3-bed · 2,180 sqftAl Ramth 28, Remraam · 1st floor · completed 2011

109, Al Ramth 28

Sold prices and rental history: sold twice, last in January 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 19 January 2017
Last soldAED 1.5M18 January 2016
Current rentAED 118K /yr19 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, Al Ramth 28

What is 109 worth today?

Last sold for AED 1,500,000 in 2016

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19 Jan 2017RentedNew contract
AED 118,000/yr12 months · AED 54 per sqft
18 Jan 2016SoldReady
AED 1,500,000AED 688 per sqft
15 Dec 2014RentedRenewal
AED 121,000/yr12 months · AED 55 per sqft
15 Dec 2013RentedNew contract
AED 110,000/yr12 months · AED 50 per sqft
6 Oct 2013Sold by developerReady
AED 2,079,984AED 954 per sqft

Source: Dubai Land Department. Updated 19 January 2017.

Key facts

Type
3-bed apartment
Size
2,180 sqft
Floor
1st of 7
Parking
G-29,30
Developer
Remraam
Completed
2011
Service charge
AED 33,400 /yr
Last sold
AED 1.5M · January 2016
Building
Al Ramth 28

About 109, Al Ramth 28

109 is a three-bedroom apartment of 2,180 sqft on the 1st floor of Al Ramth 28, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 18 January 2016 for AED 1,500,000, or AED 688 per sqft.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 19 January 2017, is AED 118,000 a year: a gross yield of 7.9% on the 2016 price, before the service charge of about AED 33,400 a year.

Sales and rents for 109 over time

Sales
Unit 109, each saleTypical three-bed in Al Ramth 28
1M1.5M2M2009201120132015Typical sale price by year: 2009 AED 1,052,336; 2014 AED 1,198,072Sold by developer, October 2013: AED 2,079,984 (AED 954 per sqft)Sold, January 2016: AED 1,500,000 (AED 688 per sqft)

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

Rents
Unit 109, each contractTypical three-bed in Al Ramth 28
75K100K125K20132016201920222025Typical 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, December 2013: AED 110,000 a yearRenewal, December 2014: AED 121,000 a yearNew contract, January 2017: AED 118,000 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 109 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
31 Jan 20231,025,000
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
1033-bedAED 1.03M · Jan 2023
1042-bedAED 1.02M · Dec 2014
1051-bedAED 677K · Jun 2014
1061-bedAED 690K · May 2014
1072-bedAED 493K · Feb 2015
1–7 of 9

109, Al Ramth 28 in numbers

  • Sold twice: first on 6 October 2013 for AED 2,079,984, last on 18 January 2016 for AED 1,500,000 (AED 688 per sqft).
  • Rented since December 2013 on 3 Ejari contracts, from AED 110,000 to AED 118,000 a year.
  • At AED 118,000 a year the gross yield on the 2016 price is 7.9%, before a service charge of about AED 33,400 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 19 January 2017.

Questions about 109, Al Ramth 28

What did unit 109 last sell for?

AED 1,500,000 on 18 January 2016: AED 688 per sqft for 2,180 sqft. The unit has 2 registered sales; the first was AED 2,079,984 in October 2013.

What is the rent for unit 109?

AED 118,000 a year on the contract signed on 19 January 2017. The previous contract, from December 2014, was AED 121,000; the unit has been rented since December 2013.

How big is unit 109?

2,180 sqft (202.5 sqm): a three-bedroom apartment on the 1st floor of a 7-storey tower completed in 2011.

What is unit 109 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 109, Al Ramth 28

Starts from the last sale price (AED 1.5M, 18 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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