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1-bed · 668 sqftAl Ramth 41, Remraam · 3rd floor · completed 2011

308, Al Ramth 41

Sold prices and rental history: sold twice, last in July 2018, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 10 August 2022
Last soldAED 500K31 July 2018
Current rentAED 33K /yr10 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 308, Al Ramth 41

What is 308 worth today?

Last sold for AED 500,000 in 2018

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10 Aug 2022RentedNew contract
AED 33,000/yr12 months · AED 49 per sqft
28 Jun 2021RentedRenewal
AED 26,500/yr12 months · AED 40 per sqft
28 Jun 2020RentedNew contract
AED 26,500/yr12 months · AED 40 per sqft
1 Oct 2018RentedNew contract
AED 43,000/yr12 months · AED 64 per sqft
31 Jul 2018SoldReady
AED 500,000AED 748 per sqft
3 Apr 2017RentedRenewal
AED 55,000/yr12 months · AED 82 per sqft
3 Apr 2016RentedNew contract
AED 55,000/yr12 months · AED 82 per sqft
21 Sep 2015Sold by developerReady
AED 593,100AED 887 per sqft

Source: Dubai Land Department. Updated 10 August 2022.

Key facts

Type
1-bed apartment
Size
668 sqft
Floor
3rd of 5
Parking
G-119
Developer
Remraam
Completed
2011
Service charge
AED 10,200 /yr
Last sold
AED 500K · July 2018
Building
Al Ramth 41

About 308, Al Ramth 41

308 is a one-bedroom apartment of 668 sqft on the 3rd floor of Al Ramth 41, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 31 July 2018 for AED 500,000, or AED 748 per sqft, 9% above the AED 685 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 10 August 2022, is AED 33,000 a year: a gross yield of 6.6% on the 2018 price, before the service charge of about AED 10,200 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in Al Ramth 41
600K800K20092013201720212025Typical sale price by year: 2009 AED 888,162; 2013 AED 583,397; 2014 AED 673,892; 2015 AED 591,300; 2018 AED 520,000; 2023 AED 490,000; 2024 AED 582,000Sold by developer, September 2015: AED 593,100 (AED 887 per sqft)Sold, July 2018: AED 500,000 (AED 748 per sqft)

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

Rents
Unit 308, each contractTypical one-bed in Al Ramth 41
40K60K20142017202020232026Typical rent by year: 2014 AED 57,000; 2015 AED 57,000; 2016 AED 60,000; 2017 AED 56,500; 2018 AED 50,000; 2019 AED 43,000; 2020 AED 36,000; 2021 AED 33,000; 2022 AED 36,000; 2023 AED 39,100; 2024 AED 55,000; 2025 AED 58,000New contract, April 2016: AED 55,000 a yearRenewal, April 2017: AED 55,000 a yearNew contract, October 2018: AED 43,000 a yearNew contract, June 2020: AED 26,500 a yearRenewal, June 2021: AED 26,500 a yearNew contract, August 2022: AED 33,000 a year

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

1-beds in Al Ramth 41, and where 308 sits

All 21 1-beds →

308 last sold in July 2018 at AED 748 per sqft, 9% above what one-beds in Al Ramth 41 were fetching at the time (AED 685).

Recent 1-bed salesUnit no.Price (AED)Summary
16 Oct 2024500,000
2 Sep 2024680,000
10 Jun 2024620,000
23 May 2024520,000
0 1-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 3rd floor

All 43 units in Al Ramth 41
Value
3011-bedAED 884K · Apr 2009
3021-bedAED 520K · Mar 2019
3031-bedAED 499K · Feb 2023
304AED 950K · Nov 2025
3052-bedAED 868K · Oct 2013
3061-bedAED 680K · Sep 2024
3071-bedAED 847K · Jun 2014
1–7 of 8

308, Al Ramth 41 in numbers

  • Sold twice: first on 21 September 2015 for AED 593,100, last on 31 July 2018 for AED 500,000 (AED 748 per sqft).
  • Rented since April 2016 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 26,500 in 2021 and recovered to AED 33,000 by August 2022.
  • At AED 33,000 a year the gross yield on the 2018 price is 6.6%, before a service charge of about AED 10,200 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 10 August 2022.

Questions about 308, Al Ramth 41

What did unit 308 last sell for?

AED 500,000 on 31 July 2018: AED 748 per sqft for 668 sqft. The unit has 2 registered sales; the first was AED 593,100 in September 2015.

What is the rent for unit 308?

AED 33,000 a year on the contract signed on 10 August 2022. The previous contract, from June 2021, was AED 26,500; the unit has been rented since April 2016.

How big is unit 308?

668 sqft (62.1 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2011.

What is unit 308 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 308, Al Ramth 41

Starts from the last sale price (AED 500K, 31 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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