2-bed · 1,557 sqftRitaj G, Dubai Investment Park Second · 4th floor

406, Ritaj G

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 21 October 2024
Last soldAED 825K21 October 2024
Current rentAED 52K /yr30 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Ritaj G

What is 406 worth today?

Last sold for AED 825,000 in 2024

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21 Oct 2024SoldReady
AED 825,000AED 529 per sqft
30 Apr 2022RentedRenewal
AED 51,750/yr12 months · AED 33 per sqft
30 Apr 2021RentedNew contract
AED 45,000/yr12 months · AED 29 per sqft
30 Mar 2019RentedNew contract
AED 68,000/yr13 months · AED 44 per sqft
1 Nov 2016RentedNew contract
AED 95,000/yr12 months · AED 61 per sqft
1 Sep 2014RentedNew contract
AED 110,000/yr12 months · AED 70 per sqft
15 Jan 2014Sold by developerReady
AED 880,000AED 563 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 October 2024.

Key facts

Type
2-bed apartment
Size
1,557 sqft
Floor
4th of 5
Parking
7-G-44
Service charge
AED 25,200 /yr
Last sold
AED 825K · October 2024
Building
Ritaj G

About 406, Ritaj G

406 is a two-bedroom apartment of 1,557 sqft on the 4th floor of Ritaj G, a 5-storey tower in Dubai Investment Park Second. It last sold on 21 October 2024 for AED 825,000, or AED 529 per sqft, in line with the AED 515 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 30 April 2022, is AED 51,750 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 25,200 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical two-bed in Ritaj G
800K900K2012201620202024Typical sale price by year: 2012 AED 940,000; 2013 AED 893,000; 2014 AED 940,000; 2016 AED 960,000; 2024 AED 801,235; 2025 AED 924,000Sold by developer, January 2014: AED 880,000 (AED 563 per sqft)Sold, October 2024: AED 825,000 (AED 529 per sqft)

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

Rents
Unit 406, each contractTypical two-bed in Ritaj G
50K100K2013201720212025Typical rent by year: 2013 AED 85,000; 2014 AED 95,000; 2015 AED 97,000; 2016 AED 95,000; 2017 AED 90,000; 2018 AED 78,500; 2019 AED 68,000; 2020 AED 58,500; 2021 AED 54,000; 2022 AED 56,501; 2023 AED 63,500; 2024 AED 68,250; 2025 AED 72,500; 2026 AED 75,000New contract, September 2014: AED 110,000 a yearNew contract, November 2016: AED 95,000 a yearNew contract, March 2019: AED 68,000 a yearNew contract, April 2021: AED 45,000 a yearRenewal, April 2022: AED 51,750 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 G, and where 406 sits

All 27 2-beds →

406 last sold in October 2024 at AED 529 per sqft, in line with what two-beds in Ritaj G were fetching at the time (AED 515). 406's AED 51,750 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Jul 2025950,000
3 Jul 2025890,000
3 Jul 2025940,000
19 Jun 2025905,000
0 2-bed sales in the last 12 months

Ritaj G

Building

66 apartments, 1-bed to 3-bed over 5 floors in Dubai Investment Park Second. 1 sold in the last 12 months.

Typical price per sqft
AED 523
Typical sale
AED 1.78M
Typical rent
AED 75K /yr
Typical yield
9.3%
Ritaj G, Dubai Investment Park Second: prices, sales and rents →

Other units on the 4th floor

All 66 units in Ritaj G
Value
4012-bedAED 700K · Mar 2023
4021-bedAED 684K · Aug 2013
4032-bedAED 890K · Jul 2025
4042-bedAED 950K · Jul 2025
4051-bedAED 645K · Oct 2014
4071-bedAED 590K · Feb 2014
4082-bedAED 930K · Jun 2025
1–7 of 11

406, Ritaj G in numbers

  • Sold twice: first on 15 January 2014 for AED 880,000, last on 21 October 2024 for AED 825,000 (AED 529 per sqft).
  • Rented since September 2014 on 5 Ejari contracts. The rent fell from AED 110,000 to AED 45,000 in 2021 and recovered to AED 51,750 by April 2022.
  • At AED 51,750 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 25,200 a year (AED 16.21 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 21 October 2024.

Questions about 406, Ritaj G

What did unit 406 last sell for?

AED 825,000 on 21 October 2024: AED 529 per sqft for 1,557 sqft. The unit has 2 registered sales; the first was AED 880,000 in January 2014.

What is the rent for unit 406?

AED 51,750 a year on the contract renewed on 30 April 2022. The previous contract, from April 2021, was AED 45,000; the unit has been rented since September 2014.

How big is unit 406?

1,557 sqft (144.7 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 406 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 406, Ritaj G

Starts from the last sale price (AED 825K, 21 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 825,000
Deposit, UAE resident (20%)
AED 165,000
Deposit, non-resident (40%)
AED 330,000
Monthly over 25 years at 3.7%
AED 3,375

Plus AED 39,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →