G02, Al Ramth 53
Sold prices and rental history: sold 3 times, last in October 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G02, Al Ramth 53
What is G02 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 20 September 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,601 sqft
- Floor
- Ground of 6
- Parking
- G-3
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 24,600 /yr
- Last sold
- AED 1.16M · October 2013
- Building
- Al Ramth 53
About G02, Al Ramth 53
G02 is a two-bedroom apartment of 1,601 sqft on the ground floor of Al Ramth 53, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 27 October 2013 for AED 1,156,800, or AED 722 per sqft, 27% below the AED 987 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 20 September 2020, is AED 50,000 a year: a gross yield of 4.3% on the 2013 price, before the service charge of about AED 24,600 a year.
Sales and rents for G02 over time
G02 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 G02 sits
All 21 2-beds →G02 last sold in October 2013 at AED 722 per sqft, 27% below what two-beds in Al Ramth 53 were fetching at the time (AED 987).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 May 202519 May 2025 | 1,601 sqft | 965,000 | 602 | ||
| 18 Mar 202518 March 2025 | 1,149 sqft | 1,100,000 | 957 | ||
| 14 Dec 202414 December 2024 | 1,113 sqft | 830,000 | 746 | ||
| 19 Aug 202419 August 2024 | 1,149 sqft | 960,000 | 835 |
Al Ramth 53
Building57 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
Other units on the ground floor
All 57 units in Al Ramth 53G02, Al Ramth 53 in numbers
- Sold 3 times: first on 8 April 2009 for AED 1,554,452, last on 27 October 2013 for AED 1,156,800 (AED 722 per sqft).
- Rented since September 2014 on 5 Ejari contracts, from AED 100,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2013 price is 4.3%, before a service charge of about AED 24,600 a year (AED 15.34 per sqft).
Source: Dubai Land Department. Updated 20 September 2020.
Questions about G02, Al Ramth 53
What did unit G02 last sell for?
AED 1,156,800 on 27 October 2013: AED 722 per sqft for 1,601 sqft. The unit has 3 registered sales; the first was AED 1,554,452 in April 2009.
What is the rent for unit G02?
AED 50,000 a year on the contract signed on 20 September 2020. The previous contract, from July 2019, was AED 65,000; the unit has been rented since September 2014.
How big is unit G02?
1,601 sqft (148.7 sqm): a two-bedroom apartment on the ground floor of a 6-storey tower completed in 2011.
What is unit G02 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling G02? 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.
Mortgage on G02, Al Ramth 53
Starts from the last sale price (AED 1.16M, 27 October 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,156,800
- Deposit, UAE resident (20%)
- AED 231,360
- Deposit, non-resident (40%)
- AED 462,720
- Monthly over 25 years at 3.7%
- AED 4,733
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →