707, Al Ramth 37
Sold prices and rental history: sold twice, last in May 2019, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 707, Al Ramth 37
What is 707 worth today?
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Source: Dubai Land Department. Updated 3 June 2024.
Key facts
- Type
- Studio apartment
- Size
- 387 sqft
- Floor
- 7th of 7
- Parking
- G-75
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 5,900 /yr
- Last sold
- AED 300K · May 2019
- Building
- Al Ramth 37
About 707, Al Ramth 37
707 is a studio of 387 sqft on the 7th floor of Al Ramth 37, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 26 May 2019 for AED 300,000, or AED 775 per sqft.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 3 June 2024, is AED 35,000 a year: a gross yield of 11.7% on the 2019 price, before the service charge of about AED 5,900 a year.
Sales and rents for 707 over time
707 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Al Ramth 37, and where 707 sits
All 6 studios →Over the last 12 months studios sold for AED 400,000, around AED 1,033 per sqft, and rent for AED 37,000 to 45,000 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Sep 20263 September 2026 | 387 sqft | 400,000 | 1,033 | ||
| 6 Apr 20236 April 2023 | 387 sqft | 275,000 | 710 | ||
| 29 Jun 202229 June 2022 | 387 sqft | 245,000 | 633 | ||
| 30 Jul 201530 July 2015 | 387 sqft | 420,000 | 1,085 |
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 | |
| 703 | 2-bed | 1,030 sqft | AED 750KAED 750,000 · May 2024May 2024 | 63,795 /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, Al Ramth 37 in numbers
- Sold twice: first on 21 February 2016 for AED 351,000, last on 26 May 2019 for AED 300,000 (AED 775 per sqft).
- Rented since April 2021 on 3 Ejari contracts, from AED 19,000 to AED 35,000 a year.
- At AED 35,000 a year the gross yield on the 2019 price is 11.7%, before a service charge of about AED 5,900 a year (AED 15.34 per sqft).
- Studios in Al Ramth 37 sold for AED 400,000–400,000 in the 12 months to November 2026; the building's median across all types is AED 980 per sqft.
Source: Dubai Land Department. Updated 3 June 2024.
Questions about 707, Al Ramth 37
What did unit 707 last sell for?
AED 300,000 on 26 May 2019: AED 775 per sqft for 387 sqft. The unit has 2 registered sales; the first was AED 351,000 in February 2016.
What is the rent for unit 707?
AED 35,000 a year on the contract signed on 3 June 2024. The previous contract, from April 2022, was AED 19,000; the unit has been rented since April 2021.
How big is unit 707?
387 sqft (36.0 sqm): a studio on the 7th floor of a 7-storey tower completed in 2011.
What is unit 707 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Ramth 37 sold for AED 400,000 to 400,000 in the last 12 months, around AED 1,033 per sqft.
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Mortgage on 707, Al Ramth 37
Starts from the last sale price (AED 300K, 26 May 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 300,000
- Deposit, UAE resident (20%)
- AED 60,000
- Deposit, non-resident (40%)
- AED 120,000
- Monthly over 25 years at 3.7%
- AED 1,227
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →