704, Al Ramth 37
Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Al Ramth 37
What is 704 worth today?
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Source: Dubai Land Department. Updated 26 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,030 sqft
- Floor
- 7th of 7
- Parking
- G-79
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 15,800 /yr
- Last sold
- AED 503K · June 2022
- Building
- Al Ramth 37
About 704, Al Ramth 37
704 is a two-bedroom apartment of 1,030 sqft on the 7th floor of Al Ramth 37, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 16 June 2022 for AED 503,302, or AED 488 per sqft.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 26 December 2024, is AED 73,500 a year: a gross yield of 14.6% on the 2022 price, before the service charge of about AED 15,800 a year.
Sales and rents for 704 over time
704 has sold twice; the dashed line is the two-bed median of each year in the building.
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 704 sits
All 18 2-beds →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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Jun 20253 June 2025 | 1,601 sqft | 1,200,000 | 749 | ||
| 19 May 202519 May 2025 | 1,009 sqft | 900,000 | 892 | ||
| 16 Jan 202516 January 2025 | 1,009 sqft | 910,000 | 902 | ||
| 8 Jan 20258 January 2025 | 1,009 sqft | 890,000 | 882 |
Al Ramth 37
Building62 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%
Other units on the 7th floor
All 62 units in Al Ramth 37| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 665 sqft | AED 833KAED 832,650 · Jan 2014January 2014 | 45,000 /yr | |
| 702 | 3-bed | 1,496 sqft | AED 1.15MAED 1,150,000 · Nov 2023November 2023 | 120,000 /yr | |
| 703 | 2-bed | 1,030 sqft | AED 750KAED 750,000 · May 2024May 2024 | 63,795 /yr | |
| 705 | 3-bed | 1,496 sqft | AED 800KAED 800,000 · Nov 2021November 2021 | 130,000 /yr | |
| 706 | 1-bed | 689 sqft | AED 709KAED 708,820 · Dec 2014December 2014 | 45,000 /yr | |
| 707 | Studio | 387 sqft | AED 300KAED 300,000 · May 2019May 2019 | 35,000 /yr |
704, Al Ramth 37 in numbers
- Sold twice: first on 19 October 2015 for AED 1,059,080, last on 16 June 2022 for AED 503,302 (AED 488 per sqft).
- Rented since August 2017 on 4 Ejari contracts. The rent fell from AED 68,000 to AED 50,000 in 2022 and recovered to AED 73,500 by December 2024.
- At AED 73,500 a year the gross yield on the 2022 price is 14.6%, before a service charge of about AED 15,800 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 26 December 2024.
Questions about 704, Al Ramth 37
What did unit 704 last sell for?
AED 503,302 on 16 June 2022: AED 488 per sqft for 1,030 sqft. The unit has 2 registered sales; the first was AED 1,059,080 in October 2015.
What is the rent for unit 704?
AED 73,500 a year on the contract renewed on 26 December 2024. The previous contract, from December 2023, was AED 70,000; the unit has been rented since August 2017.
How big is unit 704?
1,030 sqft (95.7 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2011.
What is unit 704 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 704, Al Ramth 37
Starts from the last sale price (AED 503K, 16 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 503,302
- Deposit, UAE resident (20%)
- AED 100,660
- Deposit, non-resident (40%)
- AED 201,321
- Monthly over 25 years at 3.7%
- AED 2,059
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →