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

305, Al Ramth 47

Sold prices and rental history: sold twice, last in June 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 513K25 June 2020
Current rentAED 61K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 305, Al Ramth 47

What is 305 worth today?

Last sold for AED 513,000 in 2020

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1 Oct 2024RentedRenewal
AED 61,200/yr12 months · AED 61 per sqft
1 Oct 2024RentedRenewal
AED 61,200/yr12 months · AED 61 per sqft
1 Oct 2023RentedRenewal
AED 56,000/yr12 months · AED 56 per sqft
1 Oct 2022RentedRenewal
AED 53,000/yr12 months · AED 53 per sqft
1 Oct 2021RentedRenewal
AED 45,000/yr12 months · AED 45 per sqft
1 Oct 2020RentedNew contract
AED 45,000/yr12 months · AED 45 per sqft
25 Jun 2020SoldReady
AED 513,000AED 510 per sqft
8 Mar 2019RentedNew contract
AED 60,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
1,005 sqft
Floor
3rd of 5
Parking
G-52
Developer
Remraam
Completed
2011
Service charge
AED 15,400 /yr
Last sold
AED 513K · June 2020
Building
Al Ramth 47

About 305, Al Ramth 47

305 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. It last sold on 25 June 2020 for AED 513,000, or AED 510 per sqft.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 61,200 a year: a gross yield of 11.9% on the 2020 price, before the service charge of about AED 15,400 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical two-bed in Al Ramth 47
500K1M1.5M2011201420172020Typical 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, October 2013: AED 1,431,750 (AED 1,424 per sqft)Sold, June 2020: AED 513,000 (AED 510 per sqft)

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

Rents
Unit 305, each contractTypical two-bed in Al Ramth 47
40K60K80K2013201720212025Typical 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, November 2013: AED 70,000 a yearNew contract, January 2015: AED 75,000 a yearNew contract, February 2016: AED 85,000 a yearRenewal, February 2017: AED 85,000 a yearRenewal, February 2018: AED 80,000 a yearNew contract, March 2019: AED 60,000 a yearNew contract, October 2020: AED 45,000 a yearRenewal, October 2021: AED 45,000 a yearRenewal, October 2022: AED 53,000 a yearRenewal, October 2023: AED 56,000 a yearRenewal, October 2024: AED 61,200 a yearRenewal, October 2024: AED 61,200 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 305 sits

All 16 2-beds →

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. 305's AED 61,200 is at the bottom 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
3042-bedAED 942K · Dec 2015
3081-bedAED 420K · Aug 2023
309StudioAED 476K · Oct 2013

305, Al Ramth 47 in numbers

  • Sold twice: first on 1 October 2013 for AED 1,431,750, last on 25 June 2020 for AED 513,000 (AED 510 per sqft).
  • Rented since November 2013 on 12 Ejari contracts. The rent fell from AED 70,000 to AED 45,000 in 2021 and recovered to AED 61,200 by October 2024.
  • At AED 61,200 a year the gross yield on the 2020 price is 11.9%, 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 October 2024.

Questions about 305, Al Ramth 47

What did unit 305 last sell for?

AED 513,000 on 25 June 2020: AED 510 per sqft for 1,005 sqft. The unit has 2 registered sales; the first was AED 1,431,750 in October 2013.

What is the rent for unit 305?

AED 61,200 a year on the contract renewed on 1 October 2024. The previous contract, from October 2024, was AED 61,200; the unit has been rented since November 2013.

How big is unit 305?

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 305 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 305, Al Ramth 47

Starts from the last sale price (AED 513K, 25 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 513,000
Deposit, UAE resident (20%)
AED 102,600
Deposit, non-resident (40%)
AED 205,200
Monthly over 25 years at 3.7%
AED 2,099

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