505, Ritaj H
Sold prices and rental history: sold twice, last in March 2024, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Ritaj H
What is 505 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 7 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 830 sqft
- Floor
- 5th of 5
- Parking
- 8-G-58
- Service charge
- AED 13,300 /yr
- Last sold
- AED 500K · March 2024
- Building
- Ritaj H
About 505, Ritaj H
505 is a one-bedroom apartment of 830 sqft on the 5th floor of Ritaj H, a 5-storey tower in Dubai Investment Park Second. It last sold on 7 March 2024 for AED 500,000, or AED 602 per sqft.
It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 26 June 2017, is AED 65,000 a year: a gross yield of 13.0% on the 2024 price, before the service charge of about AED 13,300 a year.
Sales and rents for 505 over time
505 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Ritaj H, and where 505 sits
All 12 1-beds →| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Mar 202519 March 2025 | 830 sqft | 568,036 | 684 | ||
| 24 Feb 202524 February 2025 | 829 sqft | 624,656 | 753 | ||
| 7 Jan 20257 January 2025 | 834 sqft | 567,968 | 681 | ||
| 20 Dec 202320 December 2023 | 829 sqft | 359,000 | 433 |
Ritaj H
Building63 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
Other units on the 5th floor
All 63 units in Ritaj H| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,552 sqft | AED 710KAED 710,000 · Mar 2023March 2023 | 54,000 /yr | |
| 502 | 1-bed | 834 sqft | AED 568KAED 567,968 · Jan 2025January 2025 | 55,000 /yr | |
| 503 | 2-bed | 1,558 sqft | AED 875KAED 875,000 · Dec 2016December 2016 | 63,000 /yr | |
| 504 | 2-bed | 1,557 sqft | AED 860KAED 860,000 · Feb 2025February 2025 | 75,000 /yr | |
| 506 | 2-bed | 1,561 sqft | AED 1.35MAED 1,350,000 · May 2014May 2014 | 58,500 /yr | |
| 507 | 1-bed | 831 sqft | AED 684KAED 684,000 · May 2014May 2014 | 50,000 /yr | |
| 508 | 2-bed | 1,547 sqft | AED 893KAED 893,000 · Feb 2013February 2013 | 75,000 /yr | |
| 509 | 3-bed | 2,609 sqft | AED 1.3MAED 1,300,000 · Sep 2015September 2015 | 101,871 /yr | |
| 510 | 1-bed | 834 sqft | AED 700KAED 700,000 · Jan 2014January 2014 | 40,250 /yr | |
| 511 | 3-bed | 2,615 sqft | AED 1.4MAED 1,400,000 · Oct 2024October 2024 | ||
| 512 | 3-bed | 2,651 sqft | AED 1.3MAED 1,300,000 · Feb 2012February 2012 | 95,000 /yr |
505, Ritaj H in numbers
- Sold twice: first on 4 March 2012 for AED 684,000, last on 7 March 2024 for AED 500,000 (AED 602 per sqft).
- Rented since June 2014 on 3 Ejari contracts, at AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2024 price is 13.0%, before a service charge of about AED 13,300 a year (AED 16.03 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 7 March 2024.
Questions about 505, Ritaj H
What did unit 505 last sell for?
AED 500,000 on 7 March 2024: AED 602 per sqft for 830 sqft. The unit has 2 registered sales; the first was AED 684,000 in March 2012.
What is the rent for unit 505?
AED 65,000 a year on the contract renewed on 26 June 2017. The previous contract, from June 2016, was AED 65,000; the unit has been rented since June 2014.
How big is unit 505?
830 sqft (77.1 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower.
What is unit 505 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 505, Ritaj H
Starts from the last sale price (AED 500K, 7 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus AED 26,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →