308, 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.
Property timeline for 308, Al Ramth 55
What is 308 worth today?
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Source: Dubai Land Department. Updated 1 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 669 sqft
- Floor
- 3rd of 5
- Parking
- G-55
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 10,300 /yr
- Last sold
- AED 686K · February 2014
- Building
- Al Ramth 55
About 308, Al Ramth 55
308 is a one-bedroom apartment of 669 sqft on the 3rd floor of Al Ramth 55, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 10 February 2014 for AED 686,362, or AED 1,026 per sqft, in line with the AED 1,021 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 40,700 a year: a gross yield of 5.9% on the 2014 price, before the service charge of about AED 10,300 a year.
Sales and rents for 308 over time
308 has sold 3 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 55, and where 308 sits
All 22 1-beds →308 last sold in February 2014 at AED 1,026 per sqft, in line with what one-beds in Al Ramth 55 were fetching at the time (AED 1,021). Over the last 12 months one-beds sold for AED 660,000, around AED 852 per sqft, and rent for AED 46,755 to 70,000 a year. 308's AED 40,700 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Apr 202617 April 2026 | 774 sqft | 660,000 | 852 | ||
| 21 May 202521 May 2025 | 1,156 sqft | 800,000 | 691 | ||
| 21 Jun 202421 June 2024 | 774 sqft | 580,000 | 749 | ||
| 8 Nov 20238 November 2023 | 774 sqft | 493,140 | 637 |
Al Ramth 55
Building48 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%
Other units on the 3rd floor
All 48 units in Al Ramth 55| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 668 sqft | AED 686KAED 685,754 · Feb 2014February 2014 | 48,400 /yr | |
| 302 | 1-bed | 1,156 sqft | AED 974KAED 973,620 · Feb 2014February 2014 | 60,000 /yr | |
| 303 | 1-bed | 1,156 sqft | AED 800KAED 800,000 · May 2025May 2025 | 68,000 /yr | |
| 304 | 2-bed | 1,009 sqft | AED 1.01MAED 1,008,450 · Feb 2014February 2014 | 11,333 /yr | |
| 305 | 2-bed | 1,009 sqft | AED 775KAED 775,000 · Nov 2023November 2023 | 72,000 /yr | |
| 306 | 1-bed | 1,156 sqft | AED 847KAED 846,968 · Aug 2014August 2014 | 53,000 /yr | |
| 307 | 1-bed | 1,156 sqft | AED 847KAED 846,968 · Aug 2014August 2014 | 46,755 /yr | |
| 309 | Studio | 401 sqft | AED 390KAED 390,000 · Sep 2017September 2017 | 36,500 /yr |
308, Al Ramth 55 in numbers
- Sold 3 times: first on 8 April 2009 for AED 918,052, last on 10 February 2014 for AED 686,362 (AED 1,026 per sqft).
- Rented since April 2014 on 10 Ejari contracts. The rent fell from AED 52,000 to AED 32,000 in 2021 and recovered to AED 40,700 by June 2024.
- At AED 40,700 a year the gross yield on the 2014 price is 5.9%, before a service charge of about AED 10,300 a year (AED 15.34 per sqft).
- One-beds in Al Ramth 55 sold for AED 660,000–660,000 in the 12 months to November 2026; the building's median across all types is AED 966 per sqft.
Source: Dubai Land Department. Updated 1 June 2024.
Questions about 308, Al Ramth 55
What did unit 308 last sell for?
AED 686,362 on 10 February 2014: AED 1,026 per sqft for 669 sqft. The unit has 3 registered sales; the first was AED 918,052 in April 2009.
What is the rent for unit 308?
AED 40,700 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 37,000; the unit has been rented since April 2014.
How big is unit 308?
669 sqft (62.2 sqm): a one-bedroom apartment on the 3rd floor of a 5-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 55 sold for AED 660,000 to 660,000 in the last 12 months, around AED 852 per sqft.
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Mortgage on 308, Al Ramth 55
Starts from the last sale price (AED 686K, 10 February 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 686,362
- Deposit, UAE resident (20%)
- AED 137,272
- Deposit, non-resident (40%)
- AED 274,545
- Monthly over 25 years at 3.7%
- AED 2,808
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →