2-bed · 1,558 sqftRitaj H, Dubai Investment Park Second · 1st floor

106, Ritaj H

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

Unit 106 · DLD and Ejari recordsUpdated 21 October 2024
Last soldAED 1.2M3 September 2014
Current rentAED 65K /yr21 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Ritaj H

What is 106 worth today?

Last sold for AED 1,200,000 in 2014

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21 Oct 2024RentedRenewal
AED 65,000/yr12 months · AED 42 per sqft
21 Oct 2023RentedNew contract
AED 65,000/yr12 months · AED 42 per sqft
5 Oct 2022RentedNew contract
AED 54,000/yr12 months · AED 35 per sqft
1 Sep 2018RentedNew contract
AED 90,000/yr36 months · AED 58 per sqft
1 Sep 2015RentedNew contract
AED 105,000/yr12 months · AED 67 per sqft
3 Sep 2014Sold by developerReady
AED 1,200,000AED 770 per sqft
15 Aug 2014RentedNew contract
AED 110,000/yr12 months · AED 70 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 October 2024.

Key facts

Type
2-bed apartment
Size
1,558 sqft
Floor
1st of 5
Parking
G-17
Service charge
AED 25,000 /yr
Last sold
AED 1.2M · September 2014
Building
Ritaj H

About 106, Ritaj H

106 is a two-bedroom apartment of 1,558 sqft on the 1st floor of Ritaj H, a 5-storey tower in Dubai Investment Park Second. The developer sold it on 3 September 2014 for AED 1,200,000, or AED 770 per sqft, 34% above the AED 575 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 21 October 2024, is AED 65,000 a year: a gross yield of 5.4% on the 2014 price, before the service charge of about AED 25,000 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical two-bed in Ritaj H
750K1M1.25M20122015201820212024Typical sale price by year: 2012 AED 918,500; 2013 AED 825,000; 2014 AED 957,500; 2023 AED 672,500Sold by developer, September 2014: AED 1,200,000 (AED 770 per sqft)

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

Rents
Unit 106, each contractTypical two-bed in Ritaj H
50K100K2013201720212025Typical rent by year: 2013 AED 77,000; 2014 AED 100,000; 2015 AED 100,000; 2016 AED 96,500; 2017 AED 92,135; 2018 AED 84,000; 2019 AED 68,000; 2020 AED 55,000; 2021 AED 53,000; 2022 AED 55,000; 2023 AED 60,250; 2024 AED 68,125; 2025 AED 75,000New contract, August 2014: AED 110,000 a yearNew contract, September 2015: AED 105,000 a yearNew contract, September 2018: AED 90,000 a yearNew contract, October 2022: AED 54,000 a yearNew contract, October 2023: AED 65,000 a yearRenewal, October 2024: AED 65,000 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 H, and where 106 sits

All 29 2-beds →

106 last sold in September 2014 at AED 770 per sqft, 34% above what two-beds in Ritaj H were fetching at the time (AED 575).

Recent 2-bed salesUnit no.Price (AED)Summary
26 Feb 2025860,000
24 Jan 2025840,000
11 Oct 2024940,000
14 Aug 2024740,000
0 2-bed sales in the last 12 months

Ritaj H

Building

63 apartments, 1-bed to 3-bed over 5 floors in Dubai Investment Park Second. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 64K /yr
Typical yield
Ritaj H, Dubai Investment Park Second: prices, sales and rents →

Other units on the 1st floor

All 63 units in Ritaj H
Value
1012-bedAED 600K · Dec 2023
1032-bedAED 980K · Dec 2015
1042-bedAED 850K · Sep 2021
1051-bedAED 720K · Dec 2012
1073-bedAED 1.34M · Jun 2024
1082-bedAED 940K · Oct 2024
1093-bedAED 1.1M · Feb 2021
1–7 of 10

106, Ritaj H in numbers

  • Sold once: by the developer on 3 September 2014 for AED 1,200,000, or AED 770 per sqft.
  • Rented since August 2014 on 6 Ejari contracts. The rent fell from AED 110,000 to AED 54,000 in 2022 and recovered to AED 65,000 by October 2024.
  • At AED 65,000 a year the gross yield on the 2014 price is 5.4%, before a service charge of about AED 25,000 a year (AED 16.03 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 21 October 2024.

Questions about 106, Ritaj H

What did unit 106 last sell for?

AED 1,200,000 on 3 September 2014, sold by the developer: AED 770 per sqft for 1,558 sqft. It is the only registered sale of the unit.

What is the rent for unit 106?

AED 65,000 a year on the contract renewed on 21 October 2024. The previous contract, from October 2023, was AED 65,000; the unit has been rented since August 2014.

How big is unit 106?

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

What is unit 106 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 106, Ritaj H

Starts from the last sale price (AED 1.2M, 3 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

Plus AED 55,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →