2-bed · 1,498 sqftAl Ramth 21, Remraam · 2nd floor · completed 2011

202, Al Ramth 21

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 23 June 2023
Last soldAED 780K23 June 2023
Current rentAED 58K /yr25 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Al Ramth 21

What is 202 worth today?

Last sold for AED 780,000 in 2023

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23 Jun 2023SoldReady
AED 780,000AED 520 per sqft
25 Jul 2022RentedNew contract
AED 58,000/yr12 months · AED 39 per sqft
1 Feb 2022RentedRenewal
AED 57,000/yr12 months · AED 38 per sqft
1 Feb 2021RentedRenewal
AED 57,000/yr12 months · AED 38 per sqft
1 Feb 2020RentedNew contract
AED 62,000/yr12 months · AED 41 per sqft
13 Dec 2018RentedRenewal
AED 78,000/yr12 months · AED 52 per sqft
13 Dec 2017RentedNew contract
AED 80,000/yr12 months · AED 53 per sqft
7 Jul 2015Sold by developerReady
AED 1,264,000AED 843 per sqft

Source: Dubai Land Department. Updated 23 June 2023.

Key facts

Type
2-bed apartment
Size
1,498 sqft
Floor
2nd of 6
Parking
G-121
Developer
Remraam
Completed
2011
Service charge
AED 23,000 /yr
Last sold
AED 780K · June 2023
Building
Al Ramth 21

About 202, Al Ramth 21

202 is a two-bedroom apartment of 1,498 sqft on the 2nd floor of Al Ramth 21, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 23 June 2023 for AED 780,000, or AED 520 per sqft.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 25 July 2022, is AED 58,000 a year: a gross yield of 7.4% on the 2023 price, before the service charge of about AED 23,000 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical two-bed in Al Ramth 21
1M2014201720202023Typical sale price by year: 2014 AED 1,369,500; 2015 AED 996,000; 2016 AED 1,175,000; 2023 AED 700,000Sold by developer, July 2015: AED 1,264,000 (AED 843 per sqft)Sold, June 2023: AED 780,000 (AED 520 per sqft)

202 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 202, each contractTypical two-bed in Al Ramth 21
60K80K20142017202020232026Typical rent by year: 2014 AED 73,000; 2015 AED 75,500; 2016 AED 77,000; 2017 AED 76,000; 2018 AED 73,000; 2019 AED 58,000; 2020 AED 53,500; 2021 AED 46,500; 2022 AED 53,500; 2023 AED 70,000; 2024 AED 78,000; 2025 AED 76,500New contract, December 2017: AED 80,000 a yearRenewal, December 2018: AED 78,000 a yearNew contract, February 2020: AED 62,000 a yearRenewal, February 2021: AED 57,000 a yearRenewal, February 2022: AED 57,000 a yearNew contract, July 2022: AED 58,000 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 21, and where 202 sits

All 20 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
30 Dec 20241,050,000
5 Aug 2024825,000
8 Dec 2023700,000
4 Jan 2023595,000
0 2-bed sales in the last 12 months

Al Ramth 21

Building

52 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.

Typical price per sqft
AED 946
Typical sale
AED 735K
Typical rent
AED 93K /yr
Typical yield
7.5%
Al Ramth 21, Remraam: prices, sales and rents →

Other units on the 2nd floor

All 52 units in Al Ramth 21
Value
2011-bedAED 800K · Nov 2014
2032-bedAED 1.26M · Jun 2015
2042-bedAED 986K · Oct 2014
2052-bedAED 986K · Jul 2015
2062-bedAED 1.26M · Jan 2016
2072-bedAED 1.26M · Mar 2015
2081-bedAED 475K · Sep 2024
1–7 of 8

202, Al Ramth 21 in numbers

  • Sold twice: first on 7 July 2015 for AED 1,264,000, last on 23 June 2023 for AED 780,000 (AED 520 per sqft).
  • Rented since December 2017 on 6 Ejari contracts, from AED 80,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2023 price is 7.4%, before a service charge of about AED 23,000 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 23 June 2023.

Questions about 202, Al Ramth 21

What did unit 202 last sell for?

AED 780,000 on 23 June 2023: AED 520 per sqft for 1,498 sqft. The unit has 2 registered sales; the first was AED 1,264,000 in July 2015.

What is the rent for unit 202?

AED 58,000 a year on the contract signed on 25 July 2022. The previous contract, from February 2022, was AED 57,000; the unit has been rented since December 2017.

How big is unit 202?

1,498 sqft (139.2 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2011.

What is unit 202 worth today?

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Mortgage on 202, Al Ramth 21

Starts from the last sale price (AED 780K, 23 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

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