306, Al Ramth 59
Sold prices and rental history: sold 6 times, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Al Ramth 59
What is 306 worth today?
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Source: Dubai Land Department. Updated 2 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,161 sqft
- Floor
- 3rd of 6
- Parking
- G-53
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 17,800 /yr
- Last sold
- AED 1.13M · October 2024
- Building
- Al Ramth 59
About 306, Al Ramth 59
306 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 2 October 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 8 Ejari contracts. The current contract, renewed on 21 September 2024, is AED 64,733 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 17,800 a year.
Sales and rents for 306 over time
306 has sold 6 times; the dashed line is the two-bed median of each year in the building.
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 306 sits
All 22 2-beds →306 last sold in October 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. 306's AED 64,733 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Feb 202619 February 2026 | 1,598 sqft | 1,438,407 | 900 | ||
| 19 Jan 202619 January 2026 | 1,498 sqft | 1,423,319 | 950 | ||
| 12 Jan 202612 January 2026 | 1,498 sqft | 1,385,863 | 925 | ||
| 25 Dec 202525 December 2025 | 1,598 sqft | 1,478,363 | 925 |
Al Ramth 59
Building57 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%
Other units on the 3rd floor
All 57 units in Al Ramth 59| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 689 sqft | AED 689KAED 688,890 · Sep 2024September 2024 | 48,300 /yr | |
| 302 | 2-bed | 1,149 sqft | AED 1.12MAED 1,120,635 · Sep 2024September 2024 | 60,700 /yr | |
| 303 | 2-bed | 1,161 sqft | AED 1.13MAED 1,132,073 · Nov 2024November 2024 | 63,811 /yr | |
| 304 | 2-bed | 1,005 sqft | AED 980KAED 980,216 · Nov 2024November 2024 | 82,000 /yr | |
| 305 | 2-bed | 1,005 sqft | AED 980KAED 980,217 · Sep 2024September 2024 | 81,000 /yr | |
| 307 | 2-bed | 1,149 sqft | AED 1.12MAED 1,120,636 · Aug 2024August 2024 | 95,000 /yr | |
| 308 | 1-bed | 665 sqft | AED 665KAED 665,101 · Sep 2024September 2024 | 58,000 /yr | |
| 309 | Studio | 468 sqft | AED 351KAED 351,338 · Dec 2024December 2024 | 40,000 /yr |
306, Al Ramth 59 in numbers
- Sold 6 times: first on 7 April 2009 for AED 1,539,400, last on 2 October 2024 for AED 1,132,073 (AED 975 per sqft).
- Rented since July 2013 on 8 Ejari contracts, from AED 40,948 to AED 64,733 a year.
- At AED 64,733 a year the gross yield on the 2024 price is 5.7%, 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 2 October 2024.
Questions about 306, Al Ramth 59
What did unit 306 last sell for?
AED 1,132,073 on 2 October 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 306?
AED 64,733 a year on the contract renewed on 21 September 2024. The previous contract, from September 2023, was AED 61,967; the unit has been rented since July 2013.
How big is unit 306?
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 306 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 306, Al Ramth 59
Starts from the last sale price (AED 1.13M, 2 October 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 →