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2-bed · 1,109 sqftAl Ramth 21, Remraam · 6th floor · completed 2011

604, Al Ramth 21

Sold prices and rental history: sold once, by the developer in February 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 7 March 2022
Last soldAED 1.51M24 February 2014
Current rentAED 48K /yr7 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 604, Al Ramth 21

What is 604 worth today?

Last sold for AED 1,510,300 in 2014

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7 Mar 2022RentedRenewal
AED 48,000/yr13 months · AED 43 per sqft
7 Mar 2021RentedNew contract
AED 40,000/yr12 months · AED 36 per sqft
1 Oct 2020RentedRenewal
AED 50,000/yr12 months · AED 45 per sqft
1 Sep 2019RentedNew contract
AED 55,000/yr13 months · AED 50 per sqft
1 Jul 2018RentedNew contract
AED 62,000/yr12 months · AED 56 per sqft
10 Jun 2017RentedRenewal
AED 78,000/yr12 months · AED 70 per sqft
10 Jun 2016RentedNew contract
AED 78,000/yr12 months · AED 70 per sqft
24 Feb 2014Sold by developerReady
AED 1,510,300AED 1,361 per sqft

Source: Dubai Land Department. Updated 7 March 2022.

Key facts

Type
2-bed apartment
Size
1,109 sqft
Floor
6th of 6
Parking
G-83
Developer
Remraam
Completed
2011
Service charge
AED 17,000 /yr
Last sold
AED 1.51M · February 2014
Building
Al Ramth 21

About 604, Al Ramth 21

604 is a two-bedroom apartment of 1,109 sqft on the 6th floor of Al Ramth 21, a 6-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 24 February 2014 for AED 1,510,300, or AED 1,361 per sqft, in line with the AED 1,361 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 7 March 2022, is AED 48,000 a year: a gross yield of 3.2% on the 2014 price, before the service charge of about AED 17,000 a year.

Sales and rents for 604 over time

Sales
Unit 604, each saleTypical two-bed in Al Ramth 21
1M1.5M2014201720202023Typical sale price by year: 2014 AED 1,369,500; 2015 AED 996,000; 2016 AED 1,175,000; 2023 AED 700,000Sold by developer, February 2014: AED 1,510,300 (AED 1,361 per sqft)

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

Rents
Unit 604, each contractTypical two-bed in Al Ramth 21
40K60K80K2014201820222026Typical rent by year: 2014 AED 73,000; 2015 AED 75,000; 2016 AED 76,000; 2017 AED 76,000; 2018 AED 73,000; 2019 AED 58,000; 2020 AED 53,500; 2021 AED 46,500; 2022 AED 53,500; 2023 AED 70,000; 2024 AED 76,500; 2025 AED 76,500; 2026 AED 68,000New contract, June 2016: AED 78,000 a yearRenewal, June 2017: AED 78,000 a yearNew contract, July 2018: AED 62,000 a yearNew contract, September 2019: AED 55,000 a yearRenewal, October 2020: AED 50,000 a yearNew contract, March 2021: AED 40,000 a yearRenewal, March 2022: AED 48,000 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 21, and where 604 sits

All 20 2-beds →

604 last sold in February 2014 at AED 1,361 per sqft, in line with what two-beds in Al Ramth 21 were fetching at the time (AED 1,361). 604's AED 48,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Dec 20241,050,000
5 Aug 2024825,000
8 Dec 2023700,000
23 Jun 2023780,000
0 2-bed sales in the last 12 months

Al Ramth 21

Building

52 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.

Typical price per sqft
AED 946
Typical sale
AED 735K
Typical rent
AED 60K /yr
Typical yield
7.6%
Al Ramth 21, Remraam: prices, sales and rents →

Other units on the 6th floor

All 52 units in Al Ramth 21
Value
6011-bedAED 615K · May 2025
6021-bedAED 1.05M · Feb 2014
6031-bedAED 735K · Feb 2026
6052-bedAED 1.51M · Feb 2014
6061-bedAED 620K · Jan 2025
6071-bedAED 791K · Jan 2014
6081-bedAED 689K · Dec 2014
1–7 of 8

604, Al Ramth 21 in numbers

  • Sold once: by Remraam on 24 February 2014 for AED 1,510,300, or AED 1,361 per sqft.
  • Rented since June 2016 on 7 Ejari contracts. The rent fell from AED 78,000 to AED 40,000 in 2021 and recovered to AED 48,000 by March 2022.
  • At AED 48,000 a year the gross yield on the 2014 price is 3.2%, before a service charge of about AED 17,000 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 7 March 2022.

Questions about 604, Al Ramth 21

What did unit 604 last sell for?

AED 1,510,300 on 24 February 2014, sold by the developer: AED 1,361 per sqft for 1,109 sqft. It is the only registered sale of the unit.

What is the rent for unit 604?

AED 48,000 a year on the contract renewed on 7 March 2022. The previous contract, from March 2021, was AED 40,000; the unit has been rented since June 2016.

How big is unit 604?

1,109 sqft (103.0 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2011.

What is unit 604 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 604, Al Ramth 21

Starts from the last sale price (AED 1.51M, 24 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,510,300
Deposit, UAE resident (20%)
AED 302,060
Deposit, non-resident (40%)
AED 604,120
Monthly over 25 years at 3.7%
AED 6,179

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