Ritz Residence
- Completed 2009
- 150 units
- 8 floors
A 1 bed in Ritz Residence costs a median AED 665,000 and rents long-let for AED 50,500/yr (7.6% gross).
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
Is Ritz Residence a good investment?Easy to let, prices rising and little new supply nearby, with nothing to watch
- Does it pay a good rent?7.6% gross, 5.6% after the service charge (Dubai median 6.8%)7.6%Fair
- 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%.
- Are rents going up?New 1 bed leases: AED 49,862 a year ago, AED 50,500 now+1.3%Fair
- Are prices going up?1 bed: AED 617/sqft a year ago, 791 now+28.2%Strength
- 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
- Can I sell easily?11 sales in 12 months, 7% of the tower (25 the year before)11Fair
- 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
- 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
Ritz Residence prices and rents by unit typeA one-bed costs about AED 665,000 and rents for about AED 50,500 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, 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
- 12-month change
- +28.2%
- 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
- Gross yield
- 7.6%
- 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)
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%
- 10 sales
- 3 years ago
- 481
- +64%
- 45 sales
- Previous 12 months
- 635
- +25%
- 25 sales
- Last 12 months
- 791
- today
- 11 sales
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.
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.
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 activityPlanned 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 supplySupply 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 countedDirect 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.
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
- Ritz ResidenceAED 791
- International City Phase 2, readyAED 891
- International City Phase 2, off-planAED 1,200
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Ritz ResidenceInternational City Phase 2 median building
- International City Phase 27.3% vs 7.9%
Nearby in International City Phase 2
Prices per sq ft around Ritz Residence, on the mapPrices per sq ft around Ritz Residence, on the map
Zenith Residences
International City Phase 2 · 112 sales, 12 months
850,160
AED, resale median · 1,055/sqft
Equiti Tower
International City Phase 2 · 71 sales, 12 months
796,122
AED, resale median · 1,078/sqft
Nest
International City Phase 2 · 68 sales, 12 months
718,204
AED, resale median · 1,054/sqft
Chapter 01 By Newbury Developments
International City Phase 2 · 67 sales, 12 months
770,000
AED, resale median · 1,170/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 1 bedOn record
- Rental evidence · 1 bedOn record
- Service chargeAED 15.52/sqft a year, 2026 owners-association budget; 5.6% yield after it. Confirm against the latest invoice.On record
- Project registerOn record
- Building recordOn record
- Costs not includedNot in the yield
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 rateMonthly 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.
More assumptionsFewer 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.
Ask about Ritz Residence
Looking to buy or rent here? Tell us what you need: unit type, budget, timing.
We reply by phone, WhatsApp or email, and put you in touch with a licensed agent.
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.
For agents
Send this page to a client as a branded report
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
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