506, Al Ramth 41
Sold prices and rental history: sold twice, last in December 2022, and rented once, from March 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Al Ramth 41
What is 506 worth today?
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Source: Dubai Land Department. Updated 29 March 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 774 sqft
- Floor
- 5th of 5
- Parking
- G-89
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,900 /yr
- Last sold
- AED 355K · December 2022
- Building
- Al Ramth 41
About 506, Al Ramth 41
506 is a one-bedroom apartment of 774 sqft on the 5th floor of Al Ramth 41, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 21 December 2022 for AED 355,236, or AED 459 per sqft.
One Ejari contract is registered, from 29 March 2023. The current contract, signed on 29 March 2023, is AED 47,000 a year: a gross yield of 13.2% on the 2022 price, before the service charge of about AED 11,900 a year.
Sales and rents for 506 over time
506 has sold twice; 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 41, and where 506 sits
All 21 1-beds →| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202416 October 2024 | 669 sqft | 500,000 | 747 | ||
| 2 Sep 20242 September 2024 | 1,156 sqft | 680,000 | 587 | ||
| 10 Jun 202410 June 2024 | 1,150 sqft | 620,000 | 539 | ||
| 23 May 202423 May 2024 | 774 sqft | 520,000 | 671 |
Al Ramth 41
Building43 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 58K /yr
- Typical yield
Other units on the 5th floor
All 43 units in Al Ramth 41| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 669 sqft | AED 583KAED 583,397 · Oct 2013October 2013 | 45,000 /yr | |
| 502 | 1-bed | 774 sqft | AED 520KAED 520,000 · May 2024May 2024 | 38,000 /yr | |
| 503 | 1-bed | 774 sqft | AED 582KAED 582,000 · Mar 2024March 2024 | 60,000 /yr | |
| 504 | 2-bed | 1,113 sqft | AED 1.11MAED 1,107,000 · Mar 2015March 2015 | 72,000 /yr | |
| 505 | 2-bed | 1,113 sqft | AED 900KAED 900,000 · Dec 2024December 2024 | 44,000 /yr | |
| 508 | 1-bed | 668 sqft | AED 498KAED 498,246 · Jul 2014July 2014 | 34,000 /yr | |
| 509 | Studio | 401 sqft | AED 445KAED 445,000 · Mar 2025March 2025 | 46,500 /yr |
506, Al Ramth 41 in numbers
- Sold twice: first on 16 November 2014 for AED 673,892, last on 21 December 2022 for AED 355,236 (AED 459 per sqft).
- Rented since March 2023 on one Ejari contract, at AED 47,000 a year.
- At AED 47,000 a year the gross yield on the 2022 price is 13.2%, before a service charge of about AED 11,900 a year (AED 15.34 per sqft).
Source: Dubai Land Department. Updated 29 March 2023.
Questions about 506, Al Ramth 41
What did unit 506 last sell for?
AED 355,236 on 21 December 2022: AED 459 per sqft for 774 sqft. The unit has 2 registered sales; the first was AED 673,892 in November 2014.
What is the rent for unit 506?
AED 47,000 a year on the contract signed on 29 March 2023.
How big is unit 506?
774 sqft (71.9 sqm): a one-bedroom apartment on the 5th floor of a 5-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 41
Starts from the last sale price (AED 355K, 21 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 355,236
- Deposit, UAE resident (20%)
- AED 71,047
- Deposit, non-resident (40%)
- AED 142,094
- Monthly over 25 years at 3.7%
- AED 1,453
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →