506, Al Ramth 28
Sold prices and rental history: sold 3 times, last in March 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Al Ramth 28
What is 506 worth today?
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Source: Dubai Land Department. Updated 1 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 684 sqft
- Floor
- 5th of 7
- Parking
- G-123
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 10,500 /yr
- Last sold
- AED 640K · March 2017
- Building
- Al Ramth 28
About 506, Al Ramth 28
506 is a one-bedroom apartment of 684 sqft on the 5th floor of Al Ramth 28, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 29 March 2017 for AED 640,000, or AED 936 per sqft, 6% above the AED 881 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 46,200 a year: a gross yield of 7.2% on the 2017 price, before the service charge of about AED 10,500 a year.
Sales and rents for 506 over time
506 has sold 3 times; 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 28, and where 506 sits
All 30 1-beds →506 last sold in March 2017 at AED 936 per sqft, 6% above what one-beds in Al Ramth 28 were fetching at the time (AED 881). Over the last 12 months one-beds sold for AED 750,000, around AED 1,097 per sqft, and rent for AED 40,700 to 66,000 a year. 506's AED 46,200 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Feb 202623 February 2026 | 684 sqft | 750,000 | 1,097 | ||
| 3 Oct 20253 October 2025 | 768 sqft | 730,000 | 949 | ||
| 2 Jul 20252 July 2025 | 787 sqft | 700,000 | 889 | ||
| 9 Jul 20249 July 2024 | 787 sqft | 650,000 | 826 |
Al Ramth 28
Building77 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 6 sold in the last 12 months.
- Typical price per sqft
- AED 968
- Typical sale
- AED 498K
- Typical rent
- AED 52K /yr
- Typical yield
- 7.7%
Other units on the 5th floor
All 77 units in Al Ramth 28| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 493 sqft | AED 223KAED 222,740 · Feb 2015February 2015 | 42,000 /yr | |
| 502 | 1-bed | 787 sqft | AED 823KAED 822,500 · Apr 2016April 2016 | 55,000 /yr | |
| 503 | 1-bed | 783 sqft | AED 350KAED 350,000 · Nov 2015November 2015 | 60,000 /yr | |
| 504 | 2-bed | 1,001 sqft | AED 1.05MAED 1,046,000 · Jun 2014June 2014 | 65,000 /yr | |
| 505 | 1-bed | 684 sqft | AED 595KAED 595,254 · Jun 2014June 2014 | 43,000 /yr | |
| 507 | 2-bed | 1,001 sqft | AED 900KAED 900,000 · Nov 2024November 2024 | 70,000 /yr | |
| 508 | 1-bed | 783 sqft | AED 341KAED 340,837 · Apr 2014April 2014 | 60,000 /yr | |
| 509 | 1-bed | 787 sqft | AED 822KAED 822,000 · Dec 2014December 2014 | 63,000 /yr | |
| 510 | Studio | 493 sqft | AED 429KAED 429,295 · Nov 2013November 2013 | 28,000 /yr | |
| 511 | Studio | 405 sqft | AED 353KAED 353,035 · Nov 2013November 2013 | 34,000 /yr |
506, Al Ramth 28 in numbers
- Sold 3 times: first on 22 September 2014 for AED 595,254, last on 29 March 2017 for AED 640,000 (AED 936 per sqft).
- Rented since October 2015 on 7 Ejari contracts. The rent fell from AED 55,000 to AED 41,745 in 2025 and recovered to AED 46,200 by August 2025.
- At AED 46,200 a year the gross yield on the 2017 price is 7.2%, before a service charge of about AED 10,500 a year (AED 15.34 per sqft).
- One-beds in Al Ramth 28 sold for AED 750,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 968 per sqft.
Source: Dubai Land Department. Updated 1 August 2025.
Questions about 506, Al Ramth 28
What did unit 506 last sell for?
AED 640,000 on 29 March 2017: AED 936 per sqft for 684 sqft. The unit has 3 registered sales; the first was AED 595,254 in September 2014.
What is the rent for unit 506?
AED 46,200 a year on the contract renewed on 1 August 2025. The previous contract, from August 2025, was AED 41,745; the unit has been rented since October 2015.
How big is unit 506?
684 sqft (63.5 sqm): a one-bedroom apartment on the 5th floor of a 7-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 28 sold for AED 750,000 to 750,000 in the last 12 months, around AED 1,097 per sqft.
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Mortgage on 506, Al Ramth 28
Starts from the last sale price (AED 640K, 29 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 640,000
- Deposit, UAE resident (20%)
- AED 128,000
- Deposit, non-resident (40%)
- AED 256,000
- Monthly over 25 years at 3.7%
- AED 2,618
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →