302, Al Ramth 21
Sold prices and rental history: sold once, by the developer in January 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 302, Al Ramth 21
What is 302 worth today?
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Source: Dubai Land Department. Updated 20 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,149 sqft
- Floor
- 3rd of 6
- Parking
- G-112
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 17,600 /yr
- Last sold
- AED 1.13M · January 2016
- Building
- Al Ramth 21
About 302, Al Ramth 21
302 is a two-bedroom apartment of 1,149 sqft on the 3rd floor of Al Ramth 21, a 6-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 4 January 2016 for AED 1,133,000, or AED 985 per sqft, 12% above the AED 878 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, signed on 20 November 2024, is AED 81,000 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 17,600 a year.
Sales and rents for 302 over time
302 has sold once; the dashed line is the two-bed median of each year in the building.
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 302 sits
All 20 2-beds →302 last sold in January 2016 at AED 985 per sqft, 12% above what two-beds in Al Ramth 21 were fetching at the time (AED 878).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Dec 202430 December 2024 | 1,005 sqft | 1,050,000 | 1,044 | ||
| 5 Aug 20245 August 2024 | 1,006 sqft | 825,000 | 820 | ||
| 8 Dec 20238 December 2023 | 1,005 sqft | 700,000 | 696 | ||
| 23 Jun 202323 June 2023 | 1,498 sqft | 780,000 | 520 |
Al Ramth 21
Building52 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%
Other units on the 3rd floor
All 52 units in Al Ramth 21| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 665 sqft | AED 656KAED 656,000 · Oct 2014October 2014 | 60,000 /yr | |
| 303 | 2-bed | 1,161 sqft | AED 1.58MAED 1,575,200 · Feb 2014February 2014 | 80,850 /yr | |
| 304 | 2-bed | 1,005 sqft | AED 991KAED 991,000 · May 2015May 2015 | 72,000 /yr | |
| 305 | 2-bed | 1,005 sqft | AED 1.37MAED 1,369,500 · Feb 2014February 2014 | 40,000 /yr | |
| 306 | 2-bed | 1,161 sqft | AED 572KAED 572,000 · Nov 2014November 2014 | ||
| 308 | 1-bed | 689 sqft | AED 679KAED 679,000 · Oct 2014October 2014 | 55,000 /yr | |
| 309 | Studio | 468 sqft | AED 450KAED 450,000 · May 2017May 2017 | 35,280 /yr |
302, Al Ramth 21 in numbers
- Sold once: by Remraam on 4 January 2016 for AED 1,133,000, or AED 985 per sqft.
- Rented since January 2016 on 10 Ejari contracts. The rent fell from AED 80,000 to AED 50,000 in 2021 and recovered to AED 81,000 by November 2024.
- At AED 81,000 a year the gross yield on the 2016 price is 7.1%, before a service charge of about AED 17,600 a year (AED 15.34 per sqft).
Source: Dubai Land Department. Updated 20 November 2024.
Questions about 302, Al Ramth 21
What did unit 302 last sell for?
AED 1,133,000 on 4 January 2016, sold by the developer: AED 985 per sqft for 1,149 sqft. It is the only registered sale of the unit.
What is the rent for unit 302?
AED 81,000 a year on the contract signed on 20 November 2024. The previous contract, from November 2023, was AED 76,000; the unit has been rented since January 2016.
How big is unit 302?
1,149 sqft (106.7 sqm): a two-bedroom apartment on the 3rd floor of a 6-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 21
Starts from the last sale price (AED 1.13M, 4 January 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,133,000
- Deposit, UAE resident (20%)
- AED 226,600
- Deposit, non-resident (40%)
- AED 453,200
- Monthly over 25 years at 3.7%
- AED 4,635
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →