601, Ritz Residence
Sold prices and rental history: sold twice, last in January 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 601, Ritz Residence
What is 601 worth today?
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Source: Dubai Land Department. Updated 15 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 359 sqft
- Floor
- 6th of 7
- Parking
- B1-21
- Developer
- Alwifaq Investment Properties
- Completed
- 2009
- Service charge
- AED 5,100 /yr
- Last sold
- AED 220K · January 2021
- Building
- Ritz Residence
About 601, Ritz Residence
601 is a studio of 359 sqft on the 6th 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 26 January 2021 for AED 220,000, or AED 613 per sqft.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 15 December 2025, is AED 60,000 a year: a gross yield of 27.3% on the 2021 price, before the service charge of about AED 5,100 a year.
Sales and rents for 601 over time
601 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Ritz Residence, and where 601 sits
All 75 studios →Over the last 12 months studios sold for AED 410,000 to 465,000, around AED 828 per sqft, and rent for AED 25,000 to 60,000 a year. 601's AED 60,000 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 411 sqft | 420,000 | 1,022 | ||
| 21 Nov 202521 November 2025 | 620 sqft | 465,000 | 749 | ||
| 10 Nov 202510 November 2025 | 495 sqft | 410,000 | 828 | ||
| 9 Sep 20259 September 2025 | 442 sqft | 425,000 | 962 |
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 41K /yr
- Typical yield
- 8.2%
Other units on the 6th floor
All 150 units in Ritz Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | Studio | 446 sqft | AED 383KAED 383,000 · Mar 2014March 2014 | 38,000 /yr | |
| 603 | Studio | 440 sqft | AED 400KAED 400,000 · Dec 2012December 2012 | 35,000 /yr | |
| 604 | Studio | 447 sqft | AED 360KAED 360,200 · Jul 2015July 2015 | 23,500 /yr | |
| 605 | Studio | 445 sqft | AED 388KAED 388,000 · Feb 2012February 2012 | 22,000 /yr | |
| 606 | Studio | 423 sqft | AED 350KAED 350,000 · Dec 2024December 2024 | 30,000 /yr | |
| 607 | 1-bed | 794 sqft | AED 630KAED 630,000 · Sep 2012September 2012 | 29,911 /yr | |
| 608 | 1-bed | 793 sqft | AED 445KAED 445,000 · Aug 2024August 2024 | 54,000 /yr | |
| 609 | 1-bed | 795 sqft | AED 635KAED 635,000 · Dec 2012December 2012 | 40,000 /yr | |
| 610 | 1-bed | 795 sqft | AED 360KAED 360,000 · Jun 2022June 2022 | 32,308 /yr | |
| 611 | 1-bed | 370 sqft | AED 330KAED 330,000 · May 2026May 2026 | 52,000 /yr | |
| 612 | 1-bed | 746 sqft | AED 565KAED 565,000 · Nov 2025November 2025 | 38,500 /yr | |
| 613 | 1-bed | 809 sqft | AED 311KAED 310,972 · Mar 2022March 2022 | 50,000 /yr | |
| 614 | 1-bed | 758 sqft | AED 665KAED 665,000 · Nov 2012November 2012 | 40,950 /yr | |
| 615 | 1-bed | 753 sqft | AED 360KAED 360,000 · Jul 2023July 2023 | 60,000 /yr | |
| 616 | Studio | 477 sqft | AED 405KAED 405,000 · Oct 2012October 2012 | 32,000 /yr | |
| 617 | Studio | 495 sqft | AED 410KAED 410,000 · Nov 2025November 2025 | 35,000 /yr | |
| 618 | Studio | 543 sqft | AED 245KAED 245,000 · Sep 2022September 2022 | 42,000 /yr |
601, Ritz Residence in numbers
- Sold twice: first on 14 July 2014 for AED 350,000, last on 26 January 2021 for AED 220,000 (AED 613 per sqft).
- Rented since April 2013 on 11 Ejari contracts. The rent fell from AED 21,000 to AED 17,500 in 2021 and recovered to AED 60,000 by December 2025.
- At AED 60,000 a year the gross yield on the 2021 price is 27.3%, before a service charge of about AED 5,100 a year (AED 14.31 per sqft).
- Studios in Ritz Residence sold for AED 410,000–465,000 in the 12 months to November 2026; the building's median across all types is AED 833 per sqft.
Source: Dubai Land Department. Updated 15 December 2025.
Questions about 601, Ritz Residence
What did unit 601 last sell for?
AED 220,000 on 26 January 2021: AED 613 per sqft for 359 sqft. The unit has 2 registered sales; the first was AED 350,000 in July 2014.
What is the rent for unit 601?
AED 60,000 a year on the contract signed on 15 December 2025. The previous contract, from November 2024, was AED 35,000; the unit has been rented since April 2013.
How big is unit 601?
359 sqft (33.4 sqm): a studio on the 6th floor of a 7-storey tower completed in 2009.
What is unit 601 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Ritz Residence sold for AED 410,000 to 465,000 in the last 12 months, around AED 828 per sqft.
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Mortgage on 601, Ritz Residence
Starts from the last sale price (AED 220K, 26 January 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 220,000
- Deposit, UAE resident (20%)
- AED 44,000
- Deposit, non-resident (40%)
- AED 88,000
- Monthly over 25 years at 3.7%
- AED 900
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →