PropertyIndex

Ritz Residence

Completed · Q4 2009|156 units · 1 building

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Ritz Residence is a completed apartment development by ALWIFAQ INVESTMENT PROPERTIES P.J.S.C in International City Phase 3, Warsan Fourth, comprising 156 registered units. 290 sales are registered with the Dubai Land Department, at a current PIX© price of AED 804 per sqft. At AED 804 per sqft, Ritz Residence prices 25% below the International City Phase 3 average of AED 1,069 per sqft on registered sales.

PIX© price · 15.5% YoY
599KAED
Typical
804AED
PSF
Gross yield
8.3%
PIX© rent ÷ PIX© price
Sale records
290
DLD · all time
Rent contracts
1,070
Ejari · all time
Ritz Residence

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
359 – 1,843 sqft
156599K80415.5%50K8.3%
Residential
Studio · Apartment
359 – 715 sqft
75
1 Bed · Apartment
701 – 1,088 sqft
75
Villa (Bedrooms Unknown)
35,666 sqft
Commercial
Shop
822 – 1,843 sqft
6
Sales — Project-Wide290 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
18 Jun 2026Floor 1820700,000854+82.8%PremiumStandard Sale
15 May 2026Floor 7794670,000843+3.9%StandardStandard Sale
13 May 2026Floor 6740330,000446CompletionEntry LevelStandard Sale
Rentals — Project-Wide1,070 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
5 Sep 20261 Bed75360,00080Premiumrenewal
1 Sep 20261,732250,000144Standardnew
1 Sep 20261,043150,000144Standardnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in International City Phase 3

The closest-priced registered projects in International City Phase 3.

Common questions about Ritz Residence

Answered from Dubai Land Department registered transactions.

How much does a property in Ritz Residence cost?

Property in Ritz Residence sells at a current PIX© price of AED 804 per sqft, or about AED 598,870 for a typical unit, based on 290 sales registered with the Dubai Land Department.

Is Ritz Residence completed?

Yes. Ritz Residence is recorded as completed in the Dubai Land Department project register (completed q4 2009).

Who is the developer of Ritz Residence?

Ritz Residence is developed by ALWIFAQ INVESTMENT PROPERTIES P.J.S.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Ritz Residence?

Ritz Residence yields 8.3% gross, calculated from current PIX© rent against current PIX© sale price, across 1,070 registered Ejari contracts.

How many units are in Ritz Residence?

Ritz Residence holds 156 registered units, per the Dubai Land Department unit register.

Have prices in Ritz Residence gone up or down?

Price per sqft has risen +15.5% over the last 12 months, to AED 804, across 290 registered sales.