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1-bed · 827 sqftRitz Residence, International City Phase 2 & 3 · 3rd floor · completed 2009

309, Ritz Residence

Sold prices and rental history: sold once, by the developer in October 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 10 January 2026
Last soldAED 360K29 October 2023
Current rentAED 52K /yr10 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 309, Ritz Residence

What is 309 worth today?

Last sold for AED 360,000 in 2023

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10 Jan 2026RentedNew contract
AED 52,000/yr12 months · AED 63 per sqft
10 Jan 2026RentedNew contract
AED 52,000/yr12 months · AED 63 per sqft
1 Jan 2025RentedNew contract
AED 44,000/yr12 months · AED 53 per sqft
15 Dec 2023RentedNew contract
AED 37,000/yr12 months · AED 45 per sqft
29 Oct 2023Sold by developerReady
AED 360,000AED 435 per sqft
1 Oct 2014RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 10 January 2026.

Key facts

Type
1-bed apartment
Size
827 sqft
Floor
3rd of 7
Parking
B2-59
Developer
Alwifaq Investment Properties
Completed
2009
Service charge
AED 11,800 /yr
Last sold
AED 360K · October 2023
Building
Ritz Residence

About 309, Ritz Residence

309 is a one-bedroom apartment of 827 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 29 October 2023 for AED 360,000, or AED 435 per sqft, 6% below the AED 465 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 10 January 2026, is AED 52,000 a year: a gross yield of 14.4% on the 2023 price, before the service charge of about AED 11,800 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in Ritz Residence
400K600K20112015201920232027Typical sale price by year: 2011 AED 630,000; 2012 AED 647,500; 2013 AED 400,000; 2014 AED 615,000; 2015 AED 620,000; 2016 AED 620,000; 2018 AED 332,500; 2021 AED 383,000; 2022 AED 365,000; 2023 AED 370,000; 2024 AED 447,000; 2025 AED 552,500; 2026 AED 675,000Sold by developer, October 2023: AED 360,000 (AED 435 per sqft)

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

Rents
Unit 309, each contractTypical one-bed in Ritz Residence
40K2012201620202024Typical rent by year: 2012 AED 32,000; 2013 AED 35,000; 2014 AED 39,779; 2015 AED 43,500; 2016 AED 49,862; 2017 AED 48,000; 2018 AED 45,000; 2019 AED 40,000; 2020 AED 32,500; 2021 AED 30,000; 2022 AED 32,000; 2023 AED 34,825; 2024 AED 40,000; 2025 AED 45,000; 2026 AED 50,000New contract, October 2014: AED 55,000 a yearNew contract, December 2023: AED 37,000 a yearNew contract, January 2025: AED 44,000 a yearNew contract, January 2026: AED 52,000 a yearNew contract, January 2026: AED 52,000 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 309 sits

All 75 1-beds →

309 last sold in October 2023 at AED 435 per sqft, 6% below what one-beds in Ritz Residence were fetching at the time (AED 465). Over the last 12 months one-beds sold for AED 330,000 to 700,000, around AED 838 per sqft, and rent for AED 25,000 to 63,000 a year. 309's AED 52,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Aug 2026680,000
18 Jun 2026700,000
15 May 2026670,000
13 May 2026330,000
7 1-bed sales 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. 10 sold in the last 12 months.

Typical price per sqft
AED 833 Up 26.2%
Typical sale
AED 565K
Typical rent
AED 40K /yr
Typical yield
8.3%
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

309, Ritz Residence in numbers

  • Sold once: by Alwifaq Investment Properties on 29 October 2023 for AED 360,000, or AED 435 per sqft.
  • Rented since October 2014 on 5 Ejari contracts. The rent fell from AED 55,000 to AED 37,000 in 2023 and recovered to AED 52,000 by January 2026.
  • At AED 52,000 a year the gross yield on the 2023 price is 14.4%, before a service charge of about AED 11,800 a year (AED 14.31 per sqft).
  • One-beds in Ritz Residence sold for AED 330,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 833 per sqft.

Source: Dubai Land Department. Updated 10 January 2026.

Questions about 309, Ritz Residence

What did unit 309 last sell for?

AED 360,000 on 29 October 2023, sold by the developer: AED 435 per sqft for 827 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 52,000 a year on the contract signed on 10 January 2026. The previous contract, from January 2026, was AED 52,000; the unit has been rented since October 2014.

How big is unit 309?

827 sqft (76.8 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.

What is unit 309 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 330,000 to 700,000 in the last 12 months, around AED 838 per sqft.

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Mortgage on 309, Ritz Residence

Starts from the last sale price (AED 360K, 29 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 360,000
Deposit, UAE resident (20%)
AED 72,000
Deposit, non-resident (40%)
AED 144,000
Monthly over 25 years at 3.7%
AED 1,473

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →