2-bed · 1,006 sqftAl Ramth 03, Remraam · 2nd floor · completed 2011

205, Al Ramth 03

Sold prices and rental history: sold 3 times, last in January 2024, and rented once, from August 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 10 January 2024
Last soldAED 850K10 January 2024
Current rentAED 66K /yr1 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Al Ramth 03

What is 205 worth today?

Last sold for AED 850,000 in 2024

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10 Jan 2024SoldReady
AED 850,000AED 845 per sqft
10 May 2023SoldReady
AED 623,130AED 619 per sqft
1 Aug 2017RentedNew contract
AED 66,000/yr12 months · AED 66 per sqft
14 Apr 2016Sold by developerReady
AED 1,002,225AED 996 per sqft

Source: Dubai Land Department. Updated 10 January 2024.

Key facts

Type
2-bed apartment
Size
1,006 sqft
Floor
2nd of 5
Parking
G-43
Developer
Remraam
Completed
2011
Service charge
AED 15,400 /yr
Last sold
AED 850K · January 2024
Building
Al Ramth 03

About 205, Al Ramth 03

205 is a two-bedroom apartment of 1,006 sqft on the 2nd floor of Al Ramth 03, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 10 January 2024 for AED 850,000, or AED 845 per sqft.

One Ejari contract is registered, from 1 August 2017. The current contract, signed on 1 August 2017, is AED 66,000 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 15,400 a year.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical two-bed in Al Ramth 03
500K1M2014201720202023Typical sale price by year: 2014 AED 1,014,675; 2015 AED 986,000; 2016 AED 1,002,225; 2021 AED 460,000; 2024 AED 950,000Sold by developer, April 2016: AED 1,002,225 (AED 996 per sqft)Sold, May 2023: AED 623,130 (AED 619 per sqft)Sold, January 2024: AED 850,000 (AED 845 per sqft)

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

Rents
Unit 205, each contractTypical two-bed in Al Ramth 03
60K80K20142017202020232026Typical rent by year: 2014 AED 77,000; 2015 AED 80,000; 2016 AED 80,000; 2017 AED 77,500; 2018 AED 75,000; 2019 AED 67,500; 2020 AED 55,500; 2021 AED 48,000; 2022 AED 62,500; 2023 AED 66,600; 2024 AED 82,000; 2025 AED 78,000New contract, August 2017: AED 66,000 a year

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 205 sits

All 14 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
16 Jul 20241,045,000
2 Jul 2024950,000
8 Nov 2022620,000
17 Feb 2022430,000
0 2-bed sales in the last 12 months

Al Ramth 03

Building

44 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
Al Ramth 03, Remraam: prices, sales and rents →

Other units on the 2nd floor

All 44 units in Al Ramth 03
Value
2011-bedAED 370K · Jun 2022
2022-bedAED 1.05M · Jul 2024
2032-bedAED 950K · Jul 2024
2042-bedAED 986K · Jan 2015
2072-bedAED 1.26M · Jan 2015
2081-bedAED 610K · May 2024
209StudioAED 270K · Mar 2023

205, Al Ramth 03 in numbers

  • Sold 3 times: first on 14 April 2016 for AED 1,002,225, last on 10 January 2024 for AED 850,000 (AED 845 per sqft).
  • Rented since August 2017 on one Ejari contract, at AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2024 price is 7.8%, before a service charge of about AED 15,400 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 10 January 2024.

Questions about 205, Al Ramth 03

What did unit 205 last sell for?

AED 850,000 on 10 January 2024: AED 845 per sqft for 1,006 sqft. The unit has 3 registered sales; the first was AED 1,002,225 in April 2016.

What is the rent for unit 205?

AED 66,000 a year on the contract signed on 1 August 2017.

How big is unit 205?

1,006 sqft (93.5 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2011.

What is unit 205 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 205, Al Ramth 03

Starts from the last sale price (AED 850K, 10 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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