A new stable dual-wavelength fiber ring laser based on erbium doped fiber amplification is reported. The laser is based on ring resonators and employs fiber Bragg gratings to select the operation wavelengths. The topology of the laser has a significant influence in its performance: allowing an independent control of the losses and achieving a low noise configuration. As a result, it is experimentally demonstrated that both emission lines work in single-longitudinal-mode operation and the topology offers a better stability and higher optical signal-to-noise ratios than similar configurations.