508, Ritaj E
Sold prices and rental history: sold once, by the developer in March 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Ritaj E
What is 508 worth today?
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Source: Dubai Land Department. Updated 18 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 860 sqft
- Floor
- 5th of 5
- Parking
- Building 15-2A-22
- Service charge
- AED 11,000 /yr
- Last sold
- AED 800K · March 2015
- Building
- Ritaj E
About 508, Ritaj E
508 is a one-bedroom apartment of 860 sqft on the 5th floor of Ritaj E, a 5-storey tower in Dubai Investment Park Second. The developer sold it on 24 March 2015 for AED 800,000, or AED 930 per sqft, 8% above the AED 860 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 18 February 2025, is AED 50,000 a year: a gross yield of 6.3% on the 2015 price, before the service charge of about AED 11,000 a year.
Sales and rents for 508 over time
508 has sold once; the dashed line is the one-bed median of each year in the building.
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 508 sits
All 66 1-beds →508 last sold in March 2015 at AED 930 per sqft, 8% above what one-beds in Ritaj E were fetching at the time (AED 860). 508's AED 50,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jul 202522 July 2025 | 831 sqft | 653,083 | 786 | ||
| 22 Jul 202522 July 2025 | 830 sqft | 577,010 | 695 | ||
| 10 Jul 202510 July 2025 | 831 sqft | 581,609 | 700 | ||
| 9 Jul 20259 July 2025 | 829 sqft | 579,873 | 699 |
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 | |
| 505 | 2-bed | 1,542 sqft | AED 680KAED 680,000 · Aug 2019August 2019 | 65,340 /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 | |
| 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 |
508, Ritaj E in numbers
- Sold once: by the developer on 24 March 2015 for AED 800,000, or AED 930 per sqft.
- Rented since August 2013 on 4 Ejari contracts. The rent fell from AED 46,154 to AED 30,000 in 2021 and recovered to AED 50,000 by February 2025.
- At AED 50,000 a year the gross yield on the 2015 price is 6.3%, before a service charge of about AED 11,000 a year (AED 12.75 per sqft).
Source: Dubai Land Department. Updated 18 February 2025.
Questions about 508, Ritaj E
What did unit 508 last sell for?
AED 800,000 on 24 March 2015, sold by the developer: AED 930 per sqft for 860 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 50,000 a year on the contract renewed on 18 February 2025. The previous contract, from February 2024, was AED 41,800; the unit has been rented since August 2013.
How big is unit 508?
860 sqft (79.9 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower.
What is unit 508 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 508, Ritaj E
Starts from the last sale price (AED 800K, 24 March 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →