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Studio · 312 sqftRitaj K, Dubai Investment Park Second · 2nd floor

204, Ritaj K

Sold prices and rental history: sold once, by the developer in June 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 2 April 2025
Last soldAED 515K22 June 2014
Current rentAED 28K /yr2 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Ritaj K

What is 204 worth today?

Last sold for AED 515,000 in 2014

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2 Apr 2025RentedRenewal
AED 28,000/yr12 months · AED 90 per sqft
2 Apr 2024RentedRenewal
AED 26,500/yr12 months · AED 85 per sqft
2 Apr 2023RentedRenewal
AED 24,000/yr12 months · AED 77 per sqft
2 Apr 2022RentedRenewal
AED 20,000/yr12 months · AED 64 per sqft
18 Mar 2021RentedNew contract
AED 20,000/yr12 months · AED 64 per sqft
19 Dec 2019RentedNew contract
AED 21,000/yr12 months · AED 67 per sqft
13 Oct 2017RentedNew contract
AED 32,000/yr12 months · AED 103 per sqft
11 Jun 2016RentedNew contract
AED 35,000/yr12 months · AED 112 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 April 2025.

Key facts

Type
Studio apartment
Size
312 sqft
Floor
2nd of 5
Parking
Building 17-UBB-08
Service charge
AED 6,700 /yr
Last sold
AED 515K · June 2014
Building
Ritaj K

About 204, Ritaj K

204 is a studio of 312 sqft on the 2nd floor of Ritaj K, a 5-storey tower in Dubai Investment Park Second. The developer sold it on 22 June 2014 for AED 515,000, or AED 1,650 per sqft, in line with the AED 1,618 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 2 April 2025, is AED 28,000 a year: a gross yield of 5.4% on the 2014 price, before the service charge of about AED 6,700 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical studio in Ritaj K
450K500K20142015201620172018Typical sale price by year: 2014 AED 499,000; 2015 AED 440,000; 2016 AED 499,000; 2017 AED 440,000Sold by developer, June 2014: AED 515,000 (AED 1,650 per sqft)

204 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 204, each contractTypical studio in Ritaj K
20K40K2014201820222026Typical rent by year: 2014 AED 45,000; 2015 AED 45,000; 2016 AED 42,000; 2017 AED 42,000; 2018 AED 30,000; 2019 AED 24,500; 2020 AED 23,000; 2021 AED 22,000; 2022 AED 22,000; 2023 AED 23,750; 2024 AED 27,500; 2025 AED 32,000; 2026 AED 35,000New contract, March 2015: AED 23,418 a yearNew contract, June 2016: AED 35,000 a yearNew contract, October 2017: AED 32,000 a yearNew contract, December 2019: AED 21,000 a yearNew contract, March 2021: AED 20,000 a yearRenewal, April 2022: AED 20,000 a yearRenewal, April 2023: AED 24,000 a yearRenewal, April 2024: AED 26,500 a yearRenewal, April 2025: AED 28,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Ritaj K, and where 204 sits

All 218 studios →

204 last sold in June 2014 at AED 1,650 per sqft, in line with what studios in Ritaj K were fetching at the time (AED 1,618). 204's AED 28,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
27 Feb 2025310,000
1 Mar 2024285,000
2 Feb 2024323,000
5 Jun 2023354,547
0 studio sales in the last 12 months

Ritaj K

Building

219 apartments, studios 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 35K /yr
Typical yield
Ritaj K, Dubai Investment Park Second: prices, sales and rents →

Other units on the 2nd floor

All 219 units in Ritaj K
Value
201StudioAED 525K · Jun 2014
202StudioNo registered sale
203StudioAED 355K · Jun 2023
205StudioAED 310K · Feb 2025
206StudioNo registered sale
207StudioNo registered sale
208StudioNo registered sale
1–7 of 39

204, Ritaj K in numbers

  • Sold once: by the developer on 22 June 2014 for AED 515,000, or AED 1,650 per sqft.
  • Rented since March 2015 on 9 Ejari contracts. The rent fell from AED 23,418 to AED 20,000 in 2022 and recovered to AED 28,000 by April 2025.
  • At AED 28,000 a year the gross yield on the 2014 price is 5.4%, before a service charge of about AED 6,700 a year (AED 21.54 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 2 April 2025.

Questions about 204, Ritaj K

What did unit 204 last sell for?

AED 515,000 on 22 June 2014, sold by the developer: AED 1,650 per sqft for 312 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 28,000 a year on the contract renewed on 2 April 2025. The previous contract, from April 2024, was AED 26,500; the unit has been rented since March 2015.

How big is unit 204?

312 sqft (29.0 sqm): a studio on the 2nd floor of a 5-storey tower.

What is unit 204 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 204, Ritaj K

Starts from the last sale price (AED 515K, 22 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 515,000
Deposit, UAE resident (20%)
AED 103,000
Deposit, non-resident (40%)
AED 206,000
Monthly over 25 years at 3.7%
AED 2,107

Plus AED 26,640 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →