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1-bed · 860 sqftRitaj E, Dubai Investment Park Second · 4th floor

408, Ritaj E

Sold prices and rental history: sold twice, last in March 2017, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 20 April 2025
Last soldAED 615K1 March 2017
Current rentAED 40K /yr20 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 408, Ritaj E

What is 408 worth today?

Last sold for AED 615,000 in 2017

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20 Apr 2025RentedRenewal
AED 40,000/yr12 months · AED 47 per sqft
20 Apr 2024RentedRenewal
AED 40,000/yr12 months · AED 46 per sqft
20 Apr 2023RentedRenewal
AED 33,500/yr12 months · AED 39 per sqft
20 Apr 2019RentedRenewal
AED 48,000/yr12 months · AED 56 per sqft
20 Apr 2018RentedRenewal
AED 56,000/yr12 months · AED 65 per sqft
1 Mar 2017SoldReady
AED 615,000AED 715 per sqft
1 Jul 2016RentedNew contract
AED 55,000/yr12 months · AED 64 per sqft
2 Oct 2013Sold by developerReady
AED 625,000AED 726 per sqft

Source: Dubai Land Department. Updated 20 April 2025.

Key facts

Type
1-bed apartment
Size
860 sqft
Floor
4th of 5
Parking
Building 15-1B-16
Service charge
AED 11,000 /yr
Last sold
AED 615K · March 2017
Building
Ritaj E

About 408, Ritaj E

408 is a one-bedroom apartment of 860 sqft on the 4th floor of Ritaj E, a 5-storey tower in Dubai Investment Park Second. It last sold on 1 March 2017 for AED 615,000, or AED 715 per sqft, 6% below the AED 760 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 20 April 2025, is AED 40,000 a year: a gross yield of 6.5% on the 2017 price, before the service charge of about AED 11,000 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Ritaj E
400K600K800K2013201720212025Typical 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, October 2013: AED 625,000 (AED 726 per sqft)Sold, March 2017: AED 615,000 (AED 715 per sqft)

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

Rents
Unit 408, 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, July 2016: AED 55,000 a yearRenewal, April 2018: AED 56,000 a yearRenewal, April 2019: AED 48,000 a yearRenewal, April 2023: AED 33,500 a yearRenewal, April 2024: AED 40,000 a yearRenewal, April 2025: AED 40,000 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 408 sits

All 66 1-beds →

408 last sold in March 2017 at AED 715 per sqft, 6% below what one-beds in Ritaj E were fetching at the time (AED 760). 408's AED 40,000 is in the lower 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 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
4071-bedAED 700K · Mar 2014
1–7 of 24

408, Ritaj E in numbers

  • Sold twice: first on 2 October 2013 for AED 625,000, last on 1 March 2017 for AED 615,000 (AED 715 per sqft).
  • Rented since July 2016 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 33,500 in 2023 and recovered to AED 40,000 by April 2025.
  • At AED 40,000 a year the gross yield on the 2017 price is 6.5%, before a service charge of about AED 11,000 a year (AED 12.75 per sqft).

Source: Dubai Land Department. Updated 20 April 2025.

Questions about 408, Ritaj E

What did unit 408 last sell for?

AED 615,000 on 1 March 2017: AED 715 per sqft for 860 sqft. The unit has 2 registered sales; the first was AED 625,000 in October 2013.

What is the rent for unit 408?

AED 40,000 a year on the contract renewed on 20 April 2025. The previous contract, from April 2024, was AED 40,000; the unit has been rented since July 2016.

How big is unit 408?

860 sqft (79.9 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 408 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 408, Ritaj E

Starts from the last sale price (AED 615K, 1 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 615,000
Deposit, UAE resident (20%)
AED 123,000
Deposit, non-resident (40%)
AED 246,000
Monthly over 25 years at 3.7%
AED 2,516

Plus AED 30,840 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →