3-bed · 1,479 sqftAl Ramth 28, Remraam · 1st floor · completed 2011

103, Al Ramth 28

Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 31 January 2023
Last soldAED 1.03M31 January 2023
Current rentAED 69K /yr10 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Al Ramth 28

What is 103 worth today?

Last sold for AED 1,025,000 in 2023

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31 Jan 2023SoldReady
AED 1,025,000AED 693 per sqft
10 Jan 2022RentedRenewal
AED 69,300/yr12 months · AED 47 per sqft
10 Jan 2021RentedNew contract
AED 63,000/yr12 months · AED 43 per sqft
20 Sep 2019RentedRenewal
AED 90,000/yr12 months · AED 61 per sqft
20 Sep 2018RentedRenewal
AED 90,000/yr12 months · AED 61 per sqft
20 Sep 2017RentedNew contract
AED 110,000/yr12 months · AED 75 per sqft
3 Sep 2016RentedNew contract
AED 120,000/yr12 months · AED 81 per sqft
17 Jun 2014Sold by developerReady
AED 1,514,000AED 1,023 per sqft

Source: Dubai Land Department. Updated 31 January 2023.

Key facts

Type
3-bed apartment
Size
1,479 sqft
Floor
1st of 7
Parking
G-21,G-22
Developer
Remraam
Completed
2011
Service charge
AED 22,700 /yr
Last sold
AED 1.03M · January 2023
Building
Al Ramth 28

About 103, Al Ramth 28

103 is a three-bedroom apartment of 1,479 sqft on the 1st floor of Al Ramth 28, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 31 January 2023 for AED 1,025,000, or AED 693 per sqft.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 10 January 2022, is AED 69,300 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 22,700 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical three-bed in Al Ramth 28
1M1.25M1.5M2009201320172021Typical sale price by year: 2009 AED 1,052,336; 2014 AED 1,198,072Sold by developer, June 2014: AED 1,514,000 (AED 1,023 per sqft)Sold, January 2023: AED 1,025,000 (AED 693 per sqft)

103 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 103, each contractTypical three-bed in Al Ramth 28
100K2014201720202023Typical rent by year: 2014 AED 115,000; 2015 AED 115,000; 2016 AED 112,500; 2017 AED 110,000; 2018 AED 95,000; 2019 AED 90,000; 2020 AED 72,500; 2021 AED 68,000; 2022 AED 76,500; 2023 AED 87,000; 2024 AED 99,000New contract, September 2016: AED 120,000 a yearNew contract, September 2017: AED 110,000 a yearRenewal, September 2018: AED 90,000 a yearRenewal, September 2019: AED 90,000 a yearNew contract, January 2021: AED 63,000 a yearRenewal, January 2022: AED 69,300 a year

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 28, and where 103 sits

All 7 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
5 May 20251,500,000
26 Jun 20241,300,000
4 Jun 20241,520,000
10 Nov 20221,000,000
0 3-bed sales in the last 12 months

Al Ramth 28

Building

77 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 6 sold in the last 12 months.

Typical price per sqft
AED 968
Typical sale
AED 498K
Typical rent
AED 52K /yr
Typical yield
7.7%
Al Ramth 28, Remraam: prices, sales and rents →

Other units on the 1st floor

All 77 units in Al Ramth 28
Value
101StudioAED 303K · Feb 2020
1023-bedAED 1.52M · Jun 2024
1042-bedAED 1.02M · Dec 2014
1051-bedAED 677K · Jun 2014
1061-bedAED 690K · May 2014
1072-bedAED 493K · Feb 2015
1083-bedAED 1.3M · Jun 2024
1–7 of 9

103, Al Ramth 28 in numbers

  • Sold twice: first on 17 June 2014 for AED 1,514,000, last on 31 January 2023 for AED 1,025,000 (AED 693 per sqft).
  • Rented since September 2016 on 6 Ejari contracts, from AED 120,000 to AED 69,300 a year.
  • At AED 69,300 a year the gross yield on the 2023 price is 6.8%, before a service charge of about AED 22,700 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 31 January 2023.

Questions about 103, Al Ramth 28

What did unit 103 last sell for?

AED 1,025,000 on 31 January 2023: AED 693 per sqft for 1,479 sqft. The unit has 2 registered sales; the first was AED 1,514,000 in June 2014.

What is the rent for unit 103?

AED 69,300 a year on the contract renewed on 10 January 2022. The previous contract, from January 2021, was AED 63,000; the unit has been rented since September 2016.

How big is unit 103?

1,479 sqft (137.4 sqm): a three-bedroom apartment on the 1st floor of a 7-storey tower completed in 2011.

What is unit 103 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 103, Al Ramth 28

Starts from the last sale price (AED 1.03M, 31 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,025,000
Deposit, UAE resident (20%)
AED 205,000
Deposit, non-resident (40%)
AED 410,000
Monthly over 25 years at 3.7%
AED 4,194

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