1-bed · 638 sqftAl Ramth 05, Remraam · Ground floor · completed 2021

G07, Al Ramth 05

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

Unit G07 · DLD and Ejari recordsUpdated 15 April 2024
Last soldAED 624K12 September 2023
Current rentAED 62K /yr15 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G07, Al Ramth 05

What is G07 worth today?

Last sold for AED 624,000 in 2023

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15 Apr 2024RentedNew contract
AED 62,000/yr12 months · AED 98 per sqft
12 Sep 2023SoldReady
AED 624,000AED 977 per sqft
1 Jul 2018Sold by developerOff-plan
AED 605,000AED 948 per sqft

Source: Dubai Land Department. Updated 15 April 2024.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
Ground of 5
Parking
A05-G-20
Developer
Remraam
Completed
2021
Service charge
AED 9,500 /yr
Last sold
AED 624K · September 2023
Building
Al Ramth 05

About G07, Al Ramth 05

G07 is a one-bedroom apartment of 638 sqft on the ground floor of Al Ramth 05, a 5-storey tower in Remraam completed in 2021 by Remraam. It last sold on 12 September 2023 for AED 624,000, or AED 977 per sqft, 9% below the AED 1,078 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 April 2024. The current contract, signed on 15 April 2024, is AED 62,000 a year: a gross yield of 9.9% on the 2023 price, before the service charge of about AED 9,500 a year.

Sales and rents for G07 over time

Sales
Unit G07, 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, July 2018: AED 605,000 (AED 948 per sqft)Sold, September 2023: AED 624,000 (AED 977 per sqft)

G07 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit G07, each contractTypical one-bed in Al Ramth 05
40K60K202220242026Typical rent by year: 2022 AED 36,000; 2023 AED 40,850; 2024 AED 48,400; 2025 AED 52,900; 2026 AED 55,000New contract, April 2024: AED 62,000 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 G07 sits

All 48 1-beds →

G07 last sold in September 2023 at AED 977 per sqft, 9% below what one-beds in Al Ramth 05 were fetching at the time (AED 1,078). 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. G07's AED 62,000 is in the upper half 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
G031-bedAED 575K · Mar 2024
G041-bedAED 638K · Sep 2019
G051-bedAED 638K · Sep 2019
G061-bedAED 510K · Jan 2020
G082-bedAED 1.05M · Apr 2022

G07, Al Ramth 05 in numbers

  • Sold twice: first on 1 July 2018 for AED 605,000, last on 12 September 2023 for AED 624,000 (AED 977 per sqft).
  • Rented since April 2024 on one Ejari contract, at AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2023 price is 9.9%, before a service charge of about AED 9,500 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 15 April 2024.

Questions about G07, Al Ramth 05

What did unit G07 last sell for?

AED 624,000 on 12 September 2023: AED 977 per sqft for 638 sqft. The unit has 2 registered sales; the first was AED 605,000 in July 2018.

What is the rent for unit G07?

AED 62,000 a year on the contract signed on 15 April 2024.

How big is unit G07?

638 sqft (59.3 sqm): a one-bedroom apartment on the ground floor of a 5-storey tower completed in 2021.

What is unit G07 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 G07, Al Ramth 05

Starts from the last sale price (AED 624K, 12 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 624,000
Deposit, UAE resident (20%)
AED 124,800
Deposit, non-resident (40%)
AED 249,600
Monthly over 25 years at 3.7%
AED 2,553

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