2-bed · 1,553 sqftRitaj H, Dubai Investment Park Second · Ground floor

G03, Ritaj H

Sold prices and rental history: sold twice, last in June 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G03 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 1M28 June 2015
Current rentAED 80K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G03, Ritaj H

What is G03 worth today?

Last sold for AED 1,000,000 in 2015

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15 Aug 2024RentedRenewal
AED 80,000/yr12 months · AED 51 per sqft
15 May 2024RentedRenewal
AED 80,000/yr3 months · AED 51 per sqft
25 Oct 2022RentedNew contract
AED 60,000/yr12 months · AED 39 per sqft
3 Jul 2018RentedRenewal
AED 95,000/yr12 months · AED 61 per sqft
3 Jul 2016RentedNew contract
AED 95,000/yr12 months · AED 61 per sqft
28 Jun 2015SoldReady
AED 1,000,000AED 644 per sqft
1 Sep 2013RentedNew contract
AED 60,000/yr12 months · AED 39 per sqft
25 Dec 2012Sold by developerReady
AED 852,150AED 548 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2024.

Key facts

Type
2-bed apartment
Size
1,553 sqft
Floor
Ground of 5
Parking
G-03
Service charge
AED 24,900 /yr
Last sold
AED 1M · June 2015
Building
Ritaj H

About G03, Ritaj H

G03 is a two-bedroom apartment of 1,553 sqft on the ground floor of Ritaj H, a 5-storey tower in Dubai Investment Park Second. It last sold on 28 June 2015 for AED 1,000,000, or AED 644 per sqft, in line with the AED 644 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 15 August 2024, is AED 80,000 a year: a gross yield of 8.0% on the 2015 price, before the service charge of about AED 24,900 a year.

Sales and rents for G03 over time

Sales
Unit G03, 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, December 2012: AED 852,150 (AED 548 per sqft)Sold, June 2015: AED 1,000,000 (AED 644 per sqft)

G03 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit G03, 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 60,000 a yearNew contract, July 2016: AED 95,000 a yearRenewal, July 2018: AED 95,000 a yearNew contract, October 2022: AED 60,000 a yearRenewal, May 2024: AED 80,000 a yearRenewal, August 2024: AED 80,000 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 G03 sits

All 29 2-beds →

G03 last sold in June 2015 at AED 644 per sqft, in line with what two-beds in Ritaj H were fetching at the time (AED 644).

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 ground floor

All 63 units in Ritaj H
Value
G042-bedAED 975K · Mar 2014
G05AED 602K · Sep 2025
G062-bedAED 390K · Jun 2013
G073-bedAED 1.33M · Aug 2024
G083-bedAED 1.3M · Sep 2024

G03, Ritaj H in numbers

  • Sold twice: first on 25 December 2012 for AED 852,150, last on 28 June 2015 for AED 1,000,000 (AED 644 per sqft).
  • Rented since September 2013 on 6 Ejari contracts, from AED 60,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2015 price is 8.0%, before a service charge of about AED 24,900 a year (AED 16.03 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2024.

Questions about G03, Ritaj H

What did unit G03 last sell for?

AED 1,000,000 on 28 June 2015: AED 644 per sqft for 1,553 sqft. The unit has 2 registered sales; the first was AED 852,150 in December 2012.

What is the rent for unit G03?

AED 80,000 a year on the contract renewed on 15 August 2024. The previous contract, from May 2024, was AED 80,000; the unit has been rented since September 2013.

How big is unit G03?

1,553 sqft (144.3 sqm): a two-bedroom apartment on the ground floor of a 5-storey tower.

What is unit G03 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 G03, Ritaj H

Starts from the last sale price (AED 1M, 28 June 2015). 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 →