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2-bed · 1,501 sqftAl Ramth 53, Remraam · 2nd floor · completed 2011

203, Al Ramth 53

Sold prices and rental history: sold 5 times, last in April 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 2 April 2024
Last soldAED 980K2 April 2024
Current rentAED 58K /yr1 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, Al Ramth 53

What is 203 worth today?

Last sold for AED 980,000 in 2024

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2 Apr 2024SoldReady
AED 980,000AED 652 per sqft
7 Nov 2023SoldReady
AED 793,785AED 528 per sqft
1 May 2021RentedRenewal
AED 58,000/yr12 months · AED 39 per sqft
1 May 2020RentedNew contract
AED 66,000/yr12 months · AED 44 per sqft
1 May 2019RentedRenewal
AED 71,000/yr12 months · AED 47 per sqft
1 May 2018RentedNew contract
AED 79,000/yr12 months · AED 53 per sqft
25 Jan 2017RentedNew contract
AED 90,000/yr12 months · AED 60 per sqft
10 Jul 2016RentedNew contract
AED 84,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 2 April 2024.

Key facts

Type
2-bed apartment
Size
1,501 sqft
Floor
2nd of 6
Parking
G-106
Developer
Remraam
Completed
2011
Service charge
AED 23,000 /yr
Last sold
AED 980K · April 2024
Building
Al Ramth 53

About 203, Al Ramth 53

203 is a two-bedroom apartment of 1,501 sqft on the 2nd floor of Al Ramth 53, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 2 April 2024 for AED 980,000, or AED 652 per sqft, in line with the AED 652 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 1 May 2021, is AED 58,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 23,000 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical two-bed in Al Ramth 53
1M1.5M20092013201720212025Typical sale price by year: 2009 AED 1,338,379; 2013 AED 1,020,900; 2014 AED 988,727; 2015 AED 987,187; 2016 AED 1,063,096; 2023 AED 746,512; 2024 AED 880,000Sold by developer, April 2009: AED 1,694,200 (AED 1,128 per sqft)Sold, March 2014: AED 1,106,642 (AED 737 per sqft)Sold, June 2014: AED 1,106,642 (AED 737 per sqft)Sold, November 2023: AED 793,785 (AED 528 per sqft)Sold, April 2024: AED 980,000 (AED 652 per sqft)

203 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 203, each contractTypical two-bed in Al Ramth 53
60K80K2014201820222026Typical rent by year: 2014 AED 83,500; 2015 AED 80,000; 2016 AED 82,000; 2017 AED 80,000; 2018 AED 74,500; 2019 AED 62,000; 2020 AED 52,000; 2021 AED 50,000; 2022 AED 52,000; 2023 AED 55,000; 2024 AED 65,000; 2025 AED 85,000; 2026 AED 87,500New contract, March 2014: AED 80,000 a yearNew contract, March 2015: AED 80,000 a yearNew contract, July 2016: AED 84,000 a yearNew contract, January 2017: AED 90,000 a yearNew contract, May 2018: AED 79,000 a yearRenewal, May 2019: AED 71,000 a yearNew contract, May 2020: AED 66,000 a yearRenewal, May 2021: AED 58,000 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 53, and where 203 sits

All 22 2-beds →

203 last sold in April 2024 at AED 652 per sqft, in line with what two-beds in Al Ramth 53 were fetching at the time (AED 652). 203's AED 58,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 May 2025965,000
18 Mar 20251,100,000
14 Dec 2024830,000
19 Aug 2024960,000
0 2-bed sales in the last 12 months

Al Ramth 53

Building

57 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.

Typical price per sqft
AED 789
Typical sale
AED 693K
Typical rent
AED 63K /yr
Typical yield
9.5%
Al Ramth 53, Remraam: prices, sales and rents →

Other units on the 2nd floor

All 57 units in Al Ramth 53
Value
2011-bedAED 573K · Jun 2014
2022-bedAED 1.27M · Jul 2014
2042-bedAED 1M · Jul 2014
2052-bedAED 650K · May 2023
2062-bedAED 1M · May 2015
2072-bedAED 1.27M · Jul 2014
2081-bedAED 572K · Apr 2015
1–7 of 8

203, Al Ramth 53 in numbers

  • Sold 5 times: first on 8 April 2009 for AED 1,694,200, last on 2 April 2024 for AED 980,000 (AED 652 per sqft).
  • Rented since March 2014 on 8 Ejari contracts, from AED 80,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 23,000 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 2 April 2024.

Questions about 203, Al Ramth 53

What did unit 203 last sell for?

AED 980,000 on 2 April 2024: AED 652 per sqft for 1,501 sqft. The unit has 5 registered sales; the first was AED 1,694,200 in April 2009.

What is the rent for unit 203?

AED 58,000 a year on the contract renewed on 1 May 2021. The previous contract, from May 2020, was AED 66,000; the unit has been rented since March 2014.

How big is unit 203?

1,501 sqft (139.4 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2011.

What is unit 203 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 203, Al Ramth 53

Starts from the last sale price (AED 980K, 2 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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