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2-bed · 1,080 sqftAl Ramth 28, Remraam · 6th floor · completed 2011

604, Al Ramth 28

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

Unit 604 · DLD and Ejari recordsUpdated 9 May 2024
Last soldAED 1.14M7 July 2014
Current rentAED 63K /yr9 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 604, Al Ramth 28

What is 604 worth today?

Last sold for AED 1,135,000 in 2014

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9 May 2024RentedRenewal
AED 63,000/yr12 months · AED 59 per sqft
9 May 2024RentedRenewal
AED 63,000/yr12 months · AED 59 per sqft
9 May 2021RentedNew contract
AED 47,000/yr12 months · AED 44 per sqft
30 Sep 2020RentedNew contract
AED 50,000/yr12 months · AED 46 per sqft
24 Aug 2019RentedRenewal
AED 65,000/yr12 months · AED 60 per sqft
24 Aug 2018RentedRenewal
AED 70,000/yr12 months · AED 65 per sqft
24 Aug 2017RentedNew contract
AED 78,000/yr12 months · AED 72 per sqft
10 Aug 2016RentedRenewal
AED 80,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 9 May 2024.

Key facts

Type
2-bed apartment
Size
1,080 sqft
Floor
6th of 7
Parking
G-132
Developer
Remraam
Completed
2011
Service charge
AED 16,600 /yr
Last sold
AED 1.14M · July 2014
Building
Al Ramth 28

About 604, Al Ramth 28

604 is a two-bedroom apartment of 1,080 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 1,135,000, or AED 1,050 per sqft, 25% above the AED 839 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 9 May 2024, is AED 63,000 a year: a gross yield of 5.5% on the 2014 price, before the service charge of about AED 16,600 a year.

Sales and rents for 604 over time

Sales
Unit 604, each saleTypical two-bed in Al Ramth 28
750K1M1.25M20092013201720212025Typical sale price by year: 2009 AED 1,269,992; 2014 AED 1,052,000; 2015 AED 1,046,000; 2024 AED 825,000Sold by developer, July 2014: AED 1,135,000 (AED 1,050 per sqft)

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

Rents
Unit 604, each contractTypical two-bed in Al Ramth 28
40K60K80K2014201820222026Typical rent by year: 2014 AED 80,000; 2015 AED 79,000; 2016 AED 80,000; 2017 AED 80,000; 2018 AED 69,000; 2019 AED 65,000; 2020 AED 50,000; 2021 AED 46,500; 2022 AED 52,000; 2023 AED 58,245; 2024 AED 65,200; 2025 AED 74,980; 2026 AED 85,250New contract, August 2014: AED 80,000 a yearNew contract, August 2015: AED 80,000 a yearRenewal, August 2016: AED 80,000 a yearNew contract, August 2017: AED 78,000 a yearRenewal, August 2018: AED 70,000 a yearRenewal, August 2019: AED 65,000 a yearNew contract, September 2020: AED 50,000 a yearNew contract, May 2021: AED 47,000 a yearRenewal, May 2024: AED 63,000 a yearRenewal, May 2024: AED 63,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Al Ramth 28, and where 604 sits

All 20 2-beds →

604 last sold in July 2014 at AED 1,050 per sqft, 25% above what two-beds in Al Ramth 28 were fetching at the time (AED 839). 604's AED 63,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jun 2025955,000
28 Nov 2024900,000
16 Oct 2024850,000
12 Sep 2024870,000
0 2-bed sales 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
6031-bedAED 686K · 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

604, Al Ramth 28 in numbers

  • Sold once: by Remraam on 7 July 2014 for AED 1,135,000, or AED 1,050 per sqft.
  • Rented since August 2014 on 10 Ejari contracts. The rent fell from AED 80,000 to AED 47,000 in 2021 and recovered to AED 63,000 by May 2024.
  • At AED 63,000 a year the gross yield on the 2014 price is 5.5%, before a service charge of about AED 16,600 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 9 May 2024.

Questions about 604, Al Ramth 28

What did unit 604 last sell for?

AED 1,135,000 on 7 July 2014, sold by the developer: AED 1,050 per sqft for 1,080 sqft. It is the only registered sale of the unit.

What is the rent for unit 604?

AED 63,000 a year on the contract renewed on 9 May 2024. The previous contract, from May 2024, was AED 63,000; the unit has been rented since August 2014.

How big is unit 604?

1,080 sqft (100.3 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2011.

What is unit 604 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 604, Al Ramth 28

Starts from the last sale price (AED 1.14M, 7 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,135,000
Deposit, UAE resident (20%)
AED 227,000
Deposit, non-resident (40%)
AED 454,000
Monthly over 25 years at 3.7%
AED 4,644

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