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Studio · 417 sqftRitz Residence, International City Phase 2 & 3 · 2nd floor · completed 2009

220, Ritz Residence

Sold prices and rental history: sold twice, last in September 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 220 · DLD and Ejari recordsUpdated 28 March 2026
Last soldAED 495K29 September 2014
Current rentAED 38K /yr28 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 220, Ritz Residence

What is 220 worth today?

Last sold for AED 495,000 in 2014

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28 Mar 2026RentedNew contract
AED 38,000/yr12 months · AED 91 per sqft
15 Nov 2024RentedNew contract
AED 27,830/yr12 months · AED 66 per sqft
15 Nov 2024RentedNew contract
AED 27,830/yr12 months · AED 66 per sqft
15 Nov 2022RentedNew contract
AED 22,000/yr12 months · AED 52 per sqft
15 Nov 2021RentedNew contract
AED 20,000/yr12 months · AED 48 per sqft
21 Sep 2019RentedNew contract
AED 25,000/yr12 months · AED 60 per sqft
20 Jul 2019RentedNew contract
AED 26,000/yr12 months · AED 62 per sqft
14 Jun 2016RentedNew contract
AED 38,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 28 March 2026.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
2nd of 7
Parking
B2-44
Developer
Alwifaq Investment Properties
Completed
2009
Service charge
AED 6,000 /yr
Last sold
AED 495K · September 2014
Building
Ritz Residence

About 220, Ritz Residence

220 is a studio of 417 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. It last sold on 29 September 2014 for AED 495,000, or AED 1,186 per sqft, 52% above the AED 781 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 28 March 2026, is AED 38,000 a year: a gross yield of 7.7% on the 2014 price, before the service charge of about AED 6,000 a year.

Sales and rents for 220 over time

Sales
Unit 220, each saleTypical studio in Ritz Residence
200K400K2011201520192023Typical 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, March 2014: AED 335,000 (AED 802 per sqft)Sold, September 2014: AED 495,000 (AED 1,186 per sqft)

220 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 220, 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, February 2016: AED 37,800 a yearNew contract, June 2016: AED 38,000 a yearNew contract, July 2019: AED 26,000 a yearNew contract, September 2019: AED 25,000 a yearNew contract, November 2021: AED 20,000 a yearNew contract, November 2022: AED 22,000 a yearNew contract, November 2024: AED 27,830 a yearNew contract, November 2024: AED 27,830 a yearNew contract, March 2026: AED 38,000 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 220 sits

All 75 studios →

220 last sold in September 2014 at AED 1,186 per sqft, 52% above what studios in Ritz Residence were fetching at the time (AED 781). 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. 220's AED 38,000 is in the lower half 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
207StudioAED 223K · Sep 2012
1–7 of 23

220, Ritz Residence in numbers

  • Sold twice: first on 3 March 2014 for AED 335,000, last on 29 September 2014 for AED 495,000 (AED 1,186 per sqft).
  • Rented since February 2016 on 9 Ejari contracts. The rent fell from AED 37,800 to AED 20,000 in 2021 and recovered to AED 38,000 by March 2026.
  • At AED 38,000 a year the gross yield on the 2014 price is 7.7%, before a service charge of about AED 6,000 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 28 March 2026.

Questions about 220, Ritz Residence

What did unit 220 last sell for?

AED 495,000 on 29 September 2014: AED 1,186 per sqft for 417 sqft. The unit has 2 registered sales; the first was AED 335,000 in March 2014.

What is the rent for unit 220?

AED 38,000 a year on the contract signed on 28 March 2026. The previous contract, from November 2024, was AED 27,830; the unit has been rented since February 2016.

How big is unit 220?

417 sqft (38.7 sqm): a studio on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 220 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 220, Ritz Residence

Starts from the last sale price (AED 495K, 29 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

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