2-bed · 1,005 sqftAl Ramth 21, Remraam · 2nd floor · completed 2011

205, Al Ramth 21

Sold prices and rental history: sold once, by the developer in July 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 28 February 2024
Last soldAED 986K20 July 2015
Current rentAED 53K /yr28 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Al Ramth 21

What is 205 worth today?

Last sold for AED 986,000 in 2015

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28 Feb 2024RentedNew contract
AED 53,130/yr12 months · AED 53 per sqft
28 Feb 2021RentedNew contract
AED 42,000/yr12 months · AED 42 per sqft
15 Jul 2019RentedNew contract
AED 55,000/yr12 months · AED 55 per sqft
20 Feb 2017RentedNew contract
AED 78,000/yr12 months · AED 78 per sqft
14 Aug 2016RentedNew contract
AED 75,000/yr12 months · AED 75 per sqft
20 Jul 2015Sold by developerReady
AED 986,000AED 980 per sqft
3 Jun 2015RentedNew contract
AED 77,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 28 February 2024.

Key facts

Type
2-bed apartment
Size
1,005 sqft
Floor
2nd of 6
Parking
G-118
Developer
Remraam
Completed
2011
Service charge
AED 15,400 /yr
Last sold
AED 986K · July 2015
Building
Al Ramth 21

About 205, Al Ramth 21

205 is a two-bedroom apartment of 1,005 sqft on the 2nd floor of Al Ramth 21, a 6-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 20 July 2015 for AED 986,000, or AED 980 per sqft, 4% above the AED 945 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 28 February 2024, is AED 53,130 a year: a gross yield of 5.4% on the 2015 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 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 986,000 (AED 980 per sqft)

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

Rents
Unit 205, each contractTypical two-bed in Al Ramth 21
40K60K80K20142017202020232026Typical 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, June 2015: AED 77,000 a yearNew contract, August 2016: AED 75,000 a yearNew contract, February 2017: AED 78,000 a yearNew contract, July 2019: AED 55,000 a yearNew contract, February 2021: AED 42,000 a yearNew contract, February 2024: AED 53,130 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 205 sits

All 20 2-beds →

205 last sold in July 2015 at AED 980 per sqft, 4% above what two-beds in Al Ramth 21 were fetching at the time (AED 945).

Recent 2-bed salesUnit no.Price (AED)Summary
30 Dec 20241,050,000
5 Aug 2024825,000
8 Dec 2023700,000
23 Jun 2023780,000
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
2022-bedAED 780K · Jun 2023
2032-bedAED 1.26M · Jun 2015
2042-bedAED 986K · Oct 2014
2062-bedAED 1.26M · Jan 2016
2072-bedAED 1.26M · Mar 2015
2081-bedAED 475K · Sep 2024
1–7 of 8

205, Al Ramth 21 in numbers

  • Sold once: by Remraam on 20 July 2015 for AED 986,000, or AED 980 per sqft.
  • Rented since June 2015 on 6 Ejari contracts. The rent fell from AED 77,000 to AED 42,000 in 2021 and recovered to AED 53,130 by February 2024.
  • At AED 53,130 a year the gross yield on the 2015 price is 5.4%, before a service charge of about AED 15,400 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 28 February 2024.

Questions about 205, Al Ramth 21

What did unit 205 last sell for?

AED 986,000 on 20 July 2015, sold by the developer: AED 980 per sqft for 1,005 sqft. It is the only registered sale of the unit.

What is the rent for unit 205?

AED 53,130 a year on the contract signed on 28 February 2024. The previous contract, from February 2021, was AED 42,000; the unit has been rented since June 2015.

How big is unit 205?

1,005 sqft (93.4 sqm): a two-bedroom apartment on the 2nd floor of a 6-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 21

Starts from the last sale price (AED 986K, 20 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 986,000
Deposit, UAE resident (20%)
AED 197,200
Deposit, non-resident (40%)
AED 394,400
Monthly over 25 years at 3.7%
AED 4,034

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