
506, Al Ramth 23
Sold prices and rental history: sold twice, last in October 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Al Ramth 23
What is 506 worth today?
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Source: Dubai Land Department. Updated 1 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 777 sqft
- Floor
- 5th of 5
- Parking
- G-71
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,900 /yr
- Last sold
- AED 365K · October 2020
- Building
- Al Ramth 23
About 506, Al Ramth 23
506 is a one-bedroom apartment of 777 sqft on the 5th floor of Al Ramth 23, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 5 October 2020 for AED 365,000, or AED 469 per sqft.
It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 46,200 a year: a gross yield of 12.7% on the 2020 price, before the service charge of about AED 11,900 a year.
Sales and rents for 506 over time
506 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Al Ramth 23, and where 506 sits
All 20 1-beds →Over the last 12 months one-beds sold for AED 625,000 to 690,000, around AED 954 per sqft, and rent for AED 46,200 to 70,000 a year. 506's AED 46,200 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Aug 202613 August 2026 | 689 sqft | 625,000 | 907 | ||
| 14 Jan 202614 January 2026 | 689 sqft | 690,000 | 1,001 | ||
| 23 Oct 202523 October 2025 | 1,158 sqft | 700,000 | 604 | ||
| 4 Aug 20254 August 2025 | 777 sqft | 665,000 | 856 |
Al Ramth 23
Building45 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.
- Typical price per sqft
- AED 973
- Typical sale
- AED 820K
- Typical rent
- AED 66K /yr
- Typical yield
- 8.0%
Other units on the 5th floor
All 45 units in Al Ramth 23| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 689 sqft | AED 690KAED 690,000 · Jan 2026January 2026 | 58,000 /yr | |
| 502 | 1-bed | 777 sqft | AED 505KAED 505,000 · Oct 2023October 2023 | 35,000 /yr | |
| 503 | 1-bed | 777 sqft | AED 460KAED 460,000 · Jun 2024June 2024 | 65,000 /yr | |
| 504 | 2-bed | 1,109 sqft | AED 1.14MAED 1,140,000 · Jan 2026January 2026 | 67,000 /yr | |
| 505 | 2-bed | 1,109 sqft | AED 1.1MAED 1,104,000 · Jan 2016January 2016 | 80,000 /yr | |
| 507 | 1-bed | 777 sqft | AED 665KAED 665,000 · Aug 2025August 2025 | ||
| 508 | 1-bed | 665 sqft | AED 560KAED 560,000 · Jul 2025July 2025 | 55,000 /yr | |
| 509 | Studio | 468 sqft | AED 564KAED 564,000 · Oct 2014October 2014 | 40,000 /yr |
506, Al Ramth 23 in numbers
- Sold twice: first on 13 November 2014 for AED 773,000, last on 5 October 2020 for AED 365,000 (AED 469 per sqft).
- Rented since December 2014 on 12 Ejari contracts. The rent fell from AED 60,000 to AED 36,000 in 2021 and recovered to AED 46,200 by December 2025.
- At AED 46,200 a year the gross yield on the 2020 price is 12.7%, before a service charge of about AED 11,900 a year (AED 15.34 per sqft).
- One-beds in Al Ramth 23 sold for AED 625,000–690,000 in the 12 months to November 2026; the building's median across all types is AED 973 per sqft.
Source: Dubai Land Department. Updated 1 December 2025.
Questions about 506, Al Ramth 23
What did unit 506 last sell for?
AED 365,000 on 5 October 2020: AED 469 per sqft for 777 sqft. The unit has 2 registered sales; the first was AED 773,000 in November 2014.
What is the rent for unit 506?
AED 46,200 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 42,000; the unit has been rented since December 2014.
How big is unit 506?
777 sqft (72.2 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2011.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Ramth 23 sold for AED 625,000 to 690,000 in the last 12 months, around AED 954 per sqft.
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Mortgage on 506, Al Ramth 23
Starts from the last sale price (AED 365K, 5 October 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 365,000
- Deposit, UAE resident (20%)
- AED 73,000
- Deposit, non-resident (40%)
- AED 146,000
- Monthly over 25 years at 3.7%
- AED 1,493
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →