1-bed · 787 sqftAl Ramth 28, Remraam · 6th floor · completed 2011

602, Al Ramth 28

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 9 July 2024
Last soldAED 650K9 July 2024
Current rentAED 38K /yr1 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Al Ramth 28

What is 602 worth today?

Last sold for AED 650,000 in 2024

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9 Jul 2024SoldReady
AED 650,000AED 826 per sqft
1 Jun 2022RentedNew contract
AED 38,000/yr12 months · AED 48 per sqft
6 Feb 2021RentedRenewal
AED 34,000/yr12 months · AED 43 per sqft
6 Feb 2020RentedNew contract
AED 37,000/yr12 months · AED 47 per sqft
5 Feb 2019RentedNew contract
AED 45,000/yr12 months · AED 57 per sqft
26 Apr 2017RentedRenewal
AED 59,834/yr12 months · AED 76 per sqft
26 Apr 2016RentedNew contract
AED 60,000/yr12 months · AED 76 per sqft
13 Jan 2015Sold by developerReady
AED 785,700AED 998 per sqft

Source: Dubai Land Department. Updated 9 July 2024.

Key facts

Type
1-bed apartment
Size
787 sqft
Floor
6th of 7
Parking
G-130
Developer
Remraam
Completed
2011
Service charge
AED 12,100 /yr
Last sold
AED 650K · July 2024
Building
Al Ramth 28

About 602, Al Ramth 28

602 is a one-bedroom apartment of 787 sqft on the 6th floor of Al Ramth 28, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 9 July 2024 for AED 650,000, or AED 826 per sqft, 46% above the AED 566 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 1 June 2022, is AED 38,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 12,100 a year.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical one-bed in Al Ramth 28
400K600K800K2009201420192024Typical sale price by year: 2009 AED 722,635; 2013 AED 642,579; 2014 AED 699,000; 2015 AED 400,950; 2016 AED 605,000; 2017 AED 640,000; 2023 AED 570,000Sold by developer, January 2015: AED 785,700 (AED 998 per sqft)Sold, July 2024: AED 650,000 (AED 826 per sqft)

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

Rents
Unit 602, each contractTypical one-bed in Al Ramth 28
40K60K2014201820222026Typical rent by year: 2014 AED 55,000; 2015 AED 55,000; 2016 AED 55,165; 2017 AED 57,500; 2018 AED 50,000; 2019 AED 45,500; 2020 AED 36,000; 2021 AED 31,300; 2022 AED 34,000; 2023 AED 40,000; 2024 AED 47,250; 2025 AED 51,300; 2026 AED 52,000New contract, April 2016: AED 60,000 a yearRenewal, April 2017: AED 59,834 a yearNew contract, February 2019: AED 45,000 a yearNew contract, February 2020: AED 37,000 a yearRenewal, February 2021: AED 34,000 a yearNew contract, June 2022: AED 38,000 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 28, and where 602 sits

All 30 1-beds →

602 last sold in July 2024 at AED 826 per sqft, 46% above what one-beds in Al Ramth 28 were fetching at the time (AED 566). 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. 602's AED 38,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Feb 2026750,000
3 Oct 2025730,000
2 Jul 2025700,000
28 May 2024400,000
1 1-bed sale in the last 12 months

Al Ramth 28

Building

77 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%
Al Ramth 28, Remraam: prices, sales and rents →

Other units on the 6th floor

All 77 units in Al Ramth 28
Value
601StudioAED 467K · Oct 2015
6031-bedAED 686K · Jul 2014
6042-bedAED 1.14M · Jul 2014
6051-bedAED 485K · Mar 2019
6061-bedAED 440K · Aug 2019
6072-bedAED 1.08M · May 2015
6081-bedAED 690K · Mar 2017
1–7 of 10

602, Al Ramth 28 in numbers

  • Sold twice: first on 13 January 2015 for AED 785,700, last on 9 July 2024 for AED 650,000 (AED 826 per sqft).
  • Rented since April 2016 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 34,000 in 2021 and recovered to AED 38,000 by June 2022.
  • At AED 38,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 12,100 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 9 July 2024.

Questions about 602, Al Ramth 28

What did unit 602 last sell for?

AED 650,000 on 9 July 2024: AED 826 per sqft for 787 sqft. The unit has 2 registered sales; the first was AED 785,700 in January 2015.

What is the rent for unit 602?

AED 38,000 a year on the contract signed on 1 June 2022. The previous contract, from February 2021, was AED 34,000; the unit has been rented since April 2016.

How big is unit 602?

787 sqft (73.1 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower completed in 2011.

What is unit 602 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 602, Al Ramth 28

Starts from the last sale price (AED 650K, 9 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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