G03, Al Ramth 55
Sold prices and rental history: sold 3 times, last in August 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G03, Al Ramth 55
What is G03 worth today?
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Source: Dubai Land Department. Updated 11 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,601 sqft
- Floor
- Ground of 5
- Parking
- G-36
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 24,600 /yr
- Last sold
- AED 1.03M · August 2014
- Building
- Al Ramth 55
About G03, Al Ramth 55
G03 is a two-bedroom apartment of 1,601 sqft on the ground floor of Al Ramth 55, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 25 August 2014 for AED 1,033,008, or AED 645 per sqft, 35% below the AED 987 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 11 July 2024, is AED 58,500 a year: a gross yield of 5.7% on the 2014 price, before the service charge of about AED 24,600 a year.
Sales and rents for G03 over time
G03 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 55, and where G03 sits
All 16 2-beds →G03 last sold in August 2014 at AED 645 per sqft, 35% below what two-beds in Al Ramth 55 were fetching at the time (AED 987). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 1,009 sqft | 1,060,000 | 1,050 | ||
| 11 Apr 202511 April 2025 | 1,501 sqft | 1,150,000 | 766 | ||
| 28 Nov 202428 November 2024 | 1,501 sqft | 1,150,000 | 766 | ||
| 23 Nov 202323 November 2023 | 1,009 sqft | 775,000 | 768 |
Al Ramth 55
Building48 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%
Other units on the ground floor
All 48 units in Al Ramth 55G03, Al Ramth 55 in numbers
- Sold 3 times: first on 8 April 2009 for AED 1,554,452, last on 25 August 2014 for AED 1,033,008 (AED 645 per sqft).
- Rented since February 2016 on 7 Ejari contracts, from AED 75,000 to AED 58,500 a year.
- At AED 58,500 a year the gross yield on the 2014 price is 5.7%, before a service charge of about AED 24,600 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 11 July 2024.
Questions about G03, Al Ramth 55
What did unit G03 last sell for?
AED 1,033,008 on 25 August 2014: AED 645 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 G03?
AED 58,500 a year on the contract renewed on 11 July 2024. The previous contract, from July 2023, was AED 55,000; the unit has been rented since February 2016.
How big is unit G03?
1,601 sqft (148.7 sqm): a two-bedroom apartment on the ground floor of a 5-storey tower completed in 2011.
What is unit G03 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 G03, Al Ramth 55
Starts from the last sale price (AED 1.03M, 25 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,033,008
- Deposit, UAE resident (20%)
- AED 206,602
- Deposit, non-resident (40%)
- AED 413,203
- Monthly over 25 years at 3.7%
- AED 4,226
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →