G01, 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 G01, Al Ramth 21
What is G01 worth today?
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Source: Dubai Land Department. Updated 27 February 2019.
Key facts
- Type
- 3-bed apartment
- Size
- 2,206 sqft
- Floor
- Ground of 6
- Parking
- G-4,G-5
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 33,800 /yr
- Last sold
- AED 1.67M · May 2015
- Building
- Al Ramth 21
About G01, Al Ramth 21
G01 is a three-bedroom apartment of 2,206 sqft on the ground floor of Al Ramth 21, a 6-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 14 May 2015 for AED 1,671,000, or AED 757 per sqft, 22% below the AED 975 three-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 27 February 2019, is AED 55,000 a year: a gross yield of 3.3% on the 2015 price, before the service charge of about AED 33,800 a year.
Sales and rents for G01 over time
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Al Ramth 21, and where G01 sits
All 6 3-beds →G01 last sold in May 2015 at AED 757 per sqft, 22% below what three-beds in Al Ramth 21 were fetching at the time (AED 975). G01's AED 55,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Oct 202210 October 2022 | 1,500 sqft | 477,500 | 318 | ||
| 4 Jan 20164 January 2016 | 2,206 sqft | 1,671,000 | 757 | ||
| 4 Mar 20154 March 2015 | 1,500 sqft | 1,463,000 | 975 | ||
| 25 Dec 201425 December 2014 | 1,500 sqft | 1,463,000 | 975 |
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
- 7.6%
Other units on the ground floor
All 52 units in Al Ramth 21G01, Al Ramth 21 in numbers
- Sold once: by Remraam on 14 May 2015 for AED 1,671,000, or AED 757 per sqft.
- Rented since July 2015 on 4 Ejari contracts, from AED 70,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2015 price is 3.3%, before a service charge of about AED 33,800 a year (AED 15.34 per sqft).
Source: Dubai Land Department. Updated 27 February 2019.
Questions about G01, Al Ramth 21
What did unit G01 last sell for?
AED 1,671,000 on 14 May 2015, sold by the developer: AED 757 per sqft for 2,206 sqft. It is the only registered sale of the unit.
What is the rent for unit G01?
AED 55,000 a year on the contract renewed on 27 February 2019. The previous contract, from February 2018, was AED 55,000; the unit has been rented since July 2015.
How big is unit G01?
2,206 sqft (204.9 sqm): a three-bedroom apartment on the ground floor of a 6-storey tower completed in 2011.
What is unit G01 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 G01, Al Ramth 21
Starts from the last sale price (AED 1.67M, 14 May 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,671,000
- Deposit, UAE resident (20%)
- AED 334,200
- Deposit, non-resident (40%)
- AED 668,400
- Monthly over 25 years at 3.7%
- AED 6,837
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →