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2-bed · 1,501 sqftAl Ramth 41, Remraam · 2nd floor · completed 2011

206, Al Ramth 41

Sold prices and rental history: sold twice, last in June 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 1 August 2023
Last soldAED 1.07M2 June 2016
Current rentAED 62K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 206, Al Ramth 41

What is 206 worth today?

Last sold for AED 1,070,000 in 2016

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1 Aug 2023RentedNew contract
AED 62,000/yr12 months · AED 41 per sqft
1 Aug 2021RentedRenewal
AED 57,000/yr12 months · AED 38 per sqft
1 Aug 2020RentedRenewal
AED 57,000/yr12 months · AED 38 per sqft
1 Aug 2019RentedNew contract
AED 67,000/yr12 months · AED 45 per sqft
10 Dec 2018RentedRenewal
AED 75,209/yr12 months · AED 50 per sqft
10 Dec 2017RentedRenewal
AED 88,000/yr12 months · AED 59 per sqft
10 Dec 2016RentedNew contract
AED 88,000/yr12 months · AED 59 per sqft
2 Jun 2016SoldReady
AED 1,070,000AED 712 per sqft

Source: Dubai Land Department. Updated 1 August 2023.

Key facts

Type
2-bed apartment
Size
1,501 sqft
Floor
2nd of 5
Parking
G-109
Developer
Remraam
Completed
2011
Service charge
AED 23,000 /yr
Last sold
AED 1.07M · June 2016
Building
Al Ramth 41

About 206, Al Ramth 41

206 is a two-bedroom apartment of 1,501 sqft on the 2nd floor of Al Ramth 41, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 2 June 2016 for AED 1,070,000, or AED 712 per sqft, 65% above the AED 431 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 1 August 2023, is AED 62,000 a year: a gross yield of 5.8% on the 2016 price, before the service charge of about AED 23,000 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical two-bed in Al Ramth 41
500K1M1.5M2011201520192023Typical 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, August 2011: AED 1,497,200 (AED 997 per sqft)Sold, June 2016: AED 1,070,000 (AED 712 per sqft)

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

Rents
Unit 206, 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 78,298New contract, December 2016: AED 88,000 a yearRenewal, December 2017: AED 88,000 a yearRenewal, December 2018: AED 75,209 a yearNew contract, August 2019: AED 67,000 a yearRenewal, August 2020: AED 57,000 a yearRenewal, August 2021: AED 57,000 a yearNew contract, August 2023: AED 62,000 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 206 sits

All 15 2-beds →

206 last sold in June 2016 at AED 712 per sqft, 65% above what two-beds in Al Ramth 41 were fetching at the time (AED 431).

Recent 2-bed salesUnit no.Price (AED)Summary
16 May 20251,200,000
12 Dec 2024900,000
2 Aug 2023830,000
6 Jul 2023675,000
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 2nd floor

All 43 units in Al Ramth 41
Value
2011-bedAED 580K · Jan 2018
2022-bedAED 1.2M · May 2025
2032-bedAED 830K · Aug 2023
2042-bedAED 530K · Apr 2021
2052-bedAED 989K · Feb 2015
2072-bedAED 525K · Oct 2016
2081-bedAED 590K · Sep 2015
1–7 of 8

206, Al Ramth 41 in numbers

  • Sold twice: first on 15 August 2011 for AED 1,497,200, last on 2 June 2016 for AED 1,070,000 (AED 712 per sqft).
  • Rented since December 2016 on 7 Ejari contracts, from AED 88,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2016 price is 5.8%, before a service charge of about AED 23,000 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 1 August 2023.

Questions about 206, Al Ramth 41

What did unit 206 last sell for?

AED 1,070,000 on 2 June 2016: AED 712 per sqft for 1,501 sqft. The unit has 2 registered sales; the first was AED 1,497,200 in August 2011.

What is the rent for unit 206?

AED 62,000 a year on the contract signed on 1 August 2023. The previous contract, from August 2021, was AED 57,000; the unit has been rented since December 2016.

How big is unit 206?

1,501 sqft (139.4 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2011.

What is unit 206 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 206, Al Ramth 41

Starts from the last sale price (AED 1.07M, 2 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,070,000
Deposit, UAE resident (20%)
AED 214,000
Deposit, non-resident (40%)
AED 428,000
Monthly over 25 years at 3.7%
AED 4,378

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