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

207, Al Ramth 23

Sold prices and rental history: sold once, by the developer in January 2016, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 15 November 2020
Last soldAED 1.26M4 January 2016
Current rentAED 50K /yr15 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 207, Al Ramth 23

What is 207 worth today?

Last sold for AED 1,264,000 in 2016

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15 Nov 2020RentedNew contract
AED 50,000/yr12 months · AED 33 per sqft
15 Feb 2019RentedRenewal
AED 80,000/yr12 months · AED 53 per sqft
15 Feb 2018RentedNew contract
AED 80,000/yr12 months · AED 53 per sqft
4 Jan 2016Sold by developerReady
AED 1,264,000AED 843 per sqft

Source: Dubai Land Department. Updated 15 November 2020.

Key facts

Type
2-bed apartment
Size
1,498 sqft
Floor
2nd of 5
Parking
G-45
Developer
Remraam
Completed
2011
Service charge
AED 23,000 /yr
Last sold
AED 1.26M · January 2016
Building
Al Ramth 23

About 207, Al Ramth 23

207 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 since 2018 on 3 Ejari contracts. The current contract, signed on 15 November 2020, is AED 50,000 a year: a gross yield of 4.0% on the 2016 price, before the service charge of about AED 23,000 a year.

Sales and rents for 207 over time

Sales
Unit 207, 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 2016: AED 1,264,000 (AED 843 per sqft)

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

Rents
Unit 207, each contractTypical two-bed in Al Ramth 23
40K60K80K20142017202020232026Typical 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, February 2018: AED 80,000 a yearRenewal, February 2019: AED 80,000 a yearNew contract, November 2020: AED 50,000 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 207 sits

All 14 2-beds →

207 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 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
2032-bedAED 1.2M · Jan 2015
204AED 890K · Aug 2025
2052-bedAED 875K · Jun 2025
2062-bedAED 1.26M · Jan 2016
2081-bedAED 575K · May 2025
1–7 of 8

207, 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 3 Ejari contracts, from AED 80,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2016 price is 4.0%, 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 15 November 2020.

Questions about 207, Al Ramth 23

What did unit 207 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 207?

AED 50,000 a year on the contract signed on 15 November 2020. The previous contract, from February 2019, was AED 80,000; the unit has been rented since February 2018.

How big is unit 207?

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 207 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 207, 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 →