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Studio · 311 sqftRitaj K, Dubai Investment Park Second · Ground floor

G15, Ritaj K

Sold prices and rental history: sold once, by the developer in June 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G15 · DLD and Ejari recordsUpdated 2 March 2025
Last soldAED 499K24 June 2014
Current rentAED 25K /yr2 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G15, Ritaj K

What is G15 worth today?

Last sold for AED 499,000 in 2014

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2 Mar 2025RentedRenewal
AED 25,000/yr12 months · AED 80 per sqft
2 Mar 2024RentedRenewal
AED 25,000/yr12 months · AED 80 per sqft
2 Mar 2023RentedRenewal
AED 25,000/yr12 months · AED 80 per sqft
2 Mar 2022RentedRenewal
AED 25,000/yr12 months · AED 80 per sqft
2 Mar 2021RentedRenewal
AED 25,000/yr12 months · AED 80 per sqft
2 Mar 2020RentedNew contract
AED 25,000/yr12 months · AED 80 per sqft
25 May 2018RentedRenewal
AED 48,071/yr11 months · AED 154 per sqft
25 May 2017RentedNew contract
AED 45,000/yr12 months · AED 144 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 March 2025.

Key facts

Type
Studio apartment
Size
311 sqft
Floor
Ground of 5
Parking
Building 17-LBB-09
Service charge
AED 6,700 /yr
Last sold
AED 499K · June 2014
Building
Ritaj K

About G15, Ritaj K

G15 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 24 June 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 continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 2 March 2025, 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 G15 over time

Sales
Unit G15, 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 440,000Sold by developer, June 2014: AED 499,000 (AED 1,604 per sqft)

G15 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit G15, 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, May 2017: AED 45,000 a yearRenewal, May 2018: AED 48,071 a yearNew contract, March 2020: AED 25,000 a yearRenewal, March 2021: AED 25,000 a yearRenewal, March 2022: AED 25,000 a yearRenewal, March 2023: AED 25,000 a yearRenewal, March 2024: AED 25,000 a yearRenewal, March 2025: AED 25,000 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 G15 sits

All 218 studios →

G15 last sold in June 2014 at AED 1,604 per sqft, in line with what studios in Ritaj K were fetching at the time (AED 1,604). G15's AED 25,000 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 ground floor

All 219 units in Ritaj K
Value
G01StudioNo registered sale
G02StudioAED 499K · Feb 2015
G03StudioAED 499K · Apr 2015
G04StudioNo registered sale
G05StudioAED 499K · Dec 2014
G06StudioAED 499K · Nov 2014
G07StudioNo registered sale
1–7 of 19

G15, Ritaj K in numbers

  • Sold once: by the developer on 24 June 2014 for AED 499,000, or AED 1,604 per sqft.
  • Rented since May 2017 on 8 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).

Source: YallaValue analysis of Dubai Land Department records. Updated 2 March 2025.

Questions about G15, Ritaj K

What did unit G15 last sell for?

AED 499,000 on 24 June 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 G15?

AED 25,000 a year on the contract renewed on 2 March 2025. The previous contract, from March 2024, was AED 25,000; the unit has been rented since May 2017.

How big is unit G15?

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

What is unit G15 worth today?

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

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Mortgage on G15, Ritaj K

Starts from the last sale price (AED 499K, 24 June 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 →