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3-bed · 2,608 sqftRitaj H, Dubai Investment Park Second · 3rd floor

309, Ritaj H

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 309 · DLD and Ejari recordsUpdated 22 December 2023
Last soldAED 1M21 December 2023
Current rentAED 90K /yr22 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Ritaj H

What is 309 worth today?

Last sold for AED 1,000,000 in 2023

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22 Dec 2023RentedNew contract
AED 90,000/yr12 months · AED 35 per sqft
21 Dec 2023SoldReady
AED 1,000,000AED 383 per sqft
20 Mar 2019RentedNew contract
AED 90,000/yr12 months · AED 35 per sqft
20 Feb 2018RentedNew contract
AED 120,000/yr12 months · AED 46 per sqft
16 Oct 2016RentedNew contract
AED 140,000/yr12 months · AED 54 per sqft
1 Dec 2015RentedNew contract
AED 130,000/yr12 months · AED 50 per sqft
29 Feb 2012Sold by developerReady
AED 1,300,000AED 498 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 December 2023.

Key facts

Type
3-bed apartment
Size
2,608 sqft
Floor
3rd of 5
Parking
8-G-32& 8-G-33
Service charge
AED 41,800 /yr
Last sold
AED 1M · December 2023
Building
Ritaj H

About 309, Ritaj H

309 is a three-bedroom apartment of 2,608 sqft on the 3rd floor of Ritaj H, a 5-storey tower in Dubai Investment Park Second. It last sold on 21 December 2023 for AED 1,000,000, or AED 383 per sqft, in line with the AED 383 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 22 December 2023, is AED 90,000 a year: a gross yield of 9.0% on the 2023 price, before the service charge of about AED 41,800 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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, February 2012: AED 1,300,000 (AED 498 per sqft)Sold, December 2023: AED 1,000,000 (AED 383 per sqft)

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

Rents
Unit 309, each contractTypical three-bed in Ritaj H
100K150K20142017202020232026Typical 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, December 2015: AED 130,000 a yearNew contract, October 2016: AED 140,000 a yearNew contract, February 2018: AED 120,000 a yearNew contract, March 2019: AED 90,000 a yearNew contract, December 2023: AED 90,000 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 309 sits

All 18 3-beds →

309 last sold in December 2023 at AED 383 per sqft, in line with what three-beds in Ritaj H were fetching at the time (AED 383).

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 3rd floor

All 63 units in Ritaj H
Value
3012-bedAED 940K · Feb 2012
3021-bedAED 684K · Feb 2012
3032-bedAED 940K · May 2014
3042-bedAED 375K · Dec 2018
3051-bedAED 684K · Feb 2012
3062-bedAED 897K · Dec 2012
3072-bedAED 840K · Jan 2025
1–7 of 11

309, Ritaj H in numbers

  • Sold twice: first on 29 February 2012 for AED 1,300,000, last on 21 December 2023 for AED 1,000,000 (AED 383 per sqft).
  • Rented since December 2015 on 5 Ejari contracts, from AED 130,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 9.0%, before a service charge of about AED 41,800 a year (AED 16.03 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 22 December 2023.

Questions about 309, Ritaj H

What did unit 309 last sell for?

AED 1,000,000 on 21 December 2023: AED 383 per sqft for 2,608 sqft. The unit has 2 registered sales; the first was AED 1,300,000 in February 2012.

What is the rent for unit 309?

AED 90,000 a year on the contract signed on 22 December 2023. The previous contract, from March 2019, was AED 90,000; the unit has been rented since December 2015.

How big is unit 309?

2,608 sqft (242.3 sqm): a three-bedroom apartment on the 3rd floor of a 5-storey tower.

What is unit 309 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 309, Ritaj H

Starts from the last sale price (AED 1M, 21 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →