1-bed · 795 sqftRitz Residence, International City Phase 2 & 3 · 6th floor · completed 2009

610, Ritz Residence

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 610 · DLD and Ejari recordsUpdated 9 June 2022
Last soldAED 360K9 June 2022
Current rentAED 32K /yr25 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 610, Ritz Residence

What is 610 worth today?

Last sold for AED 360,000 in 2022

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9 Jun 2022SoldReady
AED 360,000AED 453 per sqft
25 Apr 2022RentedNew contract
AED 32,308/yr13 months · AED 41 per sqft
1 Nov 2020RentedNew contract
AED 30,000/yr12 months · AED 38 per sqft
17 Jan 2020RentedNew contract
AED 35,000/yr12 months · AED 44 per sqft
1 Dec 2018RentedRenewal
AED 44,000/yr12 months · AED 55 per sqft
1 Dec 2017RentedNew contract
AED 48,000/yr12 months · AED 60 per sqft
1 Mar 2017RentedNew contract
AED 42,000/yr12 months · AED 53 per sqft
29 Feb 2016RentedRenewal
AED 42,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 9 June 2022.

Key facts

Type
1-bed apartment
Size
795 sqft
Floor
6th of 7
Parking
B1-30
Developer
Alwifaq Investment Properties
Completed
2009
Service charge
AED 11,400 /yr
Last sold
AED 360K · June 2022

About 610, Ritz Residence

610 is a one-bedroom apartment of 795 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 9 June 2022 for AED 360,000, or AED 453 per sqft, 6% above the AED 428 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 25 April 2022, is AED 32,308 a year: a gross yield of 9.0% on the 2022 price, before the service charge of about AED 11,400 a year.

Sales and rents for 610 over time

Sales
Unit 610, 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 2012: AED 600,000 (AED 755 per sqft)Sold, June 2022: AED 360,000 (AED 453 per sqft)

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

Rents
Unit 610, 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, March 2013: AED 35,000 a yearNew contract, March 2014: AED 39,000 a yearNew contract, March 2015: AED 42,000 a yearRenewal, February 2016: AED 42,000 a yearNew contract, March 2017: AED 42,000 a yearNew contract, December 2017: AED 48,000 a yearRenewal, December 2018: AED 44,000 a yearNew contract, January 2020: AED 35,000 a yearNew contract, November 2020: AED 30,000 a yearNew contract, April 2022: AED 32,308 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 610 sits

All 75 1-beds →

610 last sold in June 2022 at AED 453 per sqft, 6% above what one-beds in Ritz Residence were fetching at the time (AED 428). 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. 610's AED 32,308 is in the lower 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 6th floor

All 150 units in Ritz Residence
Value
601StudioAED 220K · Jan 2021
602StudioAED 383K · Mar 2014
603StudioAED 400K · Dec 2012
604StudioAED 360K · Jul 2015
605StudioAED 388K · Feb 2012
606StudioAED 350K · Dec 2024
6071-bedAED 630K · Sep 2012
1–7 of 17

610, Ritz Residence in numbers

  • Sold twice: first on 8 May 2012 for AED 600,000, last on 9 June 2022 for AED 360,000 (AED 453 per sqft).
  • Rented since March 2013 on 10 Ejari contracts, from AED 35,000 to AED 32,308 a year.
  • At AED 32,308 a year the gross yield on the 2022 price is 9.0%, before a service charge of about AED 11,400 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 9 June 2022.

Questions about 610, Ritz Residence

What did unit 610 last sell for?

AED 360,000 on 9 June 2022: AED 453 per sqft for 795 sqft. The unit has 2 registered sales; the first was AED 600,000 in May 2012.

What is the rent for unit 610?

AED 32,308 a year on the contract signed on 25 April 2022. The previous contract, from November 2020, was AED 30,000; the unit has been rented since March 2013.

How big is unit 610?

795 sqft (73.9 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.

What is unit 610 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 610, Ritz Residence

Starts from the last sale price (AED 360K, 9 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 360,000
Deposit, UAE resident (20%)
AED 72,000
Deposit, non-resident (40%)
AED 144,000
Monthly over 25 years at 3.7%
AED 1,473

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