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1-bed · 820 sqftRitz Residence, International City Phase 2 & 3 · 1st floor · completed 2009

113, Ritz Residence

Sold prices and rental history: sold 3 times, last in September 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 113 · DLD and Ejari recordsUpdated 4 September 2025
Last soldAED 383K2 September 2021
Current rentAED 30K /yr4 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 113, Ritz Residence

What is 113 worth today?

Last sold for AED 383,000 in 2021

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4 Sep 2025RentedRenewal
AED 30,000/yr24 months · AED 37 per sqft
4 Sep 2023RentedRenewal
AED 25,000/yr24 months · AED 31 per sqft
4 Sep 2022RentedRenewal
AED 15,000/yr12 months · AED 18 per sqft
2 Sep 2021SoldReady
AED 383,000AED 467 per sqft
4 Jul 2021SoldReady
AED 335,000AED 408 per sqft
1 Jun 2020RentedNew contract
AED 32,000/yr12 months · AED 39 per sqft
26 Sep 2016RentedNew contract
AED 42,000/yr12 months · AED 51 per sqft
10 Sep 2014RentedNew contract
AED 37,396/yr12 months · AED 46 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 September 2025.

Key facts

Type
1-bed apartment
Size
820 sqft
Floor
1st of 7
Parking
B2-13
Developer
Alwifaq Investment Properties
Completed
2009
Service charge
AED 11,700 /yr
Last sold
AED 383K · September 2021
Building
Ritz Residence

About 113, Ritz Residence

113 is a one-bedroom apartment of 820 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 2 September 2021 for AED 383,000, or AED 467 per sqft, 9% above the AED 428 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 4 September 2025, is AED 30,000 a year: a gross yield of 7.8% on the 2021 price, before the service charge of about AED 11,700 a year.

Sales and rents for 113 over time

Sales
Unit 113, 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, July 2012: AED 683,000 (AED 833 per sqft)Sold, July 2021: AED 335,000 (AED 408 per sqft)Sold, September 2021: AED 383,000 (AED 467 per sqft)

113 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 113, 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, September 2012: AED 32,000 a yearNew contract, September 2013: AED 35,000 a yearNew contract, September 2014: AED 37,396 a yearNew contract, September 2016: AED 42,000 a yearNew contract, June 2020: AED 32,000 a yearRenewal, September 2022: AED 15,000 a yearRenewal, September 2023: AED 25,000 a yearRenewal, September 2025: AED 30,000 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 113 sits

All 71 1-beds →

113 last sold in September 2021 at AED 467 per sqft, 9% above what one-beds in Ritz Residence were fetching at the time (AED 428). 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. 113's AED 30,000 is at the bottom 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

113, Ritz Residence in numbers

  • Sold 3 times: first on 5 July 2012 for AED 683,000, last on 2 September 2021 for AED 383,000 (AED 467 per sqft).
  • Rented since September 2012 on 8 Ejari contracts. The rent fell from AED 32,000 to AED 15,000 in 2022 and recovered to AED 30,000 by September 2025.
  • At AED 30,000 a year the gross yield on the 2021 price is 7.8%, before a service charge of about AED 11,700 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 4 September 2025.

Questions about 113, Ritz Residence

What did unit 113 last sell for?

AED 383,000 on 2 September 2021: AED 467 per sqft for 820 sqft. The unit has 3 registered sales; the first was AED 683,000 in July 2012.

What is the rent for unit 113?

AED 30,000 a year on the contract renewed on 4 September 2025. The previous contract, from September 2023, was AED 25,000; the unit has been rented since September 2012.

How big is unit 113?

820 sqft (76.2 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower completed in 2009.

What is unit 113 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 113, Ritz Residence

Starts from the last sale price (AED 383K, 2 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 383,000
Deposit, UAE resident (20%)
AED 76,600
Deposit, non-resident (40%)
AED 153,200
Monthly over 25 years at 3.7%
AED 1,567

Plus AED 18,996 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →