1-bed · 668 sqftAl Ramth 53, Remraam · 6th floor · completed 2011

608, Al Ramth 53

Sold prices and rental history: sold 4 times, last in December 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 450K13 December 2017
Current rentAED 45K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Al Ramth 53

What is 608 worth today?

Last sold for AED 450,000 in 2017

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1 Feb 2024RentedNew contract
AED 45,000/yr12 months · AED 67 per sqft
25 Sep 2023RentedRenewal
AED 36,000/yr12 months · AED 54 per sqft
25 Sep 2022RentedNew contract
AED 31,000/yr12 months · AED 46 per sqft
1 Sep 2022RentedNew contract
AED 31,000/yr13 months · AED 46 per sqft
1 Sep 2021RentedRenewal
AED 30,000/yr12 months · AED 45 per sqft
1 Sep 2020RentedNew contract
AED 30,000/yr12 months · AED 45 per sqft
1 Aug 2019RentedNew contract
AED 38,000/yr12 months · AED 57 per sqft
10 May 2018RentedNew contract
AED 55,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
1-bed apartment
Size
668 sqft
Floor
6th of 6
Parking
G-103
Developer
Remraam
Completed
2011
Service charge
AED 10,200 /yr
Last sold
AED 450K · December 2017
Building
Al Ramth 53

About 608, Al Ramth 53

608 is a one-bedroom apartment of 668 sqft on the 6th floor of Al Ramth 53, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 13 December 2017 for AED 450,000, or AED 673 per sqft.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 1 February 2024, is AED 45,000 a year: a gross yield of 10.0% on the 2017 price, before the service charge of about AED 10,200 a year.

Sales and rents for 608 over time

Sales
Unit 608, each saleTypical one-bed in Al Ramth 53
500K1M20092013201720212025Typical 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 918,052 (AED 1,374 per sqft)Sold, September 2013: AED 704,550 (AED 1,054 per sqft)Sold, December 2013: AED 704,550 (AED 1,054 per sqft)Sold, December 2017: AED 450,000 (AED 673 per sqft)

608 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 608, each contractTypical one-bed in Al Ramth 53
40K2014201820222026Typical 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, May 2014: AED 55,000 a yearNew contract, May 2015: AED 55,000 a yearRenewal, May 2016: AED 55,000 a yearNew contract, May 2018: AED 55,000 a yearNew contract, August 2019: AED 38,000 a yearNew contract, September 2020: AED 30,000 a yearRenewal, September 2021: AED 30,000 a yearNew contract, September 2022: AED 31,000 a yearNew contract, September 2022: AED 31,000 a yearRenewal, September 2023: AED 36,000 a yearNew contract, February 2024: 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 53, and where 608 sits

All 24 1-beds →

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. 608's AED 45,000 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
6071-bedAED 791K · Nov 2014
1–7 of 8

608, Al Ramth 53 in numbers

  • Sold 4 times: first on 8 April 2009 for AED 918,052, last on 13 December 2017 for AED 450,000 (AED 673 per sqft).
  • Rented since May 2014 on 11 Ejari contracts. The rent fell from AED 55,000 to AED 30,000 in 2021 and recovered to AED 45,000 by February 2024.
  • At AED 45,000 a year the gross yield on the 2017 price is 10.0%, before a service charge of about AED 10,200 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 1 February 2024.

Questions about 608, Al Ramth 53

What did unit 608 last sell for?

AED 450,000 on 13 December 2017: AED 673 per sqft for 668 sqft. The unit has 4 registered sales; the first was AED 918,052 in April 2009.

What is the rent for unit 608?

AED 45,000 a year on the contract signed on 1 February 2024. The previous contract, from September 2023, was AED 36,000; the unit has been rented since May 2014.

How big is unit 608?

668 sqft (62.1 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2011.

What is unit 608 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 608, Al Ramth 53

Starts from the last sale price (AED 450K, 13 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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