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2-bed · 1,558 sqftRitaj G, Dubai Investment Park Second · 5th floor

503, Ritaj G

Sold prices and rental history: sold once, by the developer in April 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 5 November 2023
Last soldAED 893K22 April 2013
Current rentAED 70K /yr5 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Ritaj G

What is 503 worth today?

Last sold for AED 893,000 in 2013

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5 Nov 2023RentedRenewal
AED 70,000/yr12 months · AED 45 per sqft
5 Nov 2022RentedNew contract
AED 60,000/yr12 months · AED 38 per sqft
15 Sep 2020RentedRenewal
AED 55,000/yr12 months · AED 35 per sqft
15 Sep 2019RentedNew contract
AED 62,000/yr12 months · AED 40 per sqft
10 Aug 2018RentedRenewal
AED 80,000/yr12 months · AED 51 per sqft
10 Aug 2017RentedRenewal
AED 87,500/yr12 months · AED 56 per sqft
10 Aug 2016RentedNew contract
AED 95,000/yr12 months · AED 61 per sqft
20 Jun 2014RentedNew contract
AED 90,000/yr12 months · AED 58 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 November 2023.

Key facts

Type
2-bed apartment
Size
1,558 sqft
Floor
5th of 5
Parking
7-G-56
Service charge
AED 25,300 /yr
Last sold
AED 893K · April 2013
Building
Ritaj G

About 503, Ritaj G

503 is a two-bedroom apartment of 1,558 sqft on the 5th floor of Ritaj G, a 5-storey tower in Dubai Investment Park Second. The developer sold it on 22 April 2013 for AED 893,000, or AED 573 per sqft, in line with the AED 588 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 5 November 2023, is AED 70,000 a year: a gross yield of 7.8% on the 2013 price, before the service charge of about AED 25,300 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, April 2013: AED 893,000 (AED 573 per sqft)

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

Rents
Unit 503, each contractTypical two-bed in Ritaj G
60K80K100K2013201720212025Typical 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, June 2013: AED 85,000 a yearNew contract, June 2014: AED 90,000 a yearNew contract, August 2016: AED 95,000 a yearRenewal, August 2017: AED 87,500 a yearRenewal, August 2018: AED 80,000 a yearNew contract, September 2019: AED 62,000 a yearRenewal, September 2020: AED 55,000 a yearNew contract, November 2022: AED 60,000 a yearRenewal, November 2023: AED 70,000 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 G, and where 503 sits

All 27 2-beds →

503 last sold in April 2013 at AED 573 per sqft, in line with what two-beds in Ritaj G were fetching at the time (AED 588). 503's AED 70,000 is in the lower half 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 5th floor

All 66 units in Ritaj G
Value
5012-bedAED 893K · Apr 2013
5042-bedAED 780K · Jun 2019
5051-bedAED 530K · Jun 2019
5062-bedAED 700K · Feb 2024
5071-bedAED 380K · Apr 2023
5082-bedAED 918K · Jun 2025
5093-bedAED 1.15M · Dec 2023
1–7 of 10

503, Ritaj G in numbers

  • Sold once: by the developer on 22 April 2013 for AED 893,000, or AED 573 per sqft.
  • Rented since June 2013 on 9 Ejari contracts. The rent fell from AED 85,000 to AED 55,000 in 2020 and recovered to AED 70,000 by November 2023.
  • At AED 70,000 a year the gross yield on the 2013 price is 7.8%, before a service charge of about AED 25,300 a year (AED 16.21 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 5 November 2023.

Questions about 503, Ritaj G

What did unit 503 last sell for?

AED 893,000 on 22 April 2013, sold by the developer: AED 573 per sqft for 1,558 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 70,000 a year on the contract renewed on 5 November 2023. The previous contract, from November 2022, was AED 60,000; the unit has been rented since June 2013.

How big is unit 503?

1,558 sqft (144.7 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 503 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 503, Ritaj G

Starts from the last sale price (AED 893K, 22 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 893,000
Deposit, UAE resident (20%)
AED 178,600
Deposit, non-resident (40%)
AED 357,200
Monthly over 25 years at 3.7%
AED 3,654

Plus AED 42,516 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →