Ritz Residences

Completed|156 units · 1 building

Ritz Residences is a completed development by ALWIFAQ INVESTMENT PROPERTIES P.J.S.C in Al Warsan, comprising 156 registered units. 285 sales are registered with the Dubai Land Department, at a current PIX© price of AED 787 per sqft. At AED 787 per sqft, Ritz Residences prices 10% below the Al Warsan median of AED 875 per sqft on registered sales.

PIX© price · ↑1.0% YoY

561KAED

Typical

787AED

PSF

Gross yield

7.6%

PIX© rent ÷ PIX© price

Sale records

285

DLD · all time

Rent contracts

1,075

Ejari · all time

SATELLITE

LocationAl Warsan

Drive times · typical

Downtown Dubai21 min · 21.2 km

DXB Airport15 min · 17.8 km

DIFC25 min · 23.6 km

Dubai Marina34 min · 38.1 km

Palm Jumeirah37 min · 43.3 km

Nearest · straight-line

Metro stationRashidiya Dubai9.1 km

MallAL JUMAA RESIDENCE

SchoolInternational Primary Vernus0.2 km

HospitalLife Medical Centre - International City, Phase 20.4 km

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PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 4

…

Studio on Floor 4, Ritz Residences

Size
Record: Aug 2012 to Sep 2025
Owners: 6
Tenants: 9
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
9Tenant 9	23 Sep 2025			Owner 6
6Owner 6	9 Sep 2025		12 mo	Current owner
8Tenant 8	8 Sep 2024		12 mo	Owner 5
7Tenant 7	1 Mar 2023		16 mo	Renewal Owner 5
5Owner 5	8 Sep 2022		3.0 yrs	Sold with tenant in place
4Owner 4	29 Aug 2022		10 d	Sold with tenant in place
7Tenant 7	1 Feb 2022		13 mo	Owner 3
6Tenant 6	15 Jan 2018		12 mo	Owner 3
5Tenant 5	17 Nov 2015		2.5 yrs	Owner 3
4Tenant 4	15 Nov 2014		12 mo	Owner 3
3Tenant 3	21 Jul 2014		12 mo	Owner 3
3Owner 3	15 Jul 2014		8.1 yrs	Sold with tenant in place
2Tenant 2	21 Sep 2013		12 mo	Owner 2
1Tenant 1	21 Sep 2012		12 mo	Owner 2
2Owner 2	2 Aug 2012		23 mo
Owner 1 · Undisclosed		—		Acquisition date and price not on record

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Your nightly rate and occupancy, against this unit’s registered record.

Studio · Floor 4 · Ritz Residences

Nightly rateAED

Occupancy (237 nights)

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Ritz Residences787AED/sqft · project-wide

Units

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

Type	Units	PIX© Price	PIX© PSF	PSF YoY	PIX© Rent /yr	Yield
PIX© Core Project-Wide 359 - 1,843 sqft	156	561K	787	↑1.0%	43K	7.6%
Residential
Studio · Apartment 359 - 715 sqft	75
1 Bed · Apartment 701 - 1,088 sqft	75
Commercial
Shop 822 - 1,843 sqft	6			-

Sales - Project-Wide285 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
26 Aug 2026	1 Bed	Ritz Residences · Floor 5	880	680,000	773	+34.4%	Entry Level	Standard Sale
18 Jun 2026	1 Bed	Ritz Residences · Floor 1	820	700,000	854	+82.8%	Premium	Standard Sale
15 May 2026	1 Bed	Ritz Residences · Floor 7	794	670,000	843	+3.9%	Standard	Standard Sale

Rentals - Project-Wide1,075 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
5 Sep 2026	1 Bed	Ritz Residences · Floor 6	753	60,000	80	-	Premium	CONTRACT
4 Sep 2026	1 Bed	Ritz Residences · Floor 3	780	54,000	69	-	Standard	CONTRACT
1 Sep 2026	1 Bed	Ritz Residences · Floor 7	701	25,000	36	-	Entry Level	CERTIFICATE

Comparables

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

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Ritz Residences

Compared with

Al Jawzaa B

PIX© PSF

816

Rank

#9 of 12

#8 of 12

Typical price

603K

Yield

8.7%

Units

156

Sales

109

Rents

356

182

Developer

ALWIFAQ INVESTMENT PROPERTIES P.J.S.C

TAMEER HOLDING INVESTMENT (LLC)

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Al Helal Al Zahaby Building 3 AL HELAL AL ZAHABY REAL ESTATE DEVELOPMENT L.L.C · Completed	67					20	113
	Al Helal Al Zahaby Building 2 AL HELAL AL ZAHABY REAL ESTATE DEVELOPMENT L.L.C · Completed	89					30	157
	Easy18 TOWNX REAL ESTATE DEVELOPMENT L.L.C · Completed	109					32	327
	Al Helal Al Zahaby Building 1 AL HELAL AL ZAHABY REAL ESTATE DEVELOPMENT L.L.C · Completed	81					39	179
	Equiti Apartments B N H REAL ESTATE DEVELOPER · Completed	136					25	237
	Suncity Homes SUNN AND SAND DEVELOPERS · Completed	69					18	208
	Al Jawzaa B TAMEER HOLDING INVESTMENT (LLC) · Completed	93					35	182
9	Ritz Residences ALWIFAQ INVESTMENT PROPERTIES P.J.S.C · Completed	156	816	Subject	603K	8.7%	109	356
	Park Ville 07 GULAB REAL ESTATE DEVELOPMENT L.L.C · Completed	84					33	212
	Al Jawzaa TAMEER HOLDING INVESTMENT (LLC) · Completed	186					66	360
	Al Jawzaa A TAMEER HOLDING INVESTMENT (LLC) · Completed	93					31	178

Community median 875 AED/sqft. Showing the closest-ranked peers of 12 ranked projects in the community. 6 community projects excluded for insufficient recorded sales. 26 excluded for trading only in the off-plan market. 1 excluded for insufficient unit-mix overlap. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Al Warsan

The closest-priced registered projects in Al Warsan.

Park Ville 07AED 776/sqft
Al Jawzaa BAED 830/sqft
Al JawzaaAED 719/sqft
Suncity HomesAED 865/sqft
Al Jawzaa AAED 701/sqft
Equiti ApartmentsAED 875/sqft

Common questions about Ritz Residences

Answered from Dubai Land Department registered transactions.

How much does a property in Ritz Residences cost?

Property in Ritz Residences sells at a current PIX© price of AED 787 per sqft, or about AED 560,681 for a typical unit, based on 285 sales registered with the Dubai Land Department.

Is Ritz Residences completed?

Yes. Ritz Residences is recorded as completed in the Dubai Land Department project register.

Who is the developer of Ritz Residences?

Ritz Residences 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 Residences?

Ritz Residences yields 7.6% gross, calculated from current PIX© rent against current PIX© sale price, across 1,075 registered Ejari contracts.

How many units are in Ritz Residences?

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

Have prices in Ritz Residences gone up or down?

Price per sqft has risen +1.0% over the last 12 months, to AED 787, across 285 registered sales.