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1-bed · 307 sqftAl Ramth 03, Remraam · 3rd floor · completed 2011

308, Al Ramth 03

Sold prices and rental history: sold 3 times, last in February 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 280K17 February 2022
Current rentAED 42K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 308, Al Ramth 03

What is 308 worth today?

Last sold for AED 280,000 in 2022

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1 Oct 2024RentedRenewal
AED 42,000/yr12 months · AED 63 per sqft
1 Oct 2023RentedRenewal
AED 35,000/yr12 months · AED 53 per sqft
1 Oct 2022RentedNew contract
AED 30,000/yr12 months · AED 45 per sqft
17 Feb 2022SoldReady
AED 280,000AED 913 per sqft
8 Dec 2021SoldReady · flagged as an outlier
AED 28,792AED 43 per sqft
1 Oct 2021RentedNew contract
AED 28,000/yr12 months · AED 42 per sqft
1 Jun 2020RentedNew contract
AED 42,000/yr12 months · AED 63 per sqft
1 Jun 2019RentedRenewal
AED 45,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
1-bed apartment
Size
307 sqft
Floor
3rd of 5
Parking
G-55
Developer
Remraam
Completed
2011
Service charge
AED 4,700 /yr
Last sold
AED 280K · February 2022
Building
Al Ramth 03

About 308, Al Ramth 03

308 is a one-bedroom apartment of 307 sqft on the 3rd floor of Al Ramth 03, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 17 February 2022 for AED 280,000, or AED 913 per sqft, 44% above the AED 636 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 42,000 a year: a gross yield of 15.0% on the 2022 price, before the service charge of about AED 4,700 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in Al Ramth 03
500K2014201720202023Typical sale price by year: 2014 AED 781,585; 2016 AED 848,610; 2021 AED 325,000; 2022 AED 345,000Sold by developer, April 2014: AED 682,830 (AED 1,026 per sqft)Sold, February 2022: AED 280,000 (AED 913 per sqft)

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

Rents
Unit 308, each contractTypical one-bed in Al Ramth 03
40K60K2014201820222026Typical rent by year: 2014 AED 60,000; 2015 AED 55,500; 2016 AED 59,000; 2017 AED 56,000; 2018 AED 53,500; 2019 AED 45,000; 2020 AED 40,000; 2021 AED 32,000; 2022 AED 35,075; 2023 AED 43,250; 2024 AED 48,000; 2025 AED 54,000; 2026 AED 54,725New contract, March 2014: AED 60,000 a yearNew contract, June 2015: AED 53,000 a yearRenewal, June 2016: AED 53,000 a yearRenewal, June 2017: AED 53,000 a yearRenewal, June 2018: AED 52,000 a yearRenewal, June 2019: AED 45,000 a yearNew contract, June 2020: AED 42,000 a yearNew contract, October 2021: AED 28,000 a yearNew contract, October 2022: AED 30,000 a yearRenewal, October 2023: AED 35,000 a yearRenewal, October 2024: AED 42,000 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 03, and where 308 sits

All 21 1-beds →

308 last sold in February 2022 at AED 913 per sqft, 44% above what one-beds in Al Ramth 03 were fetching at the time (AED 636). 308's AED 42,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 May 2025695,000
4 Mar 2025610,000
25 Jul 2024620,000
1 May 2024610,000
0 1-bed sales in the last 12 months

Al Ramth 03

Building

44 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 1,133
Typical sale
AED 1.7M
Typical rent
AED 61K /yr
Typical yield
6.4%
Al Ramth 03, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 44 units in Al Ramth 03
Value
3011-bedAED 610K · Mar 2025
3021-bedAED 500K · Feb 2022
3031-bedAED 503K · Dec 2021
3042-bedAED 430K · Feb 2022
3052-bedAED 430K · Dec 2021
3061-bedAED 500K · Dec 2021
3071-bedAED 500K · Feb 2022
1–7 of 8

308, Al Ramth 03 in numbers

  • Sold 3 times: first on 22 April 2014 for AED 682,830, last on 17 February 2022 for AED 280,000 (AED 913 per sqft).
  • Rented since March 2014 on 11 Ejari contracts. The rent fell from AED 60,000 to AED 28,000 in 2021 and recovered to AED 42,000 by October 2024.
  • At AED 42,000 a year the gross yield on the 2022 price is 15.0%, before a service charge of about AED 4,700 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 1 October 2024.

Questions about 308, Al Ramth 03

What did unit 308 last sell for?

AED 280,000 on 17 February 2022: AED 913 per sqft for 307 sqft. The unit has 3 registered sales; the first was AED 682,830 in April 2014.

What is the rent for unit 308?

AED 42,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 35,000; the unit has been rented since March 2014.

How big is unit 308?

307 sqft (28.5 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2011.

What is unit 308 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 308, Al Ramth 03

Starts from the last sale price (AED 280K, 17 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 280,000
Deposit, UAE resident (20%)
AED 56,000
Deposit, non-resident (40%)
AED 112,000
Monthly over 25 years at 3.7%
AED 1,146

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