3-bed · 2,295 sqftAl Ramth 01, Remraam · 1st floor · completed 2011

107, Al Ramth 01

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 6 March 2024
Last soldAED 1.49M6 March 2024
Current rentAED 80K /yr17 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Al Ramth 01

What is 107 worth today?

Last sold for AED 1,490,000 in 2024

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6 Mar 2024SoldReady
AED 1,490,000AED 649 per sqft
29 Aug 2021SoldReady
AED 915,000AED 398 per sqft
17 Jul 2020RentedNew contract
AED 80,000/yr12 months · AED 35 per sqft
17 Jul 2019RentedNew contract
AED 80,000/yr12 months · AED 35 per sqft
20 Dec 2018RentedRenewal
AED 100,000/yr12 months · AED 44 per sqft
20 Dec 2017RentedRenewal
AED 110,000/yr12 months · AED 48 per sqft
20 Dec 2016RentedNew contract
AED 115,000/yr12 months · AED 50 per sqft
24 Oct 2015RentedNew contract
AED 130,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 6 March 2024.

Key facts

Type
3-bed apartment
Size
2,295 sqft
Floor
1st of 5
Parking
G-18,G-19
Developer
Remraam
Completed
2011
Service charge
AED 35,200 /yr
Last sold
AED 1.49M · March 2024
Building
Al Ramth 01

About 107, Al Ramth 01

107 is a three-bedroom apartment of 2,295 sqft on the 1st floor of Al Ramth 01, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 6 March 2024 for AED 1,490,000, or AED 649 per sqft.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 17 July 2020, is AED 80,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 35,200 a year.

Sales and rents for 107 over time

Sales
Unit 107, each saleTypical three-bed in Al Ramth 01
1M1.5M2014201720202023Typical sale price by year: 2014 AED 1,671,000; 2024 AED 1,470,000Sold by developer, November 2014: AED 1,711,000 (AED 745 per sqft)Sold, August 2021: AED 915,000 (AED 398 per sqft)Sold, March 2024: AED 1,490,000 (AED 649 per sqft)

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

Rents
Unit 107, each contractTypical three-bed in Al Ramth 01
100K2014201720202023Typical 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, October 2014: AED 135,000 a yearNew contract, October 2015: AED 130,000 a yearNew contract, December 2016: AED 115,000 a yearRenewal, December 2017: AED 110,000 a yearRenewal, December 2018: AED 100,000 a yearNew contract, July 2019: AED 80,000 a yearNew contract, July 2020: AED 80,000 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 107 sits

All 5 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
26 Aug 20241,550,000
1 Jul 20241,450,000
1 Feb 20241,330,000
23 Oct 20161,275,000
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
1063-bedAED 1.45M · Jul 2024
1081-bedAED 665K · Jul 2024

107, Al Ramth 01 in numbers

  • Sold 3 times: first on 13 November 2014 for AED 1,711,000, last on 6 March 2024 for AED 1,490,000 (AED 649 per sqft).
  • Rented since October 2014 on 7 Ejari contracts, from AED 135,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 35,200 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 6 March 2024.

Questions about 107, Al Ramth 01

What did unit 107 last sell for?

AED 1,490,000 on 6 March 2024: AED 649 per sqft for 2,295 sqft. The unit has 3 registered sales; the first was AED 1,711,000 in November 2014.

What is the rent for unit 107?

AED 80,000 a year on the contract signed on 17 July 2020. The previous contract, from July 2019, was AED 80,000; the unit has been rented since October 2014.

How big is unit 107?

2,295 sqft (213.2 sqm): a three-bedroom apartment on the 1st floor of a 5-storey tower completed in 2011.

What is unit 107 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 107, Al Ramth 01

Starts from the last sale price (AED 1.49M, 6 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,490,000
Deposit, UAE resident (20%)
AED 298,000
Deposit, non-resident (40%)
AED 596,000
Monthly over 25 years at 3.7%
AED 6,096

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