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1-bed · 740 sqftRitz Residence, International City Phase 2 & 3 · 7th floor · completed 2009

711, Ritz Residence

Sold prices and rental history: sold once, by the developer in January 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711 · DLD and Ejari recordsUpdated 3 January 2013
Last soldAED 637K3 January 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 711, Ritz Residence

What is 711 worth today?

Last sold for AED 637,000 in 2013

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3 Jan 2013Sold by developerReady
AED 637,000AED 860 per sqft

Source: Dubai Land Department. Updated 3 January 2013.

Key facts

Type
1-bed apartment
Size
740 sqft
Floor
7th of 7
Parking
B1-49
Developer
Alwifaq Investment Properties
Completed
2009
Service charge
AED 10,600 /yr
Last sold
AED 637K · January 2013
Building
Ritz Residence

About 711, Ritz Residence

711 is a one-bedroom apartment of 740 sqft on the 7th 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 3 January 2013 for AED 637,000, or AED 860 per sqft, 8% above the AED 799 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 711 over time

Sales
Unit 711, 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, January 2013: AED 637,000 (AED 860 per sqft)

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

Rents
Unit 711, 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 50,000

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 711 sits

All 75 1-beds →

711 last sold in January 2013 at AED 860 per sqft, 8% above what one-beds in Ritz Residence were fetching at the time (AED 799). 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.

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 7th floor

All 150 units in Ritz Residence
Value
701StudioAED 218K · Dec 2012
702StudioAED 300K · Jan 2014
703StudioAED 388K · Feb 2012
704StudioAED 375K · Jan 2017
705StudioAED 370K · Aug 2024
706StudioAED 365K · Oct 2012
7071-bedAED 670K · May 2026
1–7 of 17

711, Ritz Residence in numbers

  • Sold once: by Alwifaq Investment Properties on 3 January 2013 for AED 637,000, or AED 860 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 3 January 2013.

Questions about 711, Ritz Residence

What did unit 711 last sell for?

AED 637,000 on 3 January 2013, sold by the developer: AED 860 per sqft for 740 sqft. It is the only registered sale of the unit.

How big is unit 711?

740 sqft (68.7 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower completed in 2009.

What is unit 711 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 711, Ritz Residence

Starts from the last sale price (AED 637K, 3 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 637,000
Deposit, UAE resident (20%)
AED 127,400
Deposit, non-resident (40%)
AED 254,800
Monthly over 25 years at 3.7%
AED 2,606

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