108, Al Ramth 41
Sold prices and rental history: sold 3 times, last in June 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 108, Al Ramth 41
What is 108 worth today?
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Source: Dubai Land Department. Updated 10 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,150 sqft
- Floor
- 1st of 5
- Parking
- G-15
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 17,600 /yr
- Last sold
- AED 620K · June 2024
- Building
- Al Ramth 41
About 108, Al Ramth 41
108 is a one-bedroom apartment of 1,150 sqft on the 1st floor of Al Ramth 41, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 10 June 2024 for AED 620,000, or AED 539 per sqft, 18% below the AED 660 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 25 May 2023, is AED 44,000 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 17,600 a year.
Sales and rents for 108 over time
108 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Al Ramth 41, and where 108 sits
All 21 1-beds →108 last sold in June 2024 at AED 539 per sqft, 18% below what one-beds in Al Ramth 41 were fetching at the time (AED 660). 108's AED 44,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202416 October 2024 | 669 sqft | 500,000 | 747 | ||
| 2 Sep 20242 September 2024 | 1,156 sqft | 680,000 | 587 | ||
| 23 May 202423 May 2024 | 774 sqft | 520,000 | 671 | ||
| 21 Mar 202421 March 2024 | 774 sqft | 582,000 | 752 |
Al Ramth 41
Building43 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.
- Typical price per sqft
- AED 926
- Typical sale
- AED 935K
- Typical rent
- AED 65K /yr
- Typical yield
- 8.1%
Other units on the 1st floor
All 43 units in Al Ramth 41| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 1,129 sqft | AED 800KAED 800,000 · Mar 2014March 2014 | 56,000 /yr | |
| 103 | 3-bed | 1,497 sqft | AED 1.3MAED 1,300,000 · Mar 2017March 2017 | 115,000 /yr | |
| 104 | 2-bed | 1,009 sqft | AED 935KAED 935,000 · Jun 2026June 2026 | 50,000 /yr | |
| 105 | 2-bed | 1,009 sqft | AED 435KAED 435,000 · Apr 2016April 2016 | 68,000 /yr | |
| 106 | 3-bed | 1,497 sqft | AED 1.27MAED 1,272,088 · Apr 2014April 2014 | 132,500 /yr |
108, Al Ramth 41 in numbers
- Sold 3 times: first on 9 February 2016 for AED 903,100, last on 10 June 2024 for AED 620,000 (AED 539 per sqft).
- Rented since May 2016 on 7 Ejari contracts. The rent fell from AED 62,000 to AED 33,000 in 2021 and recovered to AED 44,000 by May 2023.
- At AED 44,000 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 17,600 a year (AED 15.34 per sqft).
Source: Dubai Land Department. Updated 10 June 2024.
Questions about 108, Al Ramth 41
What did unit 108 last sell for?
AED 620,000 on 10 June 2024: AED 539 per sqft for 1,150 sqft. The unit has 3 registered sales; the first was AED 903,100 in February 2016.
What is the rent for unit 108?
AED 44,000 a year on the contract renewed on 25 May 2023. The previous contract, from May 2022, was AED 44,000; the unit has been rented since May 2016.
How big is unit 108?
1,150 sqft (106.8 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower completed in 2011.
What is unit 108 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 108, Al Ramth 41
Starts from the last sale price (AED 620K, 10 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 620,000
- Deposit, UAE resident (20%)
- AED 124,000
- Deposit, non-resident (40%)
- AED 248,000
- Monthly over 25 years at 3.7%
- AED 2,537
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →