1-bed · 689 sqftAl Ramth 37, Remraam · 7th floor · completed 2011

706, Al Ramth 37

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 709K21 December 2014
Current rentAED 45K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Al Ramth 37

What is 706 worth today?

Last sold for AED 708,820 in 2014

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1 Nov 2023RentedRenewal
AED 45,000/yr12 months · AED 65 per sqft
1 Nov 2022RentedNew contract
AED 40,000/yr12 months · AED 58 per sqft
13 Mar 2019RentedRenewal
AED 46,000/yr12 months · AED 67 per sqft
18 Mar 2016RentedRenewal
AED 55,000/yr12 months · AED 80 per sqft
18 Mar 2015RentedNew contract
AED 55,000/yr12 months · AED 80 per sqft
21 Dec 2014Sold by developerReady
AED 708,820AED 1,028 per sqft

Source: Dubai Land Department. Updated 1 November 2023.

Key facts

Type
1-bed apartment
Size
689 sqft
Floor
7th of 7
Parking
G-76
Developer
Remraam
Completed
2011
Service charge
AED 10,600 /yr
Last sold
AED 709K · December 2014
Building
Al Ramth 37

About 706, Al Ramth 37

706 is a one-bedroom apartment of 689 sqft on the 7th floor of Al Ramth 37, a 7-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 21 December 2014 for AED 708,820, or AED 1,028 per sqft, 3% above the AED 995 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 45,000 a year: a gross yield of 6.3% on the 2014 price, before the service charge of about AED 10,600 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical one-bed in Al Ramth 37
600K800K2009201420192024Typical sale price by year: 2009 AED 510,300; 2013 AED 656,701; 2014 AED 704,330; 2015 AED 748,000; 2016 AED 794,675; 2017 AED 850,000; 2024 AED 503,000; 2025 AED 635,000Sold by developer, December 2014: AED 708,820 (AED 1,028 per sqft)

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

Rents
Unit 706, each contractTypical one-bed in Al Ramth 37
40K60K2014201820222026Typical rent by year: 2014 AED 48,000; 2015 AED 55,000; 2016 AED 58,000; 2017 AED 55,000; 2018 AED 51,818; 2019 AED 41,000; 2020 AED 34,000; 2021 AED 31,100; 2022 AED 35,000; 2023 AED 43,000; 2024 AED 48,500; 2025 AED 53,000; 2026 AED 56,000New contract, March 2015: AED 55,000 a yearRenewal, March 2016: AED 55,000 a yearRenewal, March 2019: AED 46,000 a yearNew contract, November 2022: AED 40,000 a yearRenewal, November 2023: AED 45,000 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 37, and where 706 sits

All 29 1-beds →

706 last sold in December 2014 at AED 1,028 per sqft, 3% above what one-beds in Al Ramth 37 were fetching at the time (AED 995). 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. 706's AED 45,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Feb 2026640,000
21 Jul 2025685,000
10 Jun 2025635,000
16 Apr 2025680,000
1 1-bed 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 7th floor

All 62 units in Al Ramth 37
Value
7011-bedAED 833K · Jan 2014
7023-bedAED 1.15M · Nov 2023
7032-bedAED 750K · May 2024
7042-bedAED 503K · Jun 2022
7053-bedAED 800K · Nov 2021
707StudioAED 300K · May 2019

706, Al Ramth 37 in numbers

  • Sold once: by Remraam on 21 December 2014 for AED 708,820, or AED 1,028 per sqft.
  • Rented since March 2015 on 5 Ejari contracts. The rent fell from AED 55,000 to AED 40,000 in 2022 and recovered to AED 45,000 by November 2023.
  • At AED 45,000 a year the gross yield on the 2014 price is 6.3%, before a service charge of about AED 10,600 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 1 November 2023.

Questions about 706, Al Ramth 37

What did unit 706 last sell for?

AED 708,820 on 21 December 2014, sold by the developer: AED 1,028 per sqft for 689 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 45,000 a year on the contract renewed on 1 November 2023. The previous contract, from November 2022, was AED 40,000; the unit has been rented since March 2015.

How big is unit 706?

689 sqft (64.0 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower completed in 2011.

What is unit 706 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 706, Al Ramth 37

Starts from the last sale price (AED 709K, 21 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 708,820
Deposit, UAE resident (20%)
AED 141,764
Deposit, non-resident (40%)
AED 283,528
Monthly over 25 years at 3.7%
AED 2,900

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