G03, Al Ramth 23
Sold prices and rental history: sold once, by the developer in January 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G03, Al Ramth 23
What is G03 worth today?
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Source: Dubai Land Department. Updated 18 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,598 sqft
- Floor
- Ground of 5
- Parking
- G-36
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 24,500 /yr
- Last sold
- AED 1.18M · January 2016
- Building
- Al Ramth 23
About G03, Al Ramth 23
G03 is a two-bedroom apartment of 1,598 sqft on the ground floor of Al Ramth 23, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 4 January 2016 for AED 1,175,000, or AED 735 per sqft, 13% below the AED 843 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 18 April 2024, is AED 86,000 a year: a gross yield of 7.3% on the 2016 price, before the service charge of about AED 24,500 a year.
Sales and rents for G03 over time
G03 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 23, and where G03 sits
All 15 2-beds →G03 last sold in January 2016 at AED 735 per sqft, 13% below what two-beds in Al Ramth 23 were fetching at the time (AED 843). 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. G03's AED 86,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Jan 20262 January 2026 | 1,109 sqft | 1,140,000 | 1,027 | ||
| 26 Dec 202526 December 2025 | 1,006 sqft | 950,000 | 944 | ||
| 21 Aug 202521 August 2025 | 1,006 sqft | 890,000 | 885 | ||
| 18 Jun 202518 June 2025 | 1,006 sqft | 875,000 | 870 |
Al Ramth 23
Building45 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%
Other units on the ground floor
All 45 units in Al Ramth 23G03, Al Ramth 23 in numbers
- Sold once: by Remraam on 4 January 2016 for AED 1,175,000, or AED 735 per sqft.
- Rented since February 2016 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 48,000 in 2022 and recovered to AED 86,000 by April 2024.
- At AED 86,000 a year the gross yield on the 2016 price is 7.3%, before a service charge of about AED 24,500 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 18 April 2024.
Questions about G03, Al Ramth 23
What did unit G03 last sell for?
AED 1,175,000 on 4 January 2016, sold by the developer: AED 735 per sqft for 1,598 sqft. It is the only registered sale of the unit.
What is the rent for unit G03?
AED 86,000 a year on the contract signed on 18 April 2024. The previous contract, from April 2023, was AED 50,400; the unit has been rented since February 2016.
How big is unit G03?
1,598 sqft (148.5 sqm): a two-bedroom apartment on the ground floor of a 5-storey tower completed in 2011.
What is unit G03 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 G03, Al Ramth 23
Starts from the last sale price (AED 1.18M, 4 January 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,175,000
- Deposit, UAE resident (20%)
- AED 235,000
- Deposit, non-resident (40%)
- AED 470,000
- Monthly over 25 years at 3.7%
- AED 4,807
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →