1-bed · 580 sqftAl Ramth 05, Remraam · Ground floor · completed 2021

G03, Al Ramth 05

Sold prices and rental history: sold 3 times, last in March 2024, and rented once, from March 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G03 · DLD and Ejari recordsUpdated 11 March 2024
Last soldAED 575K11 March 2024
Current rentAED 39K /yr7 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G03, Al Ramth 05

What is G03 worth today?

Last sold for AED 575,000 in 2024

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11 Mar 2024SoldReady
AED 575,000AED 991 per sqft
11 Mar 2024SoldReady
AED 575,000AED 991 per sqft
7 Mar 2023RentedNew contract
AED 39,000/yr12 months · AED 67 per sqft
14 Nov 2019Sold by developerOff-plan
AED 510,000AED 879 per sqft

Source: Dubai Land Department. Updated 11 March 2024.

Key facts

Type
1-bed apartment
Size
580 sqft
Floor
Ground of 5
Parking
A05-G-16
Developer
Remraam
Completed
2021
Service charge
AED 8,600 /yr
Last sold
AED 575K · March 2024
Building
Al Ramth 05

About G03, Al Ramth 05

G03 is a one-bedroom apartment of 580 sqft on the ground floor of Al Ramth 05, a 5-storey tower in Remraam completed in 2021 by Remraam. It last sold on 11 March 2024 for AED 575,000, or AED 991 per sqft, in line with the AED 991 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 March 2023. The current contract, signed on 7 March 2023, is AED 39,000 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 8,600 a year.

Sales and rents for G03 over time

Sales
Unit G03, each saleTypical one-bed in Al Ramth 05
600K800K2018202120242027Typical sale price by year: 2018 AED 570,000; 2019 AED 572,000; 2020 AED 602,000; 2022 AED 828,000; 2023 AED 557,500; 2024 AED 575,000; 2025 AED 590,000; 2026 AED 737,500Sold by developer, November 2019: AED 510,000 (AED 879 per sqft)Sold, March 2024: AED 575,000 (AED 991 per sqft)Sold, March 2024: AED 575,000 (AED 991 per sqft)

G03 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit G03, each contractTypical one-bed in Al Ramth 05
40K50K202220242026Typical rent by year: 2022 AED 36,000; 2023 AED 40,850; 2024 AED 48,400; 2025 AED 52,900; 2026 AED 55,000New contract, March 2023: AED 39,000 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 05, and where G03 sits

All 48 1-beds →

G03 last sold in March 2024 at AED 991 per sqft, in line with what one-beds in Al Ramth 05 were fetching at the time (AED 991). Over the last 12 months one-beds sold for AED 516,000 to 800,000, around AED 1,201 per sqft, and rent for AED 45,000 to 65,000 a year. G03's AED 39,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 2026725,000
5 Jun 2026550,000
9 Apr 2026750,000
4 Mar 2026800,000
6 1-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 ground floor

All 70 units in Al Ramth 05
Value
G012-bedAED 1.02M · Mar 2022
G021-bedAED 605K · Aug 2018
G041-bedAED 638K · Sep 2019
G051-bedAED 638K · Sep 2019
G061-bedAED 510K · Jan 2020
G071-bedAED 624K · Sep 2023
G082-bedAED 1.05M · Apr 2022

G03, Al Ramth 05 in numbers

  • Sold 3 times: first on 14 November 2019 for AED 510,000, last on 11 March 2024 for AED 575,000 (AED 991 per sqft).
  • Rented since March 2023 on one Ejari contract, at AED 39,000 a year.
  • At AED 39,000 a year the gross yield on the 2024 price is 6.8%, before a service charge of about AED 8,600 a year (AED 14.83 per sqft).
  • One-beds in Al Ramth 05 sold for AED 516,000–800,000 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 11 March 2024.

Questions about G03, Al Ramth 05

What did unit G03 last sell for?

AED 575,000 on 11 March 2024: AED 991 per sqft for 580 sqft. The unit has 3 registered sales; the first was AED 510,000 in November 2019.

What is the rent for unit G03?

AED 39,000 a year on the contract signed on 7 March 2023.

How big is unit G03?

580 sqft (53.9 sqm): a one-bedroom apartment on the ground floor of a 5-storey tower completed in 2021.

What is unit G03 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 05 sold for AED 516,000 to 800,000 in the last 12 months, around AED 1,201 per sqft.

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Mortgage on G03, Al Ramth 05

Starts from the last sale price (AED 575K, 11 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 575,000
Deposit, UAE resident (20%)
AED 115,000
Deposit, non-resident (40%)
AED 230,000
Monthly over 25 years at 3.7%
AED 2,353

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