2-bed · 1,005 sqftAl Ramth 47, Remraam · 3rd floor · completed 2011

304, Al Ramth 47

Sold prices and rental history: sold once, by the developer in December 2015, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 942K8 December 2015
Current rentAED 85K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Al Ramth 47

What is 304 worth today?

Last sold for AED 941,500 in 2015

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1 Dec 2024RentedNew contract
AED 85,000/yr12 months · AED 85 per sqft
1 Dec 2024RentedNew contract
AED 85,000/yr12 months · AED 85 per sqft
1 Jan 2017RentedNew contract
AED 75,000/yr12 months · AED 75 per sqft
8 Dec 2015Sold by developerReady
AED 941,500AED 936 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
2-bed apartment
Size
1,005 sqft
Floor
3rd of 5
Parking
G-51
Developer
Remraam
Completed
2011
Service charge
AED 15,400 /yr
Last sold
AED 942K · December 2015
Building
Al Ramth 47

About 304, Al Ramth 47

304 is a two-bedroom apartment of 1,005 sqft on the 3rd floor of Al Ramth 47, a 5-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 8 December 2015 for AED 941,500, or AED 936 per sqft, in line with the AED 936 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 1 December 2024, is AED 85,000 a year: a gross yield of 9.0% on the 2015 price, before the service charge of about AED 15,400 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Al Ramth 47
1M1.5M2011201320152017Typical sale price by year: 2011 AED 1,493,400; 2013 AED 1,278,805; 2014 AED 996,000; 2015 AED 1,104,000; 2016 AED 1,070,000Sold by developer, December 2015: AED 941,500 (AED 936 per sqft)

304 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 304, each contractTypical two-bed in Al Ramth 47
40K60K80K2014201820222026Typical rent by year: 2014 AED 75,000; 2015 AED 75,000; 2016 AED 80,074; 2017 AED 75,000; 2018 AED 71,000; 2019 AED 60,000; 2020 AED 53,000; 2021 AED 46,500; 2022 AED 53,000; 2023 AED 60,540; 2024 AED 67,350; 2025 AED 80,500; 2026 AED 83,215New contract, January 2017: AED 75,000 a yearNew contract, December 2024: AED 85,000 a yearNew contract, December 2024: AED 85,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Al Ramth 47, and where 304 sits

All 16 2-beds →

304 last sold in December 2015 at AED 936 per sqft, in line with what two-beds in Al Ramth 47 were fetching at the time (AED 936). Over the last 12 months two-beds sold for AED 1,375,000, around AED 917 per sqft, and rent for AED 67,315 to 100,000 a year. 304's AED 85,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Mar 20261,375,000
8 Feb 2024950,000
12 Dec 2023950,000
3 Aug 20231,050,000
1 2-bed sale in the last 12 months

Al Ramth 47

Building

43 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 6 sold in the last 12 months.

Typical price per sqft
AED 905
Typical sale
AED 615K
Typical rent
AED 54K /yr
Typical yield
7.7%
Al Ramth 47, Remraam: prices, sales and rents →

Other units on the 3rd floor

All 43 units in Al Ramth 47
Value
3011-bedAED 600K · Sep 2026
3052-bedAED 513K · Jun 2020
3081-bedAED 420K · Aug 2023
309StudioAED 476K · Oct 2013

304, Al Ramth 47 in numbers

  • Sold once: by Remraam on 8 December 2015 for AED 941,500, or AED 936 per sqft.
  • Rented since January 2017 on 3 Ejari contracts, from AED 75,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2015 price is 9.0%, before a service charge of about AED 15,400 a year (AED 15.34 per sqft).
  • Two-beds in Al Ramth 47 sold for AED 1,375,000–1,375,000 in the 12 months to November 2026; the building's median across all types is AED 905 per sqft.

Source: Dubai Land Department. Updated 1 December 2024.

Questions about 304, Al Ramth 47

What did unit 304 last sell for?

AED 941,500 on 8 December 2015, sold by the developer: AED 936 per sqft for 1,005 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 85,000 a year on the contract signed on 1 December 2024. The previous contract, from December 2024, was AED 85,000; the unit has been rented since January 2017.

How big is unit 304?

1,005 sqft (93.4 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2011.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Ramth 47 sold for AED 1,375,000 to 1,375,000 in the last 12 months, around AED 917 per sqft.

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Mortgage on 304, Al Ramth 47

Starts from the last sale price (AED 942K, 8 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 941,500
Deposit, UAE resident (20%)
AED 188,300
Deposit, non-resident (40%)
AED 376,600
Monthly over 25 years at 3.7%
AED 3,852

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