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1-bed · 793 sqftRitz Residence, International City Phase 2 & 3 · 3rd floor · completed 2009

317, Ritz Residence

Sold prices and rental history: sold twice, last in April 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 317 · DLD and Ejari recordsUpdated 20 February 2026
Last soldAED 865K23 April 2015
Current rentAED 50K /yr20 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 317, Ritz Residence

What is 317 worth today?

Last sold for AED 865,000 in 2015

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20 Feb 2026RentedRenewal
AED 50,000/yr12 months · AED 63 per sqft
20 Feb 2025RentedRenewal
AED 42,000/yr12 months · AED 53 per sqft
20 Feb 2025RentedRenewal
AED 42,000/yr12 months · AED 53 per sqft
20 Feb 2024RentedRenewal
AED 39,000/yr12 months · AED 49 per sqft
20 Feb 2023RentedNew contract
AED 35,000/yr12 months · AED 44 per sqft
15 Feb 2022RentedRenewal
AED 30,000/yr12 months · AED 38 per sqft
1 Feb 2021RentedNew contract
AED 28,800/yr12 months · AED 37 per sqft
1 Feb 2021RentedNew contract
AED 30,000/yr12 months · AED 38 per sqft

Source: Dubai Land Department. Updated 20 February 2026.

Key facts

Type
1-bed apartment
Size
793 sqft
Floor
3rd of 7
Parking
B2-67
Developer
Alwifaq Investment Properties
Completed
2009
Service charge
AED 11,300 /yr
Last sold
AED 865K · April 2015
Building
Ritz Residence

About 317, Ritz Residence

317 is a one-bedroom apartment of 793 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 23 April 2015 for AED 865,000, or AED 1,091 per sqft, 41% above the AED 772 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 15 Ejari contracts. The current contract, renewed on 20 February 2026, is AED 50,000 a year: a gross yield of 5.8% on the 2015 price, before the service charge of about AED 11,300 a year.

Sales and rents for 317 over time

Sales
Unit 317, each saleTypical one-bed in Ritz Residence
250K500K750K20112015201920232027Typical 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, January 2012: AED 665,000 (AED 838 per sqft)Sold, April 2015: AED 865,000 (AED 1,091 per sqft)

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

Rents
Unit 317, each contractTypical one-bed in Ritz Residence
40K60K2012201620202024Typical 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, April 2013: AED 38,000 a yearNew contract, April 2014: AED 42,000 a yearNew contract, January 2016: AED 60,000 a yearNew contract, September 2016: AED 60,000 a yearNew contract, September 2017: AED 55,000 a yearNew contract, September 2018: AED 47,000 a yearNew contract, October 2019: AED 44,000 a yearNew contract, February 2021: AED 28,800 a yearNew contract, February 2021: AED 30,000 a yearRenewal, February 2022: AED 30,000 a yearNew contract, February 2023: AED 35,000 a yearRenewal, February 2024: AED 39,000 a yearRenewal, February 2025: AED 42,000 a yearRenewal, February 2025: AED 42,000 a yearRenewal, February 2026: AED 50,000 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 317 sits

All 75 1-beds →

317 last sold in April 2015 at AED 1,091 per sqft, 41% above what one-beds in Ritz Residence were fetching at the time (AED 772). 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. 317's AED 50,000 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

317, Ritz Residence in numbers

  • Sold twice: first on 31 January 2012 for AED 665,000, last on 23 April 2015 for AED 865,000 (AED 1,091 per sqft).
  • Rented since April 2013 on 15 Ejari contracts. The rent fell from AED 38,000 to AED 28,800 in 2021 and recovered to AED 50,000 by February 2026.
  • At AED 50,000 a year the gross yield on the 2015 price is 5.8%, before a service charge of about AED 11,300 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 20 February 2026.

Questions about 317, Ritz Residence

What did unit 317 last sell for?

AED 865,000 on 23 April 2015: AED 1,091 per sqft for 793 sqft. The unit has 2 registered sales; the first was AED 665,000 in January 2012.

What is the rent for unit 317?

AED 50,000 a year on the contract renewed on 20 February 2026. The previous contract, from February 2025, was AED 42,000; the unit has been rented since April 2013.

How big is unit 317?

793 sqft (73.7 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.

What is unit 317 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 317, Ritz Residence

Starts from the last sale price (AED 865K, 23 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 865,000
Deposit, UAE resident (20%)
AED 173,000
Deposit, non-resident (40%)
AED 346,000
Monthly over 25 years at 3.7%
AED 3,539

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