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1-bed · 1,143 sqftAl Ramth 28, Remraam · 3rd floor · completed 2011

309, Al Ramth 28

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 26 October 2023
Last soldAED 570K26 October 2023
Current rentAED 39K /yr15 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 309, Al Ramth 28

What is 309 worth today?

Last sold for AED 570,000 in 2023

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26 Oct 2023SoldReady
AED 570,000AED 498 per sqft
15 Jul 2022RentedNew contract
AED 39,000/yr12 months · AED 34 per sqft
20 Mar 2021RentedRenewal
AED 38,000/yr12 months · AED 33 per sqft
20 Mar 2020RentedNew contract
AED 42,000/yr12 months · AED 37 per sqft
1 Mar 2019RentedRenewal
AED 53,153/yr12 months · AED 47 per sqft
1 Mar 2018RentedNew contract
AED 55,000/yr12 months · AED 48 per sqft
26 Apr 2017RentedRenewal
AED 58,000/yr12 months · AED 51 per sqft
26 Apr 2016RentedNew contract
AED 58,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 26 October 2023.

Key facts

Type
1-bed apartment
Size
1,143 sqft
Floor
3rd of 7
Parking
G-176
Developer
Remraam
Completed
2011
Service charge
AED 17,500 /yr
Last sold
AED 570K · October 2023
Building
Al Ramth 28

About 309, Al Ramth 28

309 is a one-bedroom apartment of 1,143 sqft on the 3rd floor of Al Ramth 28, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 26 October 2023 for AED 570,000, or AED 498 per sqft.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 15 July 2022, is AED 39,000 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 17,500 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in Al Ramth 28
500K1M2009201320172021Typical sale price by year: 2009 AED 722,635; 2013 AED 642,579; 2014 AED 699,000; 2015 AED 400,950; 2016 AED 605,000; 2017 AED 640,000; 2023 AED 570,000Sold by developer, July 2009: AED 1,272,000 (AED 1,112 per sqft)Sold, May 2014: AED 835,871 (AED 731 per sqft)Sold, October 2023: AED 570,000 (AED 498 per sqft)

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

Rents
Unit 309, each contractTypical one-bed in Al Ramth 28
40K60K2014201820222026Typical rent by year: 2014 AED 55,000; 2015 AED 55,000; 2016 AED 55,165; 2017 AED 57,500; 2018 AED 50,000; 2019 AED 45,500; 2020 AED 36,000; 2021 AED 31,300; 2022 AED 34,000; 2023 AED 40,000; 2024 AED 47,250; 2025 AED 51,300; 2026 AED 52,000New contract, April 2016: AED 58,000 a yearRenewal, April 2017: AED 58,000 a yearNew contract, March 2018: AED 55,000 a yearRenewal, March 2019: AED 53,153 a yearNew contract, March 2020: AED 42,000 a yearRenewal, March 2021: AED 38,000 a yearNew contract, July 2022: AED 39,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Al Ramth 28, and where 309 sits

All 30 1-beds →

Over the last 12 months one-beds sold for AED 750,000, around AED 1,097 per sqft, and rent for AED 40,700 to 66,000 a year. 309's AED 39,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Feb 2026750,000
3 Oct 2025730,000
2 Jul 2025700,000
9 Jul 2024650,000
1 1-bed sale 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
3072-bedAED 870K · Sep 2024
3081-bedNo registered sale
310StudioAED 460K · Feb 2016
1–7 of 8

309, Al Ramth 28 in numbers

  • Sold 3 times: first on 15 July 2009 for AED 1,272,000, last on 26 October 2023 for AED 570,000 (AED 498 per sqft).
  • Rented since April 2016 on 7 Ejari contracts, from AED 58,000 to AED 39,000 a year.
  • At AED 39,000 a year the gross yield on the 2023 price is 6.8%, before a service charge of about AED 17,500 a year (AED 15.34 per sqft).
  • One-beds in Al Ramth 28 sold for AED 750,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 968 per sqft.

Source: Dubai Land Department. Updated 26 October 2023.

Questions about 309, Al Ramth 28

What did unit 309 last sell for?

AED 570,000 on 26 October 2023: AED 498 per sqft for 1,143 sqft. The unit has 3 registered sales; the first was AED 1,272,000 in July 2009.

What is the rent for unit 309?

AED 39,000 a year on the contract signed on 15 July 2022. The previous contract, from March 2021, was AED 38,000; the unit has been rented since April 2016.

How big is unit 309?

1,143 sqft (106.2 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2011.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Ramth 28 sold for AED 750,000 to 750,000 in the last 12 months, around AED 1,097 per sqft.

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Mortgage on 309, Al Ramth 28

Starts from the last sale price (AED 570K, 26 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

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