3-bed · 2,607 sqftRitaj G, Dubai Investment Park Second · Ground floor

G08, Ritaj G

Sold prices and rental history: sold 3 times, last in October 2015, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G08 · DLD and Ejari recordsUpdated 10 March 2017
Last soldAED 1.95M27 October 2015
Current rentAED 130K /yr10 March 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G08, Ritaj G

What is G08 worth today?

Last sold for AED 1,950,000 in 2015

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10 Mar 2017RentedRenewal
AED 130,000/yr12 months · AED 50 per sqft
10 Mar 2016RentedNew contract
AED 135,000/yr12 months · AED 52 per sqft
27 Oct 2015SoldReady
AED 1,950,000AED 748 per sqft
2 Mar 2014SoldReady
AED 1,600,000AED 613 per sqft
30 Jan 2012Sold by developerReady
AED 1,300,000AED 498 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 March 2017.

Key facts

Type
3-bed apartment
Size
2,607 sqft
Floor
Ground of 5
Parking
G-32& G-33
Service charge
AED 42,300 /yr
Last sold
AED 1.95M · October 2015
Building
Ritaj G

About G08, Ritaj G

G08 is a three-bedroom apartment of 2,607 sqft on the ground floor of Ritaj G, a 5-storey tower in Dubai Investment Park Second. It last sold on 27 October 2015 for AED 1,950,000, or AED 748 per sqft.

It has been rented since 2016 on 2 Ejari contracts. The current contract, renewed on 10 March 2017, is AED 130,000 a year: a gross yield of 6.7% on the 2015 price, before the service charge of about AED 42,300 a year.

Sales and rents for G08 over time

Sales
Unit G08, each saleTypical three-bed in Ritaj G
1M2M2012201620202024Typical 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, January 2012: AED 1,300,000 (AED 498 per sqft)Sold, March 2014: AED 1,600,000 (AED 613 per sqft)Sold, October 2015: AED 1,950,000 (AED 748 per sqft)

G08 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit G08, 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, March 2016: AED 135,000 a yearRenewal, March 2017: AED 130,000 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 G08 sits

All 18 3-beds →

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 ground floor

All 66 units in Ritaj G
Value
G021-bedAED 606K · Jun 2025
G032-bedAED 610K · Aug 2022
G042-bedAED 630K · Jul 2023
G051-bedAED 800K · May 2014
G062-bedAED 940K · Jan 2012
G073-bedAED 1.55M · Jul 2025

G08, Ritaj G in numbers

  • Sold 3 times: first on 30 January 2012 for AED 1,300,000, last on 27 October 2015 for AED 1,950,000 (AED 748 per sqft).
  • Rented since March 2016 on 2 Ejari contracts, from AED 135,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2015 price is 6.7%, 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 10 March 2017.

Questions about G08, Ritaj G

What did unit G08 last sell for?

AED 1,950,000 on 27 October 2015: AED 748 per sqft for 2,607 sqft. The unit has 3 registered sales; the first was AED 1,300,000 in January 2012.

What is the rent for unit G08?

AED 130,000 a year on the contract renewed on 10 March 2017. The previous contract, from March 2016, was AED 135,000.

How big is unit G08?

2,607 sqft (242.2 sqm): a three-bedroom apartment on the ground floor of a 5-storey tower.

What is unit G08 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 G08, Ritaj G

Starts from the last sale price (AED 1.95M, 27 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

Plus AED 86,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →