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1-bed · 830 sqftRitaj G, Dubai Investment Park Second · 4th floor

407, Ritaj G

Sold prices and rental history: sold once, by the developer in February 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 590K2 February 2014
Current rentAED 39K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Ritaj G

What is 407 worth today?

Last sold for AED 590,400 in 2014

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1 Nov 2024RentedRenewal
AED 39,160/yr12 months · AED 47 per sqft
1 Nov 2023RentedRenewal
AED 35,650/yr12 months · AED 43 per sqft
1 Oct 2022RentedRenewal
AED 28,615/yr13 months · AED 35 per sqft
1 Aug 2021RentedRenewal
AED 26,571/yr14 months · AED 32 per sqft
1 Aug 2020RentedNew contract
AED 31,000/yr12 months · AED 37 per sqft
3 Jul 2018RentedNew contract
AED 46,000/yr12 months · AED 55 per sqft
24 Jan 2017RentedNew contract
AED 72,000/yr12 months · AED 87 per sqft
24 Jan 2015RentedNew contract
AED 65,000/yr12 months · AED 78 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2024.

Key facts

Type
1-bed apartment
Size
830 sqft
Floor
4th of 5
Parking
7-G-45
Service charge
AED 13,500 /yr
Last sold
AED 590K · February 2014
Building
Ritaj G

About 407, Ritaj G

407 is a one-bedroom apartment of 830 sqft on the 4th floor of Ritaj G, a 5-storey tower in Dubai Investment Park Second. The developer sold it on 2 February 2014 for AED 590,400, or AED 710 per sqft, 7% below the AED 767 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 39,160 a year: a gross yield of 6.6% on the 2014 price, before the service charge of about AED 13,500 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in Ritaj G
600K700K2012201620202024Typical sale price by year: 2012 AED 702,000; 2013 AED 684,000; 2014 AED 702,000; 2025 AED 579,873Sold by developer, February 2014: AED 590,400 (AED 710 per sqft)

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

Rents
Unit 407, each contractTypical one-bed in Ritaj G
25K50K75K2013201720212025Typical rent by year: 2013 AED 45,000; 2014 AED 65,000; 2015 AED 60,000; 2016 AED 61,500; 2017 AED 59,000; 2018 AED 51,000; 2019 AED 47,000; 2020 AED 36,923; 2021 AED 30,462; 2022 AED 33,000; 2023 AED 37,000; 2024 AED 52,418; 2025 AED 47,500New contract, January 2014: AED 65,000 a yearNew contract, January 2015: AED 65,000 a yearNew contract, January 2017: AED 72,000 a yearNew contract, July 2018: AED 46,000 a yearNew contract, August 2020: AED 31,000 a yearRenewal, August 2021: AED 26,571 a yearRenewal, October 2022: AED 28,615 a yearRenewal, November 2023: AED 35,650 a yearRenewal, November 2024: AED 39,160 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 G, and where 407 sits

All 16 1-beds →

407 last sold in February 2014 at AED 710 per sqft, 7% below what one-beds in Ritaj G were fetching at the time (AED 767). 407's AED 39,160 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Jun 2025579,873
2 Jun 2025606,127
30 May 2025636,898
22 Apr 2025571,208
0 1-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
4062-bedAED 825K · Oct 2024
4082-bedAED 930K · Jun 2025
1–7 of 11

407, Ritaj G in numbers

  • Sold once: by the developer on 2 February 2014 for AED 590,400, or AED 710 per sqft.
  • Rented since January 2014 on 9 Ejari contracts. The rent fell from AED 65,000 to AED 26,571 in 2021 and recovered to AED 39,160 by November 2024.
  • At AED 39,160 a year the gross yield on the 2014 price is 6.6%, before a service charge of about AED 13,500 a year (AED 16.21 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2024.

Questions about 407, Ritaj G

What did unit 407 last sell for?

AED 590,400 on 2 February 2014, sold by the developer: AED 710 per sqft for 830 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 39,160 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 35,650; the unit has been rented since January 2014.

How big is unit 407?

830 sqft (77.1 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 407 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 407, Ritaj G

Starts from the last sale price (AED 590K, 2 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 590,400
Deposit, UAE resident (20%)
AED 118,080
Deposit, non-resident (40%)
AED 236,160
Monthly over 25 years at 3.7%
AED 2,416

Plus AED 29,807 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →