
203, 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 203, Al Ramth 03
What is 203 worth today?
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Source: Dubai Land Department. Updated 2 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,498 sqft
- Floor
- 2nd of 5
- Parking
- G-41
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 23,000 /yr
- Last sold
- AED 950K · July 2024
- Building
- Al Ramth 03
About 203, Al Ramth 03
203 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 2 July 2024 for AED 950,000, or AED 634 per sqft.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 1 July 2022, is AED 65,000 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 23,000 a year.
Sales and rents for 203 over time
203 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 203 sits
All 14 2-beds →| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jul 202416 July 2024 | 1,498 sqft | 1,045,000 | 697 | ||
| 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 | |
| 202 | 2-bed | 1,498 sqft | AED 1.05MAED 1,045,000 · Jul 2024July 2024 | 96,000 /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 |
203, Al Ramth 03 in numbers
- Sold twice: first on 10 December 2014 for AED 1,264,000, last on 2 July 2024 for AED 950,000 (AED 634 per sqft).
- Rented since March 2015 on 7 Ejari contracts, from AED 85,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2024 price is 6.8%, before a service charge of about AED 23,000 a year (AED 15.34 per sqft).
Source: Dubai Land Department. Updated 2 July 2024.
Questions about 203, Al Ramth 03
What did unit 203 last sell for?
AED 950,000 on 2 July 2024: AED 634 per sqft for 1,498 sqft. The unit has 2 registered sales; the first was AED 1,264,000 in December 2014.
What is the rent for unit 203?
AED 65,000 a year on the contract signed on 1 July 2022. The previous contract, from December 2021, was AED 64,000; the unit has been rented since March 2015.
How big is unit 203?
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 203 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 203, Al Ramth 03
Starts from the last sale price (AED 950K, 2 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →