Studio · 479 sqftRitz Residence, International City Phase 2 & 3 · 2nd floor · completed 2009

208, Ritz Residence

Sold prices and rental history: sold once, by the developer in December 2012, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 208 · DLD and Ejari recordsUpdated 12 December 2017

Last soldAED 400K31 December 2012

Current rentAED 35K /yr12 December 2017

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 208, Ritz Residence

Today

What is 208 worth today?

Last sold for AED 400,000 in 2012

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12 Dec 2017

12 Dec 2017RentedNew contract

AED 35,000/yr12 months · AED 73 per sqft

20 Nov 2016

20 Nov 2016RentedNew contract

AED 35,900/yr12 months · AED 75 per sqft

15 Sep 2013

15 Sep 2013RentedNew contract

AED 24,663/yr12 months · AED 51 per sqft

31 Dec 2012

31 Dec 2012Sold by developerReady

AED 400,000AED 834 per sqft

Source: Dubai Land Department. Updated 12 December 2017.

Key facts

Type: Studio apartment
Size: 479 sqft
Floor: 2nd of 7
Parking: B2-32
Developer: Alwifaq Investment Properties
Completed: 2009
Service charge: AED 6,900 /yr
Last sold: AED 400K · December 2012
Building: Ritz Residence

About 208, Ritz Residence

208 is a studio of 479 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 31 December 2012 for AED 400,000, or AED 834 per sqft, in line with the AED 834 studios in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 12 December 2017, is AED 35,000 a year: a gross yield of 8.8% on the 2012 price, before the service charge of about AED 6,900 a year.

Sales and rents for 208 over time

Sales

Unit 208, each saleTypical studio in Ritz Residence

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

Rents

Unit 208, each contractTypical studio in Ritz Residence

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 208 sits

All 75 studios →

Studios in Ritz Residence · last 12 months828 /sqft Ritz Residence · all types833 /sqft

208 last sold in December 2012 at AED 834 per sqft, in line with what studios in Ritz Residence were fetching at the time (AED 834). 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. 208's AED 35,000 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
2 Nov 20262 November 2026	411 sqft	420,000	1,022
21 Nov 202521 November 2025	620 sqft	465,000	749
10 Nov 202510 November 2025	495 sqft	410,000	828
9 Sep 20259 September 2025	442 sqft	425,000	962

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 41K /yr
Typical yield: 8.2%

Ritz Residence, International City Phase 2 & 3: prices, sales and rents →

Other units on the 2nd floor

All 150 units in Ritz Residence


201	1-bed	791 sqft	AED 400KAED 400,000 · Oct 2024October 2024	48,000 /yr
202	Studio	434 sqft	AED 370KAED 370,000 · Dec 2011December 2011	25,000 /yr
203	Studio	442 sqft	AED 350KAED 350,000 · Apr 2024April 2024	40,000 /yr
204	Studio	442 sqft	AED 295KAED 295,000 · Jan 2024January 2024	31,500 /yr
205	Studio	442 sqft	AED 320KAED 320,000 · Nov 2023November 2023	25,000 /yr
206	Studio	434 sqft	AED 233KAED 233,365 · Oct 2012October 2012	40,000 /yr
207	Studio	434 sqft	AED 223KAED 223,365 · Sep 2012September 2012	24,000 /yr
209	1-bed	827 sqft	AED 360KAED 360,000 · Jun 2023June 2023	34,000 /yr
210	1-bed	796 sqft	AED 630KAED 630,000 · Nov 2025November 2025	52,000 /yr
211	1-bed	796 sqft	AED 600KAED 600,000 · Nov 2012November 2012	32,000 /yr
212	1-bed	761 sqft	AED 375KAED 375,000 · Mar 2023March 2023	40,000 /yr
213	1-bed	820 sqft	AED 360KAED 360,000 · Jan 2023January 2023	30,000 /yr
214	1-bed	780 sqft	AED 432KAED 432,000 · Apr 2025April 2025	51,000 /yr
215	1-bed	907 sqft	AED 360KAED 360,000 · Jul 2023July 2023	39,600 /yr
216	1-bed	802 sqft	AED 370KAED 370,000 · Dec 2022December 2022	30,000 /yr
217	1-bed	793 sqft	AED 610KAED 610,000 · Apr 2014April 2014	53,000 /yr
218	1-bed	788 sqft	AED 500KAED 500,000 · Jan 2025January 2025	54,000 /yr
219	1-bed	883 sqft	AED 395KAED 395,000 · Oct 2021October 2021	33,000 /yr
220	Studio	417 sqft	AED 495KAED 495,000 · Sep 2014September 2014	38,000 /yr
221	Studio	433 sqft	AED 388KAED 388,000 · Feb 2012February 2012	28,940 /yr
222	Studio	433 sqft	AED 395KAED 395,000 · Dec 2011December 2011	29,348 /yr
223	Studio	433 sqft	AED 395KAED 395,000 · Dec 2011December 2011	32,000 /yr
224	Studio	411 sqft	AED 250KAED 250,000 · Jan 2018January 2018	33,000 /yr

1–7 of 23

208, Ritz Residence in numbers

Sold once: by Alwifaq Investment Properties on 31 December 2012 for AED 400,000, or AED 834 per sqft.
Rented since September 2013 on 3 Ejari contracts, from AED 24,663 to AED 35,000 a year.
At AED 35,000 a year the gross yield on the 2012 price is 8.8%, before a service charge of about AED 6,900 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 12 December 2017.

Questions about 208, Ritz Residence

What did unit 208 last sell for?

AED 400,000 on 31 December 2012, sold by the developer: AED 834 per sqft for 479 sqft. It is the only registered sale of the unit.

What is the rent for unit 208?

AED 35,000 a year on the contract signed on 12 December 2017. The previous contract, from November 2016, was AED 35,900; the unit has been rented since September 2013.

How big is unit 208?

479 sqft (44.5 sqm): a studio on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 208 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 208, Ritz Residence

Starts from the last sale price (AED 400K, 31 December 2012). Switch to today's estimate once you have unlocked it.

Price: AED 400,000
Deposit, UAE resident (20%): AED 80,000
Deposit, non-resident (40%): AED 160,000
Monthly over 25 years at 3.7%: AED 1,637

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