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

207, Al Ramth 47

Sold prices and rental history: sold 4 times, last in August 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 3 August 2023
Last soldAED 1.05M3 August 2023
Current rentAED 60K /yr1 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 207, Al Ramth 47

What is 207 worth today?

Last sold for AED 1,050,000 in 2023

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3 Aug 2023SoldReady
AED 1,050,000AED 700 per sqft
6 Jul 2022SoldReady
AED 795,000AED 530 per sqft
1 Apr 2020RentedNew contract
AED 60,000/yr12 months · AED 40 per sqft
3 Dec 2018RentedNew contract
AED 72,000/yr12 months · AED 48 per sqft
12 Jun 2017RentedNew contract
AED 84,000/yr12 months · AED 56 per sqft
22 May 2016RentedNew contract
AED 95,000/yr12 months · AED 63 per sqft
13 Apr 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 3 August 2023.

Key facts

Type
2-bed apartment
Size
1,498 sqft
Floor
2nd of 5
Parking
G-45
Developer
Remraam
Completed
2011
Service charge
AED 23,000 /yr
Last sold
AED 1.05M · August 2023
Building
Al Ramth 47

About 207, Al Ramth 47

207 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 3 August 2023 for AED 1,050,000, or AED 700 per sqft.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 1 April 2020, is AED 60,000 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 23,000 a year.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical two-bed in Al Ramth 47
1M1.5M2011201520192023Typical 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, April 2016: AED 1,070,000 (AED 714 per sqft)Sold, July 2022: AED 795,000 (AED 530 per sqft)Sold, August 2023: AED 1,050,000 (AED 700 per sqft)

207 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 207, each contractTypical two-bed in Al Ramth 47
50K75K100K2015201820212024Typical 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, May 2016: AED 95,000 a yearNew contract, June 2017: AED 84,000 a yearNew contract, December 2018: AED 72,000 a yearNew contract, April 2020: AED 60,000 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 207 sits

All 16 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
8 Feb 2024950,000
12 Dec 2023950,000
17 Jun 2021640,000
13 Apr 2021620,000
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
2032-bedAED 950K · Feb 2024
2042-bedAED 986K · Sep 2014
2052-bedAED 986K · Sep 2014
2062-bedAED 1.07M · Aug 2016
2081-bedAED 615K · Dec 2025
1–7 of 8

207, Al Ramth 47 in numbers

  • Sold 4 times: first on 15 August 2011 for AED 1,493,400, last on 3 August 2023 for AED 1,050,000 (AED 700 per sqft).
  • Rented since May 2016 on 4 Ejari contracts, from AED 95,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 5.7%, before a service charge of about AED 23,000 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 3 August 2023.

Questions about 207, Al Ramth 47

What did unit 207 last sell for?

AED 1,050,000 on 3 August 2023: AED 700 per sqft for 1,498 sqft. The unit has 4 registered sales; the first was AED 1,493,400 in August 2011.

What is the rent for unit 207?

AED 60,000 a year on the contract signed on 1 April 2020. The previous contract, from December 2018, was AED 72,000; the unit has been rented since May 2016.

How big is unit 207?

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 207 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 207, Al Ramth 47

Starts from the last sale price (AED 1.05M, 3 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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