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1-bed · 791 sqftRitz Residence, International City Phase 2 & 3 · 1st floor · completed 2009

101, Ritz Residence

Sold prices and rental history: sold twice, last in March 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 101 · DLD and Ejari recordsUpdated 26 March 2025
Last soldAED 355K14 March 2019
Current rentAED 43K /yr26 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 101, Ritz Residence

What is 101 worth today?

Last sold for AED 355,000 in 2019

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26 Mar 2025RentedRenewal
AED 43,000/yr12 months · AED 54 per sqft
26 Mar 2024RentedNew contract
AED 43,000/yr12 months · AED 54 per sqft
1 Mar 2023RentedRenewal
AED 24,000/yr12 months · AED 30 per sqft
1 Mar 2022RentedRenewal
AED 24,000/yr12 months · AED 30 per sqft
1 Mar 2021RentedNew contract
AED 24,000/yr12 months · AED 30 per sqft
14 Mar 2019SoldReady
AED 355,000AED 448 per sqft
1 Jan 2019RentedNew contract
AED 38,000/yr12 months · AED 48 per sqft
1 Nov 2018Sold by developerReady
AED 690,000AED 872 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 March 2025.

Key facts

Type
1-bed apartment
Size
791 sqft
Floor
1st of 7
Parking
B2-01
Developer
Alwifaq Investment Properties
Completed
2009
Service charge
AED 11,300 /yr
Last sold
AED 355K · March 2019
Building
Ritz Residence

About 101, Ritz Residence

101 is a one-bedroom apartment of 791 sqft on the 1st floor of Ritz Residence, a 7-storey tower in International City Phase 2 & 3 completed in 2009 by Alwifaq Investment Properties. It last sold on 14 March 2019 for AED 355,000, or AED 448 per sqft, 32% below the AED 660 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 26 March 2025, is AED 43,000 a year: a gross yield of 12.1% on the 2019 price, before the service charge of about AED 11,300 a year.

Sales and rents for 101 over time

Sales
Unit 101, each saleTypical one-bed in Ritz Residence
400K600K2012201620202024Typical sale price by year: 2012 AED 647,500; 2013 AED 400,000; 2014 AED 615,000; 2015 AED 620,000; 2016 AED 620,000; 2021 AED 371,500; 2022 AED 365,000; 2023 AED 372,500; 2024 AED 447,000; 2025 AED 520,000Sold by developer, November 2018: AED 690,000 (AED 872 per sqft)Sold, March 2019: AED 355,000 (AED 448 per sqft)

101 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 101, each contractTypical one-bed in Ritz Residence
20K40K2012201620202024Typical rent by year: 2012 AED 32,000; 2013 AED 35,000; 2014 AED 39,000; 2015 AED 42,000; 2016 AED 48,000; 2017 AED 48,000; 2018 AED 45,500; 2019 AED 40,000; 2020 AED 32,500; 2021 AED 30,000; 2022 AED 32,000; 2023 AED 35,000; 2024 AED 40,000; 2025 AED 44,500; 2026 AED 52,000New contract, July 2015: AED 50,000 a yearNew contract, January 2019: AED 38,000 a yearNew contract, March 2021: AED 24,000 a yearRenewal, March 2022: AED 24,000 a yearRenewal, March 2023: AED 24,000 a yearNew contract, March 2024: AED 43,000 a yearRenewal, March 2025: AED 43,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Ritz Residence, and where 101 sits

All 71 1-beds →

101 last sold in March 2019 at AED 448 per sqft, 32% below what one-beds in Ritz Residence were fetching at the time (AED 660). Over the last 12 months one-beds sold for AED 665,000, around AED 838 per sqft, and rent for AED 36,000 to 63,000 a year. 101's AED 43,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Jan 2026665,000
19 Jun 2025450,000
28 May 2025615,000
3 Apr 2025627,000
1 1-bed sale in the last 12 months

Ritz Residence

Building

150 apartments, studios to 1-bed over 7 floors in International City Phase 2 & 3, completed in 2009 by Alwifaq Investment Properties. 2 sold in the last 12 months.

Typical price per sqft
AED 794
Typical sale
AED 565K
Typical rent
AED 46K /yr
Typical yield
8.6%
Ritz Residence, International City Phase 2 & 3: prices, sales and rents →

Other units on the 1st floor

All 150 units in Ritz Residence
Value
102StudioAED 320K · Jul 2013
103StudioAED 211K · Sep 2012
104StudioAED 211K · Aug 2012
105StudioAED 211K · Aug 2012
106StudioAED 209K · Aug 2012
107StudioAED 330K · Nov 2013
108StudioAED 398K · Feb 2012
1–7 of 23

101, Ritz Residence in numbers

  • Sold twice: first on 1 November 2018 for AED 690,000, last on 14 March 2019 for AED 355,000 (AED 448 per sqft).
  • Rented since July 2015 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 24,000 in 2023 and recovered to AED 43,000 by March 2025.
  • At AED 43,000 a year the gross yield on the 2019 price is 12.1%, before a service charge of about AED 11,300 a year (AED 14.31 per sqft).
  • One-beds in Ritz Residence sold for AED 665,000–665,000 in the 12 months to November 2026; the building's median across all types is AED 794 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 26 March 2025.

Questions about 101, Ritz Residence

What did unit 101 last sell for?

AED 355,000 on 14 March 2019: AED 448 per sqft for 791 sqft. The unit has 2 registered sales; the first was AED 690,000 in November 2018.

What is the rent for unit 101?

AED 43,000 a year on the contract renewed on 26 March 2025. The previous contract, from March 2024, was AED 43,000; the unit has been rented since July 2015.

How big is unit 101?

791 sqft (73.5 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower completed in 2009.

What is unit 101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ritz Residence sold for AED 665,000 to 665,000 in the last 12 months, around AED 838 per sqft.

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Mortgage on 101, Ritz Residence

Starts from the last sale price (AED 355K, 14 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 355,000
Deposit, UAE resident (20%)
AED 71,000
Deposit, non-resident (40%)
AED 142,000
Monthly over 25 years at 3.7%
AED 1,452

Plus AED 17,820 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →