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1-bed · 773 sqftAl Ramth 37, Remraam · 5th floor · completed 2011

506, Al Ramth 37

Sold prices and rental history: sold 4 times, last in September 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 8 September 2022
Last soldAED 370K8 September 2022
Current rentAED 40K /yr15 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 506, Al Ramth 37

What is 506 worth today?

Last sold for AED 370,000 in 2022

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8 Sep 2022SoldReady
AED 370,000AED 478 per sqft
15 Jan 2020RentedNew contract
AED 40,000/yr12 months · AED 52 per sqft
24 Oct 2019SoldReady
AED 350,000AED 452 per sqft
15 Jan 2019RentedRenewal
AED 45,000/yr12 months · AED 58 per sqft
15 Jan 2018RentedNew contract
AED 50,000/yr12 months · AED 65 per sqft
10 Nov 2016RentedNew contract
AED 55,000/yr12 months · AED 71 per sqft
20 Aug 2015RentedNew contract
AED 56,000/yr12 months · AED 72 per sqft
20 Aug 2014RentedNew contract
AED 56,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 8 September 2022.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
5th of 7
Parking
G-89
Developer
Remraam
Completed
2011
Service charge
AED 11,900 /yr
Last sold
AED 370K · September 2022
Building
Al Ramth 37

About 506, Al Ramth 37

506 is a one-bedroom apartment of 773 sqft on the 5th floor of Al Ramth 37, a 7-storey tower in Remraam completed in 2011 by Remraam. It last sold on 8 September 2022 for AED 370,000, or AED 478 per sqft, 10% below the AED 529 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 15 January 2020, is AED 40,000 a year: a gross yield of 10.8% on the 2022 price, before the service charge of about AED 11,900 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical one-bed in Al Ramth 37
500K750K2009201420192024Typical sale price by year: 2009 AED 510,300; 2013 AED 656,701; 2014 AED 704,330; 2015 AED 748,000; 2016 AED 794,675; 2017 AED 850,000; 2024 AED 503,000; 2025 AED 635,000Sold by developer, February 2014: AED 699,840 (AED 904 per sqft)Sold, April 2014: AED 800,000 (AED 1,034 per sqft)Sold, October 2019: AED 350,000 (AED 452 per sqft)Sold, September 2022: AED 370,000 (AED 478 per sqft)

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

Rents
Unit 506, each contractTypical one-bed in Al Ramth 37
40K60K20142017202020232026Typical rent by year: 2014 AED 49,000; 2015 AED 55,000; 2016 AED 58,000; 2017 AED 55,000; 2018 AED 51,818; 2019 AED 41,000; 2020 AED 34,500; 2021 AED 31,200; 2022 AED 35,000; 2023 AED 41,000; 2024 AED 47,000; 2025 AED 52,500New contract, August 2014: AED 56,000 a yearNew contract, August 2015: AED 56,000 a yearNew contract, November 2016: AED 55,000 a yearNew contract, January 2018: AED 50,000 a yearRenewal, January 2019: AED 45,000 a yearNew contract, January 2020: AED 40,000 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 37, and where 506 sits

All 29 1-beds →

506 last sold in September 2022 at AED 478 per sqft, 10% below what one-beds in Al Ramth 37 were fetching at the time (AED 529). 506's AED 40,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Jul 2025685,000
10 Jun 2025635,000
16 Apr 2025680,000
18 Mar 2025630,000
0 1-bed sales in the last 12 months

Al Ramth 37

Building

62 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 1 sold in the last 12 months.

Typical price per sqft
AED 981
Typical sale
AED 990K
Typical rent
AED 47K /yr
Typical yield
6.9%
Al Ramth 37, Remraam: prices, sales and rents →

Other units on the 5th floor

All 62 units in Al Ramth 37
Value
5011-bedAED 662K · Nov 2014
5021-bedAED 400K · Feb 2022
5031-bedAED 770K · Feb 2015
5042-bedAED 985K · Jun 2014
5052-bedAED 900K · May 2025
5071-bedAED 630K · Mar 2025
5081-bedAED 565K · Jan 2025
1–7 of 8

506, Al Ramth 37 in numbers

  • Sold 4 times: first on 3 February 2014 for AED 699,840, last on 8 September 2022 for AED 370,000 (AED 478 per sqft).
  • Rented since August 2014 on 6 Ejari contracts, from AED 56,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2022 price is 10.8%, before a service charge of about AED 11,900 a year (AED 15.34 per sqft).

Source: Dubai Land Department. Updated 8 September 2022.

Questions about 506, Al Ramth 37

What did unit 506 last sell for?

AED 370,000 on 8 September 2022: AED 478 per sqft for 773 sqft. The unit has 4 registered sales; the first was AED 699,840 in February 2014.

What is the rent for unit 506?

AED 40,000 a year on the contract signed on 15 January 2020. The previous contract, from January 2019, was AED 45,000; the unit has been rented since August 2014.

How big is unit 506?

773 sqft (71.8 sqm): a one-bedroom apartment on the 5th floor of a 7-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.

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Mortgage on 506, Al Ramth 37

Starts from the last sale price (AED 370K, 8 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 370,000
Deposit, UAE resident (20%)
AED 74,000
Deposit, non-resident (40%)
AED 148,000
Monthly over 25 years at 3.7%
AED 1,514

Plus AED 18,450 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →