209, Al Ramth 03
Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 209, Al Ramth 03
What is 209 worth today?
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Source: Dubai Land Department. Updated 1 July 2024.
Key facts
- Type
- Studio apartment
- Size
- 468 sqft
- Floor
- 2nd of 5
- Parking
- G-47
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 7,200 /yr
- Last sold
- AED 270K · March 2023
- Building
- Al Ramth 03
About 209, Al Ramth 03
209 is a studio of 468 sqft on the 2nd floor of Al Ramth 03, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 3 March 2023 for AED 270,000, or AED 576 per sqft.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 32,450 a year: a gross yield of 12.0% 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 03, and where 209 sits
All 4 studios →| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Nov 202225 November 2022 | 468 sqft | 250,000 | 533 | ||
| 14 Dec 202114 December 2021 | 312 sqft | 200,000 | 640 | ||
| 14 Dec 202114 December 2021 | 312 sqft | 200,000 | 640 | ||
| 8 Dec 20218 December 2021 | 468 sqft | 20,279 | 43 |
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 | |
| 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, Al Ramth 03 in numbers
- Sold twice: first on 2 March 2015 for AED 459,000, last on 3 March 2023 for AED 270,000 (AED 576 per sqft).
- Rented since July 2019 on 5 Ejari contracts. The rent fell from AED 33,000 to AED 22,500 in 2021 and recovered to AED 32,450 by July 2024.
- At AED 32,450 a year the gross yield on the 2023 price is 12.0%, before a service charge of about AED 7,200 a year (AED 15.34 per sqft).
Source: Dubai Land Department. Updated 1 July 2024.
Questions about 209, Al Ramth 03
What did unit 209 last sell for?
AED 270,000 on 3 March 2023: AED 576 per sqft for 468 sqft. The unit has 2 registered sales; the first was AED 459,000 in March 2015.
What is the rent for unit 209?
AED 32,450 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 29,500; the unit has been rented since July 2019.
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 03
Starts from the last sale price (AED 270K, 3 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 270,000
- Deposit, UAE resident (20%)
- AED 54,000
- Deposit, non-resident (40%)
- AED 108,000
- Monthly over 25 years at 3.7%
- AED 1,105
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →