2-bed · 1,219 sqftAl Ramth 05, Remraam · 5th floor · completed 2021

506, Al Ramth 05

Sold prices and rental history: sold once, by the developer in April 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 5 April 2022
Last soldAED 1.26M5 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Al Ramth 05

What is 506 worth today?

Last sold for AED 1,261,000 in 2022

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5 Apr 2022Sold by developerReady
AED 1,261,000AED 1,034 per sqft

Source: Dubai Land Department. Updated 5 April 2022.

Key facts

Type
2-bed apartment
Size
1,219 sqft
Floor
5th of 5
Parking
A05-G-23
Developer
Remraam
Completed
2021
Service charge
AED 18,100 /yr
Last sold
AED 1.26M · April 2022
Building
Al Ramth 05

About 506, Al Ramth 05

506 is a two-bedroom apartment of 1,219 sqft on the 5th floor of Al Ramth 05, a 5-storey tower in Remraam completed in 2021 by Remraam. The developer sold it on 5 April 2022 for AED 1,261,000, or AED 1,034 per sqft, in line with the AED 1,027 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical two-bed in Al Ramth 05
1.1M1.2M20192021202320252027Typical sale price by year: 2019 AED 1,122,000; 2022 AED 1,236,000; 2024 AED 1,250,000; 2025 AED 1,167,000; 2026 AED 1,260,000Sold by developer, April 2022: AED 1,261,000 (AED 1,034 per sqft)

506 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 506, each contractTypical two-bed in Al Ramth 05
80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 73,000; 2024 AED 75,000; 2025 AED 80,000; 2026 AED 92,000

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 05, and where 506 sits

All 22 2-beds →

506 last sold in April 2022 at AED 1,034 per sqft, in line with what two-beds in Al Ramth 05 were fetching at the time (AED 1,027). Over the last 12 months two-beds sold for AED 1,000,000 to 1,500,000, around AED 1,049 per sqft, and rent for AED 72,765 to 96,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Jul 20261,250,000
10 Jul 20261,000,000
25 Mar 20261,500,000
4 Feb 20261,270,000
5 2-bed sales in the last 12 months

Al Ramth 05

Building

70 apartments, 1-bed to 2-bed over 5 floors in Remraam, completed in 2021 by Remraam. 11 sold in the last 12 months.

Typical price per sqft
AED 1,081
Typical sale
AED 800K
Typical rent
AED 57K /yr
Typical yield
9.0%
Al Ramth 05, Remraam: prices, sales and rents →

Other units on the 5th floor

All 70 units in Al Ramth 05
Value
5011-bedAED 829K · Mar 2022
5022-bedAED 1.32M · Oct 2023
5032-bedAED 1.16M · Jul 2024
5072-bedAED 1.27M · Feb 2026
5081-bedAED 800K · Mar 2026
5091-bedAED 454K · Jun 2018
504A1-bedAED 505K · May 2018
1–7 of 10

506, Al Ramth 05 in numbers

  • Sold once: by Remraam on 5 April 2022 for AED 1,261,000, or AED 1,034 per sqft.
  • Two-beds in Al Ramth 05 sold for AED 1,000,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,081 per sqft.

Source: Dubai Land Department. Updated 5 April 2022.

Questions about 506, Al Ramth 05

What did unit 506 last sell for?

AED 1,261,000 on 5 April 2022, sold by the developer: AED 1,034 per sqft for 1,219 sqft. It is the only registered sale of the unit.

How big is unit 506?

1,219 sqft (113.2 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2021.

What is unit 506 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 05 sold for AED 1,000,000 to 1,500,000 in the last 12 months, around AED 1,049 per sqft.

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Mortgage on 506, Al Ramth 05

Starts from the last sale price (AED 1.26M, 5 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,261,000
Deposit, UAE resident (20%)
AED 252,200
Deposit, non-resident (40%)
AED 504,400
Monthly over 25 years at 3.7%
AED 5,159

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