2-bed · 1,009 sqftAl Ramth 41, Remraam · 1st floor · completed 2011

104, Al Ramth 41

Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 6 July 2023
Last soldAED 675K6 July 2023
Current rentAED 50K /yr28 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, Al Ramth 41

What is 104 worth today?

Last sold for AED 675,000 in 2023

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6 Jul 2023SoldReady
AED 675,000AED 669 per sqft
28 Jul 2022RentedNew contract
AED 50,000/yr12 months · AED 49 per sqft
1 Feb 2021RentedNew contract
AED 42,000/yr12 months · AED 42 per sqft
20 Sep 2019RentedNew contract
AED 55,000/yr12 months · AED 54 per sqft
3 Jan 2019RentedRenewal
AED 60,000/yr12 months · AED 59 per sqft
3 Jan 2018RentedNew contract
AED 66,000/yr12 months · AED 65 per sqft
1 Jul 2016RentedNew contract
AED 77,000/yr12 months · AED 76 per sqft
1 Jul 2015RentedRenewal
AED 77,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 6 July 2023.

Key facts

Type
2-bed apartment
Size
1,009 sqft
Floor
1st of 5
Parking
G-13
Developer
Remraam
Completed
2011
Service charge
AED 15,500 /yr
Last sold
AED 675K · July 2023
Building
Al Ramth 41

About 104, Al Ramth 41

104 is a two-bedroom apartment of 1,009 sqft on the 1st floor of Al Ramth 41, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 6 July 2023 for AED 675,000, or AED 669 per sqft, 15% above the AED 584 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 28 July 2022, is AED 50,000 a year: a gross yield of 7.4% on the 2023 price, before the service charge of about AED 15,500 a year.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical two-bed in Al Ramth 41
600K800K2010201420182022Typical sale price by year: 2013 AED 872,946; 2014 AED 819,750; 2015 AED 890,100; 2016 AED 530,000; 2023 AED 710,000Sold by developer, March 2010: AED 619,390 (AED 613 per sqft)Sold, February 2015: AED 856,879 (AED 849 per sqft)Sold, July 2023: AED 675,000 (AED 669 per sqft)

104 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 104, each contractTypical two-bed in Al Ramth 41
40K60K80K20142017202020232026Typical rent by year: 2014 AED 70,000; 2015 AED 78,000; 2016 AED 80,000; 2017 AED 80,000; 2018 AED 67,000; 2019 AED 58,000; 2020 AED 53,000; 2021 AED 44,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 64,000; 2025 AED 78,298Renewal, July 2015: AED 77,000 a yearNew contract, July 2016: AED 77,000 a yearNew contract, January 2018: AED 66,000 a yearRenewal, January 2019: AED 60,000 a yearNew contract, September 2019: AED 55,000 a yearNew contract, February 2021: AED 42,000 a yearNew contract, July 2022: AED 50,000 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 41, and where 104 sits

All 15 2-beds →

104 last sold in July 2023 at AED 669 per sqft, 15% above what two-beds in Al Ramth 41 were fetching at the time (AED 584).

Recent 2-bed salesUnit no.Price (AED)Summary
16 May 20251,200,000
12 Dec 2024900,000
2 Aug 2023830,000
15 Jun 2023650,000
0 2-bed sales in the last 12 months

Al Ramth 41

Building

43 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 58K /yr
Typical yield
Al Ramth 41, Remraam: prices, sales and rents →

Other units on the 1st floor

All 43 units in Al Ramth 41
Value
1011-bedAED 800K · Mar 2014
1033-bedAED 1.3M · Mar 2017
1052-bedAED 435K · Apr 2016
1063-bedAED 1.27M · Apr 2014
1081-bedAED 620K · Jun 2024

104, Al Ramth 41 in numbers

  • Sold 3 times: first on 18 March 2010 for AED 619,390, last on 6 July 2023 for AED 675,000 (AED 669 per sqft).
  • Rented since July 2015 on 7 Ejari contracts. The rent fell from AED 77,000 to AED 42,000 in 2021 and recovered to AED 50,000 by July 2022.
  • At AED 50,000 a year the gross yield on the 2023 price is 7.4%, before a service charge of about AED 15,500 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 6 July 2023.

Questions about 104, Al Ramth 41

What did unit 104 last sell for?

AED 675,000 on 6 July 2023: AED 669 per sqft for 1,009 sqft. The unit has 3 registered sales; the first was AED 619,390 in March 2010.

What is the rent for unit 104?

AED 50,000 a year on the contract signed on 28 July 2022. The previous contract, from February 2021, was AED 42,000; the unit has been rented since July 2015.

How big is unit 104?

1,009 sqft (93.7 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower completed in 2011.

What is unit 104 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 104, Al Ramth 41

Starts from the last sale price (AED 675K, 6 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 675,000
Deposit, UAE resident (20%)
AED 135,000
Deposit, non-resident (40%)
AED 270,000
Monthly over 25 years at 3.7%
AED 2,762

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