509, Ritz Residence
Sold prices and rental history: sold 5 times, last in August 2025, and rented once, from January 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Ritz Residence
What is 509 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 4 August 2025.
Key facts
- Type
- Apartment
- Size
- 882 sqft
- Floor
- 5th of 7
- Parking
- B1-11
- Developer
- Alwifaq Investment Properties
- Completed
- 2009
- Service charge
- AED 12,600 /yr
- Last sold
- AED 600K · August 2025
- Building
- Ritz Residence
About 509, Ritz Residence
509 is an apartment of 882 sqft on the 5th 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 4 August 2025 for AED 600,000, or AED 680 per sqft.
One Ejari contract is registered, from 25 January 2012. The current contract, signed on 25 January 2012, is AED 32,000 a year: a gross yield of 5.3% on the 2025 price, before the service charge of about AED 12,600 a year.
Ritz Residence
Building150 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%
Other units on the 5th floor
All 150 units in Ritz Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 461 sqft | AED 367KAED 367,000 · Apr 2025April 2025 | 33,500 /yr | |
| 502 | Studio | 568 sqft | AED 437KAED 437,000 · Jun 2023June 2023 | ||
| 503 | Studio | 563 sqft | AED 275KAED 275,000 · Jun 2023June 2023 | 35,000 /yr | |
| 504 | Studio | 569 sqft | AED 415KAED 415,000 · Dec 2024December 2024 | 36,000 /yr | |
| 505 | Studio | 636 sqft | AED 410KAED 410,000 · May 2017May 2017 | 45,000 /yr | |
| 506 | Studio | 715 sqft | AED 410KAED 410,000 · Dec 2024December 2024 | 30,000 /yr | |
| 507 | 1-bed | 882 sqft | AED 380KAED 380,000 · Feb 2023February 2023 | 38,000 /yr | |
| 508 | 1-bed | 880 sqft | AED 506KAED 506,000 · May 2023May 2023 | 33,000 /yr | |
| 510 | 1-bed | 882 sqft | AED 447KAED 447,000 · May 2024May 2024 | 43,500 /yr | |
| 511 | 1-bed | 883 sqft | AED 506KAED 506,000 · Jun 2023June 2023 | 40,000 /yr | |
| 512 | 1-bed | 791 sqft | AED 500KAED 500,000 · May 2024May 2024 | 40,000 /yr | |
| 513 | 1-bed | 888 sqft | AED 540KAED 540,000 · Jan 2025January 2025 | 41,477 /yr | |
| 514 | 1-bed | 889 sqft | AED 375KAED 375,000 · Nov 2022November 2022 | 35,000 /yr | |
| 515 | 1-bed | 1,088 sqft | AED 360KAED 360,000 · Jun 2023June 2023 | 32,000 /yr | |
| 516 | Studio | 619 sqft | AED 315KAED 315,000 · Dec 2023December 2023 | 36,000 /yr | |
| 517 | Studio | 549 sqft | AED 385KAED 385,000 · Sep 2024September 2024 | 39,893 /yr | |
| 518 | 620 sqft | AED 465KAED 465,000 · Nov 2025November 2025 | 36,000 /yr |
509, Ritz Residence in numbers
- Sold 5 times: first on 5 July 2012 for AED 696,000, last on 4 August 2025 for AED 600,000 (AED 680 per sqft).
- Rented since January 2012 on one Ejari contract, at AED 32,000 a year.
- At AED 32,000 a year the gross yield on the 2025 price is 5.3%, before a service charge of about AED 12,600 a year (AED 14.31 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 4 August 2025.
Questions about 509, Ritz Residence
What did unit 509 last sell for?
AED 600,000 on 4 August 2025: AED 680 per sqft for 882 sqft. The unit has 5 registered sales; the first was AED 696,000 in July 2012.
What is the rent for unit 509?
AED 32,000 a year on the contract signed on 25 January 2012.
How big is unit 509?
882 sqft (81.9 sqm): an apartment on the 5th floor of a 7-storey tower completed in 2009.
What is unit 509 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 509, Ritz Residence
Starts from the last sale price (AED 600K, 4 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus AED 30,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →