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2-bed · 1,149 sqftAl Ramth 53, Remraam · 3rd floor · completed 2011

307, Al Ramth 53

Sold prices and rental history: sold once, by the developer in April 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 20 August 2024
Last soldAED 1.26M10 April 2016
Current rentAED 60K /yr20 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 307, Al Ramth 53

What is 307 worth today?

Last sold for AED 1,263,955 in 2016

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20 Aug 2024RentedNew contract
AED 60,000/yr12 months · AED 52 per sqft
20 Aug 2023RentedRenewal
AED 52,000/yr12 months · AED 46 per sqft
20 Aug 2022RentedNew contract
AED 52,000/yr12 months · AED 45 per sqft
16 Nov 2020RentedNew contract
AED 55,000/yr12 months · AED 48 per sqft
23 Jan 2018RentedNew contract
AED 80,000/yr12 months · AED 69 per sqft
10 Apr 2016Sold by developerReady
AED 1,263,955AED 1,099 per sqft
16 Oct 2015RentedNew contract
AED 80,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 20 August 2024.

Key facts

Type
2-bed apartment
Size
1,149 sqft
Floor
3rd of 6
Parking
G-119
Developer
Remraam
Completed
2011
Service charge
AED 17,600 /yr
Last sold
AED 1.26M · April 2016
Building
Al Ramth 53

About 307, Al Ramth 53

307 is a two-bedroom apartment of 1,149 sqft on the 3rd floor of Al Ramth 53, a 6-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 10 April 2016 for AED 1,263,955, or AED 1,099 per sqft, 25% above the AED 878 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 20 August 2024, is AED 60,000 a year: a gross yield of 4.8% on the 2016 price, before the service charge of about AED 17,600 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical two-bed in Al Ramth 53
1M20092013201720212025Typical sale price by year: 2009 AED 1,338,379; 2013 AED 1,020,900; 2014 AED 988,726; 2015 AED 987,187; 2016 AED 1,063,096; 2023 AED 746,512; 2024 AED 880,000Sold by developer, April 2016: AED 1,263,955 (AED 1,099 per sqft)

307 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 307, each contractTypical two-bed in Al Ramth 53
60K80K20142017202020232026Typical rent by year: 2014 AED 82,000; 2015 AED 80,000; 2016 AED 80,000; 2017 AED 83,000; 2018 AED 76,000; 2019 AED 62,000; 2020 AED 50,000; 2021 AED 55,000; 2022 AED 52,500; 2023 AED 55,000; 2024 AED 65,000; 2025 AED 85,000New contract, October 2015: AED 80,000 a yearNew contract, January 2018: AED 80,000 a yearNew contract, November 2020: AED 55,000 a yearNew contract, August 2022: AED 52,000 a yearRenewal, August 2023: AED 52,000 a yearNew contract, August 2024: 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 53, and where 307 sits

All 21 2-beds →

307 last sold in April 2016 at AED 1,099 per sqft, 25% above what two-beds in Al Ramth 53 were fetching at the time (AED 878).

Recent 2-bed salesUnit no.Price (AED)Summary
19 May 2025965,000
18 Mar 20251,100,000
14 Dec 2024830,000
19 Aug 2024960,000
0 2-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 3rd floor

All 57 units in Al Ramth 53
Value
3011-bedAED 692K · Dec 2014
3022-bedAED 1.1M · Mar 2025
3032-bedAED 620K · Mar 2023
3042-bedAED 800K · Aug 2019
3052-bedAED 760K · Nov 2023
3062-bedAED 960K · Aug 2024
309StudioAED 330K · Feb 2016
1–7 of 8

307, Al Ramth 53 in numbers

  • Sold once: by Remraam on 10 April 2016 for AED 1,263,955, or AED 1,099 per sqft.
  • Rented since October 2015 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 52,000 in 2023 and recovered to AED 60,000 by August 2024.
  • At AED 60,000 a year the gross yield on the 2016 price is 4.8%, before a service charge of about AED 17,600 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 20 August 2024.

Questions about 307, Al Ramth 53

What did unit 307 last sell for?

AED 1,263,955 on 10 April 2016, sold by the developer: AED 1,099 per sqft for 1,149 sqft. It is the only registered sale of the unit.

What is the rent for unit 307?

AED 60,000 a year on the contract signed on 20 August 2024. The previous contract, from August 2023, was AED 52,000; the unit has been rented since October 2015.

How big is unit 307?

1,149 sqft (106.7 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2011.

What is unit 307 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 307, Al Ramth 53

Starts from the last sale price (AED 1.26M, 10 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,263,955
Deposit, UAE resident (20%)
AED 252,791
Deposit, non-resident (40%)
AED 505,582
Monthly over 25 years at 3.7%
AED 5,171

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