1-bed · 783 sqftAl Ramth 28, Remraam · 6th floor · completed 2011

603, Al Ramth 28

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

Unit 603 · DLD and Ejari recordsUpdated 20 December 2021
Last soldAED 686K7 July 2014
Current rentAED 34K /yr20 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Al Ramth 28

What is 603 worth today?

Last sold for AED 685,748 in 2014

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20 Dec 2021RentedRenewal
AED 34,000/yr12 months · AED 43 per sqft
20 Dec 2020RentedNew contract
AED 34,000/yr12 months · AED 43 per sqft
7 Dec 2018RentedNew contract
AED 50,000/yr12 months · AED 64 per sqft
7 Dec 2017RentedNew contract
AED 58,000/yr12 months · AED 74 per sqft
1 Dec 2016RentedNew contract
AED 65,000/yr12 months · AED 83 per sqft
7 Jul 2014Sold by developerReady
AED 685,748AED 876 per sqft

Source: Dubai Land Department. Updated 20 December 2021.

Key facts

Type
1-bed apartment
Size
783 sqft
Floor
6th of 7
Parking
G-131
Developer
Remraam
Completed
2011
Service charge
AED 12,000 /yr
Last sold
AED 686K · July 2014
Building
Al Ramth 28

About 603, Al Ramth 28

603 is a one-bedroom apartment of 783 sqft on the 6th floor of Al Ramth 28, a 7-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 7 July 2014 for AED 685,748, or AED 876 per sqft, in line with the AED 870 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 20 December 2021, is AED 34,000 a year: a gross yield of 5.0% on the 2014 price, before the service charge of about AED 12,000 a year.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical one-bed in Al Ramth 28
400K600K2009201320172021Typical 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, July 2014: AED 685,748 (AED 876 per sqft)

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

Rents
Unit 603, 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, December 2016: AED 65,000 a yearNew contract, December 2017: AED 58,000 a yearNew contract, December 2018: AED 50,000 a yearNew contract, December 2020: AED 34,000 a yearRenewal, December 2021: AED 34,000 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 603 sits

All 30 1-beds →

603 last sold in July 2014 at AED 876 per sqft, in line with what one-beds in Al Ramth 28 were fetching at the time (AED 870). 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. 603's AED 34,000 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
9 Jul 2024650,000
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
6021-bedAED 650K · Jul 2024
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

603, Al Ramth 28 in numbers

  • Sold once: by Remraam on 7 July 2014 for AED 685,748, or AED 876 per sqft.
  • Rented since December 2016 on 5 Ejari contracts, from AED 65,000 to AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2014 price is 5.0%, before a service charge of about AED 12,000 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 20 December 2021.

Questions about 603, Al Ramth 28

What did unit 603 last sell for?

AED 685,748 on 7 July 2014, sold by the developer: AED 876 per sqft for 783 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 34,000 a year on the contract renewed on 20 December 2021. The previous contract, from December 2020, was AED 34,000; the unit has been rented since December 2016.

How big is unit 603?

783 sqft (72.7 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower completed in 2011.

What is unit 603 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 603, Al Ramth 28

Starts from the last sale price (AED 686K, 7 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 685,748
Deposit, UAE resident (20%)
AED 137,150
Deposit, non-resident (40%)
AED 274,299
Monthly over 25 years at 3.7%
AED 2,806

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