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

130, Ritaj E

Sold prices and rental history: sold twice, last in July 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 130 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 575K26 July 2020
Current rentAED 80K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 130, Ritaj E

What is 130 worth today?

Last sold for AED 575,000 in 2020

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1 Aug 2024RentedNew contract
AED 80,000/yr12 months · AED 52 per sqft
27 Jun 2023RentedRenewal
AED 54,000/yr12 months · AED 35 per sqft
27 Jun 2022RentedRenewal
AED 54,000/yr12 months · AED 35 per sqft
27 Jun 2021RentedNew contract
AED 49,000/yr12 months · AED 32 per sqft
26 Jul 2020SoldReady
AED 575,000AED 373 per sqft
26 Jun 2020RentedNew contract
AED 50,000/yr12 months · AED 32 per sqft
10 Apr 2019RentedRenewal
AED 70,000/yr12 months · AED 45 per sqft
10 Apr 2018RentedNew contract
AED 74,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
2-bed apartment
Size
1,538 sqft
Floor
1st of 5
Parking
Building 15-GA-20
Service charge
AED 19,600 /yr
Last sold
AED 575K · July 2020
Building
Ritaj E

About 130, Ritaj E

130 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 26 July 2020 for AED 575,000, or AED 373 per sqft, 8% below the AED 407 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 1 August 2024, is AED 80,000 a year: a gross yield of 13.9% on the 2020 price, before the service charge of about AED 19,600 a year.

Sales and rents for 130 over time

Sales
Unit 130, 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, February 2014: AED 975,000 (AED 634 per sqft)Sold, July 2020: AED 575,000 (AED 373 per sqft)

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

Rents
Unit 130, 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, February 2014: AED 80,000 a yearNew contract, June 2015: AED 100,000 a yearRenewal, June 2016: AED 100,000 a yearNew contract, January 2017: AED 90,000 a yearNew contract, April 2018: AED 74,000 a yearRenewal, April 2019: AED 70,000 a yearNew contract, June 2020: AED 50,000 a yearNew contract, June 2021: AED 49,000 a yearRenewal, June 2022: AED 54,000 a yearRenewal, June 2023: AED 54,000 a yearNew contract, August 2024: AED 80,000 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 130 sits

All 63 2-beds →

130 last sold in July 2020 at AED 373 per sqft, 8% below what two-beds in Ritaj E were fetching at the time (AED 407). 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. 130's AED 80,000 is in the upper 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

130, Ritaj E in numbers

  • Sold twice: first on 19 February 2014 for AED 975,000, last on 26 July 2020 for AED 575,000 (AED 373 per sqft).
  • Rented since February 2014 on 11 Ejari contracts. The rent fell from AED 80,000 to AED 49,000 in 2021 and recovered to AED 80,000 by August 2024.
  • At AED 80,000 a year the gross yield on the 2020 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 1 August 2024.

Questions about 130, Ritaj E

What did unit 130 last sell for?

AED 575,000 on 26 July 2020: AED 373 per sqft for 1,538 sqft. The unit has 2 registered sales; the first was AED 975,000 in February 2014.

What is the rent for unit 130?

AED 80,000 a year on the contract signed on 1 August 2024. The previous contract, from June 2023, was AED 54,000; the unit has been rented since February 2014.

How big is unit 130?

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

What is unit 130 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 130, Ritaj E

Starts from the last sale price (AED 575K, 26 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 575,000
Deposit, UAE resident (20%)
AED 115,000
Deposit, non-resident (40%)
AED 230,000
Monthly over 25 years at 3.7%
AED 2,353

Plus AED 29,160 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →