209, Al Ramth 01
Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 209, Al Ramth 01
What is 209 worth today?
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Source: Dubai Land Department. Updated 17 October 2023.
Key facts
- Type
- Studio apartment
- Size
- 468 sqft
- Floor
- 2nd of 5
- Parking
- G-114
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 7,200 /yr
- Last sold
- AED 350K · October 2023
- Building
- Al Ramth 01
About 209, Al Ramth 01
209 is a studio of 468 sqft on the 2nd floor of Al Ramth 01, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 17 October 2023 for AED 350,000, or AED 747 per sqft.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 29 March 2022, is AED 24,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 7,200 a year.
Sales and rents for 209 over time
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Al Ramth 01, and where 209 sits
All 4 studios →| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Aug 202423 August 2024 | 468 sqft | 430,000 | 917 | ||
| 20 Nov 202320 November 2023 | 468 sqft | 370,000 | 789 | ||
| 25 Nov 202225 November 2022 | 468 sqft | 264,000 | 563 | ||
| 3 Oct 20223 October 2022 | 468 sqft | 300,000 | 640 |
Al Ramth 01
Building45 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
Other units on the 2nd floor
All 45 units in Al Ramth 01| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 665 sqft | AED 652KAED 652,000 · Nov 2014November 2014 | 54,000 /yr | |
| 202 | 2-bed | 1,498 sqft | AED 810KAED 810,000 · Jun 2023June 2023 | 61,000 /yr | |
| 203 | 2-bed | 1,498 sqft | AED 960KAED 960,000 · Jul 2018July 2018 | 54,000 /yr | |
| 204 | 2-bed | 1,006 sqft | AED 1.15MAED 1,150,000 · Jul 2025July 2025 | 72,306 /yr | |
| 205 | 2-bed | 1,006 sqft | AED 493KAED 493,000 · Feb 2015February 2015 | 50,000 /yr | |
| 206 | 2-bed | 1,498 sqft | AED 1.26MAED 1,264,000 · Jan 2015January 2015 | 56,000 /yr | |
| 207 | 2-bed | 1,498 sqft | AED 1.26MAED 1,264,000 · Nov 2014November 2014 | ||
| 208 | 1-bed | 689 sqft | AED 676KAED 676,000 · Nov 2014November 2014 | 48,000 /yr |
209, Al Ramth 01 in numbers
- Sold twice: first on 16 February 2015 for AED 236,670, last on 17 October 2023 for AED 350,000 (AED 747 per sqft).
- Rented since February 2018 on 5 Ejari contracts. The rent fell from AED 40,000 to AED 19,000 in 2021 and recovered to AED 24,000 by March 2022.
- At AED 24,000 a year the gross yield on the 2023 price is 6.9%, before a service charge of about AED 7,200 a year (AED 15.34 per sqft).
Source: Dubai Land Department. Updated 17 October 2023.
Questions about 209, Al Ramth 01
What did unit 209 last sell for?
AED 350,000 on 17 October 2023: AED 747 per sqft for 468 sqft. The unit has 2 registered sales; the first was AED 236,670 in February 2015.
What is the rent for unit 209?
AED 24,000 a year on the contract signed on 29 March 2022. The previous contract, from March 2021, was AED 19,000; the unit has been rented since February 2018.
How big is unit 209?
468 sqft (43.5 sqm): a studio on the 2nd floor of a 5-storey tower completed in 2011.
What is unit 209 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 209, Al Ramth 01
Starts from the last sale price (AED 350K, 17 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 350,000
- Deposit, UAE resident (20%)
- AED 70,000
- Deposit, non-resident (40%)
- AED 140,000
- Monthly over 25 years at 3.7%
- AED 1,432
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →