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Project · Transactions · 2018

Ritz Residence Property Transactions 2018

7 property sales worth ⃃ 3.1M were registered in Ritz Residence in 2018, 75.0% higher than 2017 by number of sales. The median sale price was ⃃ 415,000 and the median price per square foot ⃃ 573 (−30.4% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 7 salesUpdated: 14 Nov 2026
Property sales
7
+75.0% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 3.1M
+104.3% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 415,000
+11.4% vs 2017
7 sales
Median price per sq ft
⃃ 573
−30.4% vs 2017
7 sales

What types of property sold in Ritz Residence in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments7100%⃃ 3.1M⃃ 415,000⃃ 573

How were 2018 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)228.6%⃃ 1.1M⃃ 550,000⃃ 723
Resale (secondary)571.4%⃃ 2M⃃ 415,000⃃ 567
Ready7100%⃃ 3.1M⃃ 415,000⃃ 573

How many rental contracts were registered in Ritz Residence in 2018?

76 rental contracts (new and renewed) were registered in Ritz Residence in 2018, at a median annual rent of ⃃ 41,000 (−8.4% on 2017). Rental yields in Ritz Residence

What were the most expensive property sales in Ritz Residence in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
01/11/2018Ritz Residence1 bed · Apartment791 sq ft⃃ 690,000Primary · Ready
11/11/2018Ritz Residence1 bed · Apartment882 sq ft⃃ 500,000Resale · Ready
11/11/2018Ritz Residence1 bed · Apartment882 sq ft⃃ 500,000Resale · Ready
07/02/2018Ritz Residence1 bed · Apartment788 sq ft⃃ 415,000Resale · Ready
12/02/2018Ritz ResidenceStudio · Apartment715 sq ft⃃ 410,000Primary · Ready
05/02/2018Ritz ResidenceStudio · Apartment442 sq ft⃃ 330,000Resale · Ready
02/01/2018Ritz ResidenceStudio · Apartment411 sq ft⃃ 250,000Resale · Ready

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
11/11/2018Ritz Residence1 bed · Apartment882 sq ft⃃ 500,000Resale · Ready
11/11/2018Ritz Residence1 bed · Apartment882 sq ft⃃ 500,000Resale · Ready
01/11/2018Ritz Residence1 bed · Apartment791 sq ft⃃ 690,000Primary · Ready
12/02/2018Ritz ResidenceStudio · Apartment715 sq ft⃃ 410,000Primary · Ready
07/02/2018Ritz Residence1 bed · Apartment788 sq ft⃃ 415,000Resale · Ready
05/02/2018Ritz ResidenceStudio · Apartment442 sq ft⃃ 330,000Resale · Ready
02/01/2018Ritz ResidenceStudio · Apartment411 sq ft⃃ 250,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2018 with the whole of 2017.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/ritz-residence/2018
Ritz Residence Property Transactions 2018. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/ritz-residence/2018

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Ritz Residence in 2018?
7 property sales worth ⃃ 3,095,000 were registered in Ritz Residence in 2018. That is 75.0% higher than 2017.
What was the median property price in Ritz Residence in 2018?
The median sale price was ⃃ 415,000 and the median price per square foot ⃃ 573 (1 Jan – 31 Dec 2018).
What share of 2018 sales in Ritz Residence were off-plan or from developers?
Developer (primary) sales were 28.6% of the 7 sales and resales 71.4%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/ritz-residence/2018