1-bed · 777 sqftAl Ramth 23, Remraam · 5th floor · completed 2011

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.

Unit 506 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 365K5 October 2020
Current rentAED 46K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Al Ramth 23

What is 506 worth today?

Last sold for AED 365,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Dec 2025RentedRenewal
AED 46,200/yr12 months · AED 60 per sqft
1 Dec 2024RentedRenewal
AED 42,000/yr12 months · AED 54 per sqft
1 Dec 2023RentedRenewal
AED 42,000/yr12 months · AED 54 per sqft
1 Dec 2022RentedRenewal
AED 39,000/yr12 months · AED 50 per sqft
1 Dec 2021RentedRenewal
AED 36,000/yr12 months · AED 46 per sqft
1 Dec 2020RentedNew contract
AED 36,000/yr12 months · AED 46 per sqft
5 Oct 2020SoldReady
AED 365,000AED 469 per sqft
1 Dec 2019RentedNew contract
AED 45,000/yr12 months · AED 58 per sqft

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

Sales
Unit 506, each saleTypical one-bed in Al Ramth 23
400K600K800K2013201720212025Typical sale price by year: 2013 AED 734,009; 2014 AED 677,938; 2015 AED 713,500; 2025 AED 575,000Sold by developer, November 2014: AED 773,000 (AED 995 per sqft)Sold, October 2020: AED 365,000 (AED 469 per sqft)

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

Rents
Unit 506, each contractTypical one-bed in Al Ramth 23
40K60K2014201820222026Typical rent by year: 2014 AED 50,000; 2015 AED 55,000; 2016 AED 56,500; 2017 AED 57,000; 2018 AED 50,000; 2019 AED 42,000; 2020 AED 37,000; 2021 AED 29,500; 2022 AED 32,500; 2023 AED 37,100; 2024 AED 42,000; 2025 AED 57,000; 2026 AED 61,500New contract, December 2014: AED 60,000 a yearRenewal, December 2015: AED 60,000 a yearRenewal, December 2016: AED 60,000 a yearRenewal, December 2017: AED 56,000 a yearRenewal, December 2018: AED 50,000 a yearNew contract, December 2019: AED 45,000 a yearNew contract, December 2020: AED 36,000 a yearRenewal, December 2021: AED 36,000 a yearRenewal, December 2022: AED 39,000 a yearRenewal, December 2023: AED 42,000 a yearRenewal, December 2024: AED 42,000 a yearRenewal, December 2025: AED 46,200 a year

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 salesUnit no.Price (AED)Summary
13 Aug 2026625,000
14 Jan 2026690,000
23 Oct 2025700,000
4 Aug 2025665,000
2 1-bed sales in the last 12 months

Al Ramth 23

Building

45 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%
Al Ramth 23, Remraam: prices, sales and rents →

Other units on the 5th floor

All 45 units in Al Ramth 23
Value
5011-bedAED 690K · Jan 2026
5021-bedAED 505K · Oct 2023
5031-bedAED 460K · Jun 2024
5042-bedAED 1.14M · Jan 2026
5052-bedAED 1.1M · Jan 2016
5071-bedAED 665K · Aug 2025
5081-bedAED 560K · Jul 2025
1–7 of 8

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.

Selling 506? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

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 →