G02, Ritaj K
Sold prices and rental history: sold once, by the developer in February 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G02, Ritaj K
What is G02 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 28 December 2024.
Key facts
- Type
- Studio apartment
- Size
- 312 sqft
- Floor
- Ground of 5
- Parking
- G-156
- Service charge
- AED 6,700 /yr
- Last sold
- AED 499K · February 2015
- Building
- Ritaj K
About G02, Ritaj K
G02 is a studio of 312 sqft on the ground floor of Ritaj K, a 5-storey tower in Dubai Investment Park Second. The developer sold it on 8 February 2015 for AED 499,000, or AED 1,599 per sqft, in line with the AED 1,604 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 28 December 2024, is AED 42,000 a year: a gross yield of 8.4% on the 2015 price, before the service charge of about AED 6,700 a year.
Sales and rents for G02 over time
G02 has sold once; the dashed line is the studio median of each year in the building.
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 G02 sits
All 218 studios →G02 last sold in February 2015 at AED 1,599 per sqft, in line with what studios in Ritaj K were fetching at the time (AED 1,604). 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. G02's AED 42,000 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Feb 202527 February 2025 | 315 sqft | 310,000 | 983 | ||
| 1 Mar 20241 March 2024 | 312 sqft | 285,000 | 913 | ||
| 2 Feb 20242 February 2024 | 312 sqft | 323,000 | 1,034 | ||
| 5 Jun 20235 June 2023 | 311 sqft | 354,547 | 1,140 |
Ritaj K
Building219 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%
Other units on the ground floor
All 219 units in Ritaj K| ValueToday's value | |||||
|---|---|---|---|---|---|
| G01 | Studio | 311 sqft | No registered sale | 25,300 /yr | |
| G03 | Studio | 311 sqft | AED 499KAED 499,000 · Apr 2015April 2015 | 34,500 /yr | |
| G04 | Studio | 312 sqft | No registered sale | 27,500 /yr | |
| G05 | Studio | 313 sqft | AED 499KAED 499,000 · Dec 2014December 2014 | 34,000 /yr | |
| G06 | Studio | 311 sqft | AED 499KAED 499,000 · Nov 2014November 2014 | 25,000 /yr | |
| G07 | Studio | 312 sqft | No registered sale | 27,500 /yr | |
| G08 | Studio | 311 sqft | AED 499KAED 499,000 · Sep 2014September 2014 | 28,000 /yr | |
| G09 | Studio | 312 sqft | No registered sale | 30,000 /yr | |
| G10 | Studio | 462 sqft | No registered sale | 25,000 /yr | |
| G11 | Studio | 311 sqft | No registered sale | 38,000 /yr | |
| G12 | Studio | 312 sqft | AED 499KAED 499,000 · Aug 2014August 2014 | 29,222 /yr | |
| G13 | Studio | 311 sqft | AED 499KAED 499,000 · Jun 2014June 2014 | 20,000 /yr | |
| G14 | Studio | 312 sqft | No registered sale | 27,500 /yr | |
| G15 | Studio | 311 sqft | AED 499KAED 499,000 · Jun 2014June 2014 | 25,000 /yr | |
| G16 | Studio | 311 sqft | AED 499KAED 499,000 · Jun 2014June 2014 | 31,000 /yr | |
| G17 | Studio | 311 sqft | AED 499KAED 499,000 · Sep 2016September 2016 | 30,000 /yr | |
| G18 | Studio | 312 sqft | AED 499KAED 499,000 · Sep 2014September 2014 | 18,800 /yr | |
| G19 | Studio | 311 sqft | AED 499KAED 499,000 · Jun 2014June 2014 | 30,000 /yr | |
| G20 | 312 sqft | AED 332KAED 332,000 · Nov 2025November 2025 | 40,000 /yr |
G02, Ritaj K in numbers
- Sold once: by the developer on 8 February 2015 for AED 499,000, or AED 1,599 per sqft.
- Rented since January 2017 on 5 Ejari contracts. The rent fell from AED 41,000 to AED 30,000 in 2023 and recovered to AED 42,000 by December 2024.
- At AED 42,000 a year the gross yield on the 2015 price is 8.4%, before a service charge of about AED 6,700 a year (AED 21.54 per sqft).
- 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 28 December 2024.
Questions about G02, Ritaj K
What did unit G02 last sell for?
AED 499,000 on 8 February 2015, sold by the developer: AED 1,599 per sqft for 312 sqft. It is the only registered sale of the unit.
What is the rent for unit G02?
AED 42,000 a year on the contract signed on 28 December 2024. The previous contract, from October 2024, was AED 38,000; the unit has been rented since January 2017.
How big is unit G02?
312 sqft (29.0 sqm): a studio on the ground floor of a 5-storey tower.
What is unit G02 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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Mortgage on G02, Ritaj K
Starts from the last sale price (AED 499K, 8 February 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 499,000
- Deposit, UAE resident (20%)
- AED 99,800
- Deposit, non-resident (40%)
- AED 199,600
- Monthly over 25 years at 3.7%
- AED 2,042
Plus AED 23,868 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →