G04, Al Ramth 37
Sold prices and rental history: sold twice, last in October 2020, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G04, Al Ramth 37
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Source: Dubai Land Department. Updated 11 October 2020.
Key facts
- Type
- 3-bed apartment
- Size
- 2,211 sqft
- Floor
- Ground of 7
- Parking
- G-6,G-7
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 33,900 /yr
- Last sold
- AED 800K · October 2020
- Building
- Al Ramth 37
About G04, Al Ramth 37
G04 is a three-bedroom apartment of 2,211 sqft on the ground floor of Al Ramth 37, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 11 October 2020 for AED 800,000, or AED 361 per sqft.
It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 15 January 2020, is AED 80,000 a year: a gross yield of 10.0% on the 2020 price, before the service charge of about AED 33,900 a year.
Sales and rents for G04 over time
G04 has sold twice; the dashed line is the three-bed median of each year in the building.
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 37, and where G04 sits
All 8 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Nov 20236 November 2023 | 1,496 sqft | 1,150,000 | 768 | ||
| 22 Sep 202322 September 2023 | 1,497 sqft | 1,070,000 | 714 | ||
| 8 Nov 20218 November 2021 | 1,496 sqft | 800,000 | 534 | ||
| 30 May 202130 May 2021 | 1,496 sqft | 635,605 | 425 |
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 ground floor
All 62 units in Al Ramth 37G04, Al Ramth 37 in numbers
- Sold twice: first on 18 May 2015 for AED 1,674,000, last on 11 October 2020 for AED 800,000 (AED 361 per sqft).
- Rented since August 2016 on 3 Ejari contracts, from AED 130,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2020 price is 10.0%, before a service charge of about AED 33,900 a year (AED 15.34 per sqft).
Source: Dubai Land Department. Updated 11 October 2020.
Questions about G04, Al Ramth 37
What did unit G04 last sell for?
AED 800,000 on 11 October 2020: AED 361 per sqft for 2,211 sqft. The unit has 2 registered sales; the first was AED 1,674,000 in May 2015.
What is the rent for unit G04?
AED 80,000 a year on the contract renewed on 15 January 2020. The previous contract, from January 2019, was AED 85,000; the unit has been rented since August 2016.
How big is unit G04?
2,211 sqft (205.4 sqm): a three-bedroom apartment on the ground floor of a 7-storey tower completed in 2011.
What is unit G04 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 G04, Al Ramth 37
Starts from the last sale price (AED 800K, 11 October 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →