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

404, Ritz Residence

Sold prices and rental history: sold 5 times, last in April 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 4 July 2025
Last soldAED 329K5 April 2024
Current rentAED 32K /yr4 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 404, Ritz Residence

What is 404 worth today?

Last sold for AED 329,000 in 2024

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4 Jul 2025RentedNew contract
AED 32,000/yr12 months · AED 73 per sqft
5 Apr 2024SoldReady
AED 329,000AED 744 per sqft
4 Jul 2023RentedNew contract
AED 24,000/yr12 months · AED 54 per sqft
6 Oct 2022SoldReady
AED 250,000AED 566 per sqft
29 Aug 2022SoldReady
AED 220,000AED 498 per sqft
10 Jul 2014SoldReady
AED 420,000AED 950 per sqft
5 Jul 2012Sold by developerReady
AED 224,160AED 507 per sqft

Source: Dubai Land Department. Updated 4 July 2025.

Key facts

Type
Studio apartment
Size
442 sqft
Floor
4th of 7
Parking
B2-78
Developer
Alwifaq Investment Properties
Completed
2009
Service charge
AED 6,300 /yr
Last sold
AED 329K · April 2024
Building
Ritz Residence

About 404, Ritz Residence

404 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 5 April 2024 for AED 329,000, or AED 744 per sqft, 19% above the AED 624 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 4 July 2025, is AED 32,000 a year: a gross yield of 9.7% on the 2024 price, before the service charge of about AED 6,300 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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, July 2014: AED 420,000 (AED 950 per sqft)Sold, August 2022: AED 220,000 (AED 498 per sqft)Sold, October 2022: AED 250,000 (AED 566 per sqft)Sold, April 2024: AED 329,000 (AED 744 per sqft)

404 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 404, 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, July 2023: AED 24,000 a yearNew contract, July 2025: AED 32,000 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 404 sits

All 75 studios →

404 last sold in April 2024 at AED 744 per sqft, 19% above what studios in Ritz Residence were fetching at the time (AED 624). 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. 404's AED 32,000 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
403StudioAED 210K · Aug 2014
405StudioAED 425K · Sep 2025
406StudioAED 370K · Oct 2012
407StudioAED 365K · Aug 2016
408StudioAED 366K · Sep 2012
1–7 of 23

404, Ritz Residence in numbers

  • Sold 5 times: first on 5 July 2012 for AED 224,160, last on 5 April 2024 for AED 329,000 (AED 744 per sqft).
  • Rented since July 2023 on 2 Ejari contracts, from AED 24,000 to AED 32,000 a year.
  • At AED 32,000 a year the gross yield on the 2024 price is 9.7%, 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 4 July 2025.

Questions about 404, Ritz Residence

What did unit 404 last sell for?

AED 329,000 on 5 April 2024: AED 744 per sqft for 442 sqft. The unit has 5 registered sales; the first was AED 224,160 in July 2012.

What is the rent for unit 404?

AED 32,000 a year on the contract signed on 4 July 2025. The previous contract, from July 2023, was AED 24,000.

How big is unit 404?

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

What is unit 404 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 404, Ritz Residence

Starts from the last sale price (AED 329K, 5 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 329,000
Deposit, UAE resident (20%)
AED 65,800
Deposit, non-resident (40%)
AED 131,600
Monthly over 25 years at 3.7%
AED 1,346

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