2-bed · 1,005 sqftAl Ramth 59, Remraam · 3rd floor · completed 2011

304, Al Ramth 59

Sold prices and rental history: sold 6 times, last in November 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 18 December 2024
Last soldAED 980K4 November 2024
Current rentAED 65K /yr18 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Al Ramth 59

What is 304 worth today?

Last sold for AED 980,216 in 2024

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18 Dec 2024RentedRenewal
AED 65,394/yr7 months · AED 65 per sqft
4 Nov 2024SoldReady
AED 980,216AED 974 per sqft
2 Jul 2024SoldReady
AED 498,000AED 495 per sqft
19 Dec 2023RentedRenewal
AED 60,067/yr12 months · AED 60 per sqft
19 Dec 2022RentedNew contract
AED 57,000/yr12 months · AED 57 per sqft
24 Nov 2021RentedNew contract
AED 49,987/yr12 months · AED 50 per sqft
29 Apr 2019RentedRenewal
AED 75,000/yr14 months · AED 75 per sqft
20 Sep 2015SoldReady
AED 784,180AED 780 per sqft

Source: Dubai Land Department. Updated 18 December 2024.

Key facts

Type
2-bed apartment
Size
1,005 sqft
Floor
3rd of 6
Parking
G-51
Developer
Remraam
Completed
2011
Service charge
AED 15,400 /yr
Last sold
AED 980K · November 2024
Building
Al Ramth 59

About 304, Al Ramth 59

304 is a two-bedroom apartment of 1,005 sqft on the 3rd floor of Al Ramth 59, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 4 November 2024 for AED 980,216, or AED 974 per sqft, 97% above the AED 495 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 18 December 2024, is AED 65,394 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 15,400 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Al Ramth 59
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,475,979; 2013 AED 1,132,725; 2014 AED 1,132,725; 2015 AED 826,286; 2024 AED 693,296; 2025 AED 1,423,319Sold by developer, April 2009: AED 1,338,379 (AED 1,331 per sqft)Sold, May 2013: AED 1,008,450 (AED 1,003 per sqft)Sold, August 2014: AED 1,008,450 (AED 1,003 per sqft)Sold, September 2015: AED 784,180 (AED 780 per sqft)Sold, July 2024: AED 498,000 (AED 495 per sqft)Sold, November 2024: AED 980,216 (AED 974 per sqft)

304 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 304, each contractTypical two-bed in Al Ramth 59
40K60K80K2013201720212025Typical rent by year: 2013 AED 39,119; 2017 AED 73,846; 2018 AED 71,000; 2019 AED 75,000; 2020 AED 74,726; 2021 AED 54,000; 2022 AED 56,100; 2023 AED 58,964; 2024 AED 64,106; 2025 AED 76,000New contract, March 2013: AED 50,000 a yearNew contract, July 2013: AED 35,456 a yearRenewal, April 2019: AED 75,000 a yearNew contract, November 2021: AED 49,987 a yearNew contract, December 2022: AED 57,000 a yearRenewal, December 2023: AED 60,067 a yearRenewal, December 2024: AED 65,394 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 59, and where 304 sits

All 22 2-beds →

304 last sold in November 2024 at AED 974 per sqft, 97% above what two-beds in Al Ramth 59 were fetching at the time (AED 495). Over the last 12 months two-beds sold for AED 1,385,863 to 1,478,363, around AED 924 per sqft, and rent for AED 60,500 to 82,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Jan 20261,423,319
12 Jan 20261,385,863
25 Dec 20251,478,363
19 May 20251,423,319
3 2-bed sales in the last 12 months

Al Ramth 59

Building

57 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 7 sold in the last 12 months.

Typical price per sqft
AED 924
Typical sale
AED 1.48M
Typical rent
AED 56K /yr
Typical yield
8.8%
Al Ramth 59, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 57 units in Al Ramth 59
Value
3011-bedAED 689K · Sep 2024
3022-bedAED 1.12M · Sep 2024
3032-bedAED 1.13M · Nov 2024
3052-bedAED 980K · Sep 2024
3062-bedAED 1.13M · Oct 2024
3072-bedAED 1.12M · Aug 2024
3081-bedAED 665K · Sep 2024
1–7 of 8

304, Al Ramth 59 in numbers

  • Sold 6 times: first on 7 April 2009 for AED 1,338,379, last on 4 November 2024 for AED 980,216 (AED 974 per sqft).
  • Rented since March 2013 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 35,456 in 2013 and recovered to AED 65,394 by December 2024.
  • At AED 65,394 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 15,400 a year (AED 15.34 per sqft).
  • Two-beds in Al Ramth 59 sold for AED 1,385,863–1,478,363 in the 12 months to November 2026; the building's median across all types is AED 924 per sqft.

Source: Dubai Land Department. Updated 18 December 2024.

Questions about 304, Al Ramth 59

What did unit 304 last sell for?

AED 980,216 on 4 November 2024: AED 974 per sqft for 1,005 sqft. The unit has 6 registered sales; the first was AED 1,338,379 in April 2009.

What is the rent for unit 304?

AED 65,394 a year on the contract renewed on 18 December 2024. The previous contract, from December 2023, was AED 60,067; the unit has been rented since March 2013.

How big is unit 304?

1,005 sqft (93.4 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2011.

What is unit 304 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 59 sold for AED 1,385,863 to 1,478,363 in the last 12 months, around AED 924 per sqft.

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Mortgage on 304, Al Ramth 59

Starts from the last sale price (AED 980K, 4 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 980,216
Deposit, UAE resident (20%)
AED 196,043
Deposit, non-resident (40%)
AED 392,086
Monthly over 25 years at 3.7%
AED 4,010

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