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1-bed · 746 sqftRitz Residence, International City Phase 2 & 3 · 7th floor · completed 2009

712, Ritz Residence

Sold prices and rental history: sold once, by the developer in August 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712 · DLD and Ejari recordsUpdated 16 July 2026
Last soldAED 630K14 August 2011
Current rentAED 42K /yr16 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 712, Ritz Residence

What is 712 worth today?

Last sold for AED 630,000 in 2011

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16 Jul 2026RentedRenewal
AED 41,800/yr12 months · AED 56 per sqft
16 Jul 2025RentedRenewal
AED 41,800/yr12 months · AED 56 per sqft
16 Jul 2025RentedRenewal
AED 41,800/yr12 months · AED 56 per sqft
16 Jul 2024RentedRenewal
AED 38,000/yr12 months · AED 51 per sqft
16 Jul 2023RentedRenewal
AED 33,000/yr12 months · AED 44 per sqft
16 Jul 2022RentedRenewal
AED 28,000/yr12 months · AED 38 per sqft
17 Jul 2021RentedRenewal
AED 26,072/yr12 months · AED 35 per sqft
15 Jul 2020RentedNew contract
AED 26,000/yr12 months · AED 35 per sqft

Source: Dubai Land Department. Updated 16 July 2026.

Key facts

Type
1-bed apartment
Size
746 sqft
Floor
7th of 7
Parking
B1-50
Developer
Alwifaq Investment Properties
Completed
2009
Service charge
AED 10,700 /yr
Last sold
AED 630K · August 2011
Building
Ritz Residence

About 712, Ritz Residence

712 is a one-bedroom apartment of 746 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 14 August 2011 for AED 630,000, or AED 844 per sqft.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 16 July 2026, is AED 41,800 a year: a gross yield of 6.6% on the 2011 price, before the service charge of about AED 10,700 a year.

Sales and rents for 712 over time

Sales
Unit 712, 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, August 2011: AED 630,000 (AED 844 per sqft)

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

Rents
Unit 712, each contractTypical one-bed in Ritz Residence
40K2012201620202024Typical 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, July 2013: AED 34,000 a yearNew contract, July 2014: AED 37,400 a yearNew contract, August 2016: AED 50,000 a yearNew contract, September 2017: AED 47,000 a yearNew contract, November 2018: AED 40,000 a yearNew contract, March 2019: AED 38,000 a yearNew contract, July 2020: AED 26,000 a yearRenewal, July 2021: AED 26,072 a yearRenewal, July 2022: AED 28,000 a yearRenewal, July 2023: AED 33,000 a yearRenewal, July 2024: AED 38,000 a yearRenewal, July 2025: AED 41,800 a yearRenewal, July 2025: AED 41,800 a yearRenewal, July 2026: AED 41,800 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 712 sits

All 75 1-beds →

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. 712's AED 41,800 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 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

712, Ritz Residence in numbers

  • Sold once: by Alwifaq Investment Properties on 14 August 2011 for AED 630,000, or AED 844 per sqft.
  • Rented since July 2013 on 14 Ejari contracts. The rent fell from AED 34,000 to AED 26,000 in 2020 and recovered to AED 41,800 by July 2026.
  • At AED 41,800 a year the gross yield on the 2011 price is 6.6%, before a service charge of about AED 10,700 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 16 July 2026.

Questions about 712, Ritz Residence

What did unit 712 last sell for?

AED 630,000 on 14 August 2011, sold by the developer: AED 844 per sqft for 746 sqft. It is the only registered sale of the unit.

What is the rent for unit 712?

AED 41,800 a year on the contract renewed on 16 July 2026. The previous contract, from July 2025, was AED 41,800; the unit has been rented since July 2013.

How big is unit 712?

746 sqft (69.3 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower completed in 2009.

What is unit 712 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 712, Ritz Residence

Starts from the last sale price (AED 630K, 14 August 2011). Switch to today's estimate once you have unlocked it.
Price
AED 630,000
Deposit, UAE resident (20%)
AED 126,000
Deposit, non-resident (40%)
AED 252,000
Monthly over 25 years at 3.7%
AED 2,578

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