G04, Al Ramth 23
Sold prices and rental history: sold 3 times, last in August 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G04, Al Ramth 23
What is G04 worth today?
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Source: Dubai Land Department. Updated 15 August 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,206 sqft
- Floor
- Ground of 5
- Parking
- G-32,G-33
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 33,800 /yr
- Last sold
- AED 575K · August 2023
- Building
- Al Ramth 23
About G04, Al Ramth 23
G04 is a three-bedroom apartment of 2,206 sqft on the ground floor of Al Ramth 23, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 15 August 2023 for AED 575,000, or AED 260 per sqft.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 15 August 2022, is AED 80,000 a year: a gross yield of 13.9% on the 2023 price, before the service charge of about AED 33,800 a year.
Sales and rents for G04 over time
G04 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 23, and where G04 sits
All 6 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Aug 20239 August 2023 | 2,206 sqft | 1,100,000 | 498 | ||
| 16 Feb 202216 February 2022 | 1,500 sqft | 644,526 | 429 | ||
| 3 Feb 20153 February 2015 | 1,500 sqft | 1,463,000 | 975 | ||
| 15 Jan 201515 January 2015 | 1,500 sqft | 731,500 | 487 |
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 23G04, Al Ramth 23 in numbers
- Sold 3 times: first on 2 January 2014 for AED 1,610,560, last on 15 August 2023 for AED 575,000 (AED 260 per sqft).
- Rented since February 2014 on 8 Ejari contracts. The rent fell from AED 105,000 to AED 67,000 in 2021 and recovered to AED 80,000 by August 2022.
- At AED 80,000 a year the gross yield on the 2023 price is 13.9%, before a service charge of about AED 33,800 a year (AED 15.34 per sqft).
Source: Dubai Land Department. Updated 15 August 2023.
Questions about G04, Al Ramth 23
What did unit G04 last sell for?
AED 575,000 on 15 August 2023: AED 260 per sqft for 2,206 sqft. The unit has 3 registered sales; the first was AED 1,610,560 in January 2014.
What is the rent for unit G04?
AED 80,000 a year on the contract signed on 15 August 2022. The previous contract, from March 2021, was AED 67,000; the unit has been rented since February 2014.
How big is unit G04?
2,206 sqft (204.9 sqm): a three-bedroom apartment on the ground floor of a 5-storey tower completed in 2011.
What is unit G04 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 G04, Al Ramth 23
Starts from the last sale price (AED 575K, 15 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 575,000
- Deposit, UAE resident (20%)
- AED 115,000
- Deposit, non-resident (40%)
- AED 230,000
- Monthly over 25 years at 3.7%
- AED 2,353
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →