2-bed · 1,005 sqftAl Ramth 23, Remraam · 3rd floor · completed 2011

304, Al Ramth 23

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 9 October 2024
Last soldAED 865K9 October 2024
Current rentAED 52K /yr28 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Al Ramth 23

What is 304 worth today?

Last sold for AED 865,000 in 2024

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9 Oct 2024SoldReady
AED 865,000AED 860 per sqft
28 Sep 2024RentedNew contract
AED 51,750/yr12 months · AED 52 per sqft
28 Sep 2024RentedNew contract
AED 51,750/yr12 months · AED 52 per sqft
27 Sep 2023RentedRenewal
AED 45,000/yr12 months · AED 45 per sqft
27 Sep 2022RentedRenewal
AED 45,000/yr12 months · AED 45 per sqft
27 Sep 2021RentedNew contract
AED 43,000/yr12 months · AED 43 per sqft
1 Aug 2020RentedRenewal
AED 48,000/yr12 months · AED 48 per sqft
1 Aug 2019RentedNew contract
AED 58,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 9 October 2024.

Key facts

Type
2-bed apartment
Size
1,005 sqft
Floor
3rd of 5
Parking
G-51
Developer
Remraam
Completed
2011
Service charge
AED 15,400 /yr
Last sold
AED 865K · October 2024
Building
Al Ramth 23

About 304, Al Ramth 23

304 is a two-bedroom apartment of 1,005 sqft on the 3rd floor of Al Ramth 23, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 9 October 2024 for AED 865,000, or AED 860 per sqft.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 28 September 2024, is AED 51,750 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 15,400 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Al Ramth 23
1M1.2M2013201720212025Typical sale price by year: 2013 AED 985,248; 2014 AED 988,198; 2015 AED 1,152,400; 2016 AED 1,219,500; 2025 AED 875,000Sold by developer, December 2013: AED 991,148 (AED 985 per sqft)Sold, September 2014: AED 991,148 (AED 985 per sqft)Sold, October 2024: AED 865,000 (AED 860 per sqft)

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

Rents
Unit 304, each contractTypical two-bed in Al Ramth 23
40K60K80K2014201820222026Typical rent by year: 2014 AED 68,000; 2015 AED 74,000; 2016 AED 75,000; 2017 AED 73,500; 2018 AED 75,000; 2019 AED 60,000; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 48,000; 2023 AED 53,000; 2024 AED 61,500; 2025 AED 72,000; 2026 AED 78,000New contract, February 2015: AED 74,000 a yearNew contract, February 2016: AED 75,000 a yearRenewal, February 2017: AED 75,000 a yearRenewal, February 2018: AED 75,000 a yearNew contract, August 2019: AED 58,000 a yearRenewal, August 2020: AED 48,000 a yearNew contract, September 2021: AED 43,000 a yearRenewal, September 2022: AED 45,000 a yearRenewal, September 2023: AED 45,000 a yearNew contract, September 2024: AED 51,750 a yearNew contract, September 2024: AED 51,750 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 23, and where 304 sits

All 15 2-beds →

Over the last 12 months two-beds sold for AED 950,000 to 1,140,000, around AED 986 per sqft, and rent for AED 70,000 to 87,490 a year. 304's AED 51,750 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jan 20261,140,000
26 Dec 2025950,000
21 Aug 2025890,000
18 Jun 2025875,000
2 2-bed sales in the last 12 months

Al Ramth 23

Building

45 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.

Typical price per sqft
AED 973
Typical sale
AED 820K
Typical rent
AED 66K /yr
Typical yield
8.0%
Al Ramth 23, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 45 units in Al Ramth 23
Value
3011-bedAED 570K · Sep 2024
3021-bedAED 1.15M · Dec 2013
3031-bedAED 970K · Jan 2016
3052-bedAED 875K · Feb 2025
3081-bedAED 575K · May 2025
309StudioAED 435K · Feb 2025

304, Al Ramth 23 in numbers

  • Sold 3 times: first on 30 December 2013 for AED 991,148, last on 9 October 2024 for AED 865,000 (AED 860 per sqft).
  • Rented since February 2015 on 11 Ejari contracts. The rent fell from AED 74,000 to AED 43,000 in 2021 and recovered to AED 51,750 by September 2024.
  • At AED 51,750 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 15,400 a year (AED 15.34 per sqft).
  • Two-beds in Al Ramth 23 sold for AED 950,000–1,140,000 in the 12 months to November 2026; the building's median across all types is AED 973 per sqft.

Source: Dubai Land Department. Updated 9 October 2024.

Questions about 304, Al Ramth 23

What did unit 304 last sell for?

AED 865,000 on 9 October 2024: AED 860 per sqft for 1,005 sqft. The unit has 3 registered sales; the first was AED 991,148 in December 2013.

What is the rent for unit 304?

AED 51,750 a year on the contract signed on 28 September 2024. The previous contract, from September 2024, was AED 51,750; the unit has been rented since February 2015.

How big is unit 304?

1,005 sqft (93.4 sqm): a two-bedroom apartment on the 3rd floor of a 5-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. Two-beds in Al Ramth 23 sold for AED 950,000 to 1,140,000 in the last 12 months, around AED 986 per sqft.

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Mortgage on 304, Al Ramth 23

Starts from the last sale price (AED 865K, 9 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 865,000
Deposit, UAE resident (20%)
AED 173,000
Deposit, non-resident (40%)
AED 346,000
Monthly over 25 years at 3.7%
AED 3,539

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