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2-bed · 1,218 sqftAl Ramth 15, Remraam · 6th floor · completed 2021

606, Al Ramth 15

Sold prices and rental history: sold 3 times, last in May 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 29 May 2024
Last soldAED 1.25M29 May 2024
Current rentAED 70K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 606, Al Ramth 15

What is 606 worth today?

Last sold for AED 1,250,000 in 2024

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29 May 2024SoldReady
AED 1,250,000AED 1,025 per sqft
29 May 2024SoldReady
AED 1,250,000AED 1,025 per sqft
1 Sep 2023RentedRenewal
AED 70,000/yr12 months · AED 57 per sqft
19 Sep 2022Sold by developerReady
AED 1,284,000AED 1,053 per sqft
1 Sep 2022RentedNew contract
AED 70,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 29 May 2024.

Key facts

Type
2-bed apartment
Size
1,218 sqft
Floor
6th of 6
Parking
A15-G-157
Developer
Remraam
Completed
2021
Service charge
AED 18,100 /yr
Last sold
AED 1.25M · May 2024
Building
Al Ramth 15

About 606, Al Ramth 15

606 is a two-bedroom apartment of 1,218 sqft on the 6th floor of Al Ramth 15, a 6-storey tower in Remraam completed in 2021 by Remraam. It last sold on 29 May 2024 for AED 1,250,000, or AED 1,025 per sqft.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 70,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 18,100 a year.

Sales and rents for 606 over time

Sales
Unit 606, each saleTypical two-bed in Al Ramth 15
1.1M1.2M1.3M202220242026Typical sale price by year: 2022 AED 1,120,000; 2024 AED 1,250,000; 2026 AED 1,135,000Sold by developer, September 2022: AED 1,284,000 (AED 1,053 per sqft)Sold, May 2024: AED 1,250,000 (AED 1,025 per sqft)Sold, May 2024: AED 1,250,000 (AED 1,025 per sqft)

606 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 606, 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, September 2022: AED 70,000 a yearRenewal, September 2023: AED 70,000 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 606 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. 606's AED 70,000 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
6032-bedAED 1.31M · Sep 2021
6042-bedAED 1.11M · Sep 2022
6052-bedAED 1.11M · Oct 2022
6072-bedAED 1.36M · Aug 2022
6081-bedAED 702K · Aug 2020
1–7 of 8

606, Al Ramth 15 in numbers

  • Sold 3 times: first on 19 September 2022 for AED 1,284,000, last on 29 May 2024 for AED 1,250,000 (AED 1,025 per sqft).
  • Rented since September 2022 on 2 Ejari contracts, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 18,100 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 29 May 2024.

Questions about 606, Al Ramth 15

What did unit 606 last sell for?

AED 1,250,000 on 29 May 2024: AED 1,025 per sqft for 1,218 sqft. The unit has 3 registered sales; the first was AED 1,284,000 in September 2022.

What is the rent for unit 606?

AED 70,000 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 70,000.

How big is unit 606?

1,218 sqft (113.2 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2021.

What is unit 606 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 606, Al Ramth 15

Starts from the last sale price (AED 1.25M, 29 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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