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2-bed · 1,498 sqftAl Ramth 23, Remraam · 2nd floor · completed 2011

202, Al Ramth 23

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 202 · DLD and Ejari recordsUpdated 1 September 2022
Last soldAED 1.26M9 July 2015
Current rentAED 63K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 202, Al Ramth 23

What is 202 worth today?

Last sold for AED 1,264,000 in 2015

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1 Sep 2022RentedNew contract
AED 63,000/yr12 months · AED 42 per sqft
1 Aug 2021RentedNew contract
AED 60,000/yr12 months · AED 40 per sqft
1 Sep 2020RentedRenewal
AED 64,000/yr11 months · AED 43 per sqft
1 Sep 2019RentedNew contract
AED 72,000/yr12 months · AED 48 per sqft
28 Aug 2017RentedNew contract
AED 80,000/yr12 months · AED 53 per sqft
5 Aug 2015RentedNew contract
AED 90,000/yr12 months · AED 60 per sqft
9 Jul 2015Sold by developerReady
AED 1,264,000AED 843 per sqft

Source: Dubai Land Department. Updated 1 September 2022.

Key facts

Type
2-bed apartment
Size
1,498 sqft
Floor
2nd of 5
Parking
G-40
Developer
Remraam
Completed
2011
Service charge
AED 23,000 /yr
Last sold
AED 1.26M · July 2015
Building
Al Ramth 23

About 202, Al Ramth 23

202 is a two-bedroom apartment of 1,498 sqft on the 2nd floor of Al Ramth 23, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 9 July 2015 for AED 1,264,000, or AED 843 per sqft, 14% below the AED 976 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 1 September 2022, is AED 63,000 a year: a gross yield of 5.0% on the 2015 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 23
1M1.2M2013201720212025Typical sale price by year: 2013 AED 985,248; 2014 AED 991,148; 2015 AED 1,152,400; 2016 AED 1,219,500; 2025 AED 875,000Sold by developer, July 2015: AED 1,264,000 (AED 843 per sqft)

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

Rents
Unit 202, each contractTypical two-bed in Al Ramth 23
50K75K20142017202020232026Typical rent by year: 2014 AED 68,000; 2015 AED 74,000; 2016 AED 75,000; 2017 AED 74,250; 2018 AED 75,000; 2019 AED 60,000; 2020 AED 51,000; 2021 AED 45,000; 2022 AED 48,000; 2023 AED 53,500; 2024 AED 61,091; 2025 AED 75,000New contract, August 2015: AED 90,000 a yearNew contract, August 2017: AED 80,000 a yearNew contract, September 2019: AED 72,000 a yearRenewal, September 2020: AED 64,000 a yearNew contract, August 2021: AED 60,000 a yearNew contract, September 2022: AED 63,000 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 23, and where 202 sits

All 14 2-beds →

202 last sold in July 2015 at AED 843 per sqft, 14% below what two-beds in Al Ramth 23 were fetching at the time (AED 976). Over the last 12 months two-beds sold for AED 950,000 to 1,140,000, around AED 986 per sqft, and rent for AED 72,000 to 72,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jan 20261,140,000
26 Dec 2025950,000
18 Jun 2025875,000
13 May 2025875,000
2 2-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 2nd floor

All 45 units in Al Ramth 23
Value
2011-bedAED 565K · May 2025
2032-bedAED 1.2M · Jan 2015
204AED 890K · Aug 2025
2052-bedAED 875K · Jun 2025
2062-bedAED 1.26M · Jan 2016
2072-bedAED 1.26M · Jan 2016
2081-bedAED 575K · May 2025
1–7 of 8

202, Al Ramth 23 in numbers

  • Sold once: by Remraam on 9 July 2015 for AED 1,264,000, or AED 843 per sqft.
  • Rented since August 2015 on 6 Ejari contracts, from AED 90,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2015 price is 5.0%, before a service charge of about AED 23,000 a year (AED 15.34 per sqft).
  • Two-beds in Al Ramth 23 sold for AED 950,000–1,140,000 in the 12 months to November 2026; the building's median across all types is AED 1,001 per sqft.

Source: Dubai Land Department. Updated 1 September 2022.

Questions about 202, Al Ramth 23

What did unit 202 last sell for?

AED 1,264,000 on 9 July 2015, sold by the developer: AED 843 per sqft for 1,498 sqft. It is the only registered sale of the unit.

What is the rent for unit 202?

AED 63,000 a year on the contract signed on 1 September 2022. The previous contract, from August 2021, was AED 60,000; the unit has been rented since August 2015.

How big is unit 202?

1,498 sqft (139.2 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2011.

What is unit 202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Ramth 23 sold for AED 950,000 to 1,140,000 in the last 12 months, around AED 986 per sqft.

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Mortgage on 202, Al Ramth 23

Starts from the last sale price (AED 1.26M, 9 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,264,000
Deposit, UAE resident (20%)
AED 252,800
Deposit, non-resident (40%)
AED 505,600
Monthly over 25 years at 3.7%
AED 5,171

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