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Studio · 318 sqftRitaj K, Dubai Investment Park Second · 5th floor

536, Ritaj K

Sold prices and rental history: no registered sale, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 536 · DLD and Ejari recordsUpdated 12 September 2023
Current rentAED 24K /yr12 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 536, Ritaj K

What is 536 worth today?

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12 Sep 2023RentedRenewal
AED 24,000/yr12 months · AED 75 per sqft
12 Sep 2022RentedNew contract
AED 23,000/yr12 months · AED 72 per sqft
12 May 2021RentedNew contract
AED 23,000/yr16 months · AED 72 per sqft
12 May 2020RentedNew contract
AED 23,000/yr12 months · AED 71 per sqft
1 Feb 2016RentedNew contract
AED 42,000/yr12 months · AED 130 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 September 2023.

Key facts

Type
Studio apartment
Size
318 sqft
Floor
5th of 5
Parking
Building 17-2B-16
Service charge
AED 6,800 /yr
Last sold
No registered sale
Building
Ritaj K

About 536, Ritaj K

536 is a studio of 318 sqft on the 5th 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 2016 on 5 Ejari contracts. The current contract, renewed on 12 September 2023, is AED 24,000 a year, before the service charge of about AED 6,800 a year.

Sales and rents for 536 over time

Sales
Unit 536, 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 536; the dashed line is the studio median of each year in the building.

Rents
Unit 536, 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 2016: AED 42,000 a yearNew contract, May 2020: AED 23,000 a yearNew contract, May 2021: AED 23,000 a yearNew contract, September 2022: AED 23,000 a yearRenewal, September 2023: AED 24,000 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 536 sits

All 218 studios →

Over the last 12 months studios sold for AED 332,000, around AED 1,062 per sqft, and rent for AED 28,600 to 42,000 a year. 536's AED 24,000 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
1 studio sale in the last 12 months

Ritaj K

Building

219 apartments, studios over 5 floors in Dubai Investment Park Second. 1 sold in the last 12 months.

Typical price per sqft
AED 1,062
Typical sale
AED 332K
Typical rent
AED 35K /yr
Typical yield
10.4%
Ritaj K, Dubai Investment Park Second: prices, sales and rents →

Other units on the 5th floor

All 219 units in Ritaj K
Value
501StudioNo registered sale
502StudioNo registered sale
503StudioNo registered sale
504StudioNo registered sale
505StudioNo registered sale
506StudioNo registered sale
507StudioNo registered sale
1–7 of 39

536, Ritaj K in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since February 2016 on 5 Ejari contracts, from AED 42,000 to AED 24,000 a year.
  • Studios in Ritaj K sold for AED 332,000–332,000 in the 12 months to November 2026; the building's median across all types is AED 1,062 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 12 September 2023.

Questions about 536, Ritaj K

What is the rent for unit 536?

AED 24,000 a year on the contract renewed on 12 September 2023. The previous contract, from September 2022, was AED 23,000; the unit has been rented since February 2016.

How big is unit 536?

318 sqft (29.5 sqm): a studio on the 5th floor of a 5-storey tower.

What is unit 536 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Ritaj K sold for AED 332,000 to 332,000 in the last 12 months, around AED 1,062 per sqft.

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