615, Ritz Residence
Sold prices and rental history: sold once, by the developer in July 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 615, Ritz Residence
What is 615 worth today?
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Source: Dubai Land Department. Updated 5 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 753 sqft
- Floor
- 6th of 7
- Parking
- B1-35
- Developer
- Alwifaq Investment Properties
- Completed
- 2009
- Service charge
- AED 10,800 /yr
- Last sold
- AED 360K · July 2023
- Building
- Ritz Residence
About 615, Ritz Residence
615 is a one-bedroom apartment of 753 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 13 July 2023 for AED 360,000, or AED 477 per sqft, in line with the AED 464 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 5 September 2026, is AED 60,000 a year: a gross yield of 16.7% on the 2023 price, before the service charge of about AED 10,800 a year.
Sales and rents for 615 over time
615 has sold once; 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 615 sits
All 75 1-beds →615 last sold in July 2023 at AED 477 per sqft, in line with what one-beds in Ritz Residence were fetching at the time (AED 464). 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. 615's AED 60,000 is in the upper 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 6th floor
All 150 units in Ritz Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | Studio | 359 sqft | AED 220KAED 220,000 · Jan 2021January 2021 | 60,000 /yr | |
| 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 | |
| 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 |
615, Ritz Residence in numbers
- Sold once: by Alwifaq Investment Properties on 13 July 2023 for AED 360,000, or AED 477 per sqft.
- Rented since April 2014 on 11 Ejari contracts, from AED 33,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2023 price is 16.7%, before a service charge of about AED 10,800 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 5 September 2026.
Questions about 615, Ritz Residence
What did unit 615 last sell for?
AED 360,000 on 13 July 2023, sold by the developer: AED 477 per sqft for 753 sqft. It is the only registered sale of the unit.
What is the rent for unit 615?
AED 60,000 a year on the contract renewed on 5 September 2026. The previous contract, from September 2025, was AED 48,500; the unit has been rented since April 2014.
How big is unit 615?
753 sqft (70.0 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.
What is unit 615 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 615, Ritz Residence
Starts from the last sale price (AED 360K, 13 July 2023). 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 →