1-bed · 727 sqftRitz Residence, International City Phase 2 & 3 · 1st floor · completed 2009

111, Ritz Residence

Sold prices and rental history: sold once, by the developer in May 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 5 July 2016

Last soldAED 600K1 May 2012

Current rentAED 47K /yr5 July 2016

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 111, Ritz Residence

Today

What is 111 worth today?

Last sold for AED 600,000 in 2012

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5 Jul 2016

5 Jul 2016RentedRenewal

AED 47,000/yr12 months · AED 64 per sqft

5 Jul 2015

5 Jul 2015RentedRenewal

AED 47,000/yr12 months · AED 64 per sqft

5 Jul 2014

5 Jul 2014RentedNew contract

AED 42,900/yr12 months · AED 59 per sqft

5 Jul 2013

5 Jul 2013RentedNew contract

AED 39,000/yr12 months · AED 53 per sqft

1 Apr 2013

1 Apr 2013RentedNew contract

AED 32,000/yr12 months · AED 44 per sqft

1 May 2012

1 May 2012Sold by developerReady

AED 600,000AED 825 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 July 2016.

Key facts

Type: 1-bed apartment
Size: 727 sqft
Floor: 1st of 7
Parking: B2-11
Developer: Alwifaq Investment Properties
Completed: 2009
Service charge: AED 10,400 /yr
Last sold: AED 600K · May 2012
Building: Ritz Residence

About 111, Ritz Residence

111 is a one-bedroom apartment of 727 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. The developer sold it on 1 May 2012 for AED 600,000, or AED 825 per sqft, in line with the AED 815 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 5 July 2016, is AED 47,000 a year: a gross yield of 7.8% on the 2012 price, before the service charge of about AED 10,400 a year.

Sales and rents for 111 over time

Sales

Unit 111, each saleTypical one-bed in Ritz Residence

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

Rents

Unit 111, each contractTypical one-bed in Ritz Residence

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 111 sits

All 71 1-beds →

1-beds in Ritz Residence · last 12 months838 /sqft Ritz Residence · all types794 /sqft

111 last sold in May 2012 at AED 825 per sqft, in line with what one-beds in Ritz Residence were fetching at the time (AED 815). 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. 111's AED 47,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
8 Jan 20268 January 2026	793 sqft	665,000	838
19 Jun 202519 June 2025	793 sqft	450,000	567
28 May 202528 May 2025	780 sqft	615,000	788
3 Apr 20253 April 2025	780 sqft	627,000	804

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


101	1-bed	791 sqft	AED 355KAED 355,000 · Mar 2019March 2019	43,000 /yr
102	Studio	434 sqft	AED 320KAED 320,000 · Jul 2013July 2013	38,000 /yr
103	Studio	442 sqft	AED 211KAED 210,567 · Sep 2012September 2012	20,000 /yr
104	Studio	442 sqft	AED 211KAED 210,567 · Aug 2012August 2012	20,308 /yr
105	Studio	442 sqft	AED 211KAED 210,567 · Aug 2012August 2012	26,100 /yr
106	Studio	434 sqft	AED 209KAED 208,909 · Aug 2012August 2012	18,000 /yr
107	Studio	434 sqft	AED 330KAED 330,000 · Nov 2013November 2013	40,000 /yr
108	Studio	479 sqft	AED 398KAED 398,000 · Feb 2012February 2012	26,400 /yr
109	1-bed	824 sqft	AED 663KAED 663,000 · Feb 2012February 2012	36,000 /yr
110	1-bed	727 sqft	AED 455KAED 455,000 · Nov 2024November 2024	35,500 /yr
112	1-bed	727 sqft	AED 405KAED 405,000 · Feb 2024February 2024	52,000 /yr
113	1-bed	820 sqft	AED 383KAED 383,000 · Sep 2021September 2021	30,000 /yr
114		769 sqft	AED 428KAED 428,000 · Nov 2025November 2025	26,000 /yr
115	1-bed	776 sqft	AED 506KAED 505,595 · Oct 2024October 2024	50,000 /yr
116	1-bed	802 sqft	AED 530KAED 530,128 · Nov 2024November 2024	45,000 /yr
117	1-bed	793 sqft	AED 350KAED 350,000 · Nov 2020November 2020	45,000 /yr
118	1-bed	793 sqft	AED 340KAED 340,000 · Nov 2020November 2020	38,000 /yr
119	1-bed	883 sqft	AED 425KAED 425,000 · Jun 2023June 2023	30,000 /yr
120	Studio	417 sqft	AED 320KAED 320,000 · Jul 2013July 2013	40,000 /yr
121	Studio	433 sqft	AED 388KAED 388,000 · Dec 2012December 2012	25,410 /yr
122	Studio	433 sqft	AED 370KAED 370,000 · Mar 2017March 2017	42,000 /yr
123	Studio	433 sqft	AED 388KAED 388,000 · Feb 2012February 2012	34,000 /yr
124	Studio	411 sqft	AED 370KAED 370,000 · Feb 2015February 2015	30,000 /yr

1–7 of 23

111, Ritz Residence in numbers

Sold once: by Alwifaq Investment Properties on 1 May 2012 for AED 600,000, or AED 825 per sqft.
Rented since April 2013 on 5 Ejari contracts, from AED 32,000 to AED 47,000 a year.
At AED 47,000 a year the gross yield on the 2012 price is 7.8%, before a service charge of about AED 10,400 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 5 July 2016.

Questions about 111, Ritz Residence

What did unit 111 last sell for?

AED 600,000 on 1 May 2012, sold by the developer: AED 825 per sqft for 727 sqft. It is the only registered sale of the unit.

What is the rent for unit 111?

AED 47,000 a year on the contract renewed on 5 July 2016. The previous contract, from July 2015, was AED 47,000; the unit has been rented since April 2013.

How big is unit 111?

727 sqft (67.5 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower completed in 2009.

What is unit 111 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 111, Ritz Residence

Starts from the last sale price (AED 600K, 1 May 2012). Switch to today's estimate once you have unlocked it.

Price: AED 600,000
Deposit, UAE resident (20%): AED 120,000
Deposit, non-resident (40%): AED 240,000
Monthly over 25 years at 3.7%: AED 2,455

Plus AED 30,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →