605, Al Ramth 45
Sold prices and rental history: sold once, by the developer in July 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 605, Al Ramth 45
What is 605 worth today?
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Source: Dubai Land Department. Updated 8 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,115 sqft
- Floor
- 6th of 7
- Parking
- G-86
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 17,100 /yr
- Last sold
- AED 830K · July 2024
- Building
- Al Ramth 45
About 605, Al Ramth 45
605 is a two-bedroom apartment of 1,115 sqft on the 6th floor of Al Ramth 45, a 7-storey tower in Remraam completed in 2011 by Remraam. The developer sold it on 8 July 2024 for AED 830,000, or AED 744 per sqft, 9% above the AED 683 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 24 June 2024, is AED 66,000 a year: a gross yield of 8.0% on the 2024 price, before the service charge of about AED 17,100 a year.
Sales and rents for 605 over time
605 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Al Ramth 45, and where 605 sits
All 15 2-beds →605 last sold in July 2024 at AED 744 per sqft, 9% above what two-beds in Al Ramth 45 were fetching at the time (AED 683). Over the last 12 months two-beds sold for AED 960,000, around AED 861 per sqft, and rent for AED 69,575 to 69,575 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Sep 202423 September 2024 | 1,032 sqft | 830,000 | 803 | ||
| 25 Apr 202425 April 2024 | 1,027 sqft | 740,000 | 720 | ||
| 15 Aug 202315 August 2023 | 1,006 sqft | 650,000 | 646 | ||
| 14 Aug 202314 August 2023 | 1,498 sqft | 825,000 | 550 |
Al Ramth 45
Building58 apartments, studios to 3-bed over 7 floors in Remraam, completed in 2011 by Remraam. 4 sold in the last 12 months.
- Typical price per sqft
- AED 884
- Typical sale
- AED 640K
- Typical rent
- AED 58K /yr
- Typical yield
- 8.7%
Other units on the 6th floor
All 58 units in Al Ramth 45| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 665 sqft | AED 600KAED 600,000 · Jan 2016January 2016 | 55,000 /yr | |
| 603 | 777 sqft | AED 695KAED 695,000 · Aug 2025August 2025 | 54,000 /yr | ||
| 604 | 1,115 sqft | AED 960KAED 960,000 · Nov 2025November 2025 | 73,055 /yr | ||
| 606 | 1-bed | 777 sqft | AED 680KAED 680,262 · Aug 2014August 2014 | 60,000 /yr | |
| 607 | 1-bed | 777 sqft | AED 388KAED 388,000 · Sep 2022September 2022 | ||
| 608 | 1-bed | 689 sqft | AED 689KAED 689,000 · Nov 2014November 2014 | 12,000 /yr | |
| 609 | Studio | 468 sqft | AED 460KAED 460,000 · Dec 2024December 2024 | 22,800 /yr |
605, Al Ramth 45 in numbers
- Sold once: by Remraam on 8 July 2024 for AED 830,000, or AED 744 per sqft.
- Rented since October 2019 on 4 Ejari contracts. The rent fell from AED 60,000 to AED 47,000 in 2020 and recovered to AED 66,000 by June 2024.
- At AED 66,000 a year the gross yield on the 2024 price is 8.0%, before a service charge of about AED 17,100 a year (AED 15.34 per sqft).
- Two-beds in Al Ramth 45 sold for AED 960,000–960,000 in the 12 months to November 2026; the building's median across all types is AED 884 per sqft.
Source: Dubai Land Department. Updated 8 July 2024.
Questions about 605, Al Ramth 45
What did unit 605 last sell for?
AED 830,000 on 8 July 2024, sold by the developer: AED 744 per sqft for 1,115 sqft. It is the only registered sale of the unit.
What is the rent for unit 605?
AED 66,000 a year on the contract signed on 24 June 2024. The previous contract, from June 2022, was AED 57,000; the unit has been rented since October 2019.
How big is unit 605?
1,115 sqft (103.6 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2011.
What is unit 605 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Ramth 45 sold for AED 960,000 to 960,000 in the last 12 months, around AED 861 per sqft.
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Mortgage on 605, Al Ramth 45
Starts from the last sale price (AED 830K, 8 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 830,000
- Deposit, UAE resident (20%)
- AED 166,000
- Deposit, non-resident (40%)
- AED 332,000
- Monthly over 25 years at 3.7%
- AED 3,396
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →