206, Al Ramth 23
Sold prices and rental history: sold once, by the developer in January 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 206, Al Ramth 23
What is 206 worth today?
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Source: Dubai Land Department. Updated 20 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,498 sqft
- Floor
- 2nd of 5
- Parking
- G-44
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 23,000 /yr
- Last sold
- AED 1.26M · January 2016
- Building
- Al Ramth 23
About 206, Al Ramth 23
206 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 4 January 2016 for AED 1,264,000, or AED 843 per sqft, in line with the AED 843 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 20 October 2024, is AED 90,000 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 23,000 a year.
Sales and rents for 206 over time
206 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 23, and where 206 sits
All 14 2-beds →206 last sold in January 2016 at AED 843 per sqft, in line with what two-beds in Al Ramth 23 were fetching at the time (AED 843). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Jan 20262 January 2026 | 1,109 sqft | 1,140,000 | 1,027 | ||
| 26 Dec 202526 December 2025 | 1,006 sqft | 950,000 | 944 | ||
| 18 Jun 202518 June 2025 | 1,006 sqft | 875,000 | 870 | ||
| 13 May 202513 May 2025 | 1,006 sqft | 875,000 | 870 |
Al Ramth 23
Building45 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%
Other units on the 2nd floor
All 45 units in Al Ramth 23| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 689 sqft | AED 565KAED 565,000 · May 2025May 2025 | 36,000 /yr | |
| 202 | 2-bed | 1,498 sqft | AED 1.26MAED 1,264,000 · Jul 2015July 2015 | 63,000 /yr | |
| 203 | 2-bed | 1,498 sqft | AED 1.2MAED 1,200,800 · Jan 2015January 2015 | 100,000 /yr | |
| 204 | 1,006 sqft | AED 890KAED 890,000 · Aug 2025August 2025 | 72,000 /yr | ||
| 205 | 2-bed | 1,006 sqft | AED 875KAED 875,000 · Jun 2025June 2025 | 60,000 /yr | |
| 207 | 2-bed | 1,498 sqft | AED 1.26MAED 1,264,000 · Jan 2016January 2016 | 50,000 /yr | |
| 208 | 1-bed | 665 sqft | AED 575KAED 575,000 · May 2025May 2025 | 39,500 /yr | |
| 209 | Studio | 468 sqft | AED 425KAED 425,000 · Oct 2024October 2024 | 46,000 /yr |
206, Al Ramth 23 in numbers
- Sold once: by Remraam on 4 January 2016 for AED 1,264,000, or AED 843 per sqft.
- Rented since February 2018 on 8 Ejari contracts. The rent fell from AED 78,000 to AED 50,000 in 2022 and recovered to AED 90,000 by October 2024.
- At AED 90,000 a year the gross yield on the 2016 price is 7.1%, 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 20 October 2024.
Questions about 206, Al Ramth 23
What did unit 206 last sell for?
AED 1,264,000 on 4 January 2016, 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 206?
AED 90,000 a year on the contract signed on 20 October 2024. The previous contract, from October 2023, was AED 80,000; the unit has been rented since February 2018.
How big is unit 206?
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 206 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 206, Al Ramth 23
Starts from the last sale price (AED 1.26M, 4 January 2016). 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 →