Home
Dubai prices
About
Research
1-bed · 907 sqftRitz Residence, International City Phase 2 & 3 · 2nd floor · completed 2009

215, Ritz Residence

Sold prices and rental history: sold once, by the developer in July 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215 · DLD and Ejari recordsUpdated 30 March 2026
Last soldAED 360K10 July 2023
Current rentAED 40K /yr30 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 215

Property timeline for 215, Ritz Residence

What is 215 worth today?

Last sold for AED 360,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

30 Mar 2026RentedRenewal
AED 39,600/yr12 months · AED 44 per sqft
30 Mar 2025RentedRenewal
AED 39,600/yr12 months · AED 44 per sqft
30 Mar 2024RentedNew contract
AED 36,000/yr12 months · AED 40 per sqft
10 Jul 2023Sold by developerReady
AED 360,000AED 396 per sqft
28 Mar 2023RentedNew contract
AED 32,000/yr12 months · AED 35 per sqft
20 Feb 2022RentedRenewal
AED 34,000/yr13 months · AED 37 per sqft
20 Dec 2020RentedNew contract
AED 34,000/yr14 months · AED 37 per sqft
20 Nov 2018RentedNew contract
AED 40,000/yr12 months · AED 44 per sqft

Source: Dubai Land Department. Updated 30 March 2026.

Key facts

Type
1-bed apartment
Size
907 sqft
Floor
2nd of 7
Parking
B2-39
Developer
Alwifaq Investment Properties
Completed
2009
Service charge
AED 13,000 /yr
Last sold
AED 360K · July 2023
Building
Ritz Residence

About 215, Ritz Residence

215 is a one-bedroom apartment of 907 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 10 July 2023 for AED 360,000, or AED 396 per sqft, 15% below the AED 464 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 30 March 2026, is AED 39,600 a year: a gross yield of 11.0% on the 2023 price, before the service charge of about AED 13,000 a year.

Sales and rents for 215 over time

Sales
Unit 215, each saleTypical one-bed in Ritz Residence
400K600K20112015201920232027Typical sale price by year: 2011 AED 630,000; 2012 AED 647,500; 2013 AED 400,000; 2014 AED 615,000; 2015 AED 620,000; 2016 AED 620,000; 2018 AED 332,500; 2021 AED 383,000; 2022 AED 365,000; 2023 AED 370,000; 2024 AED 447,000; 2025 AED 552,500; 2026 AED 675,000Sold by developer, July 2023: AED 360,000 (AED 396 per sqft)

215 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 215, each contractTypical one-bed in Ritz Residence
30K40K50K2012201620202024Typical rent by year: 2012 AED 32,000; 2013 AED 35,000; 2014 AED 39,779; 2015 AED 43,500; 2016 AED 49,862; 2017 AED 48,000; 2018 AED 45,000; 2019 AED 40,000; 2020 AED 32,500; 2021 AED 30,000; 2022 AED 32,000; 2023 AED 34,825; 2024 AED 40,000; 2025 AED 45,000; 2026 AED 50,000New contract, September 2012: AED 30,000 a yearNew contract, September 2013: AED 33,906 a yearNew contract, September 2014: AED 42,800 a yearNew contract, February 2017: AED 45,000 a yearNew contract, August 2017: AED 49,724 a yearNew contract, November 2018: AED 40,000 a yearNew contract, December 2020: AED 34,000 a yearRenewal, February 2022: AED 34,000 a yearNew contract, March 2023: AED 32,000 a yearNew contract, March 2024: AED 36,000 a yearRenewal, March 2025: AED 39,600 a yearRenewal, March 2026: AED 39,600 a year

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

1-beds in Ritz Residence, and where 215 sits

All 75 1-beds →

215 last sold in July 2023 at AED 396 per sqft, 15% below what one-beds in Ritz Residence were fetching at the time (AED 464). Over the last 12 months one-beds sold for AED 330,000 to 700,000, around AED 838 per sqft, and rent for AED 25,000 to 63,000 a year. 215's AED 39,600 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Aug 2026680,000
18 Jun 2026700,000
15 May 2026670,000
13 May 2026330,000
7 1-bed 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
207StudioAED 223K · Sep 2012
1–7 of 23

215, Ritz Residence in numbers

  • Sold once: by Alwifaq Investment Properties on 10 July 2023 for AED 360,000, or AED 396 per sqft.
  • Rented since September 2012 on 12 Ejari contracts, from AED 30,000 to AED 39,600 a year.
  • At AED 39,600 a year the gross yield on the 2023 price is 11.0%, before a service charge of about AED 13,000 a year (AED 14.31 per sqft).
  • One-beds in Ritz Residence sold for AED 330,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 833 per sqft.

Source: Dubai Land Department. Updated 30 March 2026.

Questions about 215, Ritz Residence

What did unit 215 last sell for?

AED 360,000 on 10 July 2023, sold by the developer: AED 396 per sqft for 907 sqft. It is the only registered sale of the unit.

What is the rent for unit 215?

AED 39,600 a year on the contract renewed on 30 March 2026. The previous contract, from March 2025, was AED 39,600; the unit has been rented since September 2012.

How big is unit 215?

907 sqft (84.3 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 215 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ritz Residence sold for AED 330,000 to 700,000 in the last 12 months, around AED 838 per sqft.

Selling 215? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 215, Ritz Residence

Starts from the last sale price (AED 360K, 10 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 360,000
Deposit, UAE resident (20%)
AED 72,000
Deposit, non-resident (40%)
AED 144,000
Monthly over 25 years at 3.7%
AED 1,473

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