3-bed · 2,180 sqftAl Ramth 26, Remraam · 1st floor · completed 2011

109, Al Ramth 26

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

Unit 109 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 867K16 February 2015
Current rentAED 95K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, Al Ramth 26

What is 109 worth today?

Last sold for AED 867,000 in 2015

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1 Apr 2024RentedRenewal
AED 95,000/yr12 months · AED 44 per sqft
1 Apr 2023RentedRenewal
AED 85,000/yr12 months · AED 39 per sqft
1 Apr 2022RentedRenewal
AED 85,000/yr12 months · AED 39 per sqft
1 Apr 2021RentedNew contract
AED 68,000/yr12 months · AED 31 per sqft
27 Jul 2019RentedNew contract
AED 87,000/yr12 months · AED 40 per sqft
16 Sep 2018RentedNew contract
AED 96,000/yr12 months · AED 44 per sqft
21 Aug 2017RentedNew contract
AED 130,000/yr12 months · AED 59 per sqft
21 Aug 2016RentedRenewal
AED 130,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
3-bed apartment
Size
2,180 sqft
Floor
1st of 7
Parking
G-40,G-39
Developer
Remraam
Completed
2011
Service charge
AED 33,400 /yr
Last sold
AED 867K · February 2015
Building
Al Ramth 26

About 109, Al Ramth 26

109 is a three-bedroom apartment of 2,180 sqft on the 1st floor of Al Ramth 26, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 16 February 2015 for AED 867,000, or AED 397 per sqft, 22% below the AED 511 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 95,000 a year: a gross yield of 11.0% on the 2015 price, before the service charge of about AED 33,400 a year.

Sales and rents for 109 over time

Rents
Unit 109, each contractTypical three-bed in Al Ramth 26
100K2015201820212024Typical rent by year: 2015 AED 130,000; 2018 AED 93,500; 2019 AED 86,000; 2020 AED 68,000; 2024 AED 130,000New contract, August 2015: AED 133,000 a yearRenewal, August 2016: AED 130,000 a yearNew contract, August 2017: AED 130,000 a yearNew contract, September 2018: AED 96,000 a yearNew contract, July 2019: AED 87,000 a yearNew contract, April 2021: AED 68,000 a yearRenewal, April 2022: AED 85,000 a yearRenewal, April 2023: AED 85,000 a yearRenewal, April 2024: AED 95,000 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 26, and where 109 sits

All 7 3-beds →

109 last sold in February 2015 at AED 397 per sqft, 22% below what three-beds in Al Ramth 26 were fetching at the time (AED 511).

Recent 3-bed salesUnit no.Price (AED)Summary
12 Jul 20231,050,000
17 May 2023870,118
10 Jun 2022975,000
2 Mar 2021800,000
0 3-bed sales in the last 12 months

Al Ramth 26

Building

74 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.

Typical price per sqft
AED 1,003
Typical sale
AED 625K
Typical rent
AED 40K /yr
Typical yield
8.2%
Al Ramth 26, Remraam: prices, sales and rents →

Other units on the 1st floor

All 74 units in Al Ramth 26
Value
101StudioAED 603K · Dec 2014
1023-bedAED 975K · Jun 2022
1033-bedAED 1.51M · Jun 2014
1042-bedAED 1.02M · Apr 2015
1051-bedAED 700K · Nov 2014
1061-bedAED 350K · Nov 2016
1072-bedAED 650K · May 2023
1–7 of 9

109, Al Ramth 26 in numbers

  • Sold twice: first on 12 November 2014 for AED 867,000, last on 16 February 2015 for AED 867,000 (AED 397 per sqft).
  • Rented since August 2015 on 9 Ejari contracts. The rent fell from AED 133,000 to AED 68,000 in 2021 and recovered to AED 95,000 by April 2024.
  • At AED 95,000 a year the gross yield on the 2015 price is 11.0%, before a service charge of about AED 33,400 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 1 April 2024.

Questions about 109, Al Ramth 26

What did unit 109 last sell for?

AED 867,000 on 16 February 2015: AED 397 per sqft for 2,180 sqft. The unit has 2 registered sales; the first was AED 867,000 in November 2014.

What is the rent for unit 109?

AED 95,000 a year on the contract renewed on 1 April 2024. The previous contract, from April 2023, was AED 85,000; the unit has been rented since August 2015.

How big is unit 109?

2,180 sqft (202.5 sqm): a three-bedroom apartment on the 1st floor of a 7-storey tower completed in 2011.

What is unit 109 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 109, Al Ramth 26

Starts from the last sale price (AED 867K, 16 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 867,000
Deposit, UAE resident (20%)
AED 173,400
Deposit, non-resident (40%)
AED 346,800
Monthly over 25 years at 3.7%
AED 3,547

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