Studio · 387 sqftAl Ramth 37, Remraam · 2nd floor · completed 2011

209, Al Ramth 37

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 18 November 2024
Last soldAED 245K29 June 2022
Current rentAED 42K /yr18 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Al Ramth 37

What is 209 worth today?

Last sold for AED 245,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

18 Nov 2024RentedRenewal
AED 42,000/yr12 months · AED 109 per sqft
18 Nov 2023RentedNew contract
AED 35,000/yr12 months · AED 90 per sqft
1 Oct 2022RentedNew contract
AED 26,000/yr12 months · AED 67 per sqft
29 Jun 2022SoldReady
AED 245,000AED 633 per sqft
25 Mar 2019RentedNew contract
AED 32,000/yr12 months · AED 83 per sqft
26 Dec 2013Sold by developerReady
AED 502,125AED 1,297 per sqft

Source: Dubai Land Department. Updated 18 November 2024.

Key facts

Type
Studio apartment
Size
387 sqft
Floor
2nd of 7
Parking
G-128
Developer
Remraam
Completed
2011
Service charge
AED 5,900 /yr
Last sold
AED 245K · June 2022
Building
Al Ramth 37

About 209, Al Ramth 37

209 is a studio of 387 sqft on the 2nd floor of Al Ramth 37, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 29 June 2022 for AED 245,000, or AED 633 per sqft.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 18 November 2024, is AED 42,000 a year: a gross yield of 17.1% on the 2022 price, before the service charge of about AED 5,900 a year.

Sales and rents for 209 over time

Sales
Unit 209, each saleTypical studio in Al Ramth 37
200K400K2013201620192022Typical sale price by year: 2013 AED 369,431; 2014 AED 387,000; 2015 AED 460,000Sold by developer, December 2013: AED 502,125 (AED 1,297 per sqft)Sold, June 2022: AED 245,000 (AED 633 per sqft)

209 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 209, each contractTypical studio in Al Ramth 37
20K40K201720202023Typical rent by year: 2017 AED 40,500; 2019 AED 30,000; 2021 AED 18,000; 2022 AED 26,000; 2024 AED 36,000New contract, March 2019: AED 32,000 a yearNew contract, October 2022: AED 26,000 a yearNew contract, November 2023: AED 35,000 a yearRenewal, November 2024: AED 42,000 a year

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

Studios in Al Ramth 37, and where 209 sits

All 6 studios →
Recent studio salesUnit no.Price (AED)Summary
6 Apr 2023275,000
26 May 2019300,000
21 Feb 2016351,000
30 Jul 2015420,000
0 studio sales in the last 12 months

Al Ramth 37

Building

62 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.

Typical price per sqft
AED 981
Typical sale
AED 990K
Typical rent
AED 47K /yr
Typical yield
6.9%
Al Ramth 37, Remraam: prices, sales and rents →

Other units on the 2nd floor

All 62 units in Al Ramth 37
Value
2011-bedAED 575K · Jul 2017
2022-bedAED 900K · Nov 2023
2032-bedAED 1.11M · Apr 2014
2042-bedAED 862K · Jun 2014
2052-bedAED 835K · Nov 2017
2062-bedAED 925K · Aug 2018
2081-bedAED 560K · Feb 2025

209, Al Ramth 37 in numbers

  • Sold twice: first on 26 December 2013 for AED 502,125, last on 29 June 2022 for AED 245,000 (AED 633 per sqft).
  • Rented since March 2019 on 4 Ejari contracts. The rent fell from AED 32,000 to AED 26,000 in 2022 and recovered to AED 42,000 by November 2024.
  • At AED 42,000 a year the gross yield on the 2022 price is 17.1%, before a service charge of about AED 5,900 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 18 November 2024.

Questions about 209, Al Ramth 37

What did unit 209 last sell for?

AED 245,000 on 29 June 2022: AED 633 per sqft for 387 sqft. The unit has 2 registered sales; the first was AED 502,125 in December 2013.

What is the rent for unit 209?

AED 42,000 a year on the contract renewed on 18 November 2024. The previous contract, from November 2023, was AED 35,000; the unit has been rented since March 2019.

How big is unit 209?

387 sqft (36.0 sqm): a studio on the 2nd floor of a 7-storey tower completed in 2011.

What is unit 209 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 209? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 209, Al Ramth 37

Starts from the last sale price (AED 245K, 29 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 245,000
Deposit, UAE resident (20%)
AED 49,000
Deposit, non-resident (40%)
AED 98,000
Monthly over 25 years at 3.7%
AED 1,002

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