2-bed · 1,009 sqftAl Ramth 37, Remraam · 3rd floor · completed 2011

304, Al Ramth 37

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

Unit 304 · DLD and Ejari recordsUpdated 15 March 2024
Last soldAED 994K16 September 2014
Current rentAED 61K /yr15 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Al Ramth 37

What is 304 worth today?

Last sold for AED 994,000 in 2014

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15 Mar 2024RentedNew contract
AED 61,000/yr12 months · AED 60 per sqft
15 Mar 2023RentedRenewal
AED 55,000/yr12 months · AED 55 per sqft
15 Mar 2022RentedRenewal
AED 52,000/yr12 months · AED 52 per sqft
16 Mar 2021RentedRenewal
AED 52,155/yr12 months · AED 52 per sqft
15 Mar 2020RentedRenewal
AED 55,850/yr12 months · AED 55 per sqft
15 Mar 2017RentedRenewal
AED 75,000/yr12 months · AED 74 per sqft
15 Mar 2016RentedRenewal
AED 72,000/yr12 months · AED 71 per sqft
15 Mar 2015RentedNew contract
AED 72,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 15 March 2024.

Key facts

Type
2-bed apartment
Size
1,009 sqft
Floor
3rd of 7
Parking
G-115
Developer
Remraam
Completed
2011
Service charge
AED 15,500 /yr
Last sold
AED 994K · September 2014
Building
Al Ramth 37

About 304, Al Ramth 37

304 is a two-bedroom apartment of 1,009 sqft on the 3rd floor of Al Ramth 37, a 7-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 16 September 2014 for AED 994,000, or AED 985 per sqft, 16% above the AED 849 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 15 March 2024, is AED 61,000 a year: a gross yield of 6.1% on the 2014 price, before the service charge of about AED 15,500 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Al Ramth 37
500K750K1M2009201420192024Typical sale price by year: 2009 AED 743,450; 2013 AED 934,819; 2014 AED 994,000; 2015 AED 492,000; 2022 AED 635,000; 2025 AED 905,000Sold by developer, September 2014: AED 994,000 (AED 985 per sqft)

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

Rents
Unit 304, each contractTypical two-bed in Al Ramth 37
60K80K20142017202020232026Typical rent by year: 2014 AED 77,500; 2015 AED 76,000; 2016 AED 75,000; 2017 AED 76,108; 2018 AED 71,500; 2019 AED 60,000; 2020 AED 56,925; 2021 AED 50,000; 2022 AED 52,250; 2023 AED 55,000; 2024 AED 64,973; 2025 AED 66,150New contract, March 2015: AED 72,000 a yearRenewal, March 2016: AED 72,000 a yearRenewal, March 2017: AED 75,000 a yearRenewal, March 2020: AED 55,850 a yearRenewal, March 2021: AED 52,155 a yearRenewal, March 2022: AED 52,000 a yearRenewal, March 2023: AED 55,000 a yearNew contract, March 2024: AED 61,000 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 37, and where 304 sits

All 18 2-beds →

304 last sold in September 2014 at AED 985 per sqft, 16% above what two-beds in Al Ramth 37 were fetching at the time (AED 849). Over the last 12 months two-beds sold for AED 990,000, around AED 981 per sqft, and rent for AED 66,700 to 66,700 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Jun 20251,200,000
19 May 2025900,000
16 Jan 2025910,000
8 Jan 2025890,000
1 2-bed sale 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 3rd floor

All 62 units in Al Ramth 37
Value
3011-bedAED 460K · Oct 2023
3021-bedAED 975K · Nov 2013
3031-bedAED 710K · Mar 2025
3052-bedAED 635K · Aug 2022
3061-bedAED 1.25M · Apr 2009
3081-bedAED 692K · Dec 2015
309StudioAED 420K · Jul 2015

304, Al Ramth 37 in numbers

  • Sold once: by Remraam on 16 September 2014 for AED 994,000, or AED 985 per sqft.
  • Rented since March 2015 on 8 Ejari contracts. The rent fell from AED 72,000 to AED 52,000 in 2022 and recovered to AED 61,000 by March 2024.
  • At AED 61,000 a year the gross yield on the 2014 price is 6.1%, before a service charge of about AED 15,500 a year (AED 15.34 per sqft).
  • Two-beds in Al Ramth 37 sold for AED 990,000–990,000 in the 12 months to November 2026; the building's median across all types is AED 981 per sqft.

Source: Dubai Land Department. Updated 15 March 2024.

Questions about 304, Al Ramth 37

What did unit 304 last sell for?

AED 994,000 on 16 September 2014, sold by the developer: AED 985 per sqft for 1,009 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 61,000 a year on the contract signed on 15 March 2024. The previous contract, from March 2023, was AED 55,000; the unit has been rented since March 2015.

How big is unit 304?

1,009 sqft (93.7 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2011.

What is unit 304 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 37 sold for AED 990,000 to 990,000 in the last 12 months, around AED 981 per sqft.

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Mortgage on 304, Al Ramth 37

Starts from the last sale price (AED 994K, 16 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 994,000
Deposit, UAE resident (20%)
AED 198,800
Deposit, non-resident (40%)
AED 397,600
Monthly over 25 years at 3.7%
AED 4,067

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