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2-bed · 1,543 sqftRitaj E, Dubai Investment Park Second · 5th floor

524, Ritaj E

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 524 · DLD and Ejari recordsUpdated 15 April 2025
Last soldAED 750K5 April 2024
Current rentAED 90K /yr15 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 524, Ritaj E

What is 524 worth today?

Last sold for AED 750,000 in 2024

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15 Apr 2025RentedRenewal
AED 90,000/yr12 months · AED 58 per sqft
15 Apr 2024RentedNew contract
AED 80,000/yr12 months · AED 52 per sqft
5 Apr 2024SoldReady
AED 750,000AED 485 per sqft
3 Jan 2022RentedRenewal
AED 57,500/yr12 months · AED 37 per sqft
3 Jan 2021RentedRenewal
AED 51,000/yr12 months · AED 33 per sqft
3 Jan 2020RentedNew contract
AED 58,000/yr12 months · AED 38 per sqft
15 Feb 2019RentedNew contract
AED 67,000/yr12 months · AED 44 per sqft
15 Apr 2018RentedRenewal
AED 79,468/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 15 April 2025.

Key facts

Type
2-bed apartment
Size
1,543 sqft
Floor
5th of 5
Parking
Building 15-2B-14
Service charge
AED 19,700 /yr
Last sold
AED 750K · April 2024
Building
Ritaj E

About 524, Ritaj E

524 is a two-bedroom apartment of 1,543 sqft on the 5th floor of Ritaj E, a 5-storey tower in Dubai Investment Park Second. It last sold on 5 April 2024 for AED 750,000, or AED 485 per sqft, 12% above the AED 434 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 15 April 2025, is AED 90,000 a year: a gross yield of 12.0% on the 2024 price, before the service charge of about AED 19,700 a year.

Sales and rents for 524 over time

Sales
Unit 524, 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, October 2013: AED 890,000 (AED 577 per sqft)Sold, April 2024: AED 750,000 (AED 485 per sqft)

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

Rents
Unit 524, 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, April 2015: AED 100,000 a yearNew contract, April 2016: AED 100,000 a yearRenewal, April 2017: AED 92,500 a yearRenewal, April 2018: AED 79,468 a yearNew contract, February 2019: AED 67,000 a yearNew contract, January 2020: AED 58,000 a yearRenewal, January 2021: AED 51,000 a yearRenewal, January 2022: AED 57,500 a yearNew contract, April 2024: AED 80,000 a yearRenewal, April 2025: AED 90,000 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 524 sits

All 63 2-beds →

524 last sold in April 2024 at AED 485 per sqft, 12% above what two-beds in Ritaj E were fetching at the time (AED 434). 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. 524's AED 90,000 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 5th floor

All 139 units in Ritaj E
Value
502AED 940K · Oct 2025
5042-bedAED 700K · May 2024
5052-bedAED 680K · Aug 2019
5062-bedAED 620K · May 2023
5071-bedAED 650K · Aug 2015
5081-bedAED 800K · Mar 2015
5122-bedAED 975K · Mar 2014
1–7 of 21

524, Ritaj E in numbers

  • Sold twice: first on 3 October 2013 for AED 890,000, last on 5 April 2024 for AED 750,000 (AED 485 per sqft).
  • Rented since April 2015 on 10 Ejari contracts. The rent fell from AED 100,000 to AED 51,000 in 2021 and recovered to AED 90,000 by April 2025.
  • At AED 90,000 a year the gross yield on the 2024 price is 12.0%, 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 15 April 2025.

Questions about 524, Ritaj E

What did unit 524 last sell for?

AED 750,000 on 5 April 2024: AED 485 per sqft for 1,543 sqft. The unit has 2 registered sales; the first was AED 890,000 in October 2013.

What is the rent for unit 524?

AED 90,000 a year on the contract renewed on 15 April 2025. The previous contract, from April 2024, was AED 80,000; the unit has been rented since April 2015.

How big is unit 524?

1,543 sqft (143.3 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 524 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 524, Ritaj E

Starts from the last sale price (AED 750K, 5 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

Plus AED 36,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →