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1-bed · 758 sqftRitz Residence, International City Phase 2 & 3 · 6th floor · completed 2009

614, Ritz Residence

Sold prices and rental history: sold once, by the developer in November 2012, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 614 · DLD and Ejari recordsUpdated 15 September 2025
Last soldAED 665K19 November 2012
Current rentAED 41K /yr15 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 614, Ritz Residence

What is 614 worth today?

Last sold for AED 665,000 in 2012

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15 Sep 2025RentedRenewal
AED 40,950/yr12 months · AED 54 per sqft
15 Sep 2024RentedNew contract
AED 40,950/yr12 months · AED 54 per sqft
15 Sep 2023RentedNew contract
AED 39,000/yr12 months · AED 51 per sqft
1 Sep 2022RentedRenewal
AED 36,000/yr12 months · AED 48 per sqft
1 Sep 2021RentedRenewal
AED 33,000/yr12 months · AED 44 per sqft
1 Sep 2020RentedNew contract
AED 33,000/yr12 months · AED 44 per sqft
27 Sep 2019RentedNew contract
AED 41,000/yr12 months · AED 54 per sqft
19 Nov 2012Sold by developerReady
AED 665,000AED 877 per sqft

Source: Dubai Land Department. Updated 15 September 2025.

Key facts

Type
1-bed apartment
Size
758 sqft
Floor
6th of 7
Parking
B1-34
Developer
Alwifaq Investment Properties
Completed
2009
Service charge
AED 10,900 /yr
Last sold
AED 665K · November 2012
Building
Ritz Residence

About 614, Ritz Residence

614 is a one-bedroom apartment of 758 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. The developer sold it on 19 November 2012 for AED 665,000, or AED 877 per sqft, 10% above the AED 797 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 15 September 2025, is AED 40,950 a year: a gross yield of 6.2% on the 2012 price, before the service charge of about AED 10,900 a year.

Sales and rents for 614 over time

Sales
Unit 614, 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, November 2012: AED 665,000 (AED 877 per sqft)

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

Rents
Unit 614, 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, September 2019: AED 41,000 a yearNew contract, September 2020: AED 33,000 a yearRenewal, September 2021: AED 33,000 a yearRenewal, September 2022: AED 36,000 a yearNew contract, September 2023: AED 39,000 a yearNew contract, September 2024: AED 40,950 a yearRenewal, September 2025: AED 40,950 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 614 sits

All 75 1-beds →

614 last sold in November 2012 at AED 877 per sqft, 10% above what one-beds in Ritz Residence were fetching at the time (AED 797). 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. 614's AED 40,950 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 41K /yr
Typical yield
8.2%
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

614, Ritz Residence in numbers

  • Sold once: by Alwifaq Investment Properties on 19 November 2012 for AED 665,000, or AED 877 per sqft.
  • Rented since September 2019 on 7 Ejari contracts. The rent fell from AED 41,000 to AED 33,000 in 2021 and recovered to AED 40,950 by September 2025.
  • At AED 40,950 a year the gross yield on the 2012 price is 6.2%, 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 15 September 2025.

Questions about 614, Ritz Residence

What did unit 614 last sell for?

AED 665,000 on 19 November 2012, sold by the developer: AED 877 per sqft for 758 sqft. It is the only registered sale of the unit.

What is the rent for unit 614?

AED 40,950 a year on the contract renewed on 15 September 2025. The previous contract, from September 2024, was AED 40,950; the unit has been rented since September 2019.

How big is unit 614?

758 sqft (70.4 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.

What is unit 614 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 614, Ritz Residence

Starts from the last sale price (AED 665K, 19 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 665,000
Deposit, UAE resident (20%)
AED 133,000
Deposit, non-resident (40%)
AED 266,000
Monthly over 25 years at 3.7%
AED 2,721

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