2-bed · 1,501 sqftAl Ramth 55, Remraam · 2nd floor · completed 2011

202, Al Ramth 55

Sold prices and rental history: sold 5 times, last in October 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 11 October 2020
Last soldAED 650K11 October 2020
Current rentAED 65K /yr1 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Al Ramth 55

What is 202 worth today?

Last sold for AED 650,000 in 2020

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11 Oct 2020SoldReady
AED 650,000AED 433 per sqft
1 Sep 2019RentedNew contract
AED 65,000/yr12 months · AED 43 per sqft
26 Aug 2019SoldReady
AED 860,000AED 572 per sqft
11 Feb 2019RentedNew contract
AED 70,000/yr12 months · AED 47 per sqft
20 Jun 2018RentedRenewal
AED 93,000/yr12 months · AED 62 per sqft
20 Jun 2017RentedRenewal
AED 95,000/yr12 months · AED 63 per sqft
20 Jun 2016RentedRenewal
AED 95,000/yr12 months · AED 63 per sqft
20 Jun 2015RentedNew contract
AED 95,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 11 October 2020.

Key facts

Type
2-bed apartment
Size
1,501 sqft
Floor
2nd of 5
Parking
G-40
Developer
Remraam
Completed
2011
Service charge
AED 23,000 /yr
Last sold
AED 650K · October 2020
Building
Al Ramth 55

About 202, Al Ramth 55

202 is a two-bedroom apartment of 1,501 sqft on the 2nd floor of Al Ramth 55, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 11 October 2020 for AED 650,000, or AED 433 per sqft.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 1 September 2019, is AED 65,000 a year: a gross yield of 10.0% on the 2020 price, before the service charge of about AED 23,000 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical two-bed in Al Ramth 55
500K1M1.5M2009201320172021Typical sale price by year: 2009 AED 1,338,379; 2013 AED 1,138,565; 2014 AED 1,000,000; 2016 AED 1,060,000; 2022 AED 660,000; 2023 AED 750,000Sold by developer, April 2009: AED 1,694,200 (AED 1,128 per sqft)Sold, May 2014: AED 1,106,642 (AED 737 per sqft)Sold, June 2014: AED 1,106,642 (AED 737 per sqft)Sold, August 2019: AED 860,000 (AED 572 per sqft)Sold, October 2020: AED 650,000 (AED 433 per sqft)

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

Rents
Unit 202, each contractTypical two-bed in Al Ramth 55
50K75K100K2014201820222026Typical rent by year: 2014 AED 81,500; 2015 AED 76,500; 2016 AED 75,000; 2017 AED 75,000; 2018 AED 65,500; 2019 AED 62,000; 2020 AED 50,500; 2021 AED 46,000; 2022 AED 48,000; 2023 AED 53,000; 2024 AED 60,251; 2025 AED 73,500; 2026 AED 81,000New contract, June 2014: AED 95,000 a yearNew contract, June 2015: AED 95,000 a yearRenewal, June 2016: AED 95,000 a yearRenewal, June 2017: AED 95,000 a yearRenewal, June 2018: AED 93,000 a yearNew contract, February 2019: AED 70,000 a yearNew contract, September 2019: AED 65,000 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 55, and where 202 sits

All 16 2-beds →

Over the last 12 months two-beds sold for AED 975,000 to 1,060,000, around AED 1,008 per sqft, and rent for AED 68,400 to 120,000 a year. 202's AED 65,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Jul 2026975,000
30 Jan 20261,060,000
11 Apr 20251,150,000
28 Nov 20241,150,000
2 2-bed sales in the last 12 months

Al Ramth 55

Building

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

Typical price per sqft
AED 966
Typical sale
AED 975K
Typical rent
AED 56K /yr
Typical yield
7.4%
Al Ramth 55, Remraam: prices, sales and rents →

Other units on the 2nd floor

All 48 units in Al Ramth 55
Value
2011-bedAED 687K · Nov 2014
2032-bedAED 1.15M · Nov 2024
2042-bedAED 880K · Mar 2017
2052-bedAED 908K · Mar 2017
2062-bedAED 1.15M · Apr 2025
2072-bedAED 650K · Jan 2021
2081-bedAED 330K · Jan 2022
1–7 of 8

202, Al Ramth 55 in numbers

  • Sold 5 times: first on 8 April 2009 for AED 1,694,200, last on 11 October 2020 for AED 650,000 (AED 433 per sqft).
  • Rented since June 2014 on 7 Ejari contracts, from AED 95,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2020 price is 10.0%, before a service charge of about AED 23,000 a year (AED 15.34 per sqft).
  • Two-beds in Al Ramth 55 sold for AED 975,000–1,060,000 in the 12 months to November 2026; the building's median across all types is AED 966 per sqft.

Source: Dubai Land Department. Updated 11 October 2020.

Questions about 202, Al Ramth 55

What did unit 202 last sell for?

AED 650,000 on 11 October 2020: AED 433 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 202?

AED 65,000 a year on the contract signed on 1 September 2019. The previous contract, from February 2019, was AED 70,000; the unit has been rented since June 2014.

How big is unit 202?

1,501 sqft (139.4 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2011.

What is unit 202 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 55 sold for AED 975,000 to 1,060,000 in the last 12 months, around AED 1,008 per sqft.

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Mortgage on 202, Al Ramth 55

Starts from the last sale price (AED 650K, 11 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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