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1-bed · 1,160 sqftAl Ramth 01, Remraam · 3rd floor · completed 2011

307, Al Ramth 01

Sold prices and rental history: sold twice, last in September 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 26 September 2016
Last soldAED 725K26 September 2016
Current rentAED 66K /yr15 March 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 307, Al Ramth 01

What is 307 worth today?

Last sold for AED 725,000 in 2016

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26 Sep 2016SoldReady
AED 725,000AED 625 per sqft
15 Mar 2016RentedNew contract
AED 66,000/yr12 months · AED 57 per sqft
9 Feb 2016Sold by developerReady
AED 960,300AED 828 per sqft
1 Aug 2013RentedNew contract
AED 36,000/yr12 months · AED 31 per sqft

Source: Dubai Land Department. Updated 26 September 2016.

Key facts

Type
1-bed apartment
Size
1,160 sqft
Floor
3rd of 5
Parking
G-107
Developer
Remraam
Completed
2011
Service charge
AED 17,800 /yr
Last sold
AED 725K · September 2016
Building
Al Ramth 01

About 307, Al Ramth 01

307 is a one-bedroom apartment of 1,160 sqft on the 3rd floor of Al Ramth 01, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 26 September 2016 for AED 725,000, or AED 625 per sqft, 23% below the AED 809 one-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 15 March 2016, is AED 66,000 a year: a gross yield of 9.1% on the 2016 price, before the service charge of about AED 17,800 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical one-bed in Al Ramth 01
800K1M201320152017Typical sale price by year: 2013 AED 786,380; 2014 AED 681,000; 2015 AED 686,000; 2016 AED 786,805Sold by developer, February 2016: AED 960,300 (AED 828 per sqft)Sold, September 2016: AED 725,000 (AED 625 per sqft)

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

Rents
Unit 307, each contractTypical one-bed in Al Ramth 01
40K60K2013201720212025Typical rent by year: 2014 AED 55,000; 2015 AED 55,000; 2016 AED 60,500; 2017 AED 53,500; 2018 AED 45,000; 2019 AED 40,000; 2020 AED 36,500; 2021 AED 31,500; 2022 AED 32,500; 2023 AED 40,000; 2024 AED 47,150; 2025 AED 50,000; 2026 AED 54,164New contract, August 2013: AED 36,000 a yearNew contract, March 2016: AED 66,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Al Ramth 01, and where 307 sits

All 21 1-beds →

307 last sold in September 2016 at AED 625 per sqft, 23% below what one-beds in Al Ramth 01 were fetching at the time (AED 809). Over the last 12 months one-beds sold for AED 750,000 to 900,000, around AED 883 per sqft, and rent for AED 46,200 to 75,000 a year. 307's AED 66,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Apr 2026750,000
9 Apr 2026900,000
4 Jul 2024568,000
1 Jul 2024665,000
2 1-bed sales in the last 12 months

Al Ramth 01

Building

45 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.

Typical price per sqft
AED 883
Typical sale
AED 825K
Typical rent
AED 61K /yr
Typical yield
8.7%
Al Ramth 01, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 45 units in Al Ramth 01
Value
3011-bedAED 656K · Dec 2014
3021-bedAED 670K · Jan 2017
3031-bedAED 900K · Apr 2026
3042-bedAED 780K · Mar 2018
3052-bedAED 665K · May 2023
3081-bedAED 679K · Nov 2014
309StudioAED 430K · Aug 2024

307, Al Ramth 01 in numbers

  • Sold twice: first on 9 February 2016 for AED 960,300, last on 26 September 2016 for AED 725,000 (AED 625 per sqft).
  • Rented since August 2013 on 2 Ejari contracts, from AED 36,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2016 price is 9.1%, before a service charge of about AED 17,800 a year (AED 15.34 per sqft).
  • One-beds in Al Ramth 01 sold for AED 750,000–900,000 in the 12 months to November 2026; the building's median across all types is AED 883 per sqft.

Source: Dubai Land Department. Updated 26 September 2016.

Questions about 307, Al Ramth 01

What did unit 307 last sell for?

AED 725,000 on 26 September 2016: AED 625 per sqft for 1,160 sqft. The unit has 2 registered sales; the first was AED 960,300 in February 2016.

What is the rent for unit 307?

AED 66,000 a year on the contract signed on 15 March 2016. The previous contract, from August 2013, was AED 36,000.

How big is unit 307?

1,160 sqft (107.8 sqm): a one-bedroom apartment on the 3rd floor of a 5-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. One-beds in Al Ramth 01 sold for AED 750,000 to 900,000 in the last 12 months, around AED 883 per sqft.

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Mortgage on 307, Al Ramth 01

Starts from the last sale price (AED 725K, 26 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 725,000
Deposit, UAE resident (20%)
AED 145,000
Deposit, non-resident (40%)
AED 290,000
Monthly over 25 years at 3.7%
AED 2,966

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