Studio · 387 sqftAl Ramth 37, Remraam · 6th floor · completed 2011

609, Al Ramth 37

Sold prices and rental history: sold 3 times, last in July 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 12 May 2023
Last soldAED 460K28 July 2015
Current rentAED 33K /yr12 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Al Ramth 37

What is 609 worth today?

Last sold for AED 460,000 in 2015

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12 May 2023RentedNew contract
AED 33,000/yr12 months · AED 85 per sqft
1 May 2021RentedNew contract
AED 18,000/yr12 months · AED 46 per sqft
10 Oct 2019RentedNew contract
AED 24,000/yr12 months · AED 62 per sqft
1 Aug 2017RentedNew contract
AED 38,000/yr12 months · AED 98 per sqft
1 Jul 2017RentedNew contract
AED 45,000/yr12 months · AED 116 per sqft
24 Aug 2015RentedNew contract
AED 46,000/yr12 months · AED 119 per sqft
28 Jul 2015SoldReady
AED 460,000AED 1,188 per sqft
26 Jan 2015SoldReady
AED 468,000AED 1,209 per sqft

Source: Dubai Land Department. Updated 12 May 2023.

Key facts

Type
Studio apartment
Size
387 sqft
Floor
6th of 7
Parking
G-101
Developer
Remraam
Completed
2011
Service charge
AED 5,900 /yr
Last sold
AED 460K · July 2015
Building
Al Ramth 37

About 609, Al Ramth 37

609 is a studio of 387 sqft on the 6th floor of Al Ramth 37, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 28 July 2015 for AED 460,000, or AED 1,188 per sqft, in line with the AED 1,188 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 12 May 2023, is AED 33,000 a year: a gross yield of 7.2% on the 2015 price, before the service charge of about AED 5,900 a year.

Sales and rents for 609 over time

Sales
Unit 609, each saleTypical studio in Al Ramth 37
400K450K2013201420152016Typical sale price by year: 2013 AED 369,431; 2014 AED 387,000; 2015 AED 460,000Sold by developer, July 2014: AED 387,000 (AED 1,000 per sqft)Sold, January 2015: AED 468,000 (AED 1,209 per sqft)Sold, July 2015: AED 460,000 (AED 1,188 per sqft)

609 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 609, each contractTypical studio in Al Ramth 37
20K40K2015201820212024Typical rent by year: 2017 AED 40,500; 2019 AED 30,000; 2021 AED 18,000; 2022 AED 26,000; 2024 AED 36,000; 2025 AED 40,000New contract, August 2015: AED 46,000 a yearNew contract, July 2017: AED 45,000 a yearNew contract, August 2017: AED 38,000 a yearNew contract, October 2019: AED 24,000 a yearNew contract, May 2021: AED 18,000 a yearNew contract, May 2023: AED 33,000 a year

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

Studios in Al Ramth 37, and where 609 sits

All 6 studios →

609 last sold in July 2015 at AED 1,188 per sqft, in line with what studios in Al Ramth 37 were fetching at the time (AED 1,188). Over the last 12 months studios sold for AED 400,000, around AED 1,033 per sqft, and rent for AED 37,000 to 45,000 a year.

Recent studio salesUnit no.Price (AED)Summary
3 Sep 2026400,000
6 Apr 2023275,000
29 Jun 2022245,000
26 May 2019300,000
1 studio sale in the last 12 months

Al Ramth 37

Building

62 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%
Al Ramth 37, Remraam: prices, sales and rents →

Other units on the 6th floor

All 62 units in Al Ramth 37
Value
6011-bedAED 540K · Aug 2024
6021-bedAED 635K · Jun 2025
6031-bedAED 685K · Jul 2025
6042-bedAED 1.09M · May 2026
6052-bedAED 1.1M · Dec 2016
6061-bedAED 774K · Jun 2015
6071-bedAED 680K · Apr 2025
1–7 of 8

609, Al Ramth 37 in numbers

  • Sold 3 times: first on 6 July 2014 for AED 387,000, last on 28 July 2015 for AED 460,000 (AED 1,188 per sqft).
  • Rented since August 2015 on 6 Ejari contracts. The rent fell from AED 46,000 to AED 18,000 in 2021 and recovered to AED 33,000 by May 2023.
  • At AED 33,000 a year the gross yield on the 2015 price is 7.2%, before a service charge of about AED 5,900 a year (AED 15.34 per sqft).
  • Studios in Al Ramth 37 sold for AED 400,000–400,000 in the 12 months to November 2026; the building's median across all types is AED 980 per sqft.

Source: Dubai Land Department. Updated 12 May 2023.

Questions about 609, Al Ramth 37

What did unit 609 last sell for?

AED 460,000 on 28 July 2015: AED 1,188 per sqft for 387 sqft. The unit has 3 registered sales; the first was AED 387,000 in July 2014.

What is the rent for unit 609?

AED 33,000 a year on the contract signed on 12 May 2023. The previous contract, from May 2021, was AED 18,000; the unit has been rented since August 2015.

How big is unit 609?

387 sqft (36.0 sqm): a studio on the 6th floor of a 7-storey tower completed in 2011.

What is unit 609 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Ramth 37 sold for AED 400,000 to 400,000 in the last 12 months, around AED 1,033 per sqft.

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Mortgage on 609, Al Ramth 37

Starts from the last sale price (AED 460K, 28 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 460,000
Deposit, UAE resident (20%)
AED 92,000
Deposit, non-resident (40%)
AED 184,000
Monthly over 25 years at 3.7%
AED 1,882

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