2-bed · 1,161 sqftAl Ramth 59, Remraam · 3rd floor · completed 2011

303, Al Ramth 59

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

Unit 303 · DLD and Ejari recordsUpdated 30 November 2024
Last soldAED 1.13M4 November 2024
Current rentAED 64K /yr30 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Al Ramth 59

What is 303 worth today?

Last sold for AED 1,132,073 in 2024

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30 Nov 2024RentedRenewal
AED 63,811/yr8 months · AED 55 per sqft
4 Nov 2024SoldReady
AED 1,132,073AED 975 per sqft
2 Jul 2024SoldReady
AED 498,000AED 428 per sqft
1 Dec 2023RentedRenewal
AED 58,964/yr12 months · AED 51 per sqft
1 Dec 2022RentedNew contract
AED 56,000/yr12 months · AED 48 per sqft
2 Nov 2017RentedNew contract
AED 75,692/yr13 months · AED 65 per sqft
20 Sep 2015SoldReady
AED 903,787AED 778 per sqft
20 Aug 2014SoldReady
AED 1,159,920AED 998 per sqft

Source: Dubai Land Department. Updated 30 November 2024.

Key facts

Type
2-bed apartment
Size
1,161 sqft
Floor
3rd of 6
Parking
G-50
Developer
Remraam
Completed
2011
Service charge
AED 17,800 /yr
Last sold
AED 1.13M · November 2024
Building
Al Ramth 59

About 303, Al Ramth 59

303 is a two-bedroom apartment of 1,161 sqft on the 3rd floor of Al Ramth 59, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 4 November 2024 for AED 1,132,073, 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 5 Ejari contracts. The current contract, renewed on 30 November 2024, is AED 63,811 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 17,800 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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 1,539,400 (AED 1,325 per sqft)Sold, May 2013: AED 1,159,920 (AED 998 per sqft)Sold, August 2014: AED 1,159,920 (AED 998 per sqft)Sold, September 2015: AED 903,787 (AED 778 per sqft)Sold, July 2024: AED 498,000 (AED 428 per sqft)Sold, November 2024: AED 1,132,073 (AED 975 per sqft)

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

Rents
Unit 303, 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 40,948 a yearNew contract, November 2017: AED 75,692 a yearNew contract, December 2022: AED 56,000 a yearRenewal, December 2023: AED 58,964 a yearRenewal, November 2024: AED 63,811 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 303 sits

All 22 2-beds →

303 last sold in November 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. 303's AED 63,811 is in the lower half 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 3rd floor

All 57 units in Al Ramth 59
Value
3011-bedAED 689K · Sep 2024
3022-bedAED 1.12M · Sep 2024
3042-bedAED 980K · Nov 2024
3052-bedAED 980K · Sep 2024
3062-bedAED 1.13M · Oct 2024
3072-bedAED 1.12M · Aug 2024
3081-bedAED 665K · Sep 2024
1–7 of 8

303, Al Ramth 59 in numbers

  • Sold 6 times: first on 7 April 2009 for AED 1,539,400, last on 4 November 2024 for AED 1,132,073 (AED 975 per sqft).
  • Rented since July 2013 on 5 Ejari contracts, from AED 40,948 to AED 63,811 a year.
  • At AED 63,811 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 17,800 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 30 November 2024.

Questions about 303, Al Ramth 59

What did unit 303 last sell for?

AED 1,132,073 on 4 November 2024: AED 975 per sqft for 1,161 sqft. The unit has 6 registered sales; the first was AED 1,539,400 in April 2009.

What is the rent for unit 303?

AED 63,811 a year on the contract renewed on 30 November 2024. The previous contract, from December 2023, was AED 58,964; the unit has been rented since July 2013.

How big is unit 303?

1,161 sqft (107.9 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2011.

What is unit 303 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 303, Al Ramth 59

Starts from the last sale price (AED 1.13M, 4 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,132,073
Deposit, UAE resident (20%)
AED 226,415
Deposit, non-resident (40%)
AED 452,829
Monthly over 25 years at 3.7%
AED 4,632

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