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2-bed · 1,009 sqftAl Ramth 55, Remraam · 2nd floor · completed 2011

204, Al Ramth 55

Sold prices and rental history: sold twice, last in March 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 6 June 2023
Last soldAED 880K5 March 2017
Current rentAED 55K /yr6 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 204, Al Ramth 55

What is 204 worth today?

Last sold for AED 880,000 in 2017

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6 Jun 2023RentedNew contract
AED 55,000/yr12 months · AED 54 per sqft
6 Jun 2020RentedRenewal
AED 50,000/yr12 months · AED 49 per sqft
6 Jun 2019RentedRenewal
AED 55,000/yr12 months · AED 54 per sqft
6 May 2018RentedNew contract
AED 60,000/yr13 months · AED 59 per sqft
5 Mar 2017SoldReady
AED 880,000AED 872 per sqft
10 Apr 2016Sold by developerReady
AED 1,150,089AED 1,139 per sqft

Source: Dubai Land Department. Updated 6 June 2023.

Key facts

Type
2-bed apartment
Size
1,009 sqft
Floor
2nd of 5
Parking
G-42
Developer
Remraam
Completed
2011
Service charge
AED 15,500 /yr
Last sold
AED 880K · March 2017
Building
Al Ramth 55

About 204, Al Ramth 55

204 is a two-bedroom apartment of 1,009 sqft on the 2nd floor of Al Ramth 55, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 5 March 2017 for AED 880,000, or AED 872 per sqft, 10% above the AED 796 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 6 June 2023, is AED 55,000 a year: a gross yield of 6.3% on the 2017 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 55
1M2009201320172021Typical 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 2016: AED 1,150,089 (AED 1,139 per sqft)Sold, March 2017: AED 880,000 (AED 872 per sqft)

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

Rents
Unit 204, 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, May 2018: AED 60,000 a yearRenewal, June 2019: AED 55,000 a yearRenewal, June 2020: AED 50,000 a yearNew contract, June 2023: AED 55,000 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 204 sits

All 16 2-beds →

204 last sold in March 2017 at AED 872 per sqft, 10% above what two-beds in Al Ramth 55 were fetching at the time (AED 796). 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. 204's AED 55,000 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
2022-bedAED 650K · Oct 2020
2032-bedAED 1.15M · Nov 2024
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

204, Al Ramth 55 in numbers

  • Sold twice: first on 10 April 2016 for AED 1,150,089, last on 5 March 2017 for AED 880,000 (AED 872 per sqft).
  • Rented since May 2018 on 4 Ejari contracts, from AED 60,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2017 price is 6.3%, before a service charge of about AED 15,500 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 6 June 2023.

Questions about 204, Al Ramth 55

What did unit 204 last sell for?

AED 880,000 on 5 March 2017: AED 872 per sqft for 1,009 sqft. The unit has 2 registered sales; the first was AED 1,150,089 in April 2016.

What is the rent for unit 204?

AED 55,000 a year on the contract signed on 6 June 2023. The previous contract, from June 2020, was AED 50,000; the unit has been rented since May 2018.

How big is unit 204?

1,009 sqft (93.7 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2011.

What is unit 204 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 204, Al Ramth 55

Starts from the last sale price (AED 880K, 5 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 880,000
Deposit, UAE resident (20%)
AED 176,000
Deposit, non-resident (40%)
AED 352,000
Monthly over 25 years at 3.7%
AED 3,600

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