2-bed · 1,005 sqftAl Ramth 59, Remraam · 2nd floor · completed 2011

204, Al Ramth 59

Sold prices and rental history: sold 6 times, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 23 August 2024
Last soldAED 980K23 August 2024
Current rentAED 60K /yr17 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Al Ramth 59

What is 204 worth today?

Last sold for AED 980,216 in 2024

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23 Aug 2024SoldReady
AED 980,216AED 975 per sqft
3 Jul 2024SoldReady
AED 498,000AED 495 per sqft
17 Feb 2024RentedRenewal
AED 60,262/yr12 months · AED 60 per sqft
17 Feb 2023RentedRenewal
AED 57,200/yr12 months · AED 57 per sqft
17 Feb 2022RentedNew contract
AED 52,000/yr12 months · AED 52 per sqft
28 Sep 2019RentedRenewal
AED 70,000/yr14 months · AED 70 per sqft
28 Jul 2018RentedNew contract
AED 70,000/yr14 months · AED 70 per sqft
20 Sep 2015SoldReady
AED 784,180AED 780 per sqft

Source: Dubai Land Department. Updated 23 August 2024.

Key facts

Type
2-bed apartment
Size
1,005 sqft
Floor
2nd of 6
Parking
G-42
Developer
Remraam
Completed
2011
Service charge
AED 15,400 /yr
Last sold
AED 980K · August 2024
Building
Al Ramth 59

About 204, Al Ramth 59

204 is a two-bedroom apartment of 1,005 sqft on the 2nd floor of Al Ramth 59, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 23 August 2024 for AED 980,216, or AED 975 per sqft, 97% above the AED 495 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 17 February 2024, is AED 60,262 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 15,400 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical two-bed in Al Ramth 59
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,475,979; 2013 AED 1,132,725; 2014 AED 1,132,725; 2015 AED 826,286; 2024 AED 693,296; 2025 AED 1,423,319; 2026 AED 1,423,319Sold by developer, April 2009: AED 1,338,379 (AED 1,331 per sqft)Sold, May 2013: AED 1,002,225 (AED 996 per sqft)Sold, August 2014: AED 1,002,225 (AED 996 per sqft)Sold, September 2015: AED 784,180 (AED 780 per sqft)Sold, July 2024: AED 498,000 (AED 495 per sqft)Sold, August 2024: AED 980,216 (AED 975 per sqft)

204 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 204, each contractTypical two-bed in Al Ramth 59
40K60K80K2013201720212025Typical rent by year: 2013 AED 39,119; 2017 AED 73,846; 2018 AED 70,000; 2019 AED 75,000; 2020 AED 73,589; 2021 AED 52,000; 2022 AED 56,000; 2023 AED 58,964; 2024 AED 63,756; 2025 AED 78,730; 2026 AED 78,000New contract, July 2013: AED 35,456 a yearNew contract, July 2018: AED 70,000 a yearRenewal, September 2019: AED 70,000 a yearNew contract, February 2022: AED 52,000 a yearRenewal, February 2023: AED 57,200 a yearRenewal, February 2024: AED 60,262 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 59, and where 204 sits

All 22 2-beds →

204 last sold in August 2024 at AED 975 per sqft, 97% above what two-beds in Al Ramth 59 were fetching at the time (AED 495). Over the last 12 months two-beds sold for AED 1,385,863 to 1,478,363, around AED 925 per sqft, and rent for AED 60,500 to 85,000 a year. 204's AED 60,262 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Feb 20261,438,407
19 Jan 20261,423,319
12 Jan 20261,385,863
25 Dec 20251,478,363
4 2-bed sales in the last 12 months

Al Ramth 59

Building

57 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 12 sold in the last 12 months.

Typical price per sqft
AED 916
Typical sale
AED 1.43M
Typical rent
AED 61K /yr
Typical yield
8.8%
Al Ramth 59, Remraam: prices, sales and rents →

Other units on the 2nd floor

All 57 units in Al Ramth 59
Value
2011-bedAED 689K · Oct 2024
2022-bedAED 1.39M · Jan 2026
2032-bedAED 1.42M · Jan 2026
2052-bedAED 980K · Oct 2024
2062-bedAED 1.42M · May 2025
2072-bedAED 1.42M · May 2025
2081-bedAED 665K · Nov 2024
1–7 of 8

204, Al Ramth 59 in numbers

  • Sold 6 times: first on 7 April 2009 for AED 1,338,379, last on 23 August 2024 for AED 980,216 (AED 975 per sqft).
  • Rented since July 2013 on 6 Ejari contracts, from AED 35,456 to AED 60,262 a year.
  • At AED 60,262 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 15,400 a year (AED 15.34 per sqft).
  • Two-beds in Al Ramth 59 sold for AED 1,385,863–1,478,363 in the 12 months to November 2026; the building's median across all types is AED 916 per sqft.

Source: Dubai Land Department. Updated 23 August 2024.

Questions about 204, Al Ramth 59

What did unit 204 last sell for?

AED 980,216 on 23 August 2024: AED 975 per sqft for 1,005 sqft. The unit has 6 registered sales; the first was AED 1,338,379 in April 2009.

What is the rent for unit 204?

AED 60,262 a year on the contract renewed on 17 February 2024. The previous contract, from February 2023, was AED 57,200; the unit has been rented since July 2013.

How big is unit 204?

1,005 sqft (93.4 sqm): a two-bedroom apartment on the 2nd floor of a 6-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 59 sold for AED 1,385,863 to 1,478,363 in the last 12 months, around AED 925 per sqft.

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Mortgage on 204, Al Ramth 59

Starts from the last sale price (AED 980K, 23 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 980,216
Deposit, UAE resident (20%)
AED 196,043
Deposit, non-resident (40%)
AED 392,086
Monthly over 25 years at 3.7%
AED 4,010

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