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2-bed · 1,204 sqftAl Ramth 15, Remraam · 6th floor · completed 2021

603, Al Ramth 15

Sold prices and rental history: sold once, by the developer in September 2021, and rented once, from October 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 1 October 2022
Last soldAED 1.31M22 September 2021
Current rentAED 66K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 603, Al Ramth 15

What is 603 worth today?

Last sold for AED 1,310,000 in 2021

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1 Oct 2022RentedNew contract
AED 66,000/yr12 months · AED 54 per sqft
22 Sep 2021Sold by developerOff-plan
AED 1,310,000AED 1,087 per sqft

Source: Dubai Land Department. Updated 1 October 2022.

Key facts

Type
2-bed apartment
Size
1,204 sqft
Floor
6th of 6
Parking
A15-G-154
Developer
Remraam
Completed
2021
Service charge
AED 17,900 /yr
Last sold
AED 1.31M · September 2021
Building
Al Ramth 15

About 603, Al Ramth 15

603 is a two-bedroom apartment of 1,204 sqft on the 6th floor of Al Ramth 15, a 6-storey tower in Remraam completed in 2021 by Remraam. The developer sold it on 22 September 2021 for AED 1,310,000, or AED 1,087 per sqft.

One Ejari contract is registered, from 1 October 2022. The current contract, signed on 1 October 2022, is AED 66,000 a year: a gross yield of 5.0% on the 2021 price, before the service charge of about AED 17,900 a year.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical two-bed in Al Ramth 15
1.1M1.2M1.3M2021202320252027Typical sale price by year: 2022 AED 1,120,000; 2024 AED 1,250,000; 2026 AED 1,135,000Sold by developer, September 2021: AED 1,310,000 (AED 1,087 per sqft)

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

Rents
Unit 603, each contractTypical two-bed in Al Ramth 15
60K70K80K202220242026Typical rent by year: 2022 AED 61,000; 2023 AED 65,000; 2024 AED 69,300; 2025 AED 80,000; 2026 AED 80,000New contract, October 2022: AED 66,000 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 15, and where 603 sits

All 32 2-beds →

Over the last 12 months two-beds sold for AED 930,000 to 1,365,000, around AED 1,075 per sqft, and rent for AED 65,331 to 107,509 a year. 603's AED 66,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 20261,350,000
23 Sep 2026930,000
4 Sep 20261,365,000
20 Jul 20261,045,000
6 2-bed sales in the last 12 months

Al Ramth 15

Building

79 apartments, 1-bed to 2-bed over 6 floors in Remraam, completed in 2021 by Remraam. 6 sold in the last 12 months.

Typical price per sqft
AED 1,075
Typical sale
AED 1.09M
Typical rent
AED 56K /yr
Typical yield
8.8%
Al Ramth 15, Remraam: prices, sales and rents →

Other units on the 6th floor

All 79 units in Al Ramth 15
Value
6011-bedAED 715K · Feb 2020
6022-bedAED 1.37M · Sep 2026
6042-bedAED 1.11M · Sep 2022
6052-bedAED 1.11M · Oct 2022
6062-bedAED 1.25M · May 2024
6072-bedAED 1.36M · Aug 2022
6081-bedAED 702K · Aug 2020
1–7 of 8

603, Al Ramth 15 in numbers

  • Sold once: by Remraam on 22 September 2021 for AED 1,310,000, or AED 1,087 per sqft.
  • Rented since October 2022 on one Ejari contract, at AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2021 price is 5.0%, before a service charge of about AED 17,900 a year (AED 14.83 per sqft).
  • Two-beds in Al Ramth 15 sold for AED 930,000–1,365,000 in the 12 months to November 2026; the building's median across all types is AED 1,075 per sqft.

Source: Dubai Land Department. Updated 1 October 2022.

Questions about 603, Al Ramth 15

What did unit 603 last sell for?

AED 1,310,000 on 22 September 2021, sold by the developer: AED 1,087 per sqft for 1,204 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 66,000 a year on the contract signed on 1 October 2022.

How big is unit 603?

1,204 sqft (111.9 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2021.

What is unit 603 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 15 sold for AED 930,000 to 1,365,000 in the last 12 months, around AED 1,075 per sqft.

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Mortgage on 603, Al Ramth 15

Starts from the last sale price (AED 1.31M, 22 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,310,000
Deposit, UAE resident (20%)
AED 262,000
Deposit, non-resident (40%)
AED 524,000
Monthly over 25 years at 3.7%
AED 5,360

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