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

405, Ritz Residence

Sold prices and rental history: sold 5 times, last in September 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 23 September 2025
Last soldAED 425K9 September 2025
Current rentAED 40K /yr23 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 405, Ritz Residence

What is 405 worth today?

Last sold for AED 425,000 in 2025

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23 Sep 2025RentedNew contract
AED 40,109/yr12 months · AED 91 per sqft
9 Sep 2025SoldReady
AED 425,000AED 962 per sqft
8 Sep 2024RentedNew contract
AED 36,000/yr12 months · AED 82 per sqft
1 Mar 2023RentedRenewal
AED 24,200/yr12 months · AED 55 per sqft
8 Sep 2022SoldReady
AED 250,000AED 566 per sqft
29 Aug 2022SoldReady
AED 220,000AED 498 per sqft
1 Feb 2022RentedNew contract
AED 22,000/yr13 months · AED 50 per sqft
15 Jan 2018RentedNew contract
AED 35,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 23 September 2025.

Key facts

Type
Studio apartment
Size
442 sqft
Floor
4th of 7
Parking
B2-79
Developer
Alwifaq Investment Properties
Completed
2009
Service charge
AED 6,300 /yr
Last sold
AED 425K · September 2025
Building
Ritz Residence

About 405, Ritz Residence

405 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 9 September 2025 for AED 425,000, or AED 962 per sqft, 26% above the AED 762 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 23 September 2025, is AED 40,109 a year: a gross yield of 9.4% on the 2025 price, before the service charge of about AED 6,300 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, August 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, September 2022: AED 250,000 (AED 566 per sqft)Sold, September 2025: AED 425,000 (AED 962 per sqft)

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

Rents
Unit 405, each contractTypical studio in Ritz Residence
20K40K60K2012201620202024Typical 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, September 2013: AED 23,000 a yearNew contract, July 2014: AED 60,000 a yearNew contract, November 2014: AED 40,000 a yearNew contract, November 2015: AED 40,000 a yearNew contract, January 2018: AED 35,000 a yearNew contract, February 2022: AED 22,000 a yearRenewal, March 2023: AED 24,200 a yearNew contract, September 2024: AED 36,000 a yearNew contract, September 2025: AED 40,109 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 405 sits

All 75 studios →

405 last sold in September 2025 at AED 962 per sqft, 26% above what studios in Ritz Residence were fetching at the time (AED 762). 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. 405's AED 40,109 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
22 Apr 2025367,000
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
404StudioAED 329K · Apr 2024
406StudioAED 370K · Oct 2012
407StudioAED 365K · Aug 2016
408StudioAED 366K · Sep 2012
1–7 of 23

405, Ritz Residence in numbers

  • Sold 5 times: first on 1 August 2012 for AED 224,160, last on 9 September 2025 for AED 425,000 (AED 962 per sqft).
  • Rented since September 2013 on 9 Ejari contracts, from AED 23,000 to AED 40,109 a year.
  • At AED 40,109 a year the gross yield on the 2025 price is 9.4%, 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 23 September 2025.

Questions about 405, Ritz Residence

What did unit 405 last sell for?

AED 425,000 on 9 September 2025: AED 962 per sqft for 442 sqft. The unit has 5 registered sales; the first was AED 224,160 in August 2012.

What is the rent for unit 405?

AED 40,109 a year on the contract signed on 23 September 2025. The previous contract, from September 2024, was AED 36,000; the unit has been rented since September 2013.

How big is unit 405?

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

What is unit 405 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 405, Ritz Residence

Starts from the last sale price (AED 425K, 9 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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