302, Al Ramth 03
Sold prices and rental history: sold 3 times, last in February 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 302, Al Ramth 03
What is 302 worth today?
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Source: Dubai Land Department. Updated 15 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 773 sqft
- Floor
- 3rd of 5
- Parking
- G-49
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,900 /yr
- Last sold
- AED 500K · February 2022
- Building
- Al Ramth 03
About 302, Al Ramth 03
302 is a one-bedroom apartment of 773 sqft on the 3rd floor of Al Ramth 03, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 17 February 2022 for AED 500,000, or AED 646 per sqft, in line with the AED 636 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 15 October 2024, is AED 47,000 a year: a gross yield of 9.4% on the 2022 price, before the service charge of about AED 11,900 a year.
Sales and rents for 302 over time
302 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Al Ramth 03, and where 302 sits
All 21 1-beds →302 last sold in February 2022 at AED 646 per sqft, in line with what one-beds in Al Ramth 03 were fetching at the time (AED 636).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 May 20259 May 2025 | 1,158 sqft | 695,000 | 600 | ||
| 4 Mar 20254 March 2025 | 689 sqft | 610,000 | 885 | ||
| 25 Jul 202425 July 2024 | 777 sqft | 620,000 | 798 | ||
| 1 May 20241 May 2024 | 665 sqft | 610,000 | 917 |
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 3rd floor
All 44 units in Al Ramth 03| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 689 sqft | AED 610KAED 610,000 · Mar 2025March 2025 | 60,000 /yr | |
| 303 | 1-bed | 773 sqft | AED 503KAED 502,555 · Dec 2021December 2021 | 69,000 /yr | |
| 304 | 2-bed | 671 sqft | AED 430KAED 430,000 · Feb 2022February 2022 | 68,000 /yr | |
| 305 | 2-bed | 671 sqft | AED 430KAED 430,000 · Dec 2021December 2021 | 112,050 /yr | |
| 306 | 1-bed | 1,159 sqft | AED 500KAED 500,000 · Dec 2021December 2021 | 54,450 /yr | |
| 307 | 1-bed | 801 sqft | AED 500KAED 500,000 · Feb 2022February 2022 | 46,000 /yr | |
| 308 | 1-bed | 307 sqft | AED 280KAED 280,000 · Feb 2022February 2022 | 42,000 /yr | |
| 309 | Studio | 468 sqft | AED 200KAED 200,000 · Dec 2021December 2021 | 51,600 /yr |
302, Al Ramth 03 in numbers
- Sold 3 times: first on 22 April 2014 for AED 970,380, last on 17 February 2022 for AED 500,000 (AED 646 per sqft).
- Rented since February 2014 on 7 Ejari contracts. The rent fell from AED 55,000 to AED 38,000 in 2021 and recovered to AED 47,000 by October 2024.
- At AED 47,000 a year the gross yield on the 2022 price is 9.4%, before a service charge of about AED 11,900 a year (AED 15.34 per sqft).
Source: Dubai Land Department. Updated 15 October 2024.
Questions about 302, Al Ramth 03
What did unit 302 last sell for?
AED 500,000 on 17 February 2022: AED 646 per sqft for 773 sqft. The unit has 3 registered sales; the first was AED 970,380 in April 2014.
What is the rent for unit 302?
AED 47,000 a year on the contract renewed on 15 October 2024. The previous contract, from October 2023, was AED 44,000; the unit has been rented since February 2014.
How big is unit 302?
773 sqft (71.8 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2011.
What is unit 302 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 302, Al Ramth 03
Starts from the last sale price (AED 500K, 17 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →