2-bed · 1,009 sqftAl Ramth 53, Remraam · 2nd floor · completed 2011

204, Al Ramth 53

Sold prices and rental history: sold 3 times, last in July 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 2 September 2022
Last soldAED 1M3 July 2014
Current rentAED 70K /yr2 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Al Ramth 53

What is 204 worth today?

Last sold for AED 1,002,225 in 2014

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2 Sep 2022RentedRenewal
AED 70,000/yr12 months · AED 69 per sqft
2 Sep 2021RentedRenewal
AED 70,000/yr12 months · AED 69 per sqft
2 Sep 2020RentedRenewal
AED 70,000/yr12 months · AED 69 per sqft
2 Sep 2018RentedRenewal
AED 85,000/yr12 months · AED 84 per sqft
2 Sep 2017RentedRenewal
AED 85,000/yr12 months · AED 84 per sqft
2 Sep 2016RentedRenewal
AED 85,000/yr12 months · AED 84 per sqft
2 Sep 2015RentedRenewal
AED 85,000/yr12 months · AED 84 per sqft
2 Sep 2014RentedNew contract
AED 85,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 2 September 2022.

Key facts

Type
2-bed apartment
Size
1,009 sqft
Floor
2nd of 6
Parking
G-107
Developer
Remraam
Completed
2011
Service charge
AED 15,500 /yr
Last sold
AED 1M · July 2014
Building
Al Ramth 53

About 204, Al Ramth 53

204 is a two-bedroom apartment of 1,009 sqft on the 2nd floor of Al Ramth 53, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 3 July 2014 for AED 1,002,225, or AED 993 per sqft, 17% above the AED 847 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 2 September 2022, is AED 70,000 a year: a gross yield of 7.0% on the 2014 price, before the service charge of about AED 15,500 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical two-bed in Al Ramth 53
1M20092013201720212025Typical 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 1,338,379 (AED 1,326 per sqft)Sold, October 2013: AED 1,002,225 (AED 993 per sqft)Sold, July 2014: AED 1,002,225 (AED 993 per sqft)

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

Rents
Unit 204, 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, September 2014: AED 85,000 a yearRenewal, September 2015: AED 85,000 a yearRenewal, September 2016: AED 85,000 a yearRenewal, September 2017: AED 85,000 a yearRenewal, September 2018: AED 85,000 a yearRenewal, September 2020: AED 70,000 a yearRenewal, September 2021: AED 70,000 a yearRenewal, September 2022: AED 70,000 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 204 sits

All 22 2-beds →

204 last sold in July 2014 at AED 993 per sqft, 17% above what two-beds in Al Ramth 53 were fetching at the time (AED 847). 204's AED 70,000 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
2032-bedAED 980K · Apr 2024
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

204, Al Ramth 53 in numbers

  • Sold 3 times: first on 8 April 2009 for AED 1,338,379, last on 3 July 2014 for AED 1,002,225 (AED 993 per sqft).
  • Rented since September 2014 on 8 Ejari contracts, from AED 85,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2014 price is 7.0%, before a service charge of about AED 15,500 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 2 September 2022.

Questions about 204, Al Ramth 53

What did unit 204 last sell for?

AED 1,002,225 on 3 July 2014: AED 993 per sqft for 1,009 sqft. The unit has 3 registered sales; the first was AED 1,338,379 in April 2009.

What is the rent for unit 204?

AED 70,000 a year on the contract renewed on 2 September 2022. The previous contract, from September 2021, was AED 70,000; the unit has been rented since September 2014.

How big is unit 204?

1,009 sqft (93.7 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2011.

What is unit 204 worth today?

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Mortgage on 204, Al Ramth 53

Starts from the last sale price (AED 1M, 3 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,002,225
Deposit, UAE resident (20%)
AED 200,445
Deposit, non-resident (40%)
AED 400,890
Monthly over 25 years at 3.7%
AED 4,100

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