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

112, Ritz Residence

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 112 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 405K15 February 2024
Current rentAED 52K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, Ritz Residence

What is 112 worth today?

Last sold for AED 405,000 in 2024

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1 Dec 2025RentedRenewal
AED 52,000/yr12 months · AED 72 per sqft
1 Dec 2024RentedNew contract
AED 42,000/yr12 months · AED 58 per sqft
15 Feb 2024SoldReady
AED 405,000AED 557 per sqft
1 Dec 2023RentedNew contract
AED 35,000/yr12 months · AED 48 per sqft
8 Aug 2023Sold by developerReady
AED 360,000AED 495 per sqft
1 Nov 2021RentedNew contract
AED 32,000/yr13 months · AED 44 per sqft
15 Dec 2018RentedNew contract
AED 40,000/yr12 months · AED 55 per sqft
9 Sep 2017RentedNew contract
AED 44,751/yr12 months · AED 62 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2025.

Key facts

Type
1-bed apartment
Size
727 sqft
Floor
1st of 7
Parking
B2-12
Developer
Alwifaq Investment Properties
Completed
2009
Service charge
AED 10,400 /yr
Last sold
AED 405K · February 2024
Building
Ritz Residence

About 112, Ritz Residence

112 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. It last sold on 15 February 2024 for AED 405,000, or AED 557 per sqft, 16% above the AED 480 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 52,000 a year: a gross yield of 12.8% on the 2024 price, before the service charge of about AED 10,400 a year.

Sales and rents for 112 over time

Sales
Unit 112, 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, August 2023: AED 360,000 (AED 495 per sqft)Sold, February 2024: AED 405,000 (AED 557 per sqft)

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

Rents
Unit 112, each contractTypical one-bed in Ritz Residence
30K40K50K2012201620202024Typical 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, September 2012: AED 32,000 a yearRenewal, September 2013: AED 34,000 a yearRenewal, September 2014: AED 40,000 a yearRenewal, September 2015: AED 40,000 a yearNew contract, September 2016: AED 41,768 a yearNew contract, September 2017: AED 44,751 a yearNew contract, December 2018: AED 40,000 a yearNew contract, November 2021: AED 32,000 a yearNew contract, December 2023: AED 35,000 a yearNew contract, December 2024: AED 42,000 a yearRenewal, December 2025: AED 52,000 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 112 sits

All 71 1-beds →

112 last sold in February 2024 at AED 557 per sqft, 16% above what one-beds in Ritz Residence were fetching at the time (AED 480). 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. 112's AED 52,000 is in the upper 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
1011-bedAED 355K · Mar 2019
102StudioAED 320K · Jul 2013
103StudioAED 211K · Sep 2012
104StudioAED 211K · Aug 2012
105StudioAED 211K · Aug 2012
106StudioAED 209K · Aug 2012
107StudioAED 330K · Nov 2013
1–7 of 23

112, Ritz Residence in numbers

  • Sold twice: first on 8 August 2023 for AED 360,000, last on 15 February 2024 for AED 405,000 (AED 557 per sqft).
  • Rented since September 2012 on 11 Ejari contracts, from AED 32,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2024 price is 12.8%, 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 1 December 2025.

Questions about 112, Ritz Residence

What did unit 112 last sell for?

AED 405,000 on 15 February 2024: AED 557 per sqft for 727 sqft. The unit has 2 registered sales; the first was AED 360,000 in August 2023.

What is the rent for unit 112?

AED 52,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 42,000; the unit has been rented since September 2012.

How big is unit 112?

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

What is unit 112 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 112, Ritz Residence

Starts from the last sale price (AED 405K, 15 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 405,000
Deposit, UAE resident (20%)
AED 81,000
Deposit, non-resident (40%)
AED 162,000
Monthly over 25 years at 3.7%
AED 1,657

Plus AED 19,920 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →