3-bed · 2,227 sqftAl Ramth 28, Remraam · Ground floor · completed 2011

G01, Al Ramth 28

Sold prices and rental history: sold 3 times, last in May 2017, and rented once, from July 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G01 · DLD and Ejari recordsUpdated 14 May 2017
Last soldAED 720K14 May 2017
Current rentAED 135K /yr28 July 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G01, Al Ramth 28

What is G01 worth today?

Last sold for AED 720,000 in 2017

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14 May 2017SoldReady
AED 720,000AED 323 per sqft
28 Jul 2014RentedNew contract
AED 135,000/yr12 months · AED 61 per sqft
2 Mar 2014SoldReady
AED 733,400AED 329 per sqft
29 Apr 2009Sold by developerOff-plan
AED 1,052,336AED 472 per sqft

Source: Dubai Land Department. Updated 14 May 2017.

Key facts

Type
3-bed apartment
Size
2,227 sqft
Floor
Ground of 7
Parking
G-14,G-15
Developer
Remraam
Completed
2011
Service charge
AED 34,200 /yr
Last sold
AED 720K · May 2017
Building
Al Ramth 28

About G01, Al Ramth 28

G01 is a three-bedroom apartment of 2,227 sqft on the ground floor of Al Ramth 28, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 14 May 2017 for AED 720,000, or AED 323 per sqft.

One Ejari contract is registered, from 28 July 2014. The current contract, signed on 28 July 2014, is AED 135,000 a year: a gross yield of 18.8% on the 2017 price, before the service charge of about AED 34,200 a year.

Sales and rents for G01 over time

Sales
Unit G01, each saleTypical three-bed in Al Ramth 28
750K1M1.25M200920122015Typical sale price by year: 2009 AED 1,052,336; 2014 AED 1,198,072Sold by developer, April 2009: AED 1,052,336 (AED 472 per sqft)Sold, March 2014: AED 733,400 (AED 329 per sqft)Sold, May 2017: AED 720,000 (AED 323 per sqft)

G01 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit G01, 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, July 2014: AED 135,000 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 G01 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 ground floor

All 77 units in Al Ramth 28
Value
G022-bedAED 1.1M · Oct 2016
G031-bedAED 605K · Nov 2023
G041-bedAED 336K · Apr 2014
G052-bedAED 1.05M · Sep 2024

G01, Al Ramth 28 in numbers

  • Sold 3 times: first on 29 April 2009 for AED 1,052,336, last on 14 May 2017 for AED 720,000 (AED 323 per sqft).
  • Rented since July 2014 on one Ejari contract, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2017 price is 18.8%, before a service charge of about AED 34,200 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 14 May 2017.

Questions about G01, Al Ramth 28

What did unit G01 last sell for?

AED 720,000 on 14 May 2017: AED 323 per sqft for 2,227 sqft. The unit has 3 registered sales; the first was AED 1,052,336 in April 2009.

What is the rent for unit G01?

AED 135,000 a year on the contract signed on 28 July 2014.

How big is unit G01?

2,227 sqft (206.9 sqm): a three-bedroom apartment on the ground floor of a 7-storey tower completed in 2011.

What is unit G01 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 G01, Al Ramth 28

Starts from the last sale price (AED 720K, 14 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

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