1-bed · 1,156 sqftAl Ramth 41, Remraam · 3rd floor · completed 2011

306, Al Ramth 41

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 2 September 2024
Last soldAED 680K2 September 2024
Current rentAED 44K /yr15 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Al Ramth 41

What is 306 worth today?

Last sold for AED 680,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Sep 2024SoldReady
AED 680,000AED 587 per sqft
15 Mar 2023RentedNew contract
AED 44,000/yr12 months · AED 38 per sqft
1 Mar 2023RentedRenewal
AED 55,786/yr12 months · AED 48 per sqft
15 Mar 2022RentedRenewal
AED 40,000/yr12 months · AED 35 per sqft
1 Mar 2022RentedRenewal
AED 55,786/yr12 months · AED 48 per sqft
15 Mar 2021RentedNew contract
AED 34,000/yr12 months · AED 30 per sqft
1 Mar 2021RentedRenewal
AED 55,786/yr12 months · AED 48 per sqft
1 Mar 2020RentedNew contract
AED 46,000/yr12 months · AED 40 per sqft

Source: Dubai Land Department. Updated 2 September 2024.

Key facts

Type
1-bed apartment
Size
1,156 sqft
Floor
3rd of 5
Parking
G-117
Developer
Remraam
Completed
2011
Service charge
AED 17,700 /yr
Last sold
AED 680K · September 2024
Building
Al Ramth 41

About 306, Al Ramth 41

306 is a one-bedroom apartment of 1,156 sqft on the 3rd floor of Al Ramth 41, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 2 September 2024 for AED 680,000, or AED 587 per sqft, 7% below the AED 629 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 15 March 2023, is AED 44,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 17,700 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical one-bed in Al Ramth 41
500K1M2009201420192024Typical sale price by year: 2009 AED 888,162; 2013 AED 583,397; 2014 AED 673,892; 2015 AED 591,300; 2018 AED 520,000; 2023 AED 490,000; 2024 AED 582,000Sold by developer, April 2016: AED 973,620 (AED 841 per sqft)Sold, April 2018: AED 375,000 (AED 324 per sqft)Sold, September 2024: AED 680,000 (AED 587 per sqft)

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

Rents
Unit 306, each contractTypical one-bed in Al Ramth 41
40K60K2014201820222026Typical rent by year: 2014 AED 57,000; 2015 AED 58,500; 2016 AED 61,000; 2017 AED 55,000; 2018 AED 50,000; 2019 AED 43,000; 2020 AED 35,549; 2021 AED 34,000; 2022 AED 36,000; 2023 AED 39,550; 2024 AED 54,500; 2025 AED 58,000; 2026 AED 57,000New contract, September 2018: AED 56,685 a yearNew contract, March 2020: AED 46,000 a yearNew contract, March 2021: AED 34,000 a yearRenewal, March 2021: AED 55,786 a yearRenewal, March 2022: AED 40,000 a yearRenewal, March 2022: AED 55,786 a yearNew contract, March 2023: AED 44,000 a yearRenewal, March 2023: AED 55,786 a year

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 306 sits

All 21 1-beds →

306 last sold in September 2024 at AED 587 per sqft, 7% below what one-beds in Al Ramth 41 were fetching at the time (AED 629). 306's AED 44,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Oct 2024500,000
10 Jun 2024620,000
23 May 2024520,000
21 Mar 2024582,000
0 1-bed sales in the last 12 months

Al Ramth 41

Building

43 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%
Al Ramth 41, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 43 units in Al Ramth 41
Value
3011-bedAED 884K · Apr 2009
3021-bedAED 520K · Mar 2019
3031-bedAED 499K · Feb 2023
3042-bedAED 950K · Nov 2025
3052-bedAED 868K · Oct 2013
3071-bedAED 847K · Jun 2014
3081-bedAED 500K · Jul 2018
1–7 of 8

306, Al Ramth 41 in numbers

  • Sold 3 times: first on 10 April 2016 for AED 973,620, last on 2 September 2024 for AED 680,000 (AED 587 per sqft).
  • Rented since September 2018 on 8 Ejari contracts. The rent fell from AED 56,685 to AED 34,000 in 2021 and recovered to AED 44,000 by March 2023.
  • At AED 44,000 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 17,700 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 2 September 2024.

Questions about 306, Al Ramth 41

What did unit 306 last sell for?

AED 680,000 on 2 September 2024: AED 587 per sqft for 1,156 sqft. The unit has 3 registered sales; the first was AED 973,620 in April 2016.

What is the rent for unit 306?

AED 44,000 a year on the contract signed on 15 March 2023. The previous contract, from March 2023, was AED 55,786; the unit has been rented since September 2018.

How big is unit 306?

1,156 sqft (107.4 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2011.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 306? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 306, Al Ramth 41

Starts from the last sale price (AED 680K, 2 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

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