3-bed · 1,500 sqftAl Ramth 23, Remraam · 1st floor · completed 2011

106, Al Ramth 23

Sold prices and rental history: sold twice, last in February 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 17 February 2022
Last soldAED 645K16 February 2022
Current rentAED 72K /yr17 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Al Ramth 23

What is 106 worth today?

Last sold for AED 644,526 in 2022

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17 Feb 2022RentedNew contract
AED 72,000/yr6 months · AED 48 per sqft
16 Feb 2022SoldReady
AED 644,526AED 429 per sqft
14 Aug 2020RentedRenewal
AED 72,000/yr12 months · AED 48 per sqft
14 Aug 2018RentedNew contract
AED 92,000/yr12 months · AED 61 per sqft
3 Feb 2015Sold by developerReady
AED 1,463,000AED 975 per sqft

Source: Dubai Land Department. Updated 17 February 2022.

Key facts

Type
3-bed apartment
Size
1,500 sqft
Floor
1st of 5
Parking
G-22,G-23
Developer
Remraam
Completed
2011
Service charge
AED 23,000 /yr
Last sold
AED 645K · February 2022
Building
Al Ramth 23

About 106, Al Ramth 23

106 is a three-bedroom apartment of 1,500 sqft on the 1st floor of Al Ramth 23, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 16 February 2022 for AED 644,526, or AED 429 per sqft.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 17 February 2022, is AED 72,000 a year: a gross yield of 11.2% on the 2022 price, before the service charge of about AED 23,000 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical three-bed in Al Ramth 23
1M2M2013201620192022Typical sale price by year: 2013 AED 1,980,560; 2014 AED 1,610,560Sold by developer, February 2015: AED 1,463,000 (AED 975 per sqft)Sold, February 2022: AED 644,526 (AED 429 per sqft)

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

Rents
Unit 106, each contractTypical three-bed in Al Ramth 23
80K100K2014201720202023Typical rent by year: 2014 AED 105,000; 2015 AED 110,000; 2016 AED 110,000; 2019 AED 85,000; 2022 AED 70,000; 2023 AED 74,737; 2024 AED 82,200New contract, August 2018: AED 92,000 a yearRenewal, August 2020: AED 72,000 a yearNew contract, February 2022: AED 72,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Al Ramth 23, and where 106 sits

All 6 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
15 Aug 2023575,000
9 Aug 20231,100,000
15 Jan 2015731,500
16 Sep 20141,610,560
0 3-bed sales in the last 12 months

Al Ramth 23

Building

45 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 3 sold in the last 12 months.

Typical price per sqft
AED 1,001
Typical sale
AED 950K
Typical rent
AED 55K /yr
Typical yield
7.2%
Al Ramth 23, Remraam: prices, sales and rents →

Other units on the 1st floor

All 45 units in Al Ramth 23
Value
1011-bedAED 960K · Dec 2013
1023-bedAED 1.98M · Dec 2013
1033-bedAED 732K · Jan 2015
1042-bedAED 875K · May 2025
1052-bedAED 850K · Sep 2024
1073-bedAED 2M · Dec 2013
108AED 700K · Oct 2025

106, Al Ramth 23 in numbers

  • Sold twice: first on 3 February 2015 for AED 1,463,000, last on 16 February 2022 for AED 644,526 (AED 429 per sqft).
  • Rented since August 2018 on 3 Ejari contracts, from AED 92,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2022 price is 11.2%, before a service charge of about AED 23,000 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 17 February 2022.

Questions about 106, Al Ramth 23

What did unit 106 last sell for?

AED 644,526 on 16 February 2022: AED 429 per sqft for 1,500 sqft. The unit has 2 registered sales; the first was AED 1,463,000 in February 2015.

What is the rent for unit 106?

AED 72,000 a year on the contract signed on 17 February 2022. The previous contract, from August 2020, was AED 72,000; the unit has been rented since August 2018.

How big is unit 106?

1,500 sqft (139.4 sqm): a three-bedroom apartment on the 1st floor of a 5-storey tower completed in 2011.

What is unit 106 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 106, Al Ramth 23

Starts from the last sale price (AED 645K, 16 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 644,526
Deposit, UAE resident (20%)
AED 128,905
Deposit, non-resident (40%)
AED 257,810
Monthly over 25 years at 3.7%
AED 2,637

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