2-bed · 1,009 sqftAl Ramth 55, Remraam · 3rd floor · completed 2011

305, Al Ramth 55

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

Unit 305 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 775K23 November 2023
Current rentAED 90K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Al Ramth 55

What is 305 worth today?

Last sold for AED 775,000 in 2023

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1 Sep 2024RentedNew contract
AED 90,000/yr12 months · AED 89 per sqft
23 Nov 2023SoldReady
AED 775,000AED 768 per sqft
18 Feb 2023RentedRenewal
AED 51,000/yr12 months · AED 51 per sqft
18 Feb 2022RentedNew contract
AED 48,000/yr12 months · AED 48 per sqft
5 May 2021RentedRenewal
AED 46,000/yr12 months · AED 46 per sqft
5 May 2020RentedNew contract
AED 46,000/yr12 months · AED 46 per sqft
1 Apr 2019RentedNew contract
AED 60,000/yr12 months · AED 59 per sqft
8 May 2018SoldReady
AED 1,100,000AED 1,090 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,009 sqft
Floor
3rd of 5
Parking
G-52
Developer
Remraam
Completed
2011
Service charge
AED 15,500 /yr
Last sold
AED 775K · November 2023
Building
Al Ramth 55

About 305, Al Ramth 55

305 is a two-bedroom apartment of 1,009 sqft on the 3rd floor of Al Ramth 55, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 23 November 2023 for AED 775,000, or AED 768 per sqft, 8% above the AED 709 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 1 September 2024, is AED 90,000 a year: a gross yield of 11.6% on the 2023 price, before the service charge of about AED 15,500 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical two-bed in Al Ramth 55
1M2009201320172021Typical sale price by year: 2009 AED 1,338,379; 2013 AED 1,138,565; 2014 AED 1,000,000; 2016 AED 1,060,000; 2022 AED 660,000; 2023 AED 750,000Sold by developer, April 2009: AED 1,338,379 (AED 1,326 per sqft)Sold, October 2013: AED 1,008,450 (AED 999 per sqft)Sold, May 2018: AED 1,100,000 (AED 1,090 per sqft)Sold, November 2023: AED 775,000 (AED 768 per sqft)

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

Rents
Unit 305, each contractTypical two-bed in Al Ramth 55
40K60K80K20142017202020232026Typical rent by year: 2014 AED 81,500; 2015 AED 78,000; 2016 AED 75,000; 2017 AED 75,000; 2018 AED 65,500; 2019 AED 62,000; 2020 AED 51,000; 2021 AED 46,000; 2022 AED 54,000; 2023 AED 53,000; 2024 AED 60,251; 2025 AED 73,500New contract, February 2016: AED 75,000 a yearRenewal, February 2017: AED 75,000 a yearNew contract, April 2019: AED 60,000 a yearNew contract, May 2020: AED 46,000 a yearRenewal, May 2021: AED 46,000 a yearNew contract, February 2022: AED 48,000 a yearRenewal, February 2023: AED 51,000 a yearNew contract, September 2024: AED 90,000 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 55, and where 305 sits

All 16 2-beds →

305 last sold in November 2023 at AED 768 per sqft, 8% above what two-beds in Al Ramth 55 were fetching at the time (AED 709). Over the last 12 months two-beds sold for AED 1,060,000, around AED 1,050 per sqft, and rent for AED 90,000 to 120,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jan 20261,060,000
11 Apr 20251,150,000
28 Nov 20241,150,000
14 Sep 2023750,000
1 2-bed sale in the last 12 months

Al Ramth 55

Building

48 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.

Typical price per sqft
AED 1,050
Typical sale
AED 1.06M
Typical rent
AED 73K /yr
Typical yield
7.9%
Al Ramth 55, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 48 units in Al Ramth 55
Value
3011-bedAED 686K · Feb 2014
3021-bedAED 974K · Feb 2014
3031-bedAED 800K · May 2025
3042-bedAED 1.01M · Feb 2014
3061-bedAED 847K · Aug 2014
3071-bedAED 847K · Aug 2014
3081-bedAED 686K · Feb 2014
1–7 of 8

305, Al Ramth 55 in numbers

  • Sold 4 times: first on 8 April 2009 for AED 1,338,379, last on 23 November 2023 for AED 775,000 (AED 768 per sqft).
  • Rented since February 2016 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 46,000 in 2021 and recovered to AED 90,000 by September 2024.
  • At AED 90,000 a year the gross yield on the 2023 price is 11.6%, before a service charge of about AED 15,500 a year (AED 15.34 per sqft).
  • Two-beds in Al Ramth 55 sold for AED 1,060,000–1,060,000 in the 12 months to November 2026; the building's median across all types is AED 1,050 per sqft.

Source: Dubai Land Department. Updated 1 September 2024.

Questions about 305, Al Ramth 55

What did unit 305 last sell for?

AED 775,000 on 23 November 2023: AED 768 per sqft for 1,009 sqft. The unit has 4 registered sales; the first was AED 1,338,379 in April 2009.

What is the rent for unit 305?

AED 90,000 a year on the contract signed on 1 September 2024. The previous contract, from February 2023, was AED 51,000; the unit has been rented since February 2016.

How big is unit 305?

1,009 sqft (93.7 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2011.

What is unit 305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Ramth 55 sold for AED 1,060,000 to 1,060,000 in the last 12 months, around AED 1,050 per sqft.

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Mortgage on 305, Al Ramth 55

Starts from the last sale price (AED 775K, 23 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 775,000
Deposit, UAE resident (20%)
AED 155,000
Deposit, non-resident (40%)
AED 310,000
Monthly over 25 years at 3.7%
AED 3,171

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