2-bed · 1,559 sqftRitaj H, Dubai Investment Park Second · 4th floor

404, Ritaj H

Sold prices and rental history: sold twice, last in September 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 10 March 2024
Last soldAED 825K9 September 2013
Current rentAED 67K /yr10 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Ritaj H

What is 404 worth today?

Last sold for AED 825,000 in 2013

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10 Mar 2024RentedRenewal
AED 67,000/yr12 months · AED 43 per sqft
10 Mar 2023RentedRenewal
AED 60,500/yr12 months · AED 39 per sqft
10 Mar 2022RentedRenewal
AED 55,000/yr12 months · AED 35 per sqft
10 Mar 2021RentedNew contract
AED 51,000/yr12 months · AED 33 per sqft
15 Oct 2019RentedRenewal
AED 66,000/yr12 months · AED 42 per sqft
15 Oct 2018RentedNew contract
AED 72,000/yr12 months · AED 46 per sqft
10 Sep 2017RentedRenewal
AED 94,000/yr12 months · AED 60 per sqft
10 Sep 2016RentedRenewal
AED 99,000/yr12 months · AED 63 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 March 2024.

Key facts

Type
2-bed apartment
Size
1,559 sqft
Floor
4th of 5
Parking
8-G-42
Service charge
AED 25,000 /yr
Last sold
AED 825K · September 2013
Building
Ritaj H

About 404, Ritaj H

404 is a two-bedroom apartment of 1,559 sqft on the 4th floor of Ritaj H, a 5-storey tower in Dubai Investment Park Second. It last sold on 9 September 2013 for AED 825,000, or AED 529 per sqft, 3% below the AED 548 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 10 March 2024, is AED 67,000 a year: a gross yield of 8.1% on the 2013 price, before the service charge of about AED 25,000 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical two-bed in Ritaj H
800K1M20122015201820212024Typical sale price by year: 2012 AED 918,500; 2013 AED 825,000; 2014 AED 957,500; 2023 AED 672,500Sold by developer, March 2012: AED 940,000 (AED 603 per sqft)Sold, September 2013: AED 825,000 (AED 529 per sqft)

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

Rents
Unit 404, each contractTypical two-bed in Ritaj H
50K75K100K2013201720212025Typical 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, September 2013: AED 90,000 a yearNew contract, September 2014: AED 94,000 a yearRenewal, September 2015: AED 99,000 a yearRenewal, September 2016: AED 99,000 a yearRenewal, September 2017: AED 94,000 a yearNew contract, October 2018: AED 72,000 a yearRenewal, October 2019: AED 66,000 a yearNew contract, March 2021: AED 51,000 a yearRenewal, March 2022: AED 55,000 a yearRenewal, March 2023: AED 60,500 a yearRenewal, March 2024: AED 67,000 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 404 sits

All 29 2-beds →

404 last sold in September 2013 at AED 529 per sqft, 3% below what two-beds in Ritaj H were fetching at the time (AED 548).

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 4th floor

All 63 units in Ritaj H
Value
4012-bedAED 594K · Jul 2021
402AED 639K · Sep 2025
4032-bedAED 893K · Nov 2013
4051-bedAED 720K · Aug 2013
4062-bedAED 449K · Dec 2013
4082-bedAED 893K · Feb 2013
4093-bedAED 950K · Jul 2023
1–7 of 10

404, Ritaj H in numbers

  • Sold twice: first on 1 March 2012 for AED 940,000, last on 9 September 2013 for AED 825,000 (AED 529 per sqft).
  • Rented since September 2013 on 11 Ejari contracts. The rent fell from AED 90,000 to AED 51,000 in 2021 and recovered to AED 67,000 by March 2024.
  • At AED 67,000 a year the gross yield on the 2013 price is 8.1%, 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 10 March 2024.

Questions about 404, Ritaj H

What did unit 404 last sell for?

AED 825,000 on 9 September 2013: AED 529 per sqft for 1,559 sqft. The unit has 2 registered sales; the first was AED 940,000 in March 2012.

What is the rent for unit 404?

AED 67,000 a year on the contract renewed on 10 March 2024. The previous contract, from March 2023, was AED 60,500; the unit has been rented since September 2013.

How big is unit 404?

1,559 sqft (144.8 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 404 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 404, Ritaj H

Starts from the last sale price (AED 825K, 9 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 825,000
Deposit, UAE resident (20%)
AED 165,000
Deposit, non-resident (40%)
AED 330,000
Monthly over 25 years at 3.7%
AED 3,375

Plus AED 39,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →