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1-bed · 780 sqftRitz Residence, International City Phase 2 & 3 · 3rd floor · completed 2009

314, Ritz Residence

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 314 · DLD and Ejari recordsUpdated 15 November 2025
Last soldAED 450K25 November 2024
Current rentAED 47K /yr15 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 314, Ritz Residence

What is 314 worth today?

Last sold for AED 450,000 in 2024

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15 Nov 2025RentedRenewal
AED 47,000/yr12 months · AED 60 per sqft
25 Nov 2024SoldReady
AED 450,000AED 577 per sqft
15 Nov 2024RentedNew contract
AED 47,000/yr12 months · AED 60 per sqft
1 Nov 2019RentedNew contract
AED 42,500/yr12 months · AED 55 per sqft
2 Nov 2018RentedRenewal
AED 45,000/yr12 months · AED 58 per sqft
1 Nov 2017RentedNew contract
AED 46,870/yr12 months · AED 60 per sqft
15 Jul 2015Sold by developerReady
AED 610,000AED 782 per sqft
26 Aug 2014RentedNew contract
AED 50,000/yr12 months · AED 65 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2025.

Key facts

Type
1-bed apartment
Size
780 sqft
Floor
3rd of 7
Parking
B2-64
Developer
Alwifaq Investment Properties
Completed
2009
Service charge
AED 11,200 /yr
Last sold
AED 450K · November 2024
Building
Ritz Residence

About 314, Ritz Residence

314 is a one-bedroom apartment of 780 sqft on the 3rd 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 25 November 2024 for AED 450,000, or AED 577 per sqft, in line with the AED 569 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 15 November 2025, is AED 47,000 a year: a gross yield of 10.4% on the 2024 price, before the service charge of about AED 11,200 a year.

Sales and rents for 314 over time

Sales
Unit 314, 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 2015: AED 610,000 (AED 782 per sqft)Sold, November 2024: AED 450,000 (AED 577 per sqft)

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

Rents
Unit 314, 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, August 2014: AED 50,000 a yearNew contract, November 2017: AED 46,870 a yearRenewal, November 2018: AED 45,000 a yearNew contract, November 2019: AED 42,500 a yearNew contract, November 2024: AED 47,000 a yearRenewal, November 2025: AED 47,000 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 314 sits

All 71 1-beds →

314 last sold in November 2024 at AED 577 per sqft, in line with what one-beds in Ritz Residence were fetching at the time (AED 569). 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. 314's AED 47,000 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 3rd floor

All 150 units in Ritz Residence
Value
3011-bedAED 360K · Jul 2023
302StudioAED 270K · Dec 2019
303StudioAED 395K · Dec 2011
304StudioAED 395K · Dec 2011
305StudioAED 395K · Feb 2012
306StudioAED 395K · Oct 2012
307StudioAED 388K · Aug 2012
1–7 of 23

314, Ritz Residence in numbers

  • Sold twice: first on 15 July 2015 for AED 610,000, last on 25 November 2024 for AED 450,000 (AED 577 per sqft).
  • Rented since August 2014 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 42,500 in 2019 and recovered to AED 47,000 by November 2025.
  • At AED 47,000 a year the gross yield on the 2024 price is 10.4%, before a service charge of about AED 11,200 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 15 November 2025.

Questions about 314, Ritz Residence

What did unit 314 last sell for?

AED 450,000 on 25 November 2024: AED 577 per sqft for 780 sqft. The unit has 2 registered sales; the first was AED 610,000 in July 2015.

What is the rent for unit 314?

AED 47,000 a year on the contract renewed on 15 November 2025. The previous contract, from November 2024, was AED 47,000; the unit has been rented since August 2014.

How big is unit 314?

780 sqft (72.5 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.

What is unit 314 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 314, Ritz Residence

Starts from the last sale price (AED 450K, 25 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

Plus AED 21,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →