3-bed · 3,193 sqftRitaj H, Dubai Investment Park Second · 2nd floor

213, Ritaj H

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 213 · DLD and Ejari recordsUpdated 12 June 2024
Last soldAED 1.52M12 June 2024
Current rentAED 105K /yr1 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 213, Ritaj H

What is 213 worth today?

Last sold for AED 1,520,000 in 2024

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12 Jun 2024SoldReady
AED 1,520,000AED 476 per sqft
1 Oct 2021RentedRenewal
AED 105,000/yr12 months · AED 33 per sqft
1 Oct 2019RentedRenewal
AED 120,000/yr12 months · AED 38 per sqft
1 Oct 2018RentedRenewal
AED 125,000/yr12 months · AED 39 per sqft
1 Oct 2017RentedNew contract
AED 135,000/yr12 months · AED 42 per sqft
6 Oct 2016SoldReady
AED 732,500AED 229 per sqft
15 Mar 2016RentedNew contract
AED 96,893/yr23 months · AED 30 per sqft
30 Dec 2013Sold by developerReady
AED 1,450,000AED 454 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 June 2024.

Key facts

Type
3-bed apartment
Size
3,193 sqft
Floor
2nd of 5
Parking
8-G-22& 8-G-23
Service charge
AED 51,200 /yr
Last sold
AED 1.52M · June 2024
Building
Ritaj H

About 213, Ritaj H

213 is a three-bedroom apartment of 3,193 sqft on the 2nd floor of Ritaj H, a 5-storey tower in Dubai Investment Park Second. It last sold on 12 June 2024 for AED 1,520,000, or AED 476 per sqft, 19% above the AED 399 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 1 October 2021, is AED 105,000 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 51,200 a year.

Sales and rents for 213 over time

Sales
Unit 213, each saleTypical three-bed in Ritaj H
1M1.5M2012201620202024Typical sale price by year: 2012 AED 1,300,000; 2013 AED 1,450,000; 2014 AED 1,800,000; 2023 AED 1,000,000; 2024 AED 1,332,500Sold by developer, December 2013: AED 1,450,000 (AED 454 per sqft)Sold, October 2016: AED 732,500 (AED 229 per sqft)Sold, June 2024: AED 1,520,000 (AED 476 per sqft)

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

Rents
Unit 213, each contractTypical three-bed in Ritaj H
100K20142017202020232026Typical rent by year: 2014 AED 130,000; 2015 AED 137,000; 2016 AED 137,500; 2017 AED 130,000; 2018 AED 108,077; 2019 AED 95,000; 2020 AED 82,000; 2021 AED 86,500; 2022 AED 87,500; 2023 AED 93,000; 2024 AED 110,000; 2025 AED 117,000New contract, March 2016: AED 96,893 a yearNew contract, October 2017: AED 135,000 a yearRenewal, October 2018: AED 125,000 a yearRenewal, October 2019: AED 120,000 a yearRenewal, October 2021: AED 105,000 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 H, and where 213 sits

All 18 3-beds →

213 last sold in June 2024 at AED 476 per sqft, 19% above what three-beds in Ritaj H were fetching at the time (AED 399).

Recent 3-bed salesUnit no.Price (AED)Summary
8 May 20251,410,000
7 Oct 20241,400,000
18 Sep 20241,229,081
16 Sep 20241,300,000
0 3-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 2nd floor

All 63 units in Ritaj H
Value
2012-bedAED 893K · Feb 2012
2032-bedAED 635K · Jul 2023
2042-bedAED 893K · Mar 2014
2051-bedAED 359K · Dec 2023
2062-bedAED 975K · Apr 2014
2071-bedAED 625K · Feb 2025
2081-bedAED 568K · Mar 2025
1–7 of 10

213, Ritaj H in numbers

  • Sold 3 times: first on 30 December 2013 for AED 1,450,000, last on 12 June 2024 for AED 1,520,000 (AED 476 per sqft).
  • Rented since March 2016 on 5 Ejari contracts, from AED 96,893 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 51,200 a year (AED 16.03 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 12 June 2024.

Questions about 213, Ritaj H

What did unit 213 last sell for?

AED 1,520,000 on 12 June 2024: AED 476 per sqft for 3,193 sqft. The unit has 3 registered sales; the first was AED 1,450,000 in December 2013.

What is the rent for unit 213?

AED 105,000 a year on the contract renewed on 1 October 2021. The previous contract, from October 2019, was AED 120,000; the unit has been rented since March 2016.

How big is unit 213?

3,193 sqft (296.6 sqm): a three-bedroom apartment on the 2nd floor of a 5-storey tower.

What is unit 213 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 213, Ritaj H

Starts from the last sale price (AED 1.52M, 12 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,520,000
Deposit, UAE resident (20%)
AED 304,000
Deposit, non-resident (40%)
AED 608,000
Monthly over 25 years at 3.7%
AED 6,219

Plus AED 68,850 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →