603, Al Ramth 53
Sold prices and rental history: sold 3 times, last in February 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 603, Al Ramth 53
What is 603 worth today?
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Source: Dubai Land Department. Updated 10 July 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 774 sqft
- Floor
- 6th of 6
- Parking
- G-98
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,900 /yr
- Last sold
- AED 791K · February 2015
- Building
- Al Ramth 53
About 603, Al Ramth 53
603 is a one-bedroom apartment of 774 sqft on the 6th floor of Al Ramth 53, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 3 February 2015 for AED 791,175, or AED 1,022 per sqft, 19% above the AED 856 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 10 July 2021, is AED 29,000 a year: a gross yield of 3.7% on the 2015 price, before the service charge of about AED 11,900 a year.
Sales and rents for 603 over time
603 has sold 3 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 53, and where 603 sits
All 24 1-beds →603 last sold in February 2015 at AED 1,022 per sqft, 19% above what one-beds in Al Ramth 53 were fetching at the time (AED 856). Over the last 12 months one-beds sold for AED 605,000 to 780,000, around AED 789 per sqft, and rent for AED 46,200 to 80,000 a year. 603's AED 29,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Sep 202629 September 2026 | 669 sqft | 605,000 | 904 | ||
| 3 Jul 20263 July 2026 | 1,157 sqft | 780,000 | 674 | ||
| 29 Jan 202529 January 2025 | 1,150 sqft | 660,000 | 573 | ||
| 6 Dec 20246 December 2024 | 669 sqft | 540,000 | 807 |
Al Ramth 53
Building57 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.
- Typical price per sqft
- AED 789
- Typical sale
- AED 693K
- Typical rent
- AED 63K /yr
- Typical yield
- 9.5%
Other units on the 6th floor
All 57 units in Al Ramth 53| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 669 sqft | AED 918KAED 918,050 · Apr 2014April 2014 | 50,000 /yr | |
| 602 | 1-bed | 756 sqft | AED 1.03MAED 1,030,925 · Apr 2014April 2014 | 44,100 /yr | |
| 604 | 2-bed | 1,113 sqft | AED 1.27MAED 1,268,318 · Aug 2016August 2016 | ||
| 605 | 2-bed | 1,113 sqft | AED 830KAED 830,000 · Dec 2024December 2024 | 85,000 /yr | |
| 606 | 1-bed | 774 sqft | AED 600KAED 600,000 · Sep 2017September 2017 | 63,000 /yr | |
| 607 | 1-bed | 756 sqft | AED 791KAED 791,175 · Nov 2014November 2014 | 32,000 /yr | |
| 608 | 1-bed | 668 sqft | AED 450KAED 450,000 · Dec 2017December 2017 | 45,000 /yr | |
| 609 | Studio | 402 sqft | AED 418KAED 418,275 · Oct 2013October 2013 | 38,000 /yr |
603, Al Ramth 53 in numbers
- Sold 3 times: first on 8 April 2009 for AED 1,030,928, last on 3 February 2015 for AED 791,175 (AED 1,022 per sqft).
- Rented since December 2016 on 5 Ejari contracts, from AED 55,000 to AED 29,000 a year.
- At AED 29,000 a year the gross yield on the 2015 price is 3.7%, before a service charge of about AED 11,900 a year (AED 15.34 per sqft).
- One-beds in Al Ramth 53 sold for AED 605,000–780,000 in the 12 months to November 2026; the building's median across all types is AED 789 per sqft.
Source: Dubai Land Department. Updated 10 July 2021.
Questions about 603, Al Ramth 53
What did unit 603 last sell for?
AED 791,175 on 3 February 2015: AED 1,022 per sqft for 774 sqft. The unit has 3 registered sales; the first was AED 1,030,928 in April 2009.
What is the rent for unit 603?
AED 29,000 a year on the contract signed on 10 July 2021. The previous contract, from December 2019, was AED 47,500; the unit has been rented since December 2016.
How big is unit 603?
774 sqft (71.9 sqm): a one-bedroom apartment on the 6th floor of a 6-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 53 sold for AED 605,000 to 780,000 in the last 12 months, around AED 789 per sqft.
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Mortgage on 603, Al Ramth 53
Starts from the last sale price (AED 791K, 3 February 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 791,175
- Deposit, UAE resident (20%)
- AED 158,235
- Deposit, non-resident (40%)
- AED 316,470
- Monthly over 25 years at 3.7%
- AED 3,237
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →