1-bed · 989 sqftAl Ramth 28, Remraam · Ground floor · completed 2011

G04, Al Ramth 28

Sold prices and rental history: sold twice, last in April 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G04 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 336K20 April 2014
Current rentAED 40K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G04, Al Ramth 28

What is G04 worth today?

Last sold for AED 335,940 in 2014

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1 Sep 2024RentedRenewal
AED 40,000/yr12 months · AED 40 per sqft
1 Sep 2023RentedRenewal
AED 30,000/yr12 months · AED 30 per sqft
1 Sep 2022RentedNew contract
AED 32,000/yr12 months · AED 32 per sqft
1 Sep 2021RentedNew contract
AED 28,000/yr12 months · AED 28 per sqft
20 Aug 2020RentedRenewal
AED 35,000/yr12 months · AED 35 per sqft
20 Aug 2019RentedRenewal
AED 46,000/yr12 months · AED 46 per sqft
20 Aug 2018RentedNew contract
AED 50,000/yr12 months · AED 50 per sqft
1 Apr 2015RentedNew contract
AED 58,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
1-bed apartment
Size
989 sqft
Floor
Ground of 7
Parking
G-9
Developer
Remraam
Completed
2011
Service charge
AED 15,200 /yr
Last sold
AED 336K · April 2014
Building
Al Ramth 28

About G04, Al Ramth 28

G04 is a one-bedroom apartment of 989 sqft on the ground floor of Al Ramth 28, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 20 April 2014 for AED 335,940, or AED 339 per sqft, 61% below the AED 870 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 40,000 a year: a gross yield of 11.9% on the 2014 price, before the service charge of about AED 15,200 a year.

Sales and rents for G04 over time

Sales
Unit G04, each saleTypical one-bed in Al Ramth 28
400K600K2009201320172021Typical sale price by year: 2009 AED 722,635; 2013 AED 642,579; 2014 AED 708,000; 2015 AED 400,950; 2016 AED 605,000; 2017 AED 640,000; 2023 AED 570,000Sold by developer, April 2009: AED 493,816 (AED 499 per sqft)Sold, April 2014: AED 335,940 (AED 339 per sqft)

G04 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit G04, each contractTypical one-bed in Al Ramth 28
40K60K2014201820222026Typical rent by year: 2014 AED 55,000; 2015 AED 55,000; 2016 AED 55,583; 2017 AED 57,000; 2018 AED 50,000; 2019 AED 45,000; 2020 AED 36,000; 2021 AED 31,500; 2022 AED 34,000; 2023 AED 40,125; 2024 AED 48,625; 2025 AED 54,600; 2026 AED 50,000New contract, April 2015: AED 58,000 a yearNew contract, August 2018: AED 50,000 a yearRenewal, August 2019: AED 46,000 a yearRenewal, August 2020: AED 35,000 a yearNew contract, September 2021: AED 28,000 a yearNew contract, September 2022: AED 32,000 a yearRenewal, September 2023: AED 30,000 a yearRenewal, September 2024: AED 40,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Al Ramth 28, and where G04 sits

All 29 1-beds →

G04 last sold in April 2014 at AED 339 per sqft, 61% below what one-beds in Al Ramth 28 were fetching at the time (AED 870). G04's AED 40,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Jul 2025700,000
9 Jul 2024650,000
28 May 2024400,000
6 Nov 2023605,000
0 1-bed sales in the last 12 months

Al Ramth 28

Building

77 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 894
Typical sale
AED 478K
Typical rent
AED 52K /yr
Typical yield
9.4%
Al Ramth 28, Remraam: prices, sales and rents →

Other units on the ground floor

All 77 units in Al Ramth 28
Value
G013-bedAED 720K · May 2017
G022-bedAED 1.1M · Oct 2016
G031-bedAED 605K · Nov 2023
G052-bedAED 1.05M · Sep 2024

G04, Al Ramth 28 in numbers

  • Sold twice: first on 29 April 2009 for AED 493,816, last on 20 April 2014 for AED 335,940 (AED 339 per sqft).
  • Rented since April 2015 on 8 Ejari contracts. The rent fell from AED 58,000 to AED 28,000 in 2021 and recovered to AED 40,000 by September 2024.
  • At AED 40,000 a year the gross yield on the 2014 price is 11.9%, before a service charge of about AED 15,200 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 1 September 2024.

Questions about G04, Al Ramth 28

What did unit G04 last sell for?

AED 335,940 on 20 April 2014: AED 339 per sqft for 989 sqft. The unit has 2 registered sales; the first was AED 493,816 in April 2009.

What is the rent for unit G04?

AED 40,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 30,000; the unit has been rented since April 2015.

How big is unit G04?

989 sqft (91.9 sqm): a one-bedroom apartment on the ground floor of a 7-storey tower completed in 2011.

What is unit G04 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 G04, Al Ramth 28

Starts from the last sale price (AED 336K, 20 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 335,940
Deposit, UAE resident (20%)
AED 67,188
Deposit, non-resident (40%)
AED 134,376
Monthly over 25 years at 3.7%
AED 1,374

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