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3-bed · 1,496 sqftAl Ramth 28, Remraam · 7th floor · completed 2011

702, Al Ramth 28

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 10 November 2022
Last soldAED 1M10 November 2022
Current rentAED 68K /yr10 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 702, Al Ramth 28

What is 702 worth today?

Last sold for AED 1,000,000 in 2022

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10 Nov 2022SoldReady
AED 1,000,000AED 668 per sqft
10 Oct 2021RentedNew contract
AED 68,000/yr12 months · AED 45 per sqft
1 Nov 2020RentedNew contract
AED 60,000/yr12 months · AED 40 per sqft
1 Mar 2020RentedNew contract
AED 67,000/yr12 months · AED 45 per sqft
1 Jul 2017RentedRenewal
AED 110,000/yr12 months · AED 74 per sqft
1 Jul 2016RentedRenewal
AED 110,000/yr12 months · AED 74 per sqft
1 Jul 2015RentedNew contract
AED 110,000/yr12 months · AED 74 per sqft
11 Aug 2014Sold by developerReady
AED 1,198,072AED 800 per sqft

Source: Dubai Land Department. Updated 10 November 2022.

Key facts

Type
3-bed apartment
Size
1,496 sqft
Floor
7th of 7
Parking
G-6,G-7
Developer
Remraam
Completed
2011
Service charge
AED 23,000 /yr
Last sold
AED 1M · November 2022
Building
Al Ramth 28

About 702, Al Ramth 28

702 is a three-bedroom apartment of 1,496 sqft on the 7th floor of Al Ramth 28, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 10 November 2022 for AED 1,000,000, or AED 668 per sqft.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 10 October 2021, is AED 68,000 a year: a gross yield of 6.8% on the 2022 price, before the service charge of about AED 23,000 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical three-bed in Al Ramth 28
1M1.1M1.2M2009201320172021Typical sale price by year: 2009 AED 1,052,336; 2014 AED 1,198,072Sold by developer, August 2014: AED 1,198,072 (AED 800 per sqft)Sold, November 2022: AED 1,000,000 (AED 668 per sqft)

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

Rents
Unit 702, each contractTypical three-bed in Al Ramth 28
75K100K2014201720202023Typical 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, July 2014: AED 110,000 a yearNew contract, July 2015: AED 110,000 a yearRenewal, July 2016: AED 110,000 a yearRenewal, July 2017: AED 110,000 a yearNew contract, March 2020: AED 67,000 a yearNew contract, November 2020: AED 60,000 a yearNew contract, October 2021: AED 68,000 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 702 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 7th floor

All 77 units in Al Ramth 28
Value
701StudioAED 510K · Sep 2026
7032-bedAED 585K · Jan 2021
7041-bedAED 722K · Jul 2014
7051-bedAED 750K · Feb 2026
7062-bedAED 850K · Oct 2024
7073-bedAED 1.5M · May 2025
708StudioAED 470K · Dec 2025
1–7 of 8

702, Al Ramth 28 in numbers

  • Sold twice: first on 11 August 2014 for AED 1,198,072, last on 10 November 2022 for AED 1,000,000 (AED 668 per sqft).
  • Rented since July 2014 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 60,000 in 2020 and recovered to AED 68,000 by October 2021.
  • At AED 68,000 a year the gross yield on the 2022 price is 6.8%, before a service charge of about AED 23,000 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 10 November 2022.

Questions about 702, Al Ramth 28

What did unit 702 last sell for?

AED 1,000,000 on 10 November 2022: AED 668 per sqft for 1,496 sqft. The unit has 2 registered sales; the first was AED 1,198,072 in August 2014.

What is the rent for unit 702?

AED 68,000 a year on the contract signed on 10 October 2021. The previous contract, from November 2020, was AED 60,000; the unit has been rented since July 2014.

How big is unit 702?

1,496 sqft (139.0 sqm): a three-bedroom apartment on the 7th floor of a 7-storey tower completed in 2011.

What is unit 702 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 702, Al Ramth 28

Starts from the last sale price (AED 1M, 10 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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