620 sqftRitz Residence, International City Phase 2 & 3 · 5th floor · completed 2009

518, Ritz Residence

Sold prices and rental history: sold 4 times, last in November 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 518 · DLD and Ejari recordsUpdated 21 November 2025
Last soldAED 465K21 November 2025
Current rentAED 36K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 518, Ritz Residence

What is 518 worth today?

Last sold for AED 465,000 in 2025

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21 Nov 2025SoldReady
AED 465,000AED 749 per sqft
1 Apr 2025RentedNew contract
AED 36,000/yr12 months · AED 58 per sqft
20 Mar 2025RentedNew contract
AED 30,000/yr12 months · AED 48 per sqft
25 Jan 2024SoldReady
AED 360,000AED 580 per sqft
13 Jun 2023SoldReady
AED 275,000AED 443 per sqft
5 Jul 2012Sold by developerReady
AED 440,000AED 709 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 November 2025.

Key facts

Type
Apartment
Size
620 sqft
Floor
5th of 7
Parking
B1-20
Developer
Alwifaq Investment Properties
Completed
2009
Service charge
AED 8,900 /yr
Last sold
AED 465K · November 2025

About 518, Ritz Residence

518 is an apartment of 620 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 21 November 2025 for AED 465,000, or AED 749 per sqft.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 April 2025, is AED 36,000 a year: a gross yield of 7.7% on the 2025 price, before the service charge of about AED 8,900 a year.

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 5th floor

All 150 units in Ritz Residence
Value
501StudioAED 367K · Apr 2025
502StudioAED 437K · Jun 2023
503StudioAED 275K · Jun 2023
504StudioAED 415K · Dec 2024
505StudioAED 410K · May 2017
506StudioAED 410K · Dec 2024
5071-bedAED 380K · Feb 2023
1–7 of 17

518, Ritz Residence in numbers

  • Sold 4 times: first on 5 July 2012 for AED 440,000, last on 21 November 2025 for AED 465,000 (AED 749 per sqft).
  • Rented since March 2025 on 2 Ejari contracts, from AED 30,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2025 price is 7.7%, before a service charge of about AED 8,900 a year (AED 14.31 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 21 November 2025.

Questions about 518, Ritz Residence

What did unit 518 last sell for?

AED 465,000 on 21 November 2025: AED 749 per sqft for 620 sqft. The unit has 4 registered sales; the first was AED 440,000 in July 2012.

What is the rent for unit 518?

AED 36,000 a year on the contract signed on 1 April 2025. The previous contract, from March 2025, was AED 30,000.

How big is unit 518?

620 sqft (57.6 sqm): an apartment on the 5th floor of a 7-storey tower completed in 2009.

What is unit 518 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 518, Ritz Residence

Starts from the last sale price (AED 465K, 21 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 465,000
Deposit, UAE resident (20%)
AED 93,000
Deposit, non-resident (40%)
AED 186,000
Monthly over 25 years at 3.7%
AED 1,902

Plus AED 22,440 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →