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2-bed · 1,498 sqftAl Ramth 47, Remraam · 2nd floor · completed 2011

203, Al Ramth 47

Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 8 February 2024
Last soldAED 950K8 February 2024
Current rentAED 63K /yr12 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, Al Ramth 47

What is 203 worth today?

Last sold for AED 950,000 in 2024

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8 Feb 2024SoldReady
AED 950,000AED 634 per sqft
12 Jan 2023RentedRenewal
AED 63,000/yr12 months · AED 42 per sqft
12 Jan 2022RentedRenewal
AED 56,000/yr12 months · AED 37 per sqft
12 Jan 2021RentedRenewal
AED 53,500/yr12 months · AED 36 per sqft
10 Dec 2017RentedNew contract
AED 85,000/yr12 months · AED 57 per sqft
1 Jul 2016RentedNew contract
AED 90,000/yr12 months · AED 60 per sqft
21 Jun 2016SoldReady
AED 1,070,000AED 714 per sqft
15 Aug 2011Sold by developerOff-plan
AED 1,493,400AED 996 per sqft

Source: Dubai Land Department. Updated 8 February 2024.

Key facts

Type
2-bed apartment
Size
1,498 sqft
Floor
2nd of 5
Parking
G-41
Developer
Remraam
Completed
2011
Service charge
AED 23,000 /yr
Last sold
AED 950K · February 2024
Building
Al Ramth 47

About 203, Al Ramth 47

203 is a two-bedroom apartment of 1,498 sqft on the 2nd floor of Al Ramth 47, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 8 February 2024 for AED 950,000, or AED 634 per sqft, 9% below the AED 700 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 12 January 2023, is AED 63,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 23,000 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical two-bed in Al Ramth 47
1M1.25M1.5M2011201520192023Typical sale price by year: 2011 AED 1,493,400; 2013 AED 1,278,805; 2014 AED 996,000; 2015 AED 1,104,000; 2016 AED 1,070,000Sold by developer, August 2011: AED 1,493,400 (AED 996 per sqft)Sold, June 2016: AED 1,070,000 (AED 714 per sqft)Sold, February 2024: AED 950,000 (AED 634 per sqft)

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

Rents
Unit 203, each contractTypical two-bed in Al Ramth 47
50K75K2015201820212024Typical rent by year: 2015 AED 77,500; 2016 AED 82,537; 2017 AED 75,000; 2018 AED 71,000; 2019 AED 60,000; 2020 AED 53,000; 2021 AED 45,000; 2022 AED 53,000; 2023 AED 60,540; 2024 AED 67,350; 2025 AED 78,838New contract, July 2016: AED 90,000 a yearNew contract, December 2017: AED 85,000 a yearRenewal, January 2021: AED 53,500 a yearRenewal, January 2022: AED 56,000 a yearRenewal, January 2023: AED 63,000 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 47, and where 203 sits

All 16 2-beds →

203 last sold in February 2024 at AED 634 per sqft, 9% below what two-beds in Al Ramth 47 were fetching at the time (AED 700).

Recent 2-bed salesUnit no.Price (AED)Summary
12 Dec 2023950,000
3 Aug 20231,050,000
6 Jul 2022795,000
17 Jun 2021640,000
0 2-bed sales in the last 12 months

Al Ramth 47

Building

43 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.

Typical price per sqft
AED 908
Typical sale
AED 615K
Typical rent
AED 85K /yr
Typical yield
9.3%
Al Ramth 47, Remraam: prices, sales and rents →

Other units on the 2nd floor

All 43 units in Al Ramth 47
Value
2011-bedAED 676K · Aug 2014
2022-bedAED 1.26M · Jun 2014
2042-bedAED 986K · Sep 2014
2052-bedAED 986K · Sep 2014
2062-bedAED 1.07M · Aug 2016
2072-bedAED 1.05M · Aug 2023
2081-bedAED 615K · Dec 2025
1–7 of 8

203, Al Ramth 47 in numbers

  • Sold 3 times: first on 15 August 2011 for AED 1,493,400, last on 8 February 2024 for AED 950,000 (AED 634 per sqft).
  • Rented since July 2016 on 5 Ejari contracts. The rent fell from AED 90,000 to AED 53,500 in 2021 and recovered to AED 63,000 by January 2023.
  • At AED 63,000 a year the gross yield on the 2024 price is 6.6%, before a service charge of about AED 23,000 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 8 February 2024.

Questions about 203, Al Ramth 47

What did unit 203 last sell for?

AED 950,000 on 8 February 2024: AED 634 per sqft for 1,498 sqft. The unit has 3 registered sales; the first was AED 1,493,400 in August 2011.

What is the rent for unit 203?

AED 63,000 a year on the contract renewed on 12 January 2023. The previous contract, from January 2022, was AED 56,000; the unit has been rented since July 2016.

How big is unit 203?

1,498 sqft (139.2 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2011.

What is unit 203 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 203, Al Ramth 47

Starts from the last sale price (AED 950K, 8 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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