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3-bed · 1,482 sqftAl Ramth 45, Remraam · 7th floor · completed 2011

702, Al Ramth 45

Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 23 May 2024
Last soldAED 1.03M14 September 2023
Current rentAED 45K /yr23 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 702, Al Ramth 45

What is 702 worth today?

Last sold for AED 1,033,000 in 2023

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23 May 2024RentedNew contract
AED 45,000/yr36 months · AED 31 per sqft
14 Sep 2023SoldReady
AED 1,033,000AED 697 per sqft
20 May 2022RentedRenewal
AED 65,000/yr12 months · AED 44 per sqft
20 May 2021RentedNew contract
AED 55,000/yr12 months · AED 37 per sqft
9 Aug 2020RentedNew contract
AED 62,000/yr12 months · AED 42 per sqft
1 Aug 2019RentedRenewal
AED 87,273/yr11 months · AED 59 per sqft
1 Aug 2018RentedRenewal
AED 95,000/yr12 months · AED 64 per sqft
1 Aug 2017RentedRenewal
AED 105,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 23 May 2024.

Key facts

Type
3-bed apartment
Size
1,482 sqft
Floor
7th of 7
Parking
G-79,G-80
Developer
Remraam
Completed
2011
Service charge
AED 22,700 /yr
Last sold
AED 1.03M · September 2023
Building
Al Ramth 45

About 702, Al Ramth 45

702 is a three-bedroom apartment of 1,482 sqft on the 7th floor of Al Ramth 45, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 14 September 2023 for AED 1,033,000, or AED 697 per sqft.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 23 May 2024, is AED 45,000 a year: a gross yield of 4.4% on the 2023 price, before the service charge of about AED 22,700 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical three-bed in Al Ramth 45
1M1.25M1.5M2014201720202023Typical sale price by year: 2014 AED 1,274,288; 2024 AED 1,475,000Sold by developer, April 2014: AED 1,186,427 (AED 800 per sqft)Sold, September 2023: AED 1,033,000 (AED 697 per sqft)

702 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 702, each contractTypical three-bed in Al Ramth 45
50K100K20142017202020232026Typical rent by year: 2014 AED 100,000; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 105,000; 2018 AED 105,000; 2019 AED 90,000; 2020 AED 69,000; 2021 AED 67,813; 2022 AED 80,000; 2023 AED 100,000; 2025 AED 115,000New contract, June 2014: AED 95,000 a yearNew contract, August 2016: AED 105,000 a yearRenewal, August 2017: AED 105,000 a yearRenewal, August 2018: AED 95,000 a yearRenewal, August 2019: AED 87,273 a yearNew contract, August 2020: AED 62,000 a yearNew contract, May 2021: AED 55,000 a yearRenewal, May 2022: AED 65,000 a yearNew contract, May 2024: AED 45,000 a year

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 45, and where 702 sits

All 7 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
30 Dec 20241,775,000
30 Jul 20241,450,000
10 Jun 20241,165,000
22 May 20241,500,000
0 3-bed sales in the last 12 months

Al Ramth 45

Building

58 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 6 sold in the last 12 months.

Typical price per sqft
AED 887
Typical sale
AED 640K
Typical rent
AED 60K /yr
Typical yield
8.6%
Al Ramth 45, Remraam: prices, sales and rents →

Other units on the 7th floor

All 58 units in Al Ramth 45
Value
7011-bedAED 335K · Oct 2014
7032-bedAED 830K · Sep 2024
7042-bedAED 740K · Apr 2024
7053-bedAED 1.19M · Jun 2014
7061-bedAED 630K · Jun 2017
707StudioAED 471K · Jul 2014

702, Al Ramth 45 in numbers

  • Sold twice: first on 15 April 2014 for AED 1,186,427, last on 14 September 2023 for AED 1,033,000 (AED 697 per sqft).
  • Rented since June 2014 on 9 Ejari contracts, from AED 95,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2023 price is 4.4%, before a service charge of about AED 22,700 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 23 May 2024.

Questions about 702, Al Ramth 45

What did unit 702 last sell for?

AED 1,033,000 on 14 September 2023: AED 697 per sqft for 1,482 sqft. The unit has 2 registered sales; the first was AED 1,186,427 in April 2014.

What is the rent for unit 702?

AED 45,000 a year on the contract signed on 23 May 2024. The previous contract, from May 2022, was AED 65,000; the unit has been rented since June 2014.

How big is unit 702?

1,482 sqft (137.7 sqm): a three-bedroom apartment on the 7th floor of a 7-storey tower completed in 2011.

What is unit 702 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 702, Al Ramth 45

Starts from the last sale price (AED 1.03M, 14 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,033,000
Deposit, UAE resident (20%)
AED 206,600
Deposit, non-resident (40%)
AED 413,200
Monthly over 25 years at 3.7%
AED 4,226

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