3-bed · 1,497 sqftAl Ramth 53, Remraam · 1st floor · completed 2011

106, Al Ramth 53

Sold prices and rental history: sold 5 times, last in September 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 1.3M30 September 2024
Current rentAED 93K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Al Ramth 53

What is 106 worth today?

Last sold for AED 1,300,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Oct 2024RentedNew contract
AED 93,439/yr9 months · AED 62 per sqft
30 Sep 2024SoldReady
AED 1,300,000AED 868 per sqft
20 Jul 2023RentedNew contract
AED 85,000/yr12 months · AED 57 per sqft
9 Aug 2022SoldReady
AED 811,412AED 542 per sqft
20 Jul 2021RentedRenewal
AED 65,000/yr12 months · AED 43 per sqft
20 Jul 2020RentedNew contract
AED 73,000/yr12 months · AED 49 per sqft
20 Jul 2019RentedNew contract
AED 80,000/yr12 months · AED 53 per sqft
6 Aug 2018RentedRenewal
AED 100,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
3-bed apartment
Size
1,497 sqft
Floor
1st of 6
Parking
G-16,G-17
Developer
Remraam
Completed
2011
Service charge
AED 23,000 /yr
Last sold
AED 1.3M · September 2024
Building
Al Ramth 53

About 106, Al Ramth 53

106 is a three-bedroom apartment of 1,497 sqft on the 1st floor of Al Ramth 53, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 30 September 2024 for AED 1,300,000, or AED 868 per sqft.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 1 October 2024, is AED 93,439 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 23,000 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical three-bed in Al Ramth 53
1M2M2009201420192024Typical sale price by year: 2009 AED 2,239,010; 2014 AED 1,467,864Sold by developer, April 2009: AED 2,003,800 (AED 1,338 per sqft)Sold, March 2014: AED 1,272,088 (AED 849 per sqft)Sold, July 2014: AED 1,272,088 (AED 849 per sqft)Sold, August 2022: AED 811,412 (AED 542 per sqft)Sold, September 2024: AED 1,300,000 (AED 868 per sqft)

106 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 106, each contractTypical three-bed in Al Ramth 53
75K100K125K2014201720202023Typical rent by year: 2014 AED 110,000; 2016 AED 115,000; 2017 AED 107,500; 2019 AED 88,000; 2020 AED 74,000; 2021 AED 73,500; 2022 AED 80,000; 2023 AED 85,000New contract, August 2014: AED 120,000 a yearNew contract, August 2016: AED 120,000 a yearNew contract, August 2017: AED 120,000 a yearRenewal, August 2018: AED 100,000 a yearNew contract, July 2019: AED 80,000 a yearNew contract, July 2020: AED 73,000 a yearRenewal, July 2021: AED 65,000 a yearNew contract, July 2023: AED 85,000 a yearNew contract, October 2024: AED 93,439 a year

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

3-beds in Al Ramth 53, and where 106 sits

All 4 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
27 May 20251,744,729
3 Jul 20241,550,000
17 Jun 20141,467,864
17 Jun 20141,518,008
0 3-bed sales in the last 12 months

Al Ramth 53

Building

57 apartments, studios to 3-bed over 6 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 57K /yr
Typical yield
Al Ramth 53, Remraam: prices, sales and rents →

Other units on the 1st floor

All 57 units in Al Ramth 53
Value
1011-bedAED 811K · Dec 2014
1023-bedAED 1.55M · Jul 2024
103AED 1.46M · Feb 2024
1042-bedAED 440K · Apr 2013
1052-bedAED 800K · Dec 2023
1073-bedAED 1.52M · Jun 2014
1081-bedAED 660K · Jan 2025

106, Al Ramth 53 in numbers

  • Sold 5 times: first on 8 April 2009 for AED 2,003,800, last on 30 September 2024 for AED 1,300,000 (AED 868 per sqft).
  • Rented since August 2014 on 9 Ejari contracts. The rent fell from AED 120,000 to AED 65,000 in 2021 and recovered to AED 93,439 by October 2024.
  • At AED 93,439 a year the gross yield on the 2024 price is 7.2%, before a service charge of about AED 23,000 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 1 October 2024.

Questions about 106, Al Ramth 53

What did unit 106 last sell for?

AED 1,300,000 on 30 September 2024: AED 868 per sqft for 1,497 sqft. The unit has 5 registered sales; the first was AED 2,003,800 in April 2009.

What is the rent for unit 106?

AED 93,439 a year on the contract signed on 1 October 2024. The previous contract, from July 2023, was AED 85,000; the unit has been rented since August 2014.

How big is unit 106?

1,497 sqft (139.1 sqm): a three-bedroom apartment on the 1st floor of a 6-storey tower completed in 2011.

What is unit 106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 106? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 106, Al Ramth 53

Starts from the last sale price (AED 1.3M, 30 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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