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

203, Al Ramth 23

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

Unit 203 · DLD and Ejari recordsUpdated 5 February 2025
Last soldAED 1.2M11 January 2015
Current rentAED 100K /yr5 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, Al Ramth 23

What is 203 worth today?

Last sold for AED 1,200,800 in 2015

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5 Feb 2025RentedNew contract
AED 100,000/yr12 months · AED 67 per sqft
25 Sep 2021RentedRenewal
AED 60,000/yr12 months · AED 40 per sqft
25 Sep 2020RentedRenewal
AED 62,000/yr12 months · AED 41 per sqft
25 Sep 2018RentedNew contract
AED 75,000/yr12 months · AED 50 per sqft
1 Sep 2015RentedNew contract
AED 95,000/yr12 months · AED 63 per sqft
11 Jan 2015Sold by developerReady
AED 1,200,800AED 801 per sqft

Source: Dubai Land Department. Updated 5 February 2025.

Key facts

Type
2-bed apartment
Size
1,498 sqft
Floor
2nd of 5
Parking
G-41
Developer
Remraam
Completed
2011
Service charge
AED 23,000 /yr
Last sold
AED 1.2M · January 2015
Building
Al Ramth 23

About 203, Al Ramth 23

203 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 11 January 2015 for AED 1,200,800, or AED 801 per sqft, 18% below the AED 976 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 5 February 2025, is AED 100,000 a year: a gross yield of 8.3% on the 2015 price, before the service charge of about AED 23,000 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, January 2015: AED 1,200,800 (AED 801 per sqft)

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

Rents
Unit 203, each contractTypical two-bed in Al Ramth 23
50K75K100K20142017202020232026Typical 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, September 2015: AED 95,000 a yearNew contract, September 2018: AED 75,000 a yearRenewal, September 2020: AED 62,000 a yearRenewal, September 2021: AED 60,000 a yearNew contract, February 2025: AED 100,000 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 203 sits

All 14 2-beds →

203 last sold in January 2015 at AED 801 per sqft, 18% 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
2022-bedAED 1.26M · Jul 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

203, Al Ramth 23 in numbers

  • Sold once: by Remraam on 11 January 2015 for AED 1,200,800, or AED 801 per sqft.
  • Rented since September 2015 on 5 Ejari contracts. The rent fell from AED 95,000 to AED 60,000 in 2021 and recovered to AED 100,000 by February 2025.
  • At AED 100,000 a year the gross yield on the 2015 price is 8.3%, 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 5 February 2025.

Questions about 203, Al Ramth 23

What did unit 203 last sell for?

AED 1,200,800 on 11 January 2015, sold by the developer: AED 801 per sqft for 1,498 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 100,000 a year on the contract signed on 5 February 2025. The previous contract, from September 2021, was AED 60,000; the unit has been rented since September 2015.

How big is unit 203?

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 203 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 203, Al Ramth 23

Starts from the last sale price (AED 1.2M, 11 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,800
Deposit, UAE resident (20%)
AED 240,160
Deposit, non-resident (40%)
AED 480,320
Monthly over 25 years at 3.7%
AED 4,913

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