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Studio · 442 sqftRitz Residence, International City Phase 2 & 3 · 4th floor · completed 2009

403, Ritz Residence

Sold prices and rental history: sold twice, last in August 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 21 March 2026
Last soldAED 210K21 August 2014
Current rentAED 34K /yr21 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 403, Ritz Residence

What is 403 worth today?

Last sold for AED 210,000 in 2014

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21 Mar 2026RentedRenewal
AED 34,000/yr12 months · AED 77 per sqft
21 Mar 2025RentedNew contract
AED 30,000/yr12 months · AED 68 per sqft
21 Mar 2023RentedRenewal
AED 24,500/yr12 months · AED 55 per sqft
21 Mar 2022RentedNew contract
AED 23,000/yr12 months · AED 52 per sqft
25 Nov 2019RentedNew contract
AED 24,000/yr12 months · AED 54 per sqft
21 Aug 2014SoldReady
AED 210,000AED 475 per sqft
5 Jul 2012Sold by developerReady
AED 224,160AED 507 per sqft

Source: Dubai Land Department. Updated 21 March 2026.

Key facts

Type
Studio apartment
Size
442 sqft
Floor
4th of 7
Parking
B2-77
Developer
Alwifaq Investment Properties
Completed
2009
Service charge
AED 6,300 /yr
Last sold
AED 210K · August 2014
Building
Ritz Residence

About 403, Ritz Residence

403 is a studio of 442 sqft on the 4th 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 21 August 2014 for AED 210,000, or AED 475 per sqft, 38% below the AED 760 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 21 March 2026, is AED 34,000 a year: a gross yield of 16.2% on the 2014 price, before the service charge of about AED 6,300 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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 2012: AED 224,160 (AED 507 per sqft)Sold, August 2014: AED 210,000 (AED 475 per sqft)

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

Rents
Unit 403, 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 2019: AED 24,000 a yearNew contract, March 2022: AED 23,000 a yearRenewal, March 2023: AED 24,500 a yearNew contract, March 2025: AED 30,000 a yearRenewal, March 2026: AED 34,000 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 403 sits

All 75 studios →

403 last sold in August 2014 at AED 475 per sqft, 38% below what studios in Ritz Residence were fetching at the time (AED 760). 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. 403's AED 34,000 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 4th floor

All 150 units in Ritz Residence
Value
4011-bedAED 360K · Aug 2023
402StudioAED 230K · Oct 2022
404StudioAED 329K · Apr 2024
405StudioAED 425K · Sep 2025
406StudioAED 370K · Oct 2012
407StudioAED 365K · Aug 2016
408StudioAED 366K · Sep 2012
1–7 of 23

403, Ritz Residence in numbers

  • Sold twice: first on 5 July 2012 for AED 224,160, last on 21 August 2014 for AED 210,000 (AED 475 per sqft).
  • Rented since November 2019 on 5 Ejari contracts, from AED 24,000 to AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2014 price is 16.2%, before a service charge of about AED 6,300 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 21 March 2026.

Questions about 403, Ritz Residence

What did unit 403 last sell for?

AED 210,000 on 21 August 2014: AED 475 per sqft for 442 sqft. The unit has 2 registered sales; the first was AED 224,160 in July 2012.

What is the rent for unit 403?

AED 34,000 a year on the contract renewed on 21 March 2026. The previous contract, from March 2025, was AED 30,000; the unit has been rented since November 2019.

How big is unit 403?

442 sqft (41.1 sqm): a studio on the 4th floor of a 7-storey tower completed in 2009.

What is unit 403 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 403, Ritz Residence

Starts from the last sale price (AED 210K, 21 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 210,000
Deposit, UAE resident (20%)
AED 42,000
Deposit, non-resident (40%)
AED 84,000
Monthly over 25 years at 3.7%
AED 859

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