Studio · 312 sqftRitaj K, Dubai Investment Park Second · Ground floor

G04, Ritaj K

Sold prices and rental history: no registered sale, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G04 · DLD and Ejari recordsUpdated 15 September 2024
Current rentAED 28K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G04, Ritaj K

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15 Sep 2024RentedRenewal
AED 27,500/yr12 months · AED 88 per sqft
15 Sep 2023RentedNew contract
AED 25,000/yr12 months · AED 80 per sqft
1 Feb 2019RentedRenewal
AED 28,000/yr12 months · AED 90 per sqft
1 Feb 2018RentedNew contract
AED 38,000/yr12 months · AED 122 per sqft

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

Key facts

Type
Studio apartment
Size
312 sqft
Floor
Ground of 5
Parking
G-158
Service charge
AED 6,700 /yr
Last sold
No registered sale
Building
Ritaj K

About G04, Ritaj K

G04 is a studio of 312 sqft on the ground 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 2018 on 4 Ejari contracts. The current contract, renewed on 15 September 2024, is AED 27,500 a year, before the service charge of about AED 6,700 a year.

Sales and rents for G04 over time

Sales
Unit G04, 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 G04; the dashed line is the studio median of each year in the building.

Rents
Unit G04, 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 2018: AED 38,000 a yearRenewal, February 2019: AED 28,000 a yearNew contract, September 2023: AED 25,000 a yearRenewal, September 2024: AED 27,500 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 G04 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. G04's AED 27,500 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 ground floor

All 219 units in Ritaj K
Value
G01StudioNo registered sale
G02StudioAED 499K · Feb 2015
G03StudioAED 499K · Apr 2015
G05StudioAED 499K · Dec 2014
G06StudioAED 499K · Nov 2014
G07StudioNo registered sale
G08StudioAED 499K · Sep 2014
1–7 of 19

G04, Ritaj K in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since February 2018 on 4 Ejari contracts, from AED 38,000 to AED 27,500 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 15 September 2024.

Questions about G04, Ritaj K

What is the rent for unit G04?

AED 27,500 a year on the contract renewed on 15 September 2024. The previous contract, from September 2023, was AED 25,000; the unit has been rented since February 2018.

How big is unit G04?

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

What is unit G04 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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