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1-bed · 883 sqftRitz Residence, International City Phase 2 & 3 · 3rd floor · completed 2009

319, Ritz Residence

Sold prices and rental history: sold once, by the developer in February 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 319 · DLD and Ejari recordsUpdated 8 August 2025
Last soldAED 380K6 February 2023
Current rentAED 52K /yr8 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 319, Ritz Residence

What is 319 worth today?

Last sold for AED 380,000 in 2023

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8 Aug 2025RentedNew contract
AED 51,839/yr12 months · AED 59 per sqft
7 Aug 2024RentedNew contract
AED 47,000/yr12 months · AED 53 per sqft
15 Dec 2023RentedNew contract
AED 42,000/yr12 months · AED 48 per sqft
10 Feb 2023RentedNew contract
AED 35,000/yr12 months · AED 40 per sqft
6 Feb 2023Sold by developerReady
AED 380,000AED 430 per sqft
15 Jul 2021RentedNew contract
AED 30,000/yr14 months · AED 34 per sqft
3 Jun 2020RentedRenewal
AED 37,500/yr12 months · AED 42 per sqft
3 Jun 2019RentedNew contract
AED 42,500/yr12 months · AED 48 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 August 2025.

Key facts

Type
1-bed apartment
Size
883 sqft
Floor
3rd of 7
Parking
B2-69
Developer
Alwifaq Investment Properties
Completed
2009
Service charge
AED 12,600 /yr
Last sold
AED 380K · February 2023
Building
Ritz Residence

About 319, Ritz Residence

319 is a one-bedroom apartment of 883 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. The developer sold it on 6 February 2023 for AED 380,000, or AED 430 per sqft, in line with the AED 435 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 8 August 2025, is AED 51,839 a year: a gross yield of 13.6% on the 2023 price, before the service charge of about AED 12,600 a year.

Sales and rents for 319 over time

Sales
Unit 319, 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, February 2023: AED 380,000 (AED 430 per sqft)

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

Rents
Unit 319, 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, June 2013: AED 37,895 a yearNew contract, June 2017: AED 44,751 a yearNew contract, June 2019: AED 42,500 a yearRenewal, June 2020: AED 37,500 a yearNew contract, July 2021: AED 30,000 a yearNew contract, February 2023: AED 35,000 a yearNew contract, December 2023: AED 42,000 a yearNew contract, August 2024: AED 47,000 a yearNew contract, August 2025: AED 51,839 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 319 sits

All 71 1-beds →

319 last sold in February 2023 at AED 430 per sqft, in line with what one-beds in Ritz Residence were fetching at the time (AED 435). 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. 319's AED 51,839 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 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

319, Ritz Residence in numbers

  • Sold once: by Alwifaq Investment Properties on 6 February 2023 for AED 380,000, or AED 430 per sqft.
  • Rented since June 2013 on 9 Ejari contracts. The rent fell from AED 37,895 to AED 30,000 in 2021 and recovered to AED 51,839 by August 2025.
  • At AED 51,839 a year the gross yield on the 2023 price is 13.6%, before a service charge of about AED 12,600 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 8 August 2025.

Questions about 319, Ritz Residence

What did unit 319 last sell for?

AED 380,000 on 6 February 2023, sold by the developer: AED 430 per sqft for 883 sqft. It is the only registered sale of the unit.

What is the rent for unit 319?

AED 51,839 a year on the contract signed on 8 August 2025. The previous contract, from August 2024, was AED 47,000; the unit has been rented since June 2013.

How big is unit 319?

883 sqft (82.0 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.

What is unit 319 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 319, Ritz Residence

Starts from the last sale price (AED 380K, 6 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

Plus AED 18,870 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →