505, Ritaj E
Sold prices and rental history: sold twice, last in August 2019, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Ritaj E
What is 505 worth today?
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Source: Dubai Land Department. Updated 20 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,542 sqft
- Floor
- 5th of 5
- Parking
- Building 15-2A-19
- Service charge
- AED 19,700 /yr
- Last sold
- AED 680K · August 2019
- Building
- Ritaj E
About 505, Ritaj E
505 is a two-bedroom apartment of 1,542 sqft on the 5th floor of Ritaj E, a 5-storey tower in Dubai Investment Park Second. It last sold on 4 August 2019 for AED 680,000, or AED 440 per sqft.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 20 July 2024, is AED 65,340 a year: a gross yield of 9.6% on the 2019 price, before the service charge of about AED 19,700 a year.
Sales and rents for 505 over time
505 has sold twice; the dashed line is the two-bed median of each year in the building.
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 505 sits
All 63 2-beds →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. 505's AED 65,340 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202610 February 2026 | 1,549 sqft | 990,000 | 639 | ||
| 13 Jan 202613 January 2026 | 1,540 sqft | 900,000 | 584 | ||
| 22 Dec 202522 December 2025 | 1,553 sqft | 860,000 | 553 | ||
| 6 Mar 20256 March 2025 | 1,540 sqft | 750,000 | 487 |
Ritaj E
Building139 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%
Other units on the 5th floor
All 139 units in Ritaj E| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1,549 sqft | AED 940KAED 940,000 · Oct 2025October 2025 | 72,170 /yr | ||
| 504 | 2-bed | 1,542 sqft | AED 700KAED 700,000 · May 2024May 2024 | 88,000 /yr | |
| 506 | 2-bed | 1,540 sqft | AED 620KAED 620,000 · May 2023May 2023 | 57,000 /yr | |
| 507 | 1-bed | 831 sqft | AED 650KAED 650,000 · Aug 2015August 2015 | 60,000 /yr | |
| 508 | 1-bed | 860 sqft | AED 800KAED 800,000 · Mar 2015March 2015 | 50,000 /yr | |
| 512 | 2-bed | 1,542 sqft | AED 975KAED 975,000 · Mar 2014March 2014 | ||
| 514 | 2-bed | 1,538 sqft | AED 875KAED 875,000 · Oct 2013October 2013 | 78,000 /yr | |
| 515 | 2-bed | 1,539 sqft | AED 640KAED 640,000 · Jul 2022July 2022 | 95,000 /yr | |
| 518 | 2-bed | 1,544 sqft | AED 1.27MAED 1,270,000 · May 2014May 2014 | ||
| 519 | 1-bed | 836 sqft | AED 780KAED 780,000 · May 2015May 2015 | 60,000 /yr | |
| 520 | 1-bed | 831 sqft | AED 650KAED 650,000 · Feb 2014February 2014 | 56,000 /yr | |
| 521 | 1-bed | 831 sqft | AED 355KAED 355,000 · Dec 2021December 2021 | 55,000 /yr | |
| 522 | 1-bed | 860 sqft | AED 800KAED 800,000 · Aug 2014August 2014 | 38,720 /yr | |
| 523 | 1-bed | 827 sqft | AED 700KAED 700,000 · Mar 2014March 2014 | 39,000 /yr | |
| 524 | 2-bed | 1,543 sqft | AED 750KAED 750,000 · Apr 2024April 2024 | 90,000 /yr | |
| 525 | 2-bed | 1,546 sqft | AED 875KAED 875,000 · Oct 2013October 2013 | 85,000 /yr | |
| 526 | 1-bed | 833 sqft | AED 650KAED 650,000 · Feb 2014February 2014 | 50,000 /yr | |
| 527 | 1-bed | 824 sqft | AED 660KAED 660,000 · Mar 2017March 2017 | 64,000 /yr | |
| 528 | 1-bed | 818 sqft | AED 412KAED 412,391 · Jul 2024July 2024 | 45,000 /yr | |
| 529 | 2-bed | 1,542 sqft | AED 940KAED 940,000 · Jan 2014January 2014 | 80,000 /yr | |
| 530 | 2-bed | 1,542 sqft | AED 640KAED 640,000 · Aug 2022August 2022 | 50,000 /yr |
505, Ritaj E in numbers
- Sold twice: first on 23 January 2014 for AED 975,000, last on 4 August 2019 for AED 680,000 (AED 440 per sqft).
- Rented since August 2016 on 6 Ejari contracts. The rent fell from AED 100,000 to AED 54,000 in 2021 and recovered to AED 65,340 by July 2024.
- At AED 65,340 a year the gross yield on the 2019 price is 9.6%, before a service charge of about AED 19,700 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 20 July 2024.
Questions about 505, Ritaj E
What did unit 505 last sell for?
AED 680,000 on 4 August 2019: AED 440 per sqft for 1,542 sqft. The unit has 2 registered sales; the first was AED 975,000 in January 2014.
What is the rent for unit 505?
AED 65,340 a year on the contract renewed on 20 July 2024. The previous contract, from July 2023, was AED 59,400; the unit has been rented since August 2016.
How big is unit 505?
1,542 sqft (143.3 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower.
What is unit 505 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 505, Ritaj E
Starts from the last sale price (AED 680K, 4 August 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 680,000
- Deposit, UAE resident (20%)
- AED 136,000
- Deposit, non-resident (40%)
- AED 272,000
- Monthly over 25 years at 3.7%
- AED 2,782
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →