304, Al Ramth 21
Sold prices and rental history: sold once, by the developer in May 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 304, Al Ramth 21
What is 304 worth today?
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Source: Dubai Land Department. Updated 1 June 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 1,005 sqft
- Floor
- 3rd of 6
- Parking
- G-110
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 15,400 /yr
- Last sold
- AED 991K · May 2015
- Building
- Al Ramth 21
About 304, Al Ramth 21
304 is a two-bedroom apartment of 1,005 sqft on the 3rd floor of Al Ramth 21, a 6-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 7 May 2015 for AED 991,000, or AED 985 per sqft, in line with the AED 963 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 1 June 2018, is AED 72,000 a year: a gross yield of 7.3% on the 2015 price, before the service charge of about AED 15,400 a year.
Sales and rents for 304 over time
304 has sold once; the dashed line is the two-bed median of each year in the building.
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 21, and where 304 sits
All 20 2-beds →304 last sold in May 2015 at AED 985 per sqft, in line with what two-beds in Al Ramth 21 were fetching at the time (AED 963). 304's AED 72,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Dec 202430 December 2024 | 1,005 sqft | 1,050,000 | 1,044 | ||
| 5 Aug 20245 August 2024 | 1,006 sqft | 825,000 | 820 | ||
| 8 Dec 20238 December 2023 | 1,005 sqft | 700,000 | 696 | ||
| 23 Jun 202323 June 2023 | 1,498 sqft | 780,000 | 520 |
Al Ramth 21
Building52 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.
- Typical price per sqft
- AED 946
- Typical sale
- AED 735K
- Typical rent
- AED 60K /yr
- Typical yield
- 7.4%
Other units on the 3rd floor
All 52 units in Al Ramth 21| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 665 sqft | AED 656KAED 656,000 · Oct 2014October 2014 | 60,000 /yr | |
| 302 | 2-bed | 1,149 sqft | AED 1.13MAED 1,133,000 · Jan 2016January 2016 | 81,000 /yr | |
| 303 | 2-bed | 1,161 sqft | AED 1.58MAED 1,575,200 · Feb 2014February 2014 | 80,850 /yr | |
| 305 | 2-bed | 1,005 sqft | AED 1.37MAED 1,369,500 · Feb 2014February 2014 | 66,000 /yr | |
| 306 | 2-bed | 1,161 sqft | AED 572KAED 572,000 · Nov 2014November 2014 | ||
| 308 | 1-bed | 689 sqft | AED 679KAED 679,000 · Oct 2014October 2014 | 54,000 /yr | |
| 309 | Studio | 468 sqft | AED 450KAED 450,000 · May 2017May 2017 | 35,280 /yr |
304, Al Ramth 21 in numbers
- Sold once: by Remraam on 7 May 2015 for AED 991,000, or AED 985 per sqft.
- Rented since June 2015 on 4 Ejari contracts, from AED 75,000 to AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2015 price is 7.3%, before a service charge of about AED 15,400 a year (AED 15.34 per sqft).
Source: Dubai Land Department. Updated 1 June 2018.
Questions about 304, Al Ramth 21
What did unit 304 last sell for?
AED 991,000 on 7 May 2015, sold by the developer: AED 985 per sqft for 1,005 sqft. It is the only registered sale of the unit.
What is the rent for unit 304?
AED 72,000 a year on the contract renewed on 1 June 2018. The previous contract, from June 2017, was AED 75,000; the unit has been rented since June 2015.
How big is unit 304?
1,005 sqft (93.4 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2011.
What is unit 304 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 304, Al Ramth 21
Starts from the last sale price (AED 991K, 7 May 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 991,000
- Deposit, UAE resident (20%)
- AED 198,200
- Deposit, non-resident (40%)
- AED 396,400
- Monthly over 25 years at 3.7%
- AED 4,054
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →