RITAJ
MatureDeveloperDUBAI INVESTMENT REAL ESTATE (L L C)
CommunityDubai Investment Park Second
Started
18 years ago21-01-2008
Handover
14 years 7 months ago05-06-2011
Status
CompleteFinished
Performance Alpha
Sales Performance
Market Sales: Last 90Dvs Last 12M Baseline
Rising+5%Growth
Current:AED 767/sqft
Last 12M:AED 728/sqft
Momentum: Last 12Mvs Prior Year
Rising+20%Growth
Last 12M:AED 728/sqft
Prior Year:AED 605/sqft
Community Compare: Last 90DDubai Investment Park Second
Premium+35%Above Avg
Project:AED 767/sqft
Community:AED 567/sqft
Liquidity: Last 12MExit Speed
Low6%Turnover
132Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 804/sqft
Range:AED 326 – AED 1K
Avg Unit:AED 53K/yr
Leasing Volume: L12MContracts Signed
Very Active1,221Total
New:497
Renew:724
Tenant RetentionRenewal Rate
Good59%renewals
41% new tenants59% renewals
Gross YieldAnnual Return
High Yield104.8%Yield
Rent:AED 804/sqft
Price:AED 767/sqft
Supply & Demand Matrix
RITAJ averaged 6% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Studio
1,337 units
39 sold1298 left
3%
Velocity
1 Bedroom
452 units
58 sold394 left
13%
Velocity
2 Bedrooms
194 units
27 sold167 left
14%
Velocity
3 Bedrooms
40 units
7 sold33 left
18%
Velocity
Shop
19 units
0 sold19 left
0%
Velocity
Office
1 units
0 sold1 left
0%
Velocity
Layouts & Units (2,043)
| Property Type | Contracts (L12M) | Size Range | Rent Range (PSF) | Avg Rent/Sqft | Avg Annual | |
|---|---|---|---|---|---|---|
Property Type Studioapartment | Contracts 663 | Size Range 29-88sqft | Rent Range 326-1,379 | Avg Rent/Sqft 925AED | Avg Annual AED 34K | |
Property Type 1bed room+Hallapartment | Contracts 225 | Size Range 44-127sqft | Rent Range 390-1,108 | Avg Rent/Sqft 620AED | Avg Annual AED 50K | |
Property Type 2 bed rooms+hallapartment | Contracts 94 | Size Range 141-197sqft | Rent Range 411-839 | Avg Rent/Sqft 550AED | Avg Annual AED 79K | |
Property Type 3 bed rooms+hallapartment | Contracts 8 | Size Range 242-332sqft | Rent Range 412-607 | Avg Rent/Sqft 495AED | Avg Annual AED 130K | |
Property Type Shopretail | Contracts 9 | Size Range 61-1,244sqft | Rent Range 436-1,482 | Avg Rent/Sqft 950AED | Avg Annual AED 298K | |
Property Type other | Contracts 1 | Size Range — | Rent Range — | Avg Rent/Sqft — | Avg Annual AED 10.5M |
1,000 rental contracts grouped into 6 property types