1-bed · 665 sqftAl Ramth 01, Remraam · 2nd floor · completed 2011

201, Al Ramth 01

Sold prices and rental history: sold once, by the developer in November 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 20 July 2024
Last soldAED 652K11 November 2014
Current rentAED 54K /yr20 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Al Ramth 01

What is 201 worth today?

Last sold for AED 652,000 in 2014

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20 Jul 2024RentedNew contract
AED 54,000/yr12 months · AED 81 per sqft
18 May 2016RentedNew contract
AED 57,000/yr12 months · AED 85 per sqft
30 May 2015RentedNew contract
AED 54,759/yr11 months · AED 82 per sqft
15 Nov 2014RentedNew contract
AED 130,000/yr12 months · AED 195 per sqft
11 Nov 2014Sold by developerReady
AED 652,000AED 980 per sqft

Source: Dubai Land Department. Updated 20 July 2024.

Key facts

Type
1-bed apartment
Size
665 sqft
Floor
2nd of 5
Parking
G-122
Developer
Remraam
Completed
2011
Service charge
AED 10,200 /yr
Last sold
AED 652K · November 2014
Building
Al Ramth 01

About 201, Al Ramth 01

201 is a one-bedroom apartment of 665 sqft on the 2nd floor of Al Ramth 01, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 11 November 2014 for AED 652,000, or AED 980 per sqft, 3% below the AED 1,012 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 20 July 2024, is AED 54,000 a year: a gross yield of 8.3% on the 2014 price, before the service charge of about AED 10,200 a year.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical one-bed in Al Ramth 01
700K800K20132014201520162017Typical sale price by year: 2013 AED 786,380; 2014 AED 681,000; 2015 AED 686,000; 2016 AED 786,805Sold by developer, November 2014: AED 652,000 (AED 980 per sqft)

201 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 201, each contractTypical one-bed in Al Ramth 01
50K100K20142017202020232026Typical rent by year: 2014 AED 55,000; 2015 AED 55,000; 2016 AED 60,500; 2017 AED 53,500; 2018 AED 45,000; 2019 AED 40,000; 2020 AED 36,500; 2021 AED 31,000; 2022 AED 32,000; 2023 AED 40,000; 2024 AED 54,000; 2025 AED 52,500New contract, November 2014: AED 130,000 a yearNew contract, May 2015: AED 54,759 a yearNew contract, May 2016: AED 57,000 a yearNew contract, July 2024: AED 54,000 a year

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

1-beds in Al Ramth 01, and where 201 sits

All 21 1-beds →

201 last sold in November 2014 at AED 980 per sqft, 3% below what one-beds in Al Ramth 01 were fetching at the time (AED 1,012).

Recent 1-bed salesUnit no.Price (AED)Summary
4 Jul 2024568,000
1 Jul 2024665,000
28 Sep 2023500,000
11 Nov 2022420,000
0 1-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 2nd floor

All 45 units in Al Ramth 01
Value
2022-bedAED 810K · Jun 2023
2032-bedAED 960K · Jul 2018
2042-bedAED 1.15M · Jul 2025
2052-bedAED 493K · Feb 2015
2062-bedAED 1.26M · Jan 2015
2072-bedAED 1.26M · Nov 2014
2081-bedAED 676K · Nov 2014
1–7 of 8

201, Al Ramth 01 in numbers

  • Sold once: by Remraam on 11 November 2014 for AED 652,000, or AED 980 per sqft.
  • Rented since November 2014 on 4 Ejari contracts, from AED 130,000 to AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2014 price is 8.3%, before a service charge of about AED 10,200 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 20 July 2024.

Questions about 201, Al Ramth 01

What did unit 201 last sell for?

AED 652,000 on 11 November 2014, sold by the developer: AED 980 per sqft for 665 sqft. It is the only registered sale of the unit.

What is the rent for unit 201?

AED 54,000 a year on the contract signed on 20 July 2024. The previous contract, from May 2016, was AED 57,000; the unit has been rented since November 2014.

How big is unit 201?

665 sqft (61.8 sqm): a one-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2011.

What is unit 201 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 201, Al Ramth 01

Starts from the last sale price (AED 652K, 11 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 652,000
Deposit, UAE resident (20%)
AED 130,400
Deposit, non-resident (40%)
AED 260,800
Monthly over 25 years at 3.7%
AED 2,668

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