308, Al Ramth 53
Sold prices and rental history: sold 4 times, last in December 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Al Ramth 53
What is 308 worth today?
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Source: Dubai Land Department. Updated 5 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 668 sqft
- Floor
- 4th of 6
- Parking
- G-120
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 10,200 /yr
- Last sold
- AED 540K · December 2024
- Building
- Al Ramth 53
About 308, Al Ramth 53
308 is a one-bedroom apartment of 668 sqft on the 4th floor of Al Ramth 53, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 5 December 2024 for AED 540,000, or AED 808 per sqft, 16% above the AED 698 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 20 April 2022, is AED 31,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 10,200 a year.
Sales and rents for 308 over time
308 has sold 4 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Al Ramth 53, and where 308 sits
All 24 1-beds →308 last sold in December 2024 at AED 808 per sqft, 16% above what one-beds in Al Ramth 53 were fetching at the time (AED 698). Over the last 12 months one-beds sold for AED 605,000 to 780,000, around AED 789 per sqft, and rent for AED 46,200 to 80,000 a year. 308's AED 31,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Sep 202629 September 2026 | 669 sqft | 605,000 | 904 | ||
| 3 Jul 20263 July 2026 | 1,157 sqft | 780,000 | 674 | ||
| 29 Jan 202529 January 2025 | 1,150 sqft | 660,000 | 573 | ||
| 6 Dec 20246 December 2024 | 669 sqft | 540,000 | 807 |
Al Ramth 53
Building57 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%
Other units on the 4th floor
All 57 units in Al Ramth 53| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 669 sqft | AED 605KAED 605,000 · Sep 2026September 2026 | 69,600 /yr | |
| 402 | 1-bed | 1,158 sqft | AED 546KAED 545,893 · Nov 2023November 2023 | 65,000 /yr | |
| 403 | 1-bed | 1,157 sqft | AED 500KAED 499,545 · Nov 2023November 2023 | 80,000 /yr | |
| 404 | 2-bed | 1,009 sqft | AED 430KAED 430,000 · Jul 2016July 2016 | 75,000 /yr | |
| 405 | 2-bed | 1,009 sqft | AED 910KAED 910,000 · Jul 2015July 2015 | 61,000 /yr | |
| 406 | 1-bed | 1,157 sqft | AED 780KAED 780,000 · Jul 2026July 2026 | 40,000 /yr | |
| 407 | 1-bed | 1,158 sqft | AED 492KAED 491,804 · Nov 2023November 2023 | 36,000 /yr | |
| 409 | Studio | 401 sqft | AED 413KAED 413,205 · Oct 2013October 2013 | 35,000 /yr |
308, Al Ramth 53 in numbers
- Sold 4 times: first on 8 April 2009 for AED 918,052, last on 5 December 2024 for AED 540,000 (AED 808 per sqft).
- Rented since March 2015 on 4 Ejari contracts, from AED 53,000 to AED 31,000 a year.
- At AED 31,000 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 10,200 a year (AED 15.34 per sqft).
- One-beds in Al Ramth 53 sold for AED 605,000–780,000 in the 12 months to November 2026; the building's median across all types is AED 789 per sqft.
Source: Dubai Land Department. Updated 5 December 2024.
Questions about 308, Al Ramth 53
What did unit 308 last sell for?
AED 540,000 on 5 December 2024: AED 808 per sqft for 668 sqft. The unit has 4 registered sales; the first was AED 918,052 in April 2009.
What is the rent for unit 308?
AED 31,000 a year on the contract signed on 20 April 2022. The previous contract, from March 2017, was AED 53,000; the unit has been rented since March 2015.
How big is unit 308?
668 sqft (62.1 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2011.
What is unit 308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Ramth 53 sold for AED 605,000 to 780,000 in the last 12 months, around AED 789 per sqft.
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Mortgage on 308, Al Ramth 53
Starts from the last sale price (AED 540K, 5 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 540,000
- Deposit, UAE resident (20%)
- AED 108,000
- Deposit, non-resident (40%)
- AED 216,000
- Monthly over 25 years at 3.7%
- AED 2,209
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →