Ritz Residence
A 1 bed in Ritz Residence costs a median AED 517,862 and rents long-let for AED 48,750/yr (7.17% gross) — -0.7 pts vs International City Phase 3's 7.85% and +0.2 pts vs Dubai's 6.97% — from 30 sales and 50 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 1 bed
- 10 in 12 months
- Rental contracts · 1 bed
- 20 in 12 months
- Buy
- 517,862AED
- AED 843/sqft
- Long-let
- 7.17%
- AED 48,750/yr
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
- +34.7%
- 3 years
- +68.7%+19.0%/yr
- 5 years
- +83.7%+12.9%/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.
Price history
Every recorded sale in Ritz Residence, by year.
Chart data: Feb 2015, 996 AED/sqft; latest, Aug 2026, 813 AED/sqft; peak, Feb 2015, 996 AED/sqft.
Yield by bedroom type
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
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
2 resales in the last 3 months.
Rental contracts
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 sale record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 30 registered sales in the trailing 24 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /sale/apartments/dubai/international-city-phase-3/ritz-residence
Cite as: Dubai Wealth Index. “Ritz Residence sale prices and yield.” International City Phase 3, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/international-city-phase-3/ritz-residence.
Stable dataJSON
Where this data stops
Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.