3-bed · 1,499 sqftAl Ramth 01, Remraam · 1st floor · completed 2011

106, Al Ramth 01

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 14 November 2024
Last soldAED 1.45M1 July 2024
Current rentAED 94K /yr14 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Al Ramth 01

What is 106 worth today?

Last sold for AED 1,450,000 in 2024

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14 Nov 2024RentedRenewal
AED 94,153/yr7 months · AED 63 per sqft
1 Jul 2024SoldReady
AED 1,450,000AED 967 per sqft
14 Nov 2023RentedRenewal
AED 90,195/yr12 months · AED 60 per sqft
14 Nov 2022RentedRenewal
AED 78,430/yr12 months · AED 52 per sqft
14 Nov 2021RentedRenewal
AED 71,300/yr12 months · AED 48 per sqft
14 Nov 2020RentedNew contract
AED 62,000/yr12 months · AED 41 per sqft
23 Oct 2016SoldReady
AED 1,275,000AED 850 per sqft
14 Jun 2016Sold by developerReady
AED 1,381,800AED 921 per sqft

Source: Dubai Land Department. Updated 14 November 2024.

Key facts

Type
3-bed apartment
Size
1,499 sqft
Floor
1st of 5
Parking
G-16,G-17
Developer
Remraam
Completed
2011
Service charge
AED 23,000 /yr
Last sold
AED 1.45M · July 2024
Building
Al Ramth 01

About 106, Al Ramth 01

106 is a three-bedroom apartment of 1,499 sqft on the 1st floor of Al Ramth 01, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 1 July 2024 for AED 1,450,000, or AED 967 per sqft, 49% above the AED 649 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 14 November 2024, is AED 94,153 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 23,000 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical three-bed in Al Ramth 01
1.4M1.6M2014201720202023Typical sale price by year: 2014 AED 1,671,000; 2024 AED 1,470,000Sold by developer, June 2016: AED 1,381,800 (AED 921 per sqft)Sold, October 2016: AED 1,275,000 (AED 850 per sqft)Sold, July 2024: AED 1,450,000 (AED 967 per sqft)

106 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 106, each contractTypical three-bed in Al Ramth 01
75K100K201720202023Typical rent by year: 2017 AED 115,000; 2018 AED 100,000; 2019 AED 80,000; 2020 AED 77,500; 2022 AED 92,000; 2023 AED 100,000New contract, November 2020: AED 62,000 a yearRenewal, November 2021: AED 71,300 a yearRenewal, November 2022: AED 78,430 a yearRenewal, November 2023: AED 90,195 a yearRenewal, November 2024: AED 94,153 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Al Ramth 01, and where 106 sits

All 5 3-beds →

106 last sold in July 2024 at AED 967 per sqft, 49% above what three-beds in Al Ramth 01 were fetching at the time (AED 649).

Recent 3-bed salesUnit no.Price (AED)Summary
26 Aug 20241,550,000
6 Mar 20241,490,000
1 Feb 20241,330,000
29 Aug 2021915,000
0 3-bed sales in the last 12 months

Al Ramth 01

Building

45 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 51K /yr
Typical yield
Al Ramth 01, Remraam: prices, sales and rents →

Other units on the 1st floor

All 45 units in Al Ramth 01
Value
1011-bedAED 822K · Apr 2015
1033-bedAED 1.49M · Dec 2014
1042-bedAED 695K · Jul 2023
1052-bedAED 910K · Apr 2025
1073-bedAED 1.49M · Mar 2024
1081-bedAED 665K · Jul 2024

106, Al Ramth 01 in numbers

  • Sold 3 times: first on 14 June 2016 for AED 1,381,800, last on 1 July 2024 for AED 1,450,000 (AED 967 per sqft).
  • Rented since November 2020 on 5 Ejari contracts, from AED 62,000 to AED 94,153 a year.
  • At AED 94,153 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 23,000 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 14 November 2024.

Questions about 106, Al Ramth 01

What did unit 106 last sell for?

AED 1,450,000 on 1 July 2024: AED 967 per sqft for 1,499 sqft. The unit has 3 registered sales; the first was AED 1,381,800 in June 2016.

What is the rent for unit 106?

AED 94,153 a year on the contract renewed on 14 November 2024. The previous contract, from November 2023, was AED 90,195; the unit has been rented since November 2020.

How big is unit 106?

1,499 sqft (139.3 sqm): a three-bedroom apartment on the 1st floor of a 5-storey tower completed in 2011.

What is unit 106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 106, Al Ramth 01

Starts from the last sale price (AED 1.45M, 1 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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