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2-bed · 1,538 sqftRitaj E, Dubai Investment Park Second · 1st floor

129, Ritaj E

Sold prices and rental history: sold twice, last in September 2017, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 129 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 505K14 September 2017
Current rentAED 70K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 129, Ritaj E

What is 129 worth today?

Last sold for AED 505,000 in 2017

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15 Sep 2024RentedRenewal
AED 70,000/yr12 months · AED 45 per sqft
15 Sep 2023RentedNew contract
AED 70,000/yr12 months · AED 45 per sqft
14 Sep 2017SoldReady
AED 505,000AED 328 per sqft
9 Jan 2014Sold by developerReady
AED 975,000AED 634 per sqft

Source: Dubai Land Department. Updated 15 September 2024.

Key facts

Type
2-bed apartment
Size
1,538 sqft
Floor
1st of 5
Parking
Building 15-GA-19
Service charge
AED 19,600 /yr
Last sold
AED 505K · September 2017
Building
Ritaj E

About 129, Ritaj E

129 is a two-bedroom apartment of 1,538 sqft on the 1st floor of Ritaj E, a 5-storey tower in Dubai Investment Park Second. It last sold on 14 September 2017 for AED 505,000, or AED 328 per sqft, 48% below the AED 630 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 15 September 2024, is AED 70,000 a year: a gross yield of 13.9% on the 2017 price, before the service charge of about AED 19,600 a year.

Sales and rents for 129 over time

Sales
Unit 129, each saleTypical two-bed in Ritaj E
500K1M20132016201920222025Typical sale price by year: 2013 AED 875,000; 2014 AED 940,000; 2015 AED 1,200,000; 2017 AED 950,000; 2020 AED 575,000; 2022 AED 640,000; 2023 AED 620,000; 2024 AED 850,000Sold by developer, January 2014: AED 975,000 (AED 634 per sqft)Sold, September 2017: AED 505,000 (AED 328 per sqft)

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

Rents
Unit 129, each contractTypical two-bed in Ritaj E
50K75K100K2013201720212025Typical rent by year: 2013 AED 88,909; 2014 AED 90,000; 2015 AED 99,613; 2016 AED 95,000; 2017 AED 90,000; 2018 AED 79,734; 2019 AED 68,500; 2020 AED 55,000; 2021 AED 50,000; 2022 AED 55,000; 2023 AED 60,000; 2024 AED 70,000; 2025 AED 77,175; 2026 AED 93,000New contract, September 2023: AED 70,000 a yearRenewal, September 2024: AED 70,000 a year

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

2-beds in Ritaj E, and where 129 sits

All 63 2-beds →

129 last sold in September 2017 at AED 328 per sqft, 48% below what two-beds in Ritaj E were fetching at the time (AED 630). Over the last 12 months two-beds sold for AED 860,000 to 990,000, around AED 584 per sqft, and rent for AED 60,000 to 100,000 a year. 129's AED 70,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Feb 2026990,000
13 Jan 2026900,000
22 Dec 2025860,000
6 Mar 2025750,000
3 2-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

129, Ritaj E in numbers

  • Sold twice: first on 9 January 2014 for AED 975,000, last on 14 September 2017 for AED 505,000 (AED 328 per sqft).
  • Rented since September 2023 on 2 Ejari contracts, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2017 price is 13.9%, before a service charge of about AED 19,600 a year (AED 12.75 per sqft).
  • Two-beds in Ritaj E sold for AED 860,000–990,000 in the 12 months to November 2026; the building's median across all types is AED 584 per sqft.

Source: Dubai Land Department. Updated 15 September 2024.

Questions about 129, Ritaj E

What did unit 129 last sell for?

AED 505,000 on 14 September 2017: AED 328 per sqft for 1,538 sqft. The unit has 2 registered sales; the first was AED 975,000 in January 2014.

What is the rent for unit 129?

AED 70,000 a year on the contract renewed on 15 September 2024. The previous contract, from September 2023, was AED 70,000.

How big is unit 129?

1,538 sqft (142.9 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower.

What is unit 129 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Ritaj E sold for AED 860,000 to 990,000 in the last 12 months, around AED 584 per sqft.

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Mortgage on 129, Ritaj E

Starts from the last sale price (AED 505K, 14 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 505,000
Deposit, UAE resident (20%)
AED 101,000
Deposit, non-resident (40%)
AED 202,000
Monthly over 25 years at 3.7%
AED 2,066

Plus AED 26,220 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →