2-bed · 1,416 sqftAl Ramth 05, Remraam · 3rd floor · completed 2021

307, Al Ramth 05

Sold prices and rental history: sold once, by the developer in May 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 4 November 2023
Last soldAED 1.39M11 May 2022
Current rentAED 65K /yr4 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Al Ramth 05

What is 307 worth today?

Last sold for AED 1,392,000 in 2022

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4 Nov 2023RentedRenewal
AED 65,000/yr12 months · AED 46 per sqft
4 Nov 2022RentedNew contract
AED 65,000/yr12 months · AED 46 per sqft
11 May 2022Sold by developerReady
AED 1,392,000AED 982 per sqft

Source: Dubai Land Department. Updated 4 November 2023.

Key facts

Type
2-bed apartment
Size
1,416 sqft
Floor
3rd of 5
Parking
A05-G-32
Developer
Remraam
Completed
2021
Service charge
AED 21,000 /yr
Last sold
AED 1.39M · May 2022
Building
Al Ramth 05

About 307, Al Ramth 05

307 is a two-bedroom apartment of 1,416 sqft on the 3rd floor of Al Ramth 05, a 5-storey tower in Remraam completed in 2021 by Remraam. The developer sold it on 11 May 2022 for AED 1,392,000, or AED 982 per sqft, in line with the AED 1,003 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 4 November 2023, is AED 65,000 a year: a gross yield of 4.7% on the 2022 price, before the service charge of about AED 21,000 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical two-bed in Al Ramth 05
1.2M1.4M20192021202320252027Typical sale price by year: 2019 AED 1,122,000; 2022 AED 1,236,000; 2024 AED 1,250,000; 2025 AED 1,167,000; 2026 AED 1,260,000Sold by developer, May 2022: AED 1,392,000 (AED 982 per sqft)

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

Rents
Unit 307, each contractTypical two-bed in Al Ramth 05
80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 73,000; 2024 AED 75,000; 2025 AED 80,000; 2026 AED 92,000New contract, November 2022: AED 65,000 a yearRenewal, November 2023: AED 65,000 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 05, and where 307 sits

All 22 2-beds →

307 last sold in May 2022 at AED 982 per sqft, in line with what two-beds in Al Ramth 05 were fetching at the time (AED 1,003). Over the last 12 months two-beds sold for AED 1,000,000 to 1,500,000, around AED 1,049 per sqft, and rent for AED 72,765 to 96,000 a year. 307's AED 65,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Jul 20261,250,000
10 Jul 20261,000,000
25 Mar 20261,500,000
4 Feb 20261,270,000
5 2-bed sales in the last 12 months

Al Ramth 05

Building

70 apartments, 1-bed to 2-bed over 5 floors in Remraam, completed in 2021 by Remraam. 11 sold in the last 12 months.

Typical price per sqft
AED 1,081
Typical sale
AED 800K
Typical rent
AED 57K /yr
Typical yield
9.0%
Al Ramth 05, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 70 units in Al Ramth 05
Value
3011-bedAED 792K · Sep 2019
3022-bedAED 1.34M · Jul 2024
3032-bedAED 1.27M · Dec 2021
3062-bedAED 1.32M · Jan 2025
3081-bedAED 777K · May 2018
3091-bedAED 450K · May 2018
304A1-bedAED 501K · Feb 2018
1–7 of 10

307, Al Ramth 05 in numbers

  • Sold once: by Remraam on 11 May 2022 for AED 1,392,000, or AED 982 per sqft.
  • Rented since November 2022 on 2 Ejari contracts, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 price is 4.7%, before a service charge of about AED 21,000 a year (AED 14.83 per sqft).
  • Two-beds in Al Ramth 05 sold for AED 1,000,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,081 per sqft.

Source: Dubai Land Department. Updated 4 November 2023.

Questions about 307, Al Ramth 05

What did unit 307 last sell for?

AED 1,392,000 on 11 May 2022, sold by the developer: AED 982 per sqft for 1,416 sqft. It is the only registered sale of the unit.

What is the rent for unit 307?

AED 65,000 a year on the contract renewed on 4 November 2023. The previous contract, from November 2022, was AED 65,000.

How big is unit 307?

1,416 sqft (131.6 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2021.

What is unit 307 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 05 sold for AED 1,000,000 to 1,500,000 in the last 12 months, around AED 1,049 per sqft.

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Mortgage on 307, Al Ramth 05

Starts from the last sale price (AED 1.39M, 11 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,392,000
Deposit, UAE resident (20%)
AED 278,400
Deposit, non-resident (40%)
AED 556,800
Monthly over 25 years at 3.7%
AED 5,695

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