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Studio · 311 sqftRitaj K, Dubai Investment Park Second · 2nd floor

223, Ritaj K

Sold prices and rental history: no registered sale, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 223 · DLD and Ejari recordsUpdated 1 March 2024
Current rentAED 28K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 223, Ritaj K

What is 223 worth today?

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1 Mar 2024RentedNew contract
AED 28,000/yr12 months · AED 90 per sqft
1 Dec 2022RentedNew contract
AED 23,000/yr12 months · AED 74 per sqft
1 Dec 2020RentedNew contract
AED 22,000/yr12 months · AED 70 per sqft
1 Dec 2019RentedNew contract
AED 23,000/yr12 months · AED 74 per sqft
1 Mar 2016RentedNew contract
AED 41,500/yr12 months · AED 133 per sqft
21 Feb 2015RentedNew contract
AED 40,500/yr12 months · AED 130 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2024.

Key facts

Type
Studio apartment
Size
311 sqft
Floor
2nd of 5
Parking
Building 17-GA-03
Service charge
AED 6,700 /yr
Last sold
No registered sale
Building
Ritaj K

About 223, Ritaj K

223 is a studio of 311 sqft on the 2nd floor of Ritaj K, a 5-storey tower in Dubai Investment Park Second. No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 1 March 2024, is AED 28,000 a year, before the service charge of about AED 6,700 a year.

Sales and rents for 223 over time

Sales
Unit 223, 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 440,000

No registered sale of 223; the dashed line is the studio median of each year in the building.

Rents
Unit 223, 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, February 2015: AED 40,500 a yearNew contract, March 2016: AED 41,500 a yearNew contract, December 2019: AED 23,000 a yearNew contract, December 2020: AED 22,000 a yearNew contract, December 2022: AED 23,000 a yearNew contract, March 2024: 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 223 sits

All 218 studios →

223'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
204StudioAED 515K · Jun 2014
205StudioAED 310K · Feb 2025
206StudioNo registered sale
207StudioNo registered sale
1–7 of 39

223, Ritaj K in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since February 2015 on 6 Ejari contracts. The rent fell from AED 40,500 to AED 22,000 in 2020 and recovered to AED 28,000 by March 2024.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2024.

Questions about 223, Ritaj K

What is the rent for unit 223?

AED 28,000 a year on the contract signed on 1 March 2024. The previous contract, from December 2022, was AED 23,000; the unit has been rented since February 2015.

How big is unit 223?

311 sqft (28.9 sqm): a studio on the 2nd floor of a 5-storey tower.

What is unit 223 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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