1-bed · 756 sqftAl Ramth 53, Remraam · 6th floor · completed 2011

607, Al Ramth 53

Sold prices and rental history: sold 3 times, last in November 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 15 August 2022
Last soldAED 791K25 November 2014
Current rentAED 32K /yr15 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Al Ramth 53

What is 607 worth today?

Last sold for AED 791,175 in 2014

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15 Aug 2022RentedNew contract
AED 32,000/yr12 months · AED 42 per sqft
1 Feb 2021RentedRenewal
AED 32,000/yr12 months · AED 42 per sqft
1 Feb 2020RentedNew contract
AED 39,000/yr12 months · AED 52 per sqft
20 Dec 2018RentedRenewal
AED 50,000/yr12 months · AED 66 per sqft
20 Dec 2017RentedRenewal
AED 58,000/yr12 months · AED 77 per sqft
20 Dec 2016RentedRenewal
AED 58,000/yr12 months · AED 77 per sqft
20 Dec 2015RentedRenewal
AED 58,000/yr12 months · AED 77 per sqft
20 Dec 2014RentedNew contract
AED 58,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 15 August 2022.

Key facts

Type
1-bed apartment
Size
756 sqft
Floor
6th of 6
Parking
G-102
Developer
Remraam
Completed
2011
Service charge
AED 11,600 /yr
Last sold
AED 791K · November 2014
Building
Al Ramth 53

About 607, Al Ramth 53

607 is a one-bedroom apartment of 756 sqft on the 6th floor of Al Ramth 53, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 25 November 2014 for AED 791,175, or AED 1,047 per sqft, 42% above the AED 736 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 15 August 2022, is AED 32,000 a year: a gross yield of 4.0% on the 2014 price, before the service charge of about AED 11,600 a year.

Sales and rents for 607 over time

Sales
Unit 607, each saleTypical one-bed in Al Ramth 53
500K750K1M20092013201720212025Typical sale price by year: 2009 AED 1,030,928; 2012 AED 786,380; 2013 AED 786,380; 2014 AED 812,160; 2015 AED 681,669; 2023 AED 517,045; 2024 AED 540,000Sold by developer, April 2009: AED 1,030,928 (AED 1,364 per sqft)Sold, November 2014: AED 791,175 (AED 1,047 per sqft)Sold, November 2014: AED 791,175 (AED 1,047 per sqft)

607 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 607, each contractTypical one-bed in Al Ramth 53
40K60K2014201820222026Typical rent by year: 2014 AED 55,000; 2015 AED 55,000; 2016 AED 55,000; 2017 AED 55,000; 2018 AED 50,000; 2019 AED 45,000; 2020 AED 38,000; 2021 AED 30,000; 2022 AED 31,000; 2023 AED 40,000; 2024 AED 45,000; 2025 AED 54,000; 2026 AED 50,400New contract, December 2014: AED 58,000 a yearRenewal, December 2015: AED 58,000 a yearRenewal, December 2016: AED 58,000 a yearRenewal, December 2017: AED 58,000 a yearRenewal, December 2018: AED 50,000 a yearNew contract, February 2020: AED 39,000 a yearRenewal, February 2021: AED 32,000 a yearNew contract, August 2022: AED 32,000 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 53, and where 607 sits

All 24 1-beds →

607 last sold in November 2014 at AED 1,047 per sqft, 42% above what one-beds in Al Ramth 53 were fetching at the time (AED 736). 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. 607's AED 32,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Sep 2026605,000
3 Jul 2026780,000
29 Jan 2025660,000
6 Dec 2024540,000
2 1-bed sales in the last 12 months

Al Ramth 53

Building

57 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%
Al Ramth 53, Remraam: prices, sales and rents →

Other units on the 6th floor

All 57 units in Al Ramth 53
Value
6011-bedAED 918K · Apr 2014
6021-bedAED 1.03M · Apr 2014
6031-bedAED 791K · Feb 2015
6042-bedAED 1.27M · Aug 2016
6052-bedAED 830K · Dec 2024
6061-bedAED 600K · Sep 2017
6081-bedAED 450K · Dec 2017
1–7 of 8

607, Al Ramth 53 in numbers

  • Sold 3 times: first on 8 April 2009 for AED 1,030,928, last on 25 November 2014 for AED 791,175 (AED 1,047 per sqft).
  • Rented since December 2014 on 8 Ejari contracts, from AED 58,000 to AED 32,000 a year.
  • At AED 32,000 a year the gross yield on the 2014 price is 4.0%, before a service charge of about AED 11,600 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 15 August 2022.

Questions about 607, Al Ramth 53

What did unit 607 last sell for?

AED 791,175 on 25 November 2014: AED 1,047 per sqft for 756 sqft. The unit has 3 registered sales; the first was AED 1,030,928 in April 2009.

What is the rent for unit 607?

AED 32,000 a year on the contract signed on 15 August 2022. The previous contract, from February 2021, was AED 32,000; the unit has been rented since December 2014.

How big is unit 607?

756 sqft (70.2 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2011.

What is unit 607 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 607, Al Ramth 53

Starts from the last sale price (AED 791K, 25 November 2014). 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 →