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1-bed · 761 sqftRitz Residence, International City Phase 2 & 3 · 4th floor · completed 2009

412, Ritz Residence

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 11 August 2025
Last soldAED 410K7 July 2023
Current rentAED 52K /yr11 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 412, Ritz Residence

What is 412 worth today?

Last sold for AED 410,000 in 2023

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11 Aug 2025RentedNew contract
AED 51,500/yr12 months · AED 68 per sqft
28 Jul 2024RentedNew contract
AED 47,000/yr12 months · AED 62 per sqft
18 Jul 2023RentedNew contract
AED 38,000/yr12 months · AED 50 per sqft
7 Jul 2023SoldReady
AED 410,000AED 538 per sqft
1 Mar 2022RentedNew contract
AED 32,000/yr12 months · AED 42 per sqft
15 Feb 2021RentedNew contract
AED 30,000/yr12 months · AED 39 per sqft
19 Mar 2020RentedNew contract
AED 33,000/yr12 months · AED 43 per sqft
15 Aug 2017RentedNew contract
AED 44,879/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 11 August 2025.

Key facts

Type
1-bed apartment
Size
761 sqft
Floor
4th of 7
Parking
B2-86
Developer
Alwifaq Investment Properties
Completed
2009
Service charge
AED 10,900 /yr
Last sold
AED 410K · July 2023
Building
Ritz Residence

About 412, Ritz Residence

412 is a one-bedroom apartment of 761 sqft on the 4th 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 7 July 2023 for AED 410,000, or AED 538 per sqft, 16% above the AED 465 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 11 August 2025, is AED 51,500 a year: a gross yield of 12.6% on the 2023 price, before the service charge of about AED 10,900 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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, May 2014: AED 610,000 (AED 801 per sqft)Sold, July 2023: AED 410,000 (AED 538 per sqft)

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

Rents
Unit 412, each contractTypical one-bed in Ritz Residence
30K40K50K2012201620202024Typical 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, July 2013: AED 42,885 a yearNew contract, July 2014: AED 43,200 a yearRenewal, August 2016: AED 45,000 a yearNew contract, August 2017: AED 44,879 a yearNew contract, March 2020: AED 33,000 a yearNew contract, February 2021: AED 30,000 a yearNew contract, March 2022: AED 32,000 a yearNew contract, July 2023: AED 38,000 a yearNew contract, July 2024: AED 47,000 a yearNew contract, August 2025: AED 51,500 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 412 sits

All 75 1-beds →

412 last sold in July 2023 at AED 538 per sqft, 16% above 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. 412's AED 51,500 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 4th floor

All 150 units in Ritz Residence
Value
4011-bedAED 360K · Aug 2023
402StudioAED 230K · Oct 2022
403StudioAED 210K · Aug 2014
404StudioAED 329K · Apr 2024
405StudioAED 425K · Sep 2025
406StudioAED 370K · Oct 2012
407StudioAED 365K · Aug 2016
1–7 of 23

412, Ritz Residence in numbers

  • Sold twice: first on 1 May 2014 for AED 610,000, last on 7 July 2023 for AED 410,000 (AED 538 per sqft).
  • Rented since July 2013 on 10 Ejari contracts. The rent fell from AED 42,885 to AED 30,000 in 2021 and recovered to AED 51,500 by August 2025.
  • At AED 51,500 a year the gross yield on the 2023 price is 12.6%, before a service charge of about AED 10,900 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 11 August 2025.

Questions about 412, Ritz Residence

What did unit 412 last sell for?

AED 410,000 on 7 July 2023: AED 538 per sqft for 761 sqft. The unit has 2 registered sales; the first was AED 610,000 in May 2014.

What is the rent for unit 412?

AED 51,500 a year on the contract signed on 11 August 2025. The previous contract, from July 2024, was AED 47,000; the unit has been rented since July 2013.

How big is unit 412?

761 sqft (70.7 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.

What is unit 412 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 412, Ritz Residence

Starts from the last sale price (AED 410K, 7 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

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