506, Al Ramth 59
Sold prices and rental history: sold 6 times, last in September 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Al Ramth 59
What is 506 worth today?
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Source: Dubai Land Department. Updated 15 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 758 sqft
- Floor
- 5th of 6
- Parking
- G-71
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,600 /yr
- Last sold
- AED 758K · September 2024
- Building
- Al Ramth 59
About 506, Al Ramth 59
506 is a one-bedroom apartment of 758 sqft on the 5th floor of Al Ramth 59, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 16 September 2024 for AED 758,210, or AED 1,000 per sqft, 97% above the AED 508 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 15 July 2026, is AED 62,000 a year: a gross yield of 8.2% on the 2024 price, before the service charge of about AED 11,600 a year.
Sales and rents for 506 over time
506 has sold 6 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 59, and where 506 sits
All 24 1-beds →506 last sold in September 2024 at AED 1,000 per sqft, 97% above what one-beds in Al Ramth 59 were fetching at the time (AED 508). Over the last 12 months one-beds sold for AED 1,043,730 to 1,072,722, around AED 925 per sqft, and rent for AED 48,300 to 66,000 a year. 506's AED 62,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Apr 202621 April 2026 | 1,158 sqft | 1,071,030 | 925 | ||
| 3 Mar 20263 March 2026 | 1,160 sqft | 1,072,722 | 925 | ||
| 4 Feb 20264 February 2026 | 1,160 sqft | 1,043,730 | 900 | ||
| 24 Apr 202524 April 2025 | 1,112 sqft | 1,029,016 | 925 |
Al Ramth 59
Building57 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 12 sold in the last 12 months.
- Typical price per sqft
- AED 916
- Typical sale
- AED 1.43M
- Typical rent
- AED 61K /yr
- Typical yield
- 8.8%
Other units on the 5th floor
All 57 units in Al Ramth 59| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 689 sqft | AED 689KAED 688,890 · Nov 2024November 2024 | 56,000 /yr | |
| 502 | 1-bed | 758 sqft | AED 758KAED 758,210 · Aug 2024August 2024 | 50,000 /yr | |
| 503 | 1-bed | 758 sqft | AED 758KAED 758,210 · Oct 2024October 2024 | 60,000 /yr | |
| 504 | 2-bed | 1,006 sqft | AED 980KAED 980,421 · Nov 2024November 2024 | 75,000 /yr | |
| 505 | 2-bed | 1,006 sqft | AED 980KAED 980,421 · Aug 2024August 2024 | 72,000 /yr | |
| 507 | 1-bed | 758 sqft | AED 758KAED 758,210 · Aug 2024August 2024 | 60,000 /yr | |
| 508 | 1-bed | 665 sqft | AED 665KAED 665,100 · Sep 2024September 2024 | 41,411 /yr | |
| 509 | Studio | 468 sqft | AED 351KAED 351,090 · Dec 2024December 2024 | 40,000 /yr |
506, Al Ramth 59 in numbers
- Sold 6 times: first on 7 April 2009 for AED 1,030,928, last on 16 September 2024 for AED 758,210 (AED 1,000 per sqft).
- Rented since July 2013 on 10 Ejari contracts, from AED 26,740 to AED 62,000 a year.
- At AED 62,000 a year the gross yield on the 2024 price is 8.2%, before a service charge of about AED 11,600 a year (AED 15.34 per sqft).
- One-beds in Al Ramth 59 sold for AED 1,043,730–1,072,722 in the 12 months to November 2026; the building's median across all types is AED 916 per sqft.
Source: Dubai Land Department. Updated 15 July 2026.
Questions about 506, Al Ramth 59
What did unit 506 last sell for?
AED 758,210 on 16 September 2024: AED 1,000 per sqft for 758 sqft. The unit has 6 registered sales; the first was AED 1,030,928 in April 2009.
What is the rent for unit 506?
AED 62,000 a year on the contract signed on 15 July 2026. The previous contract, from March 2025, was AED 62,000; the unit has been rented since July 2013.
How big is unit 506?
758 sqft (70.4 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2011.
What is unit 506 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 59 sold for AED 1,043,730 to 1,072,722 in the last 12 months, around AED 925 per sqft.
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Mortgage on 506, Al Ramth 59
Starts from the last sale price (AED 758K, 16 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 758,210
- Deposit, UAE resident (20%)
- AED 151,642
- Deposit, non-resident (40%)
- AED 303,284
- Monthly over 25 years at 3.7%
- AED 3,102
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →