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Ritz Residence

A 1 bed in Ritz Residence costs a median AED 665,000 and rents long-let for AED 50,500/yr (7.6% gross).

Satellite view of Ritz Residence, International City Phase 2, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

1 bed · typical price

665,000AED

AED 791/sqft · +28.2% on a year

Rent a year
AED 50,500
Yield after service charge
5.6%
vs International City Phase 2
24% below the median
Cost to buy, all inAED 709,765
Price
AED 665,000
DLD fee 4%
AED 26,600
Agent 2% + VAT
AED 13,965
Trustee
AED 4,200

Fees repaid by net rent14 months

Against this building’s registered sales of the same type.

Ask about Ritz Residence →

Is Ritz Residence a good investment?Easy to let, prices rising and little new supply nearby, with nothing to watch

  1. Does it pay a good rent?7.6% gross, 5.6% after the service charge (Dubai median 6.8%)7.6%Fair
  2. Is it easy to let?91% of units signed a yearly lease in 12 months; the typical International City Phase 2 building manages 52%91%Strength
    International City Phase 2 median 52% · top tenth from 100%Ritz Residence · 91%

    Across 30 International City Phase 2 buildings with 40 or more units, the median signed annual leases on 52% of units in 12 months and the top tenth on 100% or more; Ritz Residence is at 91%.

  3. Are rents going up?New 1 bed leases: AED 49,862 a year ago, AED 50,500 now+1.3%Fair
  4. Are prices going up?1 bed: AED 617/sqft a year ago, 791 now+28.2%Strength
  5. How fast do fees pay back?AED 44,765 in fees to buy a 1 bed; net rent covers it in 1.2 years1.2 yrsFair
  6. Can I sell easily?11 sales in 12 months, 7% of the tower (25 the year before)11Fair
  7. Is a lot being built nearby?1,581 apartments are planned in International City Phase 2 from 2026 to 2028, equal to 16% of the 9,675 homes let there today. A further 520 are past their planned date. International City Phase 2 supply by year →16%Strength
  8. Did earlier buyers gain?Up 73% for buyers 5 years ago, before fees+73.0%Context

Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Ritz Residence prices and rents by unit typeA one-bed costs about AED 665,000 and rents for about AED 50,500 a year

TypeMedian priceGross yieldNew rent12-month changeSales
Studio75 units · 440 sqftAED 437,500789/sqftunder 3 salesnot publishedunder 5 sales in a year2
1 bed75 units · 795 sqftAED 665,000791/sqft7.6%-0.0 ptsAED 50,50038 contracts+28.2%9
Appreciation, rental income and short-term detail, by unit type

Appreciation

1 bed · price per sqft · International City Phase 2 · area median AED 1,044/sqft

3 years
+69.7% · +19.3%/yr
5 years
+84.9% · +13.1%/yr
vs area median
-24.2%
Rank by price per sqft
38th of 41

Rental income

1 bed · International City Phase 2

Median new rent
AED 50,500/yr
Yield vs area median
-0.0 pts
Yield vs Dubai (6.8%)
+0.8 pts
Yield rank
11th of 20
Renewal rent
AED 47,500/yr
New tenants pay vs sitting (38 renewals)
+6.3%

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Sale price, AED (right axis) Rent on new leases, AED a year (left axis)

Median price paid, 1 bed, as a rolling 3-month median, with the rent on new leases on the same basis. The band along the bottom is the number of sales each month.

Chart data, 1 bed: Aug 2011, AED 630,000; latest, Aug 2026, AED 680,000; peak, Jul 2012, AED 695,000. Rent on new leases: Jan 2013, AED 32,451 a year; latest, Oct 2026, AED 53,000.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 791 · before fees

5 years ago
457
+73%
3 years ago
481
+64%
Previous 12 months
635
+25%
Last 12 months
791
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

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

DateTypeSqftPriceAED/sqft
26 Aug 20261 bed880AED 680,000773
19 Jun 20261 bed820AED 700,000854
15 May 20261 bed794AED 670,000843
13 May 20261 bed370AED 330,000891
1 May 20261 bed883AED 690,000781
8 Jan 20261 bed793AED 665,000839
21 Nov 2025Studio620AED 465,000750
11 Nov 20251 bed769AED 428,000557
10 Nov 2025Studio495AED 410,000829
6 Nov 20251 bed746AED 565,000757

11 resales in the last 12 months.

Comparables in International City Phase 2

Every International City Phase 2 building with a page, ranked by price per sqft over the same 12 months, all unit types. Ritz Residence places 53rd of 56; the nearest 7 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
49Al Helal Al Zahaby Building 2Completed 2019 · off-plan 707/sqftAED 560,000879+11.1%8.6%+10.7%10
50BondAED 201,010853+7.8%——101
51Aamna ResidencyAED 635,000797+0.7%—+6.8%8
52Al Jawzaa- BCompleted 2012AED 550,000792+0.1%6.5%+14.2%7
53Ritz Residence · this buildingCompleted 2009AED 630,0007917.3%+24.7%11
54Berlin GroupAED 550,000784-0.9%—-8.0%21
55Al Jawzaa- ACompleted 2012AED 430,000783-1.1%8.4%+8.6%9
56AimarsoumyAED 1.50M687-13.1%—-9.4%9

Rank 1 is the dearest per square foot. Differences are against Ritz Residence (AED 791/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 1 bed, Ritz Residence has registered sale prices 24% below the International City Phase 2 median price per square foot of 1,044 AED, across 41 eligible buildings. It ranks 38th of 41 by price per square foot and 11th of 20 by gross yield in International City Phase 2.

Market context in International City Phase 2

Registered sales activity

416 ready apartment sales in the 12 months to 2026-10-12.

+2.3% in median AED/sqft versus the preceding year, supported by 416 current and 734 prior price observations.

Explore sales activity

Planned apartment projects

1,161 known registered units across 11 pending projects planned within one year of the 2026-07-06 register.

6 projects had already passed their planned date; 0 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

1,581 apartments are planned in International City Phase 2 from 2026 to 2028, equal to 16% of the 9,675 homes let there today.

Ready prices per sqft fell in 19% of 16 buildings (counted once per bedroom type) in International City Phase 2 with sales in both years; the typical one moved +9.9%.

The pooled median moved +2.3%: 7.6 points less than the typical building, because different buildings traded in each year.

New-lease rents fell in 13% of 38 buildings (counted once per bedroom type) with leases in both years; the typical one moved +8.1%.

How these are counted
Find service-charge budget evidence for Ritz Residence

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

About Ritz Residence

Ritz Residence is an apartment building completed in 2009 in International City Phase 2 with 150 registered units. 157 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Service charge
AED 15.52/sqft a year · 2026 budget
Floors
8

Drive times · typical

Downtown
24 min · 23 km
DXB Airport
17 min · 20 km
DIFC
20 min · 26 km
Dubai Marina
32 min · 39 km
Palm Jumeirah
38 min · 43 km

Nearest, as registered

Metro
Rashidiya Metro Station
Mall
City Centre Mirdif

Ritz Residence: AED 791 per sq ft, 25% below the median International City Phase 2 building, and a 7.3% gross yield, below the area's median building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. Ritz ResidenceAED 791
  2. International City Phase 2, readyAED 891
  3. International City Phase 2, off-planAED 1,200
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

Ritz ResidenceInternational City Phase 2 median building

  1. International City Phase 27.3% vs 7.9%
Line: the 10th to 90th percentile of 34 buildings in International City Phase 2. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in International City Phase 2, by handover quarter

Nearby in International City Phase 2

Prices per sq ft around Ritz Residence, on the map
Pills show median sale price, AED. 37 buildings pinned from Google place records and Apple geocoding · Ritz Residence is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a 1 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Ritz Residence’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
2,957AED
4.5% over 25 years
Monthly rent
4,208AED
AED 50,500 a year
Cash needed at purchase
187,415AED
20% down plus AED 54,415 in fees

Owning costs AED 191,369 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about Ritz Residence

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Common questions

What is the rental yield in Ritz Residence?
Ritz Residence returns 7.6% gross: a median new-contract rent of AED 50,500 a year (38 Ejari contracts in 12 months) over a price benchmark of AED 665,000 (median of 9 sales in the last 12 months, latest Aug 2026), before service charge, agency fees or vacant months.
How much does a 1 bedroom in Ritz Residence cost?
The median registered sale price is AED 665,000 (791 AED/sqft), from 9 Dubai Land Department sales in the last 12 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 12 months have a median of 791 AED/sqft, across 9 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
Have prices in Ritz Residence risen or fallen?
Median price per square foot moved +28.2% over the last 12 months against the 12 before it, on 9 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
What is the registered annual rent for a 1 bedroom in Ritz Residence?
The median new annual rent is AED 50,500, from 38 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.

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Ritz Residence sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
9 registered sales in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/sale/apartments/dubai/international-city-phase-2/ritz-residence
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Ritz Residence sale prices and yield.” International City Phase 2, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/international-city-phase-2/ritz-residence

Stable dataJSON