202, Al Ramth 03
Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 202, Al Ramth 03
What is 202 worth today?
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Source: Dubai Land Department. Updated 3 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,498 sqft
- Floor
- 2nd of 5
- Parking
- G-40
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 23,000 /yr
- Last sold
- AED 1.05M · July 2024
- Building
- Al Ramth 03
About 202, Al Ramth 03
202 is a two-bedroom apartment of 1,498 sqft on the 2nd floor of Al Ramth 03, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 16 July 2024 for AED 1,045,000, or AED 697 per sqft, in line with the AED 697 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 3 December 2024, is AED 96,000 a year: a gross yield of 9.2% on the 2024 price, before the service charge of about AED 23,000 a year.
Sales and rents for 202 over time
202 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Al Ramth 03, and where 202 sits
All 14 2-beds →202 last sold in July 2024 at AED 697 per sqft, in line with what two-beds in Al Ramth 03 were fetching at the time (AED 697).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Jul 20242 July 2024 | 1,498 sqft | 950,000 | 634 | ||
| 10 Jan 202410 January 2024 | 1,006 sqft | 850,000 | 845 | ||
| 10 May 202310 May 2023 | 1,006 sqft | 623,130 | 619 | ||
| 8 Nov 20228 November 2022 | 1,006 sqft | 620,000 | 616 |
Al Ramth 03
Building44 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 112K /yr
- Typical yield
Other units on the 2nd floor
All 44 units in Al Ramth 03| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 689 sqft | AED 370KAED 370,000 · Jun 2022June 2022 | 30,000 /yr | |
| 203 | 2-bed | 1,498 sqft | AED 950KAED 950,000 · Jul 2024July 2024 | 65,000 /yr | |
| 204 | 2-bed | 1,006 sqft | AED 986KAED 986,000 · Jan 2015January 2015 | ||
| 205 | 2-bed | 1,006 sqft | AED 850KAED 850,000 · Jan 2024January 2024 | 66,000 /yr | |
| 207 | 2-bed | 1,498 sqft | AED 1.26MAED 1,264,000 · Jan 2015January 2015 | 92,000 /yr | |
| 208 | 1-bed | 665 sqft | AED 610KAED 610,000 · May 2024May 2024 | 47,700 /yr | |
| 209 | Studio | 468 sqft | AED 270KAED 270,000 · Mar 2023March 2023 | 32,450 /yr |
202, Al Ramth 03 in numbers
- Sold twice: first on 15 June 2015 for AED 1,264,000, last on 16 July 2024 for AED 1,045,000 (AED 697 per sqft).
- Rented since August 2015 on 9 Ejari contracts. The rent fell from AED 100,000 to AED 55,000 in 2020 and recovered to AED 96,000 by December 2024.
- At AED 96,000 a year the gross yield on the 2024 price is 9.2%, before a service charge of about AED 23,000 a year (AED 15.34 per sqft).
Source: Dubai Land Department. Updated 3 December 2024.
Questions about 202, Al Ramth 03
What did unit 202 last sell for?
AED 1,045,000 on 16 July 2024: AED 697 per sqft for 1,498 sqft. The unit has 2 registered sales; the first was AED 1,264,000 in June 2015.
What is the rent for unit 202?
AED 96,000 a year on the contract signed on 3 December 2024. The previous contract, from December 2023, was AED 66,000; the unit has been rented since August 2015.
How big is unit 202?
1,498 sqft (139.2 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2011.
What is unit 202 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 202, Al Ramth 03
Starts from the last sale price (AED 1.05M, 16 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,045,000
- Deposit, UAE resident (20%)
- AED 209,000
- Deposit, non-resident (40%)
- AED 418,000
- Monthly over 25 years at 3.7%
- AED 4,275
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →