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Studio · 434 sqftRitz Residence, International City Phase 2 & 3 · 2nd floor · completed 2009

207, Ritz Residence

Sold prices and rental history: sold once, by the developer in September 2012, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 223K16 September 2012
Current rentAED 24K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 207, Ritz Residence

What is 207 worth today?

Last sold for AED 223,365 in 2012

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1 Aug 2025RentedNew contract
AED 24,000/yr12 months · AED 56 per sqft
15 Jul 2023RentedNew contract
AED 25,000/yr12 months · AED 58 per sqft
1 Nov 2020RentedNew contract
AED 19,800/yr12 months · AED 46 per sqft
1 Nov 2018RentedNew contract
AED 30,000/yr12 months · AED 69 per sqft
20 Sep 2017RentedNew contract
AED 32,000/yr12 months · AED 74 per sqft
16 Sep 2012Sold by developerReady
AED 223,365AED 514 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
Studio apartment
Size
434 sqft
Floor
2nd of 7
Parking
B2-31
Developer
Alwifaq Investment Properties
Completed
2009
Service charge
AED 6,200 /yr
Last sold
AED 223K · September 2012
Building
Ritz Residence

About 207, Ritz Residence

207 is a studio of 434 sqft on the 2nd floor of Ritz Residence, a 7-storey tower in International City Phase 2 & 3 completed in 2009 by Alwifaq Investment Properties. The developer sold it on 16 September 2012 for AED 223,365, or AED 514 per sqft, 37% below the AED 819 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 1 August 2025, is AED 24,000 a year: a gross yield of 10.7% on the 2012 price, before the service charge of about AED 6,200 a year.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical studio in Ritz Residence
200K300K400K2011201520192023Typical sale price by year: 2011 AED 380,000; 2012 AED 380,000; 2013 AED 320,000; 2014 AED 348,720; 2015 AED 420,000; 2016 AED 370,000; 2017 AED 372,500; 2018 AED 330,000; 2022 AED 237,500; 2023 AED 275,000; 2024 AED 355,000; 2025 AED 417,500Sold by developer, September 2012: AED 223,365 (AED 514 per sqft)

207 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 207, each contractTypical studio in Ritz Residence
20K30K40K2012201620202024Typical rent by year: 2012 AED 20,500; 2013 AED 26,000; 2014 AED 34,000; 2015 AED 39,500; 2016 AED 39,779; 2017 AED 36,000; 2018 AED 30,000; 2019 AED 25,750; 2020 AED 22,500; 2021 AED 20,000; 2022 AED 22,000; 2023 AED 25,000; 2024 AED 30,000; 2025 AED 32,000; 2026 AED 36,000New contract, September 2017: AED 32,000 a yearNew contract, November 2018: AED 30,000 a yearNew contract, November 2020: AED 19,800 a yearNew contract, July 2023: AED 25,000 a yearNew contract, August 2025: AED 24,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Ritz Residence, and where 207 sits

All 75 studios →

207 last sold in September 2012 at AED 514 per sqft, 37% below what studios in Ritz Residence were fetching at the time (AED 819). Over the last 12 months studios sold for AED 410,000 to 465,000, around AED 828 per sqft, and rent for AED 25,000 to 60,000 a year. 207's AED 24,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
2 Nov 2026420,000
21 Nov 2025465,000
10 Nov 2025410,000
9 Sep 2025425,000
3 studio sales in the last 12 months

Ritz Residence

Building

150 apartments, studios to 1-bed over 7 floors in International City Phase 2 & 3, completed in 2009 by Alwifaq Investment Properties. 10 sold in the last 12 months.

Typical price per sqft
AED 833 Up 26.2%
Typical sale
AED 565K
Typical rent
AED 40K /yr
Typical yield
8.3%
Ritz Residence, International City Phase 2 & 3: prices, sales and rents →

Other units on the 2nd floor

All 150 units in Ritz Residence
Value
2011-bedAED 400K · Oct 2024
202StudioAED 370K · Dec 2011
203StudioAED 350K · Apr 2024
204StudioAED 295K · Jan 2024
205StudioAED 320K · Nov 2023
206StudioAED 233K · Oct 2012
208StudioAED 400K · Dec 2012
1–7 of 23

207, Ritz Residence in numbers

  • Sold once: by Alwifaq Investment Properties on 16 September 2012 for AED 223,365, or AED 514 per sqft.
  • Rented since September 2017 on 5 Ejari contracts. The rent fell from AED 32,000 to AED 19,800 in 2020 and recovered to AED 24,000 by August 2025.
  • At AED 24,000 a year the gross yield on the 2012 price is 10.7%, before a service charge of about AED 6,200 a year (AED 14.31 per sqft).
  • Studios in Ritz Residence sold for AED 410,000–465,000 in the 12 months to November 2026; the building's median across all types is AED 833 per sqft.

Source: Dubai Land Department. Updated 1 August 2025.

Questions about 207, Ritz Residence

What did unit 207 last sell for?

AED 223,365 on 16 September 2012, sold by the developer: AED 514 per sqft for 434 sqft. It is the only registered sale of the unit.

What is the rent for unit 207?

AED 24,000 a year on the contract signed on 1 August 2025. The previous contract, from July 2023, was AED 25,000; the unit has been rented since September 2017.

How big is unit 207?

434 sqft (40.3 sqm): a studio on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 207 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Ritz Residence sold for AED 410,000 to 465,000 in the last 12 months, around AED 828 per sqft.

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Mortgage on 207, Ritz Residence

Starts from the last sale price (AED 223K, 16 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 223,365
Deposit, UAE resident (20%)
AED 44,673
Deposit, non-resident (40%)
AED 89,346
Monthly over 25 years at 3.7%
AED 914

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →