506, Al Ramth 37
Sold prices and rental history: sold 4 times, last in September 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Al Ramth 37
What is 506 worth today?
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Source: Dubai Land Department. Updated 8 September 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 773 sqft
- Floor
- 5th of 7
- Parking
- G-89
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,900 /yr
- Last sold
- AED 370K · September 2022
- Building
- Al Ramth 37
About 506, Al Ramth 37
506 is a one-bedroom apartment of 773 sqft on the 5th floor of Al Ramth 37, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 8 September 2022 for AED 370,000, or AED 478 per sqft, 10% below the AED 529 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 15 January 2020, is AED 40,000 a year: a gross yield of 10.8% on the 2022 price, before the service charge of about AED 11,900 a year.
Sales and rents for 506 over time
506 has sold 4 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 37, and where 506 sits
All 29 1-beds →506 last sold in September 2022 at AED 478 per sqft, 10% below what one-beds in Al Ramth 37 were fetching at the time (AED 529). Over the last 12 months one-beds sold for AED 640,000, around AED 962 per sqft, and rent for AED 45,000 to 65,000 a year. 506's AED 40,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Feb 202627 February 2026 | 665 sqft | 640,000 | 962 | ||
| 21 Jul 202521 July 2025 | 773 sqft | 685,000 | 885 | ||
| 10 Jun 202510 June 2025 | 755 sqft | 635,000 | 840 | ||
| 16 Apr 202516 April 2025 | 755 sqft | 680,000 | 900 |
Al Ramth 37
Building62 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.
- Typical price per sqft
- AED 980
- Typical sale
- AED 815K
- Typical rent
- AED 57K /yr
- Typical yield
- 7.6%
Other units on the 5th floor
All 62 units in Al Ramth 37| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 665 sqft | AED 662KAED 662,000 · Nov 2014November 2014 | 48,000 /yr | |
| 502 | 1-bed | 755 sqft | AED 400KAED 400,000 · Feb 2022February 2022 | 50,000 /yr | |
| 503 | 1-bed | 773 sqft | AED 770KAED 770,000 · Feb 2015February 2015 | 57,000 /yr | |
| 504 | 2-bed | 1,009 sqft | AED 985KAED 985,000 · Jun 2014June 2014 | 68,400 /yr | |
| 505 | 2-bed | 1,009 sqft | AED 900KAED 900,000 · May 2025May 2025 | 60,666 /yr | |
| 507 | 1-bed | 755 sqft | AED 630KAED 630,000 · Mar 2025March 2025 | 62,000 /yr | |
| 508 | 1-bed | 689 sqft | AED 565KAED 565,000 · Jan 2025January 2025 | 65,000 /yr | |
| 509 | Studio | 387 sqft | AED 400KAED 400,000 · Sep 2026September 2026 | 18,000 /yr |
506, Al Ramth 37 in numbers
- Sold 4 times: first on 3 February 2014 for AED 699,840, last on 8 September 2022 for AED 370,000 (AED 478 per sqft).
- Rented since August 2014 on 6 Ejari contracts, from AED 56,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2022 price is 10.8%, before a service charge of about AED 11,900 a year (AED 15.34 per sqft).
- One-beds in Al Ramth 37 sold for AED 640,000–640,000 in the 12 months to November 2026; the building's median across all types is AED 980 per sqft.
Source: Dubai Land Department. Updated 8 September 2022.
Questions about 506, Al Ramth 37
What did unit 506 last sell for?
AED 370,000 on 8 September 2022: AED 478 per sqft for 773 sqft. The unit has 4 registered sales; the first was AED 699,840 in February 2014.
What is the rent for unit 506?
AED 40,000 a year on the contract signed on 15 January 2020. The previous contract, from January 2019, was AED 45,000; the unit has been rented since August 2014.
How big is unit 506?
773 sqft (71.8 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 37 sold for AED 640,000 to 640,000 in the last 12 months, around AED 962 per sqft.
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Mortgage on 506, Al Ramth 37
Starts from the last sale price (AED 370K, 8 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 370,000
- Deposit, UAE resident (20%)
- AED 74,000
- Deposit, non-resident (40%)
- AED 148,000
- Monthly over 25 years at 3.7%
- AED 1,514
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →