703, Al Ramth 37
Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Al Ramth 37
What is 703 worth today?
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Source: Dubai Land Department. Updated 20 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,030 sqft
- Floor
- 7th of 7
- Parking
- G-103
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 15,800 /yr
- Last sold
- AED 750K · May 2024
- Building
- Al Ramth 37
About 703, Al Ramth 37
703 is a two-bedroom apartment of 1,030 sqft on the 7th floor of Al Ramth 37, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 14 May 2024 for AED 750,000, or AED 727 per sqft.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 20 December 2024, is AED 63,795 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 15,800 a year.
Sales and rents for 703 over time
703 has sold twice; the dashed line is the two-bed median of each year in the building.
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 37, and where 703 sits
All 19 2-beds →Over the last 12 months two-beds sold for AED 990,000 to 1,090,000, around AED 980 per sqft, and rent for AED 66,700 to 88,000 a year. 703's AED 63,795 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 May 202611 May 2026 | 1,113 sqft | 1,090,000 | 979 | ||
| 27 Dec 202527 December 2025 | 1,009 sqft | 990,000 | 981 | ||
| 27 Aug 202527 August 2025 | 1,009 sqft | 890,000 | 882 | ||
| 3 Jun 20253 June 2025 | 1,601 sqft | 1,200,000 | 749 |
Al Ramth 37
Building62 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.
- Typical price per sqft
- AED 980
- Typical sale
- AED 815K
- Typical rent
- AED 57K /yr
- Typical yield
- 7.6%
Other units on the 7th floor
All 62 units in Al Ramth 37| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 665 sqft | AED 833KAED 832,650 · Jan 2014January 2014 | 45,000 /yr | |
| 702 | 3-bed | 1,496 sqft | AED 1.15MAED 1,150,000 · Nov 2023November 2023 | 120,000 /yr | |
| 704 | 2-bed | 1,030 sqft | AED 503KAED 503,302 · Jun 2022June 2022 | 77,000 /yr | |
| 705 | 3-bed | 1,496 sqft | AED 800KAED 800,000 · Nov 2021November 2021 | 125,000 /yr | |
| 706 | 1-bed | 689 sqft | AED 709KAED 708,820 · Dec 2014December 2014 | 45,000 /yr | |
| 707 | Studio | 387 sqft | AED 300KAED 300,000 · May 2019May 2019 | 35,000 /yr |
703, Al Ramth 37 in numbers
- Sold twice: first on 3 January 2016 for AED 932,400, last on 14 May 2024 for AED 750,000 (AED 727 per sqft).
- Rented since June 2016 on 8 Ejari contracts. The rent fell from AED 73,500 to AED 40,000 in 2021 and recovered to AED 63,795 by December 2024.
- At AED 63,795 a year the gross yield on the 2024 price is 8.5%, before a service charge of about AED 15,800 a year (AED 15.34 per sqft).
- Two-beds in Al Ramth 37 sold for AED 990,000–1,090,000 in the 12 months to November 2026; the building's median across all types is AED 980 per sqft.
Source: Dubai Land Department. Updated 20 December 2024.
Questions about 703, Al Ramth 37
What did unit 703 last sell for?
AED 750,000 on 14 May 2024: AED 727 per sqft for 1,030 sqft. The unit has 2 registered sales; the first was AED 932,400 in January 2016.
What is the rent for unit 703?
AED 63,795 a year on the contract renewed on 20 December 2024. The previous contract, from December 2024, was AED 63,795; the unit has been rented since June 2016.
How big is unit 703?
1,030 sqft (95.7 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2011.
What is unit 703 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Ramth 37 sold for AED 990,000 to 1,090,000 in the last 12 months, around AED 980 per sqft.
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Mortgage on 703, Al Ramth 37
Starts from the last sale price (AED 750K, 14 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →