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2-bed · 1,667 sqftAl Ramth 28, Remraam · Ground floor · completed 2011

G05, Al Ramth 28

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G05 · DLD and Ejari recordsUpdated 6 September 2024
Last soldAED 1.05M6 September 2024
Current rentAED 63K /yr20 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G05, Al Ramth 28

What is G05 worth today?

Last sold for AED 1,050,000 in 2024

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6 Sep 2024SoldReady
AED 1,050,000AED 629 per sqft
10 Jun 2024SoldReady
AED 780,000AED 467 per sqft
20 Oct 2023RentedRenewal
AED 63,394/yr6 months · AED 38 per sqft
20 Oct 2022RentedRenewal
AED 57,500/yr12 months · AED 34 per sqft
20 Sep 2021RentedNew contract
AED 55,000/yr13 months · AED 33 per sqft
22 Oct 2020RentedNew contract
AED 48,000/yr12 months · AED 29 per sqft
26 Apr 2018RentedRenewal
AED 40,000/yr13 months · AED 24 per sqft
26 Apr 2017RentedNew contract
AED 80,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 6 September 2024.

Key facts

Type
2-bed apartment
Size
1,667 sqft
Floor
Ground of 7
Parking
G-10
Developer
Remraam
Completed
2011
Service charge
AED 25,600 /yr
Last sold
AED 1.05M · September 2024
Building
Al Ramth 28

About G05, Al Ramth 28

G05 is a two-bedroom apartment of 1,667 sqft on the ground floor of Al Ramth 28, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 6 September 2024 for AED 1,050,000, or AED 629 per sqft, 6% below the AED 668 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 20 October 2023, is AED 63,394 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 25,600 a year.

Sales and rents for G05 over time

Sales
Unit G05, each saleTypical two-bed in Al Ramth 28
750K1M1.25M2009201420192024Typical 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, March 2015: AED 1,250,000 (AED 749 per sqft)Sold, June 2024: AED 780,000 (AED 467 per sqft)Sold, September 2024: AED 1,050,000 (AED 629 per sqft)

G05 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit G05, each contractTypical two-bed in Al Ramth 28
50K75K2014201820222026Typical 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, June 2015: AED 72,000 a yearRenewal, June 2016: AED 72,000 a yearNew contract, April 2017: AED 80,000 a yearRenewal, April 2018: AED 40,000 a yearNew contract, October 2020: AED 48,000 a yearNew contract, September 2021: AED 55,000 a yearRenewal, October 2022: AED 57,500 a yearRenewal, October 2023: AED 63,394 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 G05 sits

All 20 2-beds →

G05 last sold in September 2024 at AED 629 per sqft, 6% below what two-beds in Al Ramth 28 were fetching at the time (AED 668). G05's AED 63,394 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
12 Sep 2024870,000
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 ground floor

All 77 units in Al Ramth 28
Value
G013-bedAED 720K · May 2017
G022-bedAED 1.1M · Oct 2016
G031-bedAED 605K · Nov 2023
G041-bedAED 336K · Apr 2014

G05, Al Ramth 28 in numbers

  • Sold 3 times: first on 25 March 2015 for AED 1,250,000, last on 6 September 2024 for AED 1,050,000 (AED 629 per sqft).
  • Rented since June 2015 on 8 Ejari contracts. The rent fell from AED 72,000 to AED 40,000 in 2018 and recovered to AED 63,394 by October 2023.
  • At AED 63,394 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 25,600 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 6 September 2024.

Questions about G05, Al Ramth 28

What did unit G05 last sell for?

AED 1,050,000 on 6 September 2024: AED 629 per sqft for 1,667 sqft. The unit has 3 registered sales; the first was AED 1,250,000 in March 2015.

What is the rent for unit G05?

AED 63,394 a year on the contract renewed on 20 October 2023. The previous contract, from October 2022, was AED 57,500; the unit has been rented since June 2015.

How big is unit G05?

1,667 sqft (154.9 sqm): a two-bedroom apartment on the ground floor of a 7-storey tower completed in 2011.

What is unit G05 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 G05, Al Ramth 28

Starts from the last sale price (AED 1.05M, 6 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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