2-bed · 996 sqftAl Ramth 28, Remraam · 3rd floor · completed 2011

307, Al Ramth 28

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 12 September 2024
Last soldAED 870K12 September 2024
Current rentAED 45K /yr1 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Al Ramth 28

What is 307 worth today?

Last sold for AED 870,000 in 2024

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12 Sep 2024SoldReady
AED 870,000AED 873 per sqft
1 Apr 2021RentedRenewal
AED 45,000/yr12 months · AED 45 per sqft
1 Apr 2020RentedRenewal
AED 55,000/yr12 months · AED 55 per sqft
1 Apr 2019RentedRenewal
AED 63,000/yr12 months · AED 63 per sqft
1 Apr 2018RentedNew contract
AED 70,000/yr12 months · AED 70 per sqft
30 Oct 2014SoldReady
AED 515,000AED 517 per sqft
15 Sep 2014Sold by developerReady
AED 515,000AED 517 per sqft

Source: Dubai Land Department. Updated 12 September 2024.

Key facts

Type
2-bed apartment
Size
996 sqft
Floor
3rd of 7
Parking
G-174
Developer
Remraam
Completed
2011
Service charge
AED 15,300 /yr
Last sold
AED 870K · September 2024
Building
Al Ramth 28

About 307, Al Ramth 28

307 is a two-bedroom apartment of 996 sqft on the 3rd floor of Al Ramth 28, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 12 September 2024 for AED 870,000, or AED 873 per sqft, 19% above the AED 731 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 1 April 2021, is AED 45,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 15,300 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical two-bed in Al Ramth 28
500K1M2009201420192024Typical sale price by year: 2009 AED 1,269,992; 2014 AED 1,052,000; 2015 AED 1,046,000; 2024 AED 825,000Sold by developer, September 2014: AED 515,000 (AED 517 per sqft)Sold, October 2014: AED 515,000 (AED 517 per sqft)Sold, September 2024: AED 870,000 (AED 873 per sqft)

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

Rents
Unit 307, each contractTypical two-bed in Al Ramth 28
40K60K80K2014201820222026Typical rent by year: 2014 AED 80,000; 2015 AED 79,000; 2016 AED 80,000; 2017 AED 80,000; 2018 AED 69,000; 2019 AED 65,000; 2020 AED 50,000; 2021 AED 46,500; 2022 AED 52,000; 2023 AED 58,245; 2024 AED 65,200; 2025 AED 74,980; 2026 AED 85,250New contract, April 2018: AED 70,000 a yearRenewal, April 2019: AED 63,000 a yearRenewal, April 2020: AED 55,000 a yearRenewal, April 2021: AED 45,000 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 28, and where 307 sits

All 20 2-beds →

307 last sold in September 2024 at AED 873 per sqft, 19% above what two-beds in Al Ramth 28 were fetching at the time (AED 731). 307's AED 45,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jun 2025955,000
28 Nov 2024900,000
16 Oct 2024850,000
6 Sep 20241,050,000
0 2-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 3rd floor

All 77 units in Al Ramth 28
Value
301StudioAED 310K · Sep 2022
3042-bedAED 790K · Jun 2024
3051-bedAED 750K · Jul 2014
3061-bedAED 708K · Sep 2014
3081-bedNo registered sale
3091-bedAED 570K · Oct 2023
310StudioAED 460K · Feb 2016
1–7 of 8

307, Al Ramth 28 in numbers

  • Sold 3 times: first on 15 September 2014 for AED 515,000, last on 12 September 2024 for AED 870,000 (AED 873 per sqft).
  • Rented since April 2018 on 4 Ejari contracts, from AED 70,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2024 price is 5.2%, before a service charge of about AED 15,300 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 12 September 2024.

Questions about 307, Al Ramth 28

What did unit 307 last sell for?

AED 870,000 on 12 September 2024: AED 873 per sqft for 996 sqft. The unit has 3 registered sales; the first was AED 515,000 in September 2014.

What is the rent for unit 307?

AED 45,000 a year on the contract renewed on 1 April 2021. The previous contract, from April 2020, was AED 55,000; the unit has been rented since April 2018.

How big is unit 307?

996 sqft (92.5 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2011.

What is unit 307 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 307, Al Ramth 28

Starts from the last sale price (AED 870K, 12 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 870,000
Deposit, UAE resident (20%)
AED 174,000
Deposit, non-resident (40%)
AED 348,000
Monthly over 25 years at 3.7%
AED 3,559

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