2-bed · 1,598 sqftAl Ramth 03, Remraam · Ground floor · completed 2011

G02, Al Ramth 03

Sold prices and rental history: sold once, by the developer in April 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G02 · DLD and Ejari recordsUpdated 19 April 2015
Last soldAED 588K19 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G02, Al Ramth 03

What is G02 worth today?

Last sold for AED 587,500 in 2015

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19 Apr 2015Sold by developerReady
AED 587,500AED 367 per sqft

Source: Dubai Land Department. Updated 19 April 2015.

Key facts

Type
2-bed apartment
Size
1,598 sqft
Floor
Ground of 5
Parking
G-37
Developer
Remraam
Completed
2011
Service charge
AED 24,500 /yr
Last sold
AED 588K · April 2015
Building
Al Ramth 03

About G02, Al Ramth 03

G02 is a two-bedroom apartment of 1,598 sqft on the ground floor of Al Ramth 03, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 19 April 2015 for AED 587,500, or AED 367 per sqft, 63% below the AED 995 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for G02 over time

Sales
Unit G02, each saleTypical two-bed in Al Ramth 03
500K1M2014201720202023Typical sale price by year: 2014 AED 1,014,675; 2015 AED 986,000; 2016 AED 1,002,225; 2021 AED 460,000; 2024 AED 950,000Sold by developer, April 2015: AED 587,500 (AED 367 per sqft)

G02 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit G02, each contractTypical two-bed in Al Ramth 03
60K80K2014201820222026Typical rent by year: 2014 AED 77,000; 2015 AED 80,000; 2016 AED 80,000; 2017 AED 77,500; 2018 AED 75,000; 2019 AED 64,500; 2020 AED 56,000; 2021 AED 49,000; 2022 AED 64,000; 2023 AED 66,600; 2024 AED 82,000; 2025 AED 78,000; 2026 AED 72,500

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 03, and where G02 sits

All 14 2-beds →

G02 last sold in April 2015 at AED 367 per sqft, 63% below what two-beds in Al Ramth 03 were fetching at the time (AED 995).

Recent 2-bed salesUnit no.Price (AED)Summary
16 Jul 20241,045,000
2 Jul 2024950,000
10 Jan 2024850,000
10 May 2023623,130
0 2-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 ground floor

All 44 units in Al Ramth 03
Value
G043-bedAED 1.1M · Apr 2023

G02, Al Ramth 03 in numbers

  • Sold once: by Remraam on 19 April 2015 for AED 587,500, or AED 367 per sqft.

Source: Dubai Land Department. Updated 19 April 2015.

Questions about G02, Al Ramth 03

What did unit G02 last sell for?

AED 587,500 on 19 April 2015, sold by the developer: AED 367 per sqft for 1,598 sqft. It is the only registered sale of the unit.

How big is unit G02?

1,598 sqft (148.5 sqm): a two-bedroom apartment on the ground floor of a 5-storey tower completed in 2011.

What is unit G02 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 G02, Al Ramth 03

Starts from the last sale price (AED 588K, 19 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 587,500
Deposit, UAE resident (20%)
AED 117,500
Deposit, non-resident (40%)
AED 235,000
Monthly over 25 years at 3.7%
AED 2,404

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