Home
Dubai prices
About
Blog
Studio · 433 sqftRitz Residence, International City Phase 2 & 3 · 3rd floor · completed 2009

322, Ritz Residence

Sold prices and rental history: sold twice, last in October 2022, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 322 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 230K14 October 2022
Current rentAED 31K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 322

Property timeline for 322, Ritz Residence

What is 322 worth today?

Last sold for AED 230,000 in 2022

Unlock today's estimate, updated daily, with

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

1 Aug 2026RentedNew contract
AED 31,000/yr12 months · AED 72 per sqft
14 Oct 2022SoldReady
AED 230,000AED 531 per sqft
1 Nov 2018RentedNew contract
AED 30,000/yr12 months · AED 69 per sqft
1 Nov 2016RentedNew contract
AED 39,889/yr12 months · AED 92 per sqft
1 Jul 2015Sold by developerReady
AED 423,185AED 977 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
3rd of 7
Parking
B2-72
Developer
Alwifaq Investment Properties
Completed
2009
Service charge
AED 6,200 /yr
Last sold
AED 230K · October 2022
Building
Ritz Residence

About 322, Ritz Residence

322 is a studio of 433 sqft on the 3rd 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 14 October 2022 for AED 230,000, or AED 531 per sqft, 5% above the AED 505 studios in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 1 August 2026, is AED 31,000 a year: a gross yield of 13.5% on the 2022 price, before the service charge of about AED 6,200 a year.

Sales and rents for 322 over time

Sales
Unit 322, 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, July 2015: AED 423,185 (AED 977 per sqft)Sold, October 2022: AED 230,000 (AED 531 per sqft)

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

Rents
Unit 322, 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, November 2016: AED 39,889 a yearNew contract, November 2018: AED 30,000 a yearNew contract, August 2026: AED 31,000 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 322 sits

All 75 studios →

322 last sold in October 2022 at AED 531 per sqft, 5% above what studios in Ritz Residence were fetching at the time (AED 505). 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. 322's AED 31,000 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 41K /yr
Typical yield
8.2%
Ritz Residence, International City Phase 2 & 3: prices, sales and rents →

Other units on the 3rd floor

All 150 units in Ritz Residence
Value
3011-bedAED 360K · Jul 2023
302StudioAED 270K · Dec 2019
303StudioAED 395K · Dec 2011
304StudioAED 395K · Dec 2011
305StudioAED 395K · Feb 2012
306StudioAED 395K · Oct 2012
307StudioAED 388K · Aug 2012
1–7 of 23

322, Ritz Residence in numbers

  • Sold twice: first on 1 July 2015 for AED 423,185, last on 14 October 2022 for AED 230,000 (AED 531 per sqft).
  • Rented since November 2016 on 3 Ejari contracts, from AED 39,889 to AED 31,000 a year.
  • At AED 31,000 a year the gross yield on the 2022 price is 13.5%, 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 2026.

Questions about 322, Ritz Residence

What did unit 322 last sell for?

AED 230,000 on 14 October 2022: AED 531 per sqft for 433 sqft. The unit has 2 registered sales; the first was AED 423,185 in July 2015.

What is the rent for unit 322?

AED 31,000 a year on the contract signed on 1 August 2026. The previous contract, from November 2018, was AED 30,000; the unit has been rented since November 2016.

How big is unit 322?

433 sqft (40.2 sqm): a studio on the 3rd floor of a 7-storey tower completed in 2009.

What is unit 322 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.

Selling 322? 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 322, Ritz Residence

Starts from the last sale price (AED 230K, 14 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 230,000
Deposit, UAE resident (20%)
AED 46,000
Deposit, non-resident (40%)
AED 92,000
Monthly over 25 years at 3.7%
AED 941

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