1-bed · 831 sqftRitaj E, Dubai Investment Park Second · 4th floor

407, Ritaj E

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

Unit 407 · DLD and Ejari recordsUpdated 27 December 2022
Last soldAED 700K19 March 2014
Current rentAED 35K /yr27 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Ritaj E

What is 407 worth today?

Last sold for AED 700,000 in 2014

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27 Dec 2022RentedNew contract
AED 35,000/yr12 months · AED 42 per sqft
10 Apr 2021RentedRenewal
AED 32,000/yr12 months · AED 39 per sqft
10 Apr 2020RentedNew contract
AED 40,000/yr12 months · AED 48 per sqft
10 Apr 2019RentedRenewal
AED 52,000/yr12 months · AED 63 per sqft
10 Apr 2018RentedNew contract
AED 52,000/yr12 months · AED 63 per sqft
1 Oct 2016RentedNew contract
AED 65,000/yr12 months · AED 78 per sqft
22 Mar 2015RentedNew contract
AED 65,000/yr12 months · AED 78 per sqft
19 Mar 2014Sold by developerReady
AED 700,000AED 842 per sqft

Source: Dubai Land Department. Updated 27 December 2022.

Key facts

Type
1-bed apartment
Size
831 sqft
Floor
4th of 5
Parking
Building 15-1B-15
Service charge
AED 10,600 /yr
Last sold
AED 700K · March 2014
Building
Ritaj E

About 407, Ritaj E

407 is a one-bedroom apartment of 831 sqft on the 4th floor of Ritaj E, a 5-storey tower in Dubai Investment Park Second. The developer sold it on 19 March 2014 for AED 700,000, or AED 842 per sqft, 7% above the AED 784 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 27 December 2022, is AED 35,000 a year: a gross yield of 5.0% on the 2014 price, before the service charge of about AED 10,600 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, March 2014: AED 700,000 (AED 842 per sqft)

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

Rents
Unit 407, 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 57,000 a yearNew contract, March 2015: AED 65,000 a yearNew contract, October 2016: AED 65,000 a yearNew contract, April 2018: AED 52,000 a yearRenewal, April 2019: AED 52,000 a yearNew contract, April 2020: AED 40,000 a yearRenewal, April 2021: AED 32,000 a yearNew contract, December 2022: AED 35,000 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 407 sits

All 66 1-beds →

407 last sold in March 2014 at AED 842 per sqft, 7% above what one-beds in Ritaj E were fetching at the time (AED 784). 407's AED 35,000 is at the bottom 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 4th floor

All 139 units in Ritaj E
Value
4011-bedAED 685K · Jan 2014
4022-bedAED 890K · Dec 2013
4031-bedAED 700K · Mar 2014
4042-bedAED 815K · Jun 2018
4052-bedAED 940K · Dec 2013
4062-bedAED 650K · Apr 2021
4081-bedAED 615K · Mar 2017
1–7 of 24

407, Ritaj E in numbers

  • Sold once: by the developer on 19 March 2014 for AED 700,000, or AED 842 per sqft.
  • Rented since March 2014 on 8 Ejari contracts, from AED 57,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2014 price is 5.0%, before a service charge of about AED 10,600 a year (AED 12.75 per sqft).

Source: Dubai Land Department. Updated 27 December 2022.

Questions about 407, Ritaj E

What did unit 407 last sell for?

AED 700,000 on 19 March 2014, sold by the developer: AED 842 per sqft for 831 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 35,000 a year on the contract signed on 27 December 2022. The previous contract, from April 2021, was AED 32,000; the unit has been rented since March 2014.

How big is unit 407?

831 sqft (77.2 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 407 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 407, Ritaj E

Starts from the last sale price (AED 700K, 19 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

Plus AED 34,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →