3-bed · 2,337 sqftAl Ramth 53, Remraam · 1st floor · completed 2011

107, Al Ramth 53

Sold prices and rental history: sold 3 times, last in June 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 20 February 2024
Last soldAED 1.52M17 June 2014
Current rentAED 90K /yr20 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Al Ramth 53

What is 107 worth today?

Last sold for AED 1,518,008 in 2014

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20 Feb 2024RentedNew contract
AED 90,000/yr12 months · AED 39 per sqft
15 Jun 2023RentedRenewal
AED 77,000/yr12 months · AED 33 per sqft
15 Jun 2022RentedNew contract
AED 77,000/yr12 months · AED 33 per sqft
18 Jul 2021RentedRenewal
AED 75,000/yr12 months · AED 32 per sqft
18 Jul 2020RentedRenewal
AED 75,000/yr12 months · AED 32 per sqft
18 Jul 2019RentedRenewal
AED 88,000/yr12 months · AED 38 per sqft
1 Apr 2017RentedNew contract
AED 105,000/yr12 months · AED 45 per sqft
1 Aug 2015RentedNew contract
AED 111,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 20 February 2024.

Key facts

Type
3-bed apartment
Size
2,337 sqft
Floor
1st of 6
Parking
G-18,G-19
Developer
Remraam
Completed
2011
Service charge
AED 35,900 /yr
Last sold
AED 1.52M · June 2014
Building
Al Ramth 53

About 107, Al Ramth 53

107 is a three-bedroom apartment of 2,337 sqft on the 1st floor of Al Ramth 53, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 17 June 2014 for AED 1,518,008, or AED 649 per sqft, in line with the AED 664 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 20 February 2024, is AED 90,000 a year: a gross yield of 5.9% on the 2014 price, before the service charge of about AED 35,900 a year.

Sales and rents for 107 over time

Sales
Unit 107, each saleTypical three-bed in Al Ramth 53
1.5M2M2009201120132015Typical sale price by year: 2009 AED 2,239,010; 2014 AED 1,467,864Sold by developer, April 2009: AED 2,264,380 (AED 968 per sqft)Sold, March 2014: AED 1,518,008 (AED 649 per sqft)Sold, June 2014: AED 1,518,008 (AED 649 per sqft)

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

Rents
Unit 107, each contractTypical three-bed in Al Ramth 53
80K100K120K2014201720202023Typical 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, July 2014: AED 115,000 a yearNew contract, August 2015: AED 111,000 a yearNew contract, April 2017: AED 105,000 a yearRenewal, July 2019: AED 88,000 a yearRenewal, July 2020: AED 75,000 a yearRenewal, July 2021: AED 75,000 a yearNew contract, June 2022: AED 77,000 a yearRenewal, June 2023: AED 77,000 a yearNew contract, February 2024: AED 90,000 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 107 sits

All 4 3-beds →

107 last sold in June 2014 at AED 649 per sqft, in line with what three-beds in Al Ramth 53 were fetching at the time (AED 664).

Recent 3-bed salesUnit no.Price (AED)Summary
27 May 20251,744,729
30 Sep 20241,300,000
3 Jul 20241,550,000
9 Aug 2022811,412
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
1063-bedAED 1.3M · Sep 2024
1081-bedAED 660K · Jan 2025

107, Al Ramth 53 in numbers

  • Sold 3 times: first on 8 April 2009 for AED 2,264,380, last on 17 June 2014 for AED 1,518,008 (AED 649 per sqft).
  • Rented since July 2014 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 75,000 in 2021 and recovered to AED 90,000 by February 2024.
  • At AED 90,000 a year the gross yield on the 2014 price is 5.9%, before a service charge of about AED 35,900 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 20 February 2024.

Questions about 107, Al Ramth 53

What did unit 107 last sell for?

AED 1,518,008 on 17 June 2014: AED 649 per sqft for 2,337 sqft. The unit has 3 registered sales; the first was AED 2,264,380 in April 2009.

What is the rent for unit 107?

AED 90,000 a year on the contract signed on 20 February 2024. The previous contract, from June 2023, was AED 77,000; the unit has been rented since July 2014.

How big is unit 107?

2,337 sqft (217.1 sqm): a three-bedroom apartment on the 1st floor of a 6-storey tower completed in 2011.

What is unit 107 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 107, Al Ramth 53

Starts from the last sale price (AED 1.52M, 17 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,518,008
Deposit, UAE resident (20%)
AED 303,602
Deposit, non-resident (40%)
AED 607,203
Monthly over 25 years at 3.7%
AED 6,211

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