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

203, Al Ramth 55

Sold prices and rental history: sold 5 times, last in November 2024, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 28 November 2024
Last soldAED 1.15M28 November 2024
Current rentAED 75K /yr5 March 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, Al Ramth 55

What is 203 worth today?

Last sold for AED 1,150,000 in 2024

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28 Nov 2024SoldReady
AED 1,150,000AED 766 per sqft
18 May 2016SoldReady
AED 1,000,000AED 666 per sqft
5 Mar 2016RentedNew contract
AED 75,000/yr12 months · AED 50 per sqft
5 Mar 2015RentedNew contract
AED 75,000/yr12 months · AED 50 per sqft
2 Oct 2013SoldReady
AED 1,268,680AED 845 per sqft
15 Aug 2013SoldReady
AED 1,268,680AED 845 per sqft
8 Apr 2009Sold by developerOff-plan
AED 1,694,200AED 1,128 per sqft

Source: Dubai Land Department. Updated 28 November 2024.

Key facts

Type
2-bed apartment
Size
1,501 sqft
Floor
2nd of 5
Parking
G-41
Developer
Remraam
Completed
2011
Service charge
AED 23,000 /yr
Last sold
AED 1.15M · November 2024
Building
Al Ramth 55

About 203, Al Ramth 55

203 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 28 November 2024 for AED 1,150,000, or AED 766 per sqft.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 5 March 2016, is AED 75,000 a year: a gross yield of 6.5% 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 55
500K1M1.5M2009201420192024Typical 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, August 2013: AED 1,268,680 (AED 845 per sqft)Sold, October 2013: AED 1,268,680 (AED 845 per sqft)Sold, May 2016: AED 1,000,000 (AED 666 per sqft)Sold, November 2024: AED 1,150,000 (AED 766 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 55
40K60K80K2014201820222026Typical 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, March 2015: AED 75,000 a yearNew contract, March 2016: AED 75,000 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 203 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. 203's AED 75,000 is in the lower half 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
23 Nov 2023775,000
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
2022-bedAED 650K · Oct 2020
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

203, Al Ramth 55 in numbers

  • Sold 5 times: first on 8 April 2009 for AED 1,694,200, last on 28 November 2024 for AED 1,150,000 (AED 766 per sqft).
  • Rented since March 2015 on 2 Ejari contracts, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 6.5%, 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 28 November 2024.

Questions about 203, Al Ramth 55

What did unit 203 last sell for?

AED 1,150,000 on 28 November 2024: AED 766 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 75,000 a year on the contract signed on 5 March 2016. The previous contract, from March 2015, was AED 75,000.

How big is unit 203?

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 203 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 203, Al Ramth 55

Starts from the last sale price (AED 1.15M, 28 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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