Unit 122, 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, August 2013: AED 46,154 a yearNew contract, July 2016: AED 70,000 a yearNew contract, June 2018: AED 50,000 a yearRenewal, June 2019: AED 47,000 a yearRenewal, June 2020: AED 40,000 a yearRenewal, July 2022: AED 31,000 a yearNew contract, October 2023: AED 48,000 a yearNew contract, October 2024: AED 54,000 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 122 sits

All 66 1-beds →

122's AED 54,000 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

122, Ritaj E in numbers

  • Sold twice: first on 2 July 2014 for AED 800,000, last on 23 February 2023 for AED 350,000 (AED 408 per sqft).
  • Rented since August 2013 on 8 Ejari contracts. The rent fell from AED 46,154 to AED 31,000 in 2022 and recovered to AED 54,000 by October 2024.
  • At AED 54,000 a year the gross yield on the 2023 price is 15.4%, before a service charge of about AED 10,900 a year (AED 12.75 per sqft).

Source: Dubai Land Department. Updated 25 October 2024.

Questions about 122, Ritaj E

What did unit 122 last sell for?

AED 350,000 on 23 February 2023: AED 408 per sqft for 856 sqft. The unit has 2 registered sales; the first was AED 800,000 in July 2014.

What is the rent for unit 122?

AED 54,000 a year on the contract signed on 25 October 2024. The previous contract, from October 2023, was AED 48,000; the unit has been rented since August 2013.

How big is unit 122?

856 sqft (79.5 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower.

What is unit 122 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 122, Ritaj E

Starts from the last sale price (AED 350K, 23 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

Plus AED 17,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →