2-bed · 1,009 sqftAl Ramth 55, Remraam · 3rd floor · completed 2011

304, Al Ramth 55

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

Unit 304 · DLD and Ejari recordsUpdated 2 June 2024
Last soldAED 1.01M4 February 2014
Current rentAED 11K /yr2 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Al Ramth 55

What is 304 worth today?

Last sold for AED 1,008,450 in 2014

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2 Jun 2024RentedRenewal · flagged as an outlier
AED 11,333/yr36 months · AED 11 per sqft
2 Jun 2023RentedRenewal
AED 34,000/yr12 months · AED 34 per sqft
2 Jun 2022RentedRenewal
AED 34,000/yr12 months · AED 34 per sqft
2 Jun 2021RentedRenewal
AED 34,000/yr12 months · AED 34 per sqft
18 May 2020RentedNew contract
AED 40,000/yr12 months · AED 40 per sqft
27 Jun 2018RentedRenewal
AED 65,000/yr12 months · AED 64 per sqft
27 Jun 2017RentedRenewal
AED 79,000/yr12 months · AED 78 per sqft
27 Jun 2016RentedNew contract
AED 79,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 2 June 2024.

Key facts

Type
2-bed apartment
Size
1,009 sqft
Floor
3rd of 5
Parking
G-51
Developer
Remraam
Completed
2011
Service charge
AED 15,500 /yr
Last sold
AED 1.01M · February 2014
Building
Al Ramth 55

About 304, Al Ramth 55

304 is a two-bedroom apartment of 1,009 sqft on the 3rd floor of Al Ramth 55, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 4 February 2014 for AED 1,008,450, or AED 999 per sqft, in line with the AED 993 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 2 June 2024, is AED 11,333 a year: a gross yield of 1.1% on the 2014 price, before the service charge of about AED 15,500 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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 2009: AED 1,338,379 (AED 1,326 per sqft)Sold, December 2011: AED 1,008,450 (AED 999 per sqft)Sold, February 2014: AED 1,008,450 (AED 999 per sqft)

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

Rents
Unit 304, each contractTypical two-bed in Al Ramth 55
25K50K75K2014201820222026Typical 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 2014: AED 85,000 a yearNew contract, November 2014: AED 74,380 a yearRenewal, November 2015: AED 85,000 a yearNew contract, June 2016: AED 79,000 a yearRenewal, June 2017: AED 79,000 a yearRenewal, June 2018: AED 65,000 a yearNew contract, May 2020: AED 40,000 a yearRenewal, June 2021: AED 34,000 a yearRenewal, June 2022: AED 34,000 a yearRenewal, June 2023: AED 34,000 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 304 sits

All 16 2-beds →

304 last sold in February 2014 at AED 999 per sqft, in line with what two-beds in Al Ramth 55 were fetching at the time (AED 993). 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. 304's AED 11,333 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 3rd floor

All 48 units in Al Ramth 55
Value
3011-bedAED 686K · Feb 2014
3021-bedAED 974K · Feb 2014
3031-bedAED 800K · May 2025
3052-bedAED 775K · Nov 2023
3061-bedAED 847K · Aug 2014
3071-bedAED 847K · Aug 2014
3081-bedAED 686K · Feb 2014
1–7 of 8

304, Al Ramth 55 in numbers

  • Sold 3 times: first on 8 April 2009 for AED 1,338,379, last on 4 February 2014 for AED 1,008,450 (AED 999 per sqft).
  • Rented since March 2014 on 11 Ejari contracts, from AED 85,000 to AED 11,333 a year.
  • At AED 11,333 a year the gross yield on the 2014 price is 1.1%, 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 2 June 2024.

Questions about 304, Al Ramth 55

What did unit 304 last sell for?

AED 1,008,450 on 4 February 2014: AED 999 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 304?

AED 11,333 a year on the contract renewed on 2 June 2024. The previous contract, from June 2023, was AED 34,000; the unit has been rented since March 2014.

How big is unit 304?

1,009 sqft (93.7 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2011.

What is unit 304 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 304, Al Ramth 55

Starts from the last sale price (AED 1.01M, 4 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,008,450
Deposit, UAE resident (20%)
AED 201,690
Deposit, non-resident (40%)
AED 403,380
Monthly over 25 years at 3.7%
AED 4,126

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