Project · Transactions · 2022

Ritaj Property Transactions 2022

27 property sales worth ⃃ 14.2M were registered in Ritaj in 2022, 22.7% higher than 2021 by number of sales. The median sale price was ⃃ 565,000 and the median price per square foot ⃃ 444 (−0.8% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 27 salesUpdated: 17 Oct 2026
Property sales
27
+22.7% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 14.2M
+30.8% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 565,000
+66.2% vs 2021
27 sales
Median price per sq ft
⃃ 444
−0.8% vs 2021
27 sales

What types of property sold in Ritaj in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments27100%⃃ 14.2M⃃ 565,000⃃ 444

How were 2022 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Resale (secondary)27100%⃃ 14.2M⃃ 565,000⃃ 444
Ready27100%⃃ 14.2M⃃ 565,000⃃ 444

How many rental contracts were registered in Ritaj in 2022?

1,369 rental contracts (new and renewed) were registered in Ritaj in 2022, at a median annual rent of ⃃ 24,000 (+4.6% on 2021). Rental yields in Ritaj

What were the most expensive property sales in Ritaj in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
08/11/2022Ritaj F2 beds · Apartment1,549 sq ft⃃ 1,400,000Resale · Ready
12/10/2022Ritaj G3 beds · Apartment3,128 sq ft⃃ 1,181,000Resale · Ready
20/10/2022Ritaj F2 beds · Apartment1,550 sq ft⃃ 835,000Resale · Ready
20/10/2022Ritaj F2 beds · Apartment1,553 sq ft⃃ 835,000Resale · Ready
08/11/2022Ritaj F2 beds · Apartment1,545 sq ft⃃ 694,600Resale · Ready
12/08/2022Ritaj F2 beds · Apartment1,553 sq ft⃃ 650,000Resale · Ready
26/10/2022Ritaj E2 beds · Apartment1,545 sq ft⃃ 650,000Resale · Ready
07/07/2022Ritaj E2 beds · Apartment1,545 sq ft⃃ 640,000Resale · Ready
09/08/2022Ritaj E2 beds · Apartment1,553 sq ft⃃ 640,000Resale · Ready
05/09/2022Ritaj E2 beds · Apartment1,545 sq ft⃃ 620,000Resale · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
26/12/2022Ritaj AStudio · Apartment490 sq ft⃃ 253,000Resale · Ready
21/12/2022Ritaj F1 bed · Apartment856 sq ft⃃ 365,000Resale · Ready
14/12/2022Ritaj AStudio · Apartment490 sq ft⃃ 245,000Resale · Ready
08/11/2022Ritaj F2 beds · Apartment1,545 sq ft⃃ 694,600Resale · Ready
08/11/2022Ritaj F2 beds · Apartment1,549 sq ft⃃ 1,400,000Resale · Ready
26/10/2022Ritaj E2 beds · Apartment1,545 sq ft⃃ 650,000Resale · Ready
20/10/2022Ritaj AStudio · Apartment492 sq ft⃃ 330,000Resale · Ready
20/10/2022Ritaj F2 beds · Apartment1,553 sq ft⃃ 835,000Resale · Ready
20/10/2022Ritaj F2 beds · Apartment1,550 sq ft⃃ 835,000Resale · Ready
12/10/2022Ritaj G3 beds · Apartment3,128 sq ft⃃ 1,181,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2022 with the whole of 2021.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/ritaj/2022
Ritaj Property Transactions 2022. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/ritaj/2022

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Ritaj in 2022?
27 property sales worth ⃃ 14,199,012 were registered in Ritaj in 2022. That is 22.7% higher than 2021.
What was the median property price in Ritaj in 2022?
The median sale price was ⃃ 565,000 and the median price per square foot ⃃ 444 (1 Jan – 31 Dec 2022).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/ritaj/2022