512, Ritaj H
Sold prices and rental history: sold once, by the developer in February 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 512, Ritaj H
What is 512 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 June 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,651 sqft
- Floor
- 5th of 5
- Parking
- 8-G-67& 8-G-68
- Service charge
- AED 42,500 /yr
- Last sold
- AED 1.3M · February 2012
- Building
- Ritaj H
About 512, Ritaj H
512 is a three-bedroom apartment of 2,651 sqft on the 5th floor of Ritaj H, a 5-storey tower in Dubai Investment Park Second. The developer sold it on 29 February 2012 for AED 1,300,000, or AED 490 per sqft, in line with the AED 499 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 25 June 2024, is AED 95,000 a year: a gross yield of 7.3% on the 2012 price, before the service charge of about AED 42,500 a year.
Sales and rents for 512 over time
512 has sold once; the dashed line is the three-bed median of each year in the building.
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 512 sits
All 18 3-beds →512 last sold in February 2012 at AED 490 per sqft, in line with what three-beds in Ritaj H were fetching at the time (AED 499).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 May 20258 May 2025 | 2,603 sqft | 1,410,000 | 541 | ||
| 7 Oct 20247 October 2024 | 2,615 sqft | 1,400,000 | 535 | ||
| 18 Sep 202418 September 2024 | 2,588 sqft | 1,229,081 | 475 | ||
| 16 Sep 202416 September 2024 | 2,608 sqft | 1,300,000 | 498 |
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 | |
| 505 | 1-bed | 830 sqft | AED 500KAED 500,000 · Mar 2024March 2024 | 65,000 /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, Ritaj H in numbers
- Sold once: by the developer on 29 February 2012 for AED 1,300,000, or AED 490 per sqft.
- Rented since October 2014 on 9 Ejari contracts. The rent fell from AED 145,000 to AED 80,000 in 2020 and recovered to AED 95,000 by June 2024.
- At AED 95,000 a year the gross yield on the 2012 price is 7.3%, before a service charge of about AED 42,500 a year (AED 16.03 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 25 June 2024.
Questions about 512, Ritaj H
What did unit 512 last sell for?
AED 1,300,000 on 29 February 2012, sold by the developer: AED 490 per sqft for 2,651 sqft. It is the only registered sale of the unit.
What is the rent for unit 512?
AED 95,000 a year on the contract renewed on 25 June 2024. The previous contract, from June 2023, was AED 90,000; the unit has been rented since October 2014.
How big is unit 512?
2,651 sqft (246.3 sqm): a three-bedroom apartment on the 5th floor of a 5-storey tower.
What is unit 512 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 512, Ritaj H
Starts from the last sale price (AED 1.3M, 29 February 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →