1-bed · 582 sqftAl Ramth 07, Remraam · 2nd floor · completed 2021

212, Al Ramth 07

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

Unit 212 · DLD and Ejari recordsUpdated 23 February 2024
Last soldAED 677K23 February 2024
Current rentAED 40K /yr15 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Al Ramth 07

What is 212 worth today?

Last sold for AED 677,000 in 2024

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23 Feb 2024SoldReady
AED 677,000AED 1,163 per sqft
15 May 2023RentedNew contract
AED 40,000/yr12 months · AED 69 per sqft
19 Jan 2020SoldOff-plan
AED 656,000AED 1,127 per sqft
27 Mar 2018Sold by developerOff-plan
AED 684,000AED 1,174 per sqft

Source: Dubai Land Department. Updated 23 February 2024.

Key facts

Type
1-bed apartment
Size
582 sqft
Floor
2nd of 5
Parking
A07-G-97
Developer
Remraam
Completed
2021
Service charge
AED 9,300 /yr
Last sold
AED 677K · February 2024
Building
Al Ramth 07

About 212, Al Ramth 07

212 is a one-bedroom apartment of 582 sqft on the 2nd floor of Al Ramth 07, a 5-storey tower in Remraam completed in 2021 by Remraam. It last sold on 23 February 2024 for AED 677,000, or AED 1,163 per sqft, 11% above the AED 1,047 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 May 2023. The current contract, signed on 15 May 2023, is AED 40,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 9,300 a year.

Sales and rents for 212 over time

Sales
Unit 212, each saleTypical one-bed in Al Ramth 07
400K600K2018202120242027Typical sale price by year: 2018 AED 577,500; 2019 AED 646,000; 2020 AED 605,000; 2021 AED 590,500; 2022 AED 436,300; 2023 AED 530,000; 2024 AED 552,500; 2025 AED 633,500; 2026 AED 640,000Sold by developer, March 2018: AED 684,000 (AED 1,174 per sqft)Sold, January 2020: AED 656,000 (AED 1,127 per sqft)Sold, February 2024: AED 677,000 (AED 1,163 per sqft)

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

Rents
Unit 212, each contractTypical one-bed in Al Ramth 07
40K50K202220242026Typical rent by year: 2022 AED 37,000; 2023 AED 44,000; 2024 AED 50,000; 2025 AED 55,000; 2026 AED 55,000New contract, May 2023: AED 40,000 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 07, and where 212 sits

All 48 1-beds →

212 last sold in February 2024 at AED 1,163 per sqft, 11% above what one-beds in Al Ramth 07 were fetching at the time (AED 1,047). Over the last 12 months one-beds sold for AED 590,000 to 720,000, around AED 1,378 per sqft, and rent for AED 43,050 to 70,000 a year. 212's AED 40,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Oct 2026680,000
14 Oct 2026590,000
2 Apr 2026720,000
22 Jan 2026600,000
5 1-bed sales in the last 12 months

Al Ramth 07

Building

70 apartments, 1-bed to 2-bed over 5 floors in Remraam, completed in 2021 by Remraam. 10 sold in the last 12 months.

Typical price per sqft
AED 1,185 Up 13.7%
Typical sale
AED 860K
Typical rent
AED 57K /yr
Typical yield
8.4%
Al Ramth 07, Remraam: prices, sales and rents →

Other units on the 2nd floor

All 70 units in Al Ramth 07
Value
2011-bedAED 675K · Jul 2018
2021-bedAED 657K · Apr 2020
2032-bedAED 1.08M · Nov 2022
2042-bedAED 992K · Sep 2023
2051-bedAED 530K · Jun 2023
2081-bedAED 602K · Jan 2020
2092-bedAED 982K · May 2022
1–7 of 14

212, Al Ramth 07 in numbers

  • Sold 3 times: first on 27 March 2018 for AED 684,000, last on 23 February 2024 for AED 677,000 (AED 1,163 per sqft).
  • Rented since May 2023 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 9,300 a year (AED 16.02 per sqft).
  • One-beds in Al Ramth 07 sold for AED 590,000–720,000 in the 12 months to November 2026; the building's median across all types is AED 1,185 per sqft.

Source: Dubai Land Department. Updated 23 February 2024.

Questions about 212, Al Ramth 07

What did unit 212 last sell for?

AED 677,000 on 23 February 2024: AED 1,163 per sqft for 582 sqft. The unit has 3 registered sales; the first was AED 684,000 in March 2018.

What is the rent for unit 212?

AED 40,000 a year on the contract signed on 15 May 2023.

How big is unit 212?

582 sqft (54.1 sqm): a one-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2021.

What is unit 212 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 07 sold for AED 590,000 to 720,000 in the last 12 months, around AED 1,378 per sqft.

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Mortgage on 212, Al Ramth 07

Starts from the last sale price (AED 677K, 23 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 677,000
Deposit, UAE resident (20%)
AED 135,400
Deposit, non-resident (40%)
AED 270,800
Monthly over 25 years at 3.7%
AED 2,770

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