3-bed · 2,608 sqftRitaj G, Dubai Investment Park Second · 5th floor

509, Ritaj G

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 21 December 2023
Last soldAED 1.15M21 December 2023
Current rentAED 87K /yr15 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Ritaj G

What is 509 worth today?

Last sold for AED 1,147,500 in 2023

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21 Dec 2023SoldReady
AED 1,147,500AED 439 per sqft
15 Jun 2022RentedRenewal
AED 87,400/yr12 months · AED 34 per sqft
15 Jun 2021RentedRenewal
AED 76,000/yr12 months · AED 29 per sqft
15 Jun 2020RentedRenewal
AED 80,000/yr12 months · AED 31 per sqft
15 Jun 2019RentedRenewal
AED 95,000/yr12 months · AED 36 per sqft
15 Jun 2018RentedRenewal
AED 110,000/yr12 months · AED 42 per sqft
15 Apr 2016RentedNew contract
AED 122,000/yr12 months · AED 47 per sqft
15 Apr 2015RentedNew contract
AED 120,000/yr12 months · AED 46 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 December 2023.

Key facts

Type
3-bed apartment
Size
2,608 sqft
Floor
5th of 5
Parking
7-G-62& 7-G-63
Service charge
AED 42,300 /yr
Last sold
AED 1.15M · December 2023
Building
Ritaj G

About 509, Ritaj G

509 is a three-bedroom apartment of 2,608 sqft on the 5th floor of Ritaj G, a 5-storey tower in Dubai Investment Park Second. It last sold on 21 December 2023 for AED 1,147,500, or AED 439 per sqft, in line with the AED 439 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 15 June 2022, is AED 87,400 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 42,300 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical three-bed in Ritaj G
500K1M1.5M2012201620202024Typical sale price by year: 2012 AED 1,300,000; 2013 AED 650,000; 2014 AED 1,550,000; 2017 AED 1,300,000; 2023 AED 1,175,000; 2024 AED 1,234,654Sold by developer, July 2013: AED 650,000 (AED 249 per sqft)Sold, December 2023: AED 1,147,500 (AED 439 per sqft)

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

Rents
Unit 509, each contractTypical three-bed in Ritaj G
100K150K2013201720212025Typical rent by year: 2013 AED 122,500; 2014 AED 140,000; 2015 AED 140,000; 2016 AED 139,612; 2017 AED 130,000; 2018 AED 115,000; 2019 AED 97,500; 2020 AED 84,000; 2021 AED 80,000; 2022 AED 88,700; 2023 AED 98,000; 2024 AED 115,000; 2025 AED 126,500New contract, April 2015: AED 120,000 a yearNew contract, April 2016: AED 122,000 a yearRenewal, June 2018: AED 110,000 a yearRenewal, June 2019: AED 95,000 a yearRenewal, June 2020: AED 80,000 a yearRenewal, June 2021: AED 76,000 a yearRenewal, June 2022: AED 87,400 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Ritaj G, and where 509 sits

All 18 3-beds →

509 last sold in December 2023 at AED 439 per sqft, in line with what three-beds in Ritaj G were fetching at the time (AED 439). Over the last 12 months three-beds sold for AED 1,780,000, around AED 523 per sqft, and rent for AED 136,000 to 145,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
28 Jan 20261,780,000
15 Jul 20251,550,000
20 Mar 20251,800,000
23 Jul 20241,236,239
1 3-bed sale 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
5032-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
1–7 of 10

509, Ritaj G in numbers

  • Sold twice: first on 17 July 2013 for AED 650,000, last on 21 December 2023 for AED 1,147,500 (AED 439 per sqft).
  • Rented since April 2015 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 76,000 in 2021 and recovered to AED 87,400 by June 2022.
  • At AED 87,400 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 42,300 a year (AED 16.21 per sqft).
  • Three-beds in Ritaj G sold for AED 1,780,000–1,780,000 in the 12 months to November 2026; the building's median across all types is AED 523 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 21 December 2023.

Questions about 509, Ritaj G

What did unit 509 last sell for?

AED 1,147,500 on 21 December 2023: AED 439 per sqft for 2,608 sqft. The unit has 2 registered sales; the first was AED 650,000 in July 2013.

What is the rent for unit 509?

AED 87,400 a year on the contract renewed on 15 June 2022. The previous contract, from June 2021, was AED 76,000; the unit has been rented since April 2015.

How big is unit 509?

2,608 sqft (242.3 sqm): a three-bedroom apartment on the 5th floor of a 5-storey tower.

What is unit 509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Ritaj G sold for AED 1,780,000 to 1,780,000 in the last 12 months, around AED 523 per sqft.

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Mortgage on 509, Ritaj G

Starts from the last sale price (AED 1.15M, 21 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,147,500
Deposit, UAE resident (20%)
AED 229,500
Deposit, non-resident (40%)
AED 459,000
Monthly over 25 years at 3.7%
AED 4,695

Plus AED 53,205 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →