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1-bed · 793 sqftRitz Residence, International City Phase 2 & 3 · 2nd floor · completed 2009

217, Ritz Residence

Sold prices and rental history: sold 3 times, last in April 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 217 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 610K23 April 2014
Current rentAED 41K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 217, Ritz Residence

What is 217 worth today?

Last sold for AED 610,000 in 2014

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1 Oct 2025RentedRenewal
AED 40,500/yr12 months · AED 51 per sqft
1 Oct 2024RentedRenewal
AED 40,500/yr12 months · AED 51 per sqft
19 Sep 2022RentedNew contract
AED 32,903/yr12 months · AED 42 per sqft
20 Aug 2020RentedNew contract
AED 30,000/yr12 months · AED 38 per sqft
5 Jul 2018RentedRenewal
AED 50,000/yr12 months · AED 63 per sqft
5 Jul 2017RentedNew contract
AED 50,000/yr12 months · AED 63 per sqft
1 May 2016RentedNew contract
AED 54,000/yr12 months · AED 68 per sqft
1 Aug 2014RentedNew contract
AED 54,146/yr12 months · AED 68 per sqft

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

Key facts

Type
1-bed apartment
Size
793 sqft
Floor
2nd of 7
Parking
B2-41
Developer
Alwifaq Investment Properties
Completed
2009
Service charge
AED 11,300 /yr
Last sold
AED 610K · April 2014
Building
Ritz Residence

About 217, Ritz Residence

217 is a one-bedroom apartment of 793 sqft on the 2nd 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 23 April 2014 for AED 610,000, or AED 769 per sqft, 25% above the AED 615 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 40,500 a year: a gross yield of 6.6% on the 2014 price, before the service charge of about AED 11,300 a year.

Sales and rents for 217 over time

Sales
Unit 217, 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, March 2012: AED 630,000 (AED 794 per sqft)Sold, May 2013: AED 400,000 (AED 504 per sqft)Sold, April 2014: AED 610,000 (AED 769 per sqft)

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

Rents
Unit 217, each contractTypical one-bed in Ritz Residence
40K2012201620202024Typical 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 2013: AED 43,000 a yearNew contract, August 2014: AED 54,146 a yearNew contract, May 2016: AED 54,000 a yearNew contract, July 2017: AED 50,000 a yearRenewal, July 2018: AED 50,000 a yearNew contract, August 2020: AED 30,000 a yearNew contract, September 2022: AED 32,903 a yearRenewal, October 2024: AED 40,500 a yearRenewal, October 2025: AED 40,500 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 217 sits

All 71 1-beds →

217 last sold in April 2014 at AED 769 per sqft, 25% above what one-beds in Ritz Residence were fetching at the time (AED 615). 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. 217's AED 40,500 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 2nd floor

All 150 units in Ritz Residence
Value
2011-bedAED 400K · Oct 2024
202StudioAED 370K · Dec 2011
203StudioAED 350K · Apr 2024
204StudioAED 295K · Jan 2024
205StudioAED 320K · Nov 2023
206StudioAED 233K · Oct 2012
207StudioAED 223K · Sep 2012
1–7 of 23

217, Ritz Residence in numbers

  • Sold 3 times: first on 28 March 2012 for AED 630,000, last on 23 April 2014 for AED 610,000 (AED 769 per sqft).
  • Rented since July 2013 on 9 Ejari contracts. The rent fell from AED 43,000 to AED 30,000 in 2020 and recovered to AED 40,500 by October 2025.
  • At AED 40,500 a year the gross yield on the 2014 price is 6.6%, 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 1 October 2025.

Questions about 217, Ritz Residence

What did unit 217 last sell for?

AED 610,000 on 23 April 2014: AED 769 per sqft for 793 sqft. The unit has 3 registered sales; the first was AED 630,000 in March 2012.

What is the rent for unit 217?

AED 40,500 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 40,500; the unit has been rented since July 2013.

How big is unit 217?

793 sqft (73.7 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 217 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 217, Ritz Residence

Starts from the last sale price (AED 610K, 23 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

Plus AED 30,630 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →