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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 4 September 2026
Last soldAED 450K25 November 2024
Current rentAED 54K /yr4 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 314, Ritz Residence

What is 314 worth today?

Last sold for AED 450,000 in 2024

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4 Sep 2026RentedNew contract
AED 54,000/yr12 months · AED 69 per sqft
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

Source: Dubai Land Department. Updated 4 September 2026.

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, 3% above the AED 559 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 4 September 2026, is AED 54,000 a year: a gross yield of 12.0% 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
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, 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
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, 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 yearNew contract, September 2026: AED 54,000 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 75 1-beds →

314 last sold in November 2024 at AED 577 per sqft, 3% above what one-beds in Ritz Residence were fetching at the time (AED 559). 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. 314's AED 54,000 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 41K /yr
Typical yield
8.2%
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 7 Ejari contracts. The rent fell from AED 50,000 to AED 42,500 in 2019 and recovered to AED 54,000 by September 2026.
  • At AED 54,000 a year the gross yield on the 2024 price is 12.0%, before a service charge of about AED 11,200 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 4 September 2026.

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 54,000 a year on the contract signed on 4 September 2026. The previous contract, from November 2025, 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 330,000 to 700,000 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →