513, Ritz Residence
Sold prices and rental history: sold 3 times, last in January 2025, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 513, Ritz Residence
What is 513 worth today?
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Source: Dubai Land Department. Updated 20 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 888 sqft
- Floor
- 5th of 7
- Parking
- B1-15
- Developer
- Alwifaq Investment Properties
- Completed
- 2009
- Service charge
- AED 12,700 /yr
- Last sold
- AED 540K · January 2025
- Building
- Ritz Residence
About 513, Ritz Residence
513 is a one-bedroom apartment of 888 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 30 January 2025 for AED 540,000, or AED 608 per sqft, 8% above the AED 561 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, signed on 20 July 2025, is AED 41,477 a year: a gross yield of 7.7% on the 2025 price, before the service charge of about AED 12,700 a year.
Sales and rents for 513 over time
513 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 513 sits
All 75 1-beds →513 last sold in January 2025 at AED 608 per sqft, 8% above what one-beds in Ritz Residence were fetching at the time (AED 561). 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. 513's AED 41,477 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Aug 202626 August 2026 | 880 sqft | 680,000 | 772 | ||
| 18 Jun 202618 June 2026 | 820 sqft | 700,000 | 853 | ||
| 15 May 202615 May 2026 | 794 sqft | 670,000 | 843 | ||
| 13 May 202613 May 2026 | 370 sqft | 330,000 | 891 |
Ritz Residence
Building150 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%
Other units on the 5th floor
All 150 units in Ritz Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 461 sqft | AED 367KAED 367,000 · Apr 2025April 2025 | 33,000 /yr | |
| 502 | Studio | 568 sqft | AED 437KAED 437,000 · Jun 2023June 2023 | ||
| 503 | Studio | 563 sqft | AED 275KAED 275,000 · Jun 2023June 2023 | 40,000 /yr | |
| 504 | Studio | 569 sqft | AED 415KAED 415,000 · Dec 2024December 2024 | 35,000 /yr | |
| 505 | Studio | 636 sqft | AED 410KAED 410,000 · May 2017May 2017 | 45,000 /yr | |
| 506 | Studio | 715 sqft | AED 410KAED 410,000 · Dec 2024December 2024 | 30,000 /yr | |
| 507 | 1-bed | 882 sqft | AED 380KAED 380,000 · Feb 2023February 2023 | 40,000 /yr | |
| 508 | 1-bed | 880 sqft | AED 680KAED 680,000 · Aug 2026August 2026 | 50,000 /yr | |
| 509 | 1-bed | 882 sqft | AED 600KAED 600,000 · Aug 2025August 2025 | 32,000 /yr | |
| 510 | 1-bed | 882 sqft | AED 447KAED 447,000 · May 2024May 2024 | 43,500 /yr | |
| 511 | 1-bed | 883 sqft | AED 506KAED 506,000 · Jun 2023June 2023 | 40,000 /yr | |
| 512 | 1-bed | 791 sqft | AED 500KAED 500,000 · May 2024May 2024 | 40,000 /yr | |
| 514 | 1-bed | 889 sqft | AED 375KAED 375,000 · Nov 2022November 2022 | 30,000 /yr | |
| 515 | 1-bed | 1,088 sqft | AED 360KAED 360,000 · Jun 2023June 2023 | 61,000 /yr | |
| 516 | Studio | 619 sqft | AED 315KAED 315,000 · Dec 2023December 2023 | 33,000 /yr | |
| 517 | Studio | 549 sqft | AED 385KAED 385,000 · Sep 2024September 2024 | 38,000 /yr | |
| 518 | Studio | 620 sqft | AED 465KAED 465,000 · Nov 2025November 2025 | 36,000 /yr |
513, Ritz Residence in numbers
- Sold 3 times: first on 17 January 2023 for AED 370,000, last on 30 January 2025 for AED 540,000 (AED 608 per sqft).
- Rented since November 2012 on 12 Ejari contracts, from AED 32,000 to AED 41,477 a year.
- At AED 41,477 a year the gross yield on the 2025 price is 7.7%, before a service charge of about AED 12,700 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 July 2025.
Questions about 513, Ritz Residence
What did unit 513 last sell for?
AED 540,000 on 30 January 2025: AED 608 per sqft for 888 sqft. The unit has 3 registered sales; the first was AED 370,000 in January 2023.
What is the rent for unit 513?
AED 41,477 a year on the contract signed on 20 July 2025. The previous contract, from July 2024, was AED 38,500; the unit has been rented since November 2012.
How big is unit 513?
888 sqft (82.5 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.
What is unit 513 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 513, Ritz Residence
Starts from the last sale price (AED 540K, 30 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 540,000
- Deposit, UAE resident (20%)
- AED 108,000
- Deposit, non-resident (40%)
- AED 216,000
- Monthly over 25 years at 3.7%
- AED 2,209
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →