506, Ritaj G
Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Ritaj G
What is 506 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 13 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,557 sqft
- Floor
- 5th of 5
- Parking
- 7-G-59
- Service charge
- AED 25,200 /yr
- Last sold
- AED 700K · February 2024
- Building
- Ritaj G
About 506, Ritaj G
506 is a two-bedroom apartment of 1,557 sqft on the 5th floor of Ritaj G, a 5-storey tower in Dubai Investment Park Second. It last sold on 13 February 2024 for AED 700,000, or AED 449 per sqft, in line with the AED 449 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 25 October 2022, is AED 53,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 25,200 a year.
Sales and rents for 506 over time
506 has sold twice; the dashed line is the two-bed median of each year in the building.
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 506 sits
All 27 2-beds →506 last sold in February 2024 at AED 449 per sqft, in line with what two-beds in Ritaj G were fetching at the time (AED 449). 506's AED 53,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jul 202514 July 2025 | 1,555 sqft | 950,000 | 611 | ||
| 3 Jul 20253 July 2025 | 1,554 sqft | 890,000 | 572 | ||
| 3 Jul 20253 July 2025 | 2,047 sqft | 940,000 | 459 | ||
| 19 Jun 202519 June 2025 | 1,554 sqft | 905,000 | 582 |
Ritaj G
Building66 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%
Other units on the 5th floor
All 66 units in Ritaj G| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,552 sqft | AED 893KAED 893,000 · Apr 2013April 2013 | 75,000 /yr | |
| 503 | 2-bed | 1,558 sqft | AED 893KAED 893,000 · Apr 2013April 2013 | 70,000 /yr | |
| 504 | 2-bed | 1,559 sqft | AED 780KAED 780,000 · Jun 2019June 2019 | 90,000 /yr | |
| 505 | 1-bed | 830 sqft | AED 530KAED 530,000 · Jun 2019June 2019 | 55,000 /yr | |
| 507 | 1-bed | 831 sqft | AED 380KAED 380,000 · Apr 2023April 2023 | 40,000 /yr | |
| 508 | 2-bed | 1,550 sqft | AED 918KAED 918,000 · Jun 2025June 2025 | 61,031 /yr | |
| 509 | 3-bed | 2,608 sqft | AED 1.15MAED 1,147,500 · Dec 2023December 2023 | 87,400 /yr | |
| 510 | 1-bed | 834 sqft | AED 720KAED 720,000 · Mar 2014March 2014 | 52,500 /yr | |
| 511 | 3-bed | 2,612 sqft | AED 1.3MAED 1,300,000 · Apr 2013April 2013 | 130,000 /yr | |
| 512 | 2,661 sqft | AED 1.5MAED 1,496,217 · Aug 2025August 2025 | 150,000 /yr |
506, Ritaj G in numbers
- Sold twice: first on 20 February 2012 for AED 868,560, last on 13 February 2024 for AED 700,000 (AED 449 per sqft).
- Rented since May 2016 on 6 Ejari contracts, from AED 90,000 to AED 53,000 a year.
- At AED 53,000 a year the gross yield on the 2024 price is 7.6%, 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 13 February 2024.
Questions about 506, Ritaj G
What did unit 506 last sell for?
AED 700,000 on 13 February 2024: AED 449 per sqft for 1,557 sqft. The unit has 2 registered sales; the first was AED 868,560 in February 2012.
What is the rent for unit 506?
AED 53,000 a year on the contract renewed on 25 October 2022. The previous contract, from October 2021, was AED 50,000; the unit has been rented since May 2016.
How big is unit 506?
1,557 sqft (144.7 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower.
What is unit 506 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 506, Ritaj G
Starts from the last sale price (AED 700K, 13 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus AED 34,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →