G06, Ritaj K
Sold prices and rental history: sold once, by the developer in November 2014, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G06, Ritaj K
What is G06 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 March 2021.
Key facts
- Type
- Studio apartment
- Size
- 311 sqft
- Floor
- Ground of 5
- Parking
- G-160
- Service charge
- AED 6,700 /yr
- Last sold
- AED 499K · November 2014
- Building
- Ritaj K
About G06, Ritaj K
G06 is a studio of 311 sqft on the ground floor of Ritaj K, a 5-storey tower in Dubai Investment Park Second. The developer sold it on 16 November 2014 for AED 499,000, or AED 1,604 per sqft, in line with the AED 1,604 studios in the building were fetching at the time.
It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 20 March 2021, is AED 25,000 a year: a gross yield of 5.0% on the 2014 price, before the service charge of about AED 6,700 a year.
Sales and rents for G06 over time
G06 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 G06 sits
All 218 studios →G06 last sold in November 2014 at AED 1,604 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. G06's AED 25,000 is at the bottom 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 | |
| G02 | Studio | 312 sqft | AED 499KAED 499,000 · Feb 2015February 2015 | 42,000 /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 | |
| 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 |
G06, Ritaj K in numbers
- Sold once: by the developer on 16 November 2014 for AED 499,000, or AED 1,604 per sqft.
- Rented since January 2015 on 3 Ejari contracts, from AED 45,000 to AED 25,000 a year.
- At AED 25,000 a year the gross yield on the 2014 price is 5.0%, 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 20 March 2021.
Questions about G06, Ritaj K
What did unit G06 last sell for?
AED 499,000 on 16 November 2014, sold by the developer: AED 1,604 per sqft for 311 sqft. It is the only registered sale of the unit.
What is the rent for unit G06?
AED 25,000 a year on the contract signed on 20 March 2021. The previous contract, from January 2016, was AED 60,000; the unit has been rented since January 2015.
How big is unit G06?
311 sqft (28.9 sqm): a studio on the ground floor of a 5-storey tower.
What is unit G06 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 G06, Ritaj K
Starts from the last sale price (AED 499K, 16 November 2014). 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 →