What is the rental yield in Ritz Residence?

Ritz Residence returns 7.17% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 50 rental contracts registered in the last 24 months.

How much does a 1 bedroom in Ritz Residence cost?

The median registered sale price is AED 517,862 (643 AED/sqft), from 30 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Ritz Residence selling for right now?

Registered sales of ready units in Ritz Residence over the last 6 months have a median of 843 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in Ritz Residence risen or fallen?

Median price per square foot moved +34.7% over the last 12 months against the 12 before it, on 30 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Ritz Residence compare with International City Phase 3?

Its 7.17% gross yield sits -0.7 pts against the International City Phase 3 median of 7.85%, computed at the same bedroom grain over the same 24-month window.

Ritz Residence — rental prices & yield | International City Phase 3, Dubai

Buy: 517,862AED; AED 843/sqft
Long-let: 48,750AED; AED 60/sqft · 7.17%

Price per sqft: Median of 5 registered sales of ready units in the last 6 months, most recent August 2026.

Priced off the last 5 sales — most recent August 2026.

Yield spread: -0.7 pts; vs the International City Phase 3 median for this unit type
Turnover upside: +20.4%; new tenants pay more than sitting ones — 27 renewals
AED/yr/sqft: AED 60
Sales: 30
Rental contracts: 50
Renewal rent: AED 40,500/yr

12 months: +10.2%
3 years: +47.9%+13.9%/yr

Based on 30 sales and 50 rental contracts in the last 24 months.

Ritz Residence is an apartment building in International City Phase 3, Dubai. The closest metro station is Rashidiya Metro Station and the nearest mall City Centre Mirdif. Land Department records for it run from 2015 to 2026, 314 registered sales in all — the 30 in the last 24 months are what every median above is computed from.

Rent history

Median annual rent per sqft registered in Ritz Residence, by year.

Monthly median AED per sqft per year, smoothed over three months. The band along the bottom is the number of records each month.

Rents by bedroom type

Type	Median rent	AED/yr/sqft	Yield	Contracts
Studio	AED 35,000	75	8.43% -0.2 pts	62
1 bed	AED 48,750	60	7.17% -0.7 pts	50

Deltas compare each yield with the International City Phase 3 median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

13 resales in the last 12 months, against 31 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
26 Aug 2026	1 bed	880	AED 680,000	773
19 Jun 2026	1 bed	820	AED 700,000	854

2 resales in the last 3 months.

Rental contracts

Start	Type	Sqft	Annual rent	AED/sqft	Contract
5 Sept 2026	1 bed	753	AED 60,000	80	Renewal
23 Aug 2026	Studio	411	AED 33,000	80	Renewal
10 Aug 2026	Studio	549	AED 38,000	69	New
7 Aug 2026	1 bed	883	AED 51,561	58	New
1 Aug 2026	Studio	433	AED 31,000	72	New
1 Aug 2026	1 bed	882	AED 40,000	45	New
29 Jul 2026	Studio	461	AED 33,000	72	New
25 Jul 2026	Studio	543	AED 42,000	77	New
16 Jul 2026	1 bed	746	AED 41,800	56	Renewal
11 Jul 2026	1 bed	796	AED 53,000	67	New
9 Jul 2026	1 bed	761	AED 42,000	55	New
7 Jul 2026	Studio	442	AED 25,000	57	Renewal
7 Jul 2026	1 bed	820	AED 60,000	73	New
7 Jul 2026	Studio	569	AED 35,000	61	Renewal
6 Jul 2026	Studio	440	AED 37,000	84	New
4 Jul 2026	Studio	442	AED 35,000	79	New
1 Jul 2026	Studio	442	AED 35,000	79	New
25 Jun 2026	Studio	433	AED 42,000	97	New
20 Jun 2026	Studio	447	AED 36,500	82	New
15 Jun 2026	Studio	434	AED 38,000	88	Renewal
9 Jun 2026	Studio	433	AED 36,000	83	Renewal
3 Jun 2026	1 bed	793	AED 55,000	69	New
2 Jun 2026	1 bed	795	AED 40,000	50	Renewal
1 Jun 2026	Studio	434	AED 38,000	88	New
31 May 2026	1 bed	827	AED 49,000	59	Renewal

25 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors: 8
Flats: 150

Nearby

Metro: Rashidiya Metro Station
Mall: City Centre Mirdif

Compare with nearby buildings

The most-traded buildings in International City Phase 3, on the same figures over the same window.

Highest rental yields in International City Phase 3 · Ritz Residence places 14th of 15

Common questions

What is the rental yield in Ritz Residence?: Ritz Residence returns 7.17% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 50 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Ritz Residence cost?: The median registered sale price is AED 517,862 (643 AED/sqft), from 30 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Ritz Residence selling for right now?: Registered sales of ready units in Ritz Residence over the last 6 months have a median of 843 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Ritz Residence risen or fallen?: Median price per square foot moved +34.7% over the last 12 months against the 12 before it, on 30 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Ritz Residence compare with International City Phase 3?: Its 7.17% gross yield sits -0.7 pts against the International City Phase 3 median of 7.85%, computed at the same bedroom grain over the same 24-month window.

Ritz Residence