2-bed · 1,409 sqftAl Ramth 11, Remraam · 3rd floor · completed 2021

302, Al Ramth 11

Sold prices and rental history: sold 3 times, last in August 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 302 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 1.4M15 August 2024
Current rentAED 85K /yr31 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Al Ramth 11

What is 302 worth today?

Last sold for AED 1,400,000 in 2024

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15 Aug 2024SoldReady
AED 1,400,000AED 993 per sqft
15 Aug 2024SoldReady
AED 1,400,000AED 993 per sqft
31 May 2023RentedNew contract
AED 85,000/yr12 months · AED 61 per sqft
18 Aug 2022Sold by developerReady
AED 1,406,000AED 998 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
2-bed apartment
Size
1,409 sqft
Floor
3rd of 5
Parking
B11-G-112
Developer
Remraam
Completed
2021
Service charge
AED 20,900 /yr
Last sold
AED 1.4M · August 2024
Building
Al Ramth 11

About 302, Al Ramth 11

302 is a two-bedroom apartment of 1,409 sqft on the 3rd floor of Al Ramth 11, a 5-storey tower in Remraam completed in 2021 by Remraam. It last sold on 15 August 2024 for AED 1,400,000, or AED 993 per sqft, 8% below the AED 1,075 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 31 May 2023. The current contract, signed on 31 May 2023, is AED 85,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 20,900 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical two-bed in Al Ramth 11
1.2M1.4M20182020202220242026Typical sale price by year: 2018 AED 1,235,500; 2022 AED 1,230,500; 2024 AED 1,221,500; 2025 AED 1,115,000Sold by developer, August 2022: AED 1,406,000 (AED 998 per sqft)Sold, August 2024: AED 1,400,000 (AED 993 per sqft)Sold, August 2024: AED 1,400,000 (AED 993 per sqft)

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

Rents
Unit 302, each contractTypical two-bed in Al Ramth 11
80K100K202220242026Typical rent by year: 2022 AED 70,000; 2023 AED 70,000; 2024 AED 80,000; 2025 AED 95,000; 2026 AED 99,500New contract, May 2023: AED 85,000 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 11, and where 302 sits

All 22 2-beds →

302 last sold in August 2024 at AED 993 per sqft, 8% below what two-beds in Al Ramth 11 were fetching at the time (AED 1,075). Over the last 12 months two-beds sold for AED 1,360,000, around AED 960 per sqft, and rent for AED 80,000 to 120,000 a year. 302's AED 85,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 20261,360,000
30 Jul 20251,080,000
22 Jul 2025950,000
23 Jun 20251,150,000
1 2-bed sale in the last 12 months

Al Ramth 11

Building

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

Typical price per sqft
AED 1,098
Typical sale
AED 975K
Typical rent
AED 59K /yr
Typical yield
9.1%
Al Ramth 11, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 69 units in Al Ramth 11
Value
3011-bedAED 675K · Jun 2024
3032-bedAED 1.36M · Oct 2026
3062-bedAED 1.35M · Jun 2022
3072-bedAED 1.46M · Nov 2022
3081-bedAED 701K · Sep 2019
3091-bedAED 474K · May 2018
304A1-bedAED 522K · Jul 2018
1–7 of 10

302, Al Ramth 11 in numbers

  • Sold 3 times: first on 18 August 2022 for AED 1,406,000, last on 15 August 2024 for AED 1,400,000 (AED 993 per sqft).
  • Rented since May 2023 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 20,900 a year (AED 14.83 per sqft).
  • Two-beds in Al Ramth 11 sold for AED 1,360,000–1,360,000 in the 12 months to November 2026; the building's median across all types is AED 1,098 per sqft.

Source: Dubai Land Department. Updated 15 August 2024.

Questions about 302, Al Ramth 11

What did unit 302 last sell for?

AED 1,400,000 on 15 August 2024: AED 993 per sqft for 1,409 sqft. The unit has 3 registered sales; the first was AED 1,406,000 in August 2022.

What is the rent for unit 302?

AED 85,000 a year on the contract signed on 31 May 2023.

How big is unit 302?

1,409 sqft (130.9 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2021.

What is unit 302 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 11 sold for AED 1,360,000 to 1,360,000 in the last 12 months, around AED 960 per sqft.

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Mortgage on 302, Al Ramth 11

Starts from the last sale price (AED 1.4M, 15 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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