G04, Al Ramth 01
Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G04, Al Ramth 01
What is G04 worth today?
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Source: Dubai Land Department. Updated 26 August 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,206 sqft
- Floor
- Ground of 5
- Parking
- G-6,G-7
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 33,800 /yr
- Last sold
- AED 1.55M · August 2024
- Building
- Al Ramth 01
About G04, Al Ramth 01
G04 is a three-bedroom apartment of 2,206 sqft on the ground floor of Al Ramth 01, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 26 August 2024 for AED 1,550,000, or AED 702 per sqft, 4% above the AED 676 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 25 January 2021, is AED 70,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 33,800 a year.
Sales and rents for G04 over time
G04 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Al Ramth 01, and where G04 sits
All 5 3-beds →G04 last sold in August 2024 at AED 702 per sqft, 4% above what three-beds in Al Ramth 01 were fetching at the time (AED 676).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Jul 20241 July 2024 | 1,499 sqft | 1,450,000 | 967 | ||
| 6 Mar 20246 March 2024 | 2,295 sqft | 1,490,000 | 649 | ||
| 1 Feb 20241 February 2024 | 2,206 sqft | 1,330,000 | 602 | ||
| 29 Aug 202129 August 2021 | 2,295 sqft | 915,000 | 398 |
Al Ramth 01
Building45 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%
Other units on the ground floor
All 45 units in Al Ramth 01G04, Al Ramth 01 in numbers
- Sold twice: first on 6 November 2014 for AED 1,671,000, last on 26 August 2024 for AED 1,550,000 (AED 702 per sqft).
- Rented since November 2013 on 5 Ejari contracts, from AED 110,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 33,800 a year (AED 15.34 per sqft).
Source: Dubai Land Department. Updated 26 August 2024.
Questions about G04, Al Ramth 01
What did unit G04 last sell for?
AED 1,550,000 on 26 August 2024: AED 702 per sqft for 2,206 sqft. The unit has 2 registered sales; the first was AED 1,671,000 in November 2014.
What is the rent for unit G04?
AED 70,000 a year on the contract signed on 25 January 2021. The previous contract, from January 2020, was AED 75,000; the unit has been rented since November 2013.
How big is unit G04?
2,206 sqft (204.9 sqm): a three-bedroom apartment on the ground floor of a 5-storey tower completed in 2011.
What is unit G04 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on G04, Al Ramth 01
Starts from the last sale price (AED 1.55M, 26 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →