1-bed · 777 sqftAl Ramth 59, Remraam · 6th floor · completed 2011

606, Al Ramth 59

Sold prices and rental history: sold 6 times, last in November 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 4 November 2024
Last soldAED 777K4 November 2024
Current rentAED 38K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, Al Ramth 59

What is 606 worth today?

Last sold for AED 776,510 in 2024

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4 Nov 2024SoldReady
AED 776,510AED 1,000 per sqft
2 Jul 2024SoldReady
AED 400,221AED 515 per sqft
1 Nov 2022RentedRenewal
AED 37,950/yr12 months · AED 49 per sqft
1 Nov 2021RentedNew contract
AED 33,000/yr12 months · AED 42 per sqft
9 Feb 2020RentedRenewal
AED 58,356/yr14 months · AED 75 per sqft
9 Jan 2019RentedNew contract
AED 50,000/yr13 months · AED 64 per sqft
1 Dec 2017RentedNew contract
AED 52,615/yr13 months · AED 68 per sqft
20 Sep 2015SoldReady
AED 607,752AED 782 per sqft

Source: Dubai Land Department. Updated 4 November 2024.

Key facts

Type
1-bed apartment
Size
777 sqft
Floor
6th of 6
Parking
G-80
Developer
Remraam
Completed
2011
Service charge
AED 11,900 /yr
Last sold
AED 777K · November 2024
Building
Al Ramth 59

About 606, Al Ramth 59

606 is a one-bedroom apartment of 777 sqft on the 6th floor of Al Ramth 59, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 4 November 2024 for AED 776,510, or AED 1,000 per sqft, 92% above the AED 522 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 37,950 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 11,900 a year.

Sales and rents for 606 over time

Sales
Unit 606, each saleTypical one-bed in Al Ramth 59
500K1M2009201420192024Typical sale price by year: 2009 AED 1,030,928; 2013 AED 786,380; 2014 AED 786,380; 2015 AED 600,350; 2024 AED 480,691; 2025 AED 1,000,000; 2026 AED 1,071,030Sold by developer, April 2009: AED 1,030,928 (AED 1,327 per sqft)Sold, May 2013: AED 791,175 (AED 1,018 per sqft)Sold, August 2014: AED 791,175 (AED 1,018 per sqft)Sold, September 2015: AED 607,752 (AED 782 per sqft)Sold, July 2024: AED 400,221 (AED 515 per sqft)Sold, November 2024: AED 776,510 (AED 1,000 per sqft)

606 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 606, each contractTypical one-bed in Al Ramth 59
40K60K2013201720212025Typical rent by year: 2013 AED 26,740; 2017 AED 50,769; 2018 AED 50,000; 2019 AED 50,000; 2020 AED 53,105; 2021 AED 33,000; 2022 AED 36,800; 2023 AED 40,613; 2024 AED 44,745; 2025 AED 58,000; 2026 AED 59,000New contract, July 2013: AED 27,385 a yearNew contract, December 2017: AED 52,615 a yearNew contract, January 2019: AED 50,000 a yearRenewal, February 2020: AED 58,356 a yearNew contract, November 2021: AED 33,000 a yearRenewal, November 2022: AED 37,950 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 59, and where 606 sits

All 24 1-beds →

606 last sold in November 2024 at AED 1,000 per sqft, 92% above what one-beds in Al Ramth 59 were fetching at the time (AED 522). 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. 606's AED 37,950 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Apr 20261,071,030
3 Mar 20261,072,722
4 Feb 20261,043,730
24 Apr 20251,029,016
3 1-bed sales in the last 12 months

Al Ramth 59

Building

57 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%
Al Ramth 59, Remraam: prices, sales and rents →

Other units on the 6th floor

All 57 units in Al Ramth 59
Value
6011-bedAED 689K · Jan 2025
6021-bedAED 777K · Nov 2024
6031-bedAED 777K · Nov 2024
6042-bedAED 1.08M · Jan 2025
6052-bedAED 1.08M · Oct 2024
6071-bedAED 777K · Oct 2024
6081-bedAED 632K · Sep 2024
1–7 of 8

606, Al Ramth 59 in numbers

  • Sold 6 times: first on 7 April 2009 for AED 1,030,928, last on 4 November 2024 for AED 776,510 (AED 1,000 per sqft).
  • Rented since July 2013 on 6 Ejari contracts, from AED 27,385 to AED 37,950 a year.
  • At AED 37,950 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 11,900 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 4 November 2024.

Questions about 606, Al Ramth 59

What did unit 606 last sell for?

AED 776,510 on 4 November 2024: AED 1,000 per sqft for 777 sqft. The unit has 6 registered sales; the first was AED 1,030,928 in April 2009.

What is the rent for unit 606?

AED 37,950 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 33,000; the unit has been rented since July 2013.

How big is unit 606?

777 sqft (72.2 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2011.

What is unit 606 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 606, Al Ramth 59

Starts from the last sale price (AED 777K, 4 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 776,510
Deposit, UAE resident (20%)
AED 155,302
Deposit, non-resident (40%)
AED 310,604
Monthly over 25 years at 3.7%
AED 3,177

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