Studio · 495 sqftRitz Residence, International City Phase 2 & 3 · 6th floor · completed 2009

617, Ritz Residence

Sold prices and rental history: sold 4 times, last in November 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 617 · DLD and Ejari recordsUpdated 6 May 2026
Last soldAED 410K10 November 2025
Current rentAED 35K /yr6 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 617, Ritz Residence

What is 617 worth today?

Last sold for AED 410,000 in 2025

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6 May 2026RentedNew contract
AED 35,000/yr12 months · AED 71 per sqft
10 Nov 2025SoldReady
AED 410,000AED 828 per sqft
1 Apr 2025RentedRenewal
AED 33,600/yr12 months · AED 68 per sqft
1 Apr 2024RentedNew contract
AED 32,000/yr12 months · AED 65 per sqft
25 Mar 2024SoldReady
AED 355,000AED 717 per sqft
25 Dec 2022RentedNew contract
AED 20,000/yr12 months · AED 40 per sqft
17 Aug 2022SoldReady
AED 230,000AED 464 per sqft
22 Oct 2021RentedNew contract
AED 19,385/yr13 months · AED 39 per sqft

Source: Dubai Land Department. Updated 6 May 2026.

Key facts

Type
Studio apartment
Size
495 sqft
Floor
6th of 7
Parking
B1-37
Developer
Alwifaq Investment Properties
Completed
2009
Service charge
AED 7,100 /yr
Last sold
AED 410K · November 2025

About 617, Ritz Residence

617 is a studio of 495 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 10 November 2025 for AED 410,000, or AED 828 per sqft, in line with the AED 812 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 6 May 2026, is AED 35,000 a year: a gross yield of 8.5% on the 2025 price, before the service charge of about AED 7,100 a year.

Sales and rents for 617 over time

Sales
Unit 617, each saleTypical studio in Ritz Residence
200K300K400K2011201520192023Typical sale price by year: 2011 AED 380,000; 2012 AED 380,000; 2013 AED 320,000; 2014 AED 348,720; 2015 AED 420,000; 2016 AED 370,000; 2017 AED 372,500; 2018 AED 330,000; 2022 AED 237,500; 2023 AED 275,000; 2024 AED 355,000; 2025 AED 417,500Sold by developer, December 2020: AED 410,000 (AED 828 per sqft)Sold, August 2022: AED 230,000 (AED 464 per sqft)Sold, March 2024: AED 355,000 (AED 717 per sqft)Sold, November 2025: AED 410,000 (AED 828 per sqft)

617 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 617, each contractTypical studio in Ritz Residence
20K30K40K2012201620202024Typical rent by year: 2012 AED 20,500; 2013 AED 26,000; 2014 AED 34,000; 2015 AED 39,500; 2016 AED 39,779; 2017 AED 36,000; 2018 AED 30,000; 2019 AED 25,750; 2020 AED 22,500; 2021 AED 20,000; 2022 AED 22,000; 2023 AED 25,000; 2024 AED 30,000; 2025 AED 32,000; 2026 AED 36,000New contract, October 2013: AED 39,893 a yearNew contract, October 2013: AED 30,000 a yearNew contract, October 2021: AED 19,385 a yearNew contract, December 2022: AED 20,000 a yearNew contract, April 2024: AED 32,000 a yearRenewal, April 2025: AED 33,600 a yearNew contract, May 2026: AED 35,000 a year

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 617 sits

All 75 studios →

617 last sold in November 2025 at AED 828 per sqft, in line with what studios in Ritz Residence were fetching at the time (AED 812). 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. 617's AED 35,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
2 Nov 2026420,000
21 Nov 2025465,000
9 Sep 2025425,000
22 Apr 2025367,000
3 studio 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

617, Ritz Residence in numbers

  • Sold 4 times: first on 13 December 2020 for AED 410,000, last on 10 November 2025 for AED 410,000 (AED 828 per sqft).
  • Rented since October 2013 on 7 Ejari contracts. The rent fell from AED 30,000 to AED 19,385 in 2021 and recovered to AED 35,000 by May 2026.
  • At AED 35,000 a year the gross yield on the 2025 price is 8.5%, before a service charge of about AED 7,100 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 6 May 2026.

Questions about 617, Ritz Residence

What did unit 617 last sell for?

AED 410,000 on 10 November 2025: AED 828 per sqft for 495 sqft. The unit has 4 registered sales; the first was AED 410,000 in December 2020.

What is the rent for unit 617?

AED 35,000 a year on the contract signed on 6 May 2026. The previous contract, from April 2025, was AED 33,600; the unit has been rented since October 2013.

How big is unit 617?

495 sqft (46.0 sqm): a studio on the 6th floor of a 7-storey tower completed in 2009.

What is unit 617 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 617, Ritz Residence

Starts from the last sale price (AED 410K, 10 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

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