506, Al Ramth 53
Sold prices and rental history: sold 3 times, last in October 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Al Ramth 53
What is 506 worth today?
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Source: Dubai Land Department. Updated 5 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 755 sqft
- Floor
- 5th of 6
- Parking
- G-92
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 11,600 /yr
- Last sold
- AED 786K · October 2013
- Building
- Al Ramth 53
About 506, Al Ramth 53
506 is a one-bedroom apartment of 755 sqft on the 5th floor of Al Ramth 53, a 6-storey tower in Remraam completed in 2011 by Remraam. It last sold on 2 October 2013 for AED 786,380, or AED 1,041 per sqft, in line with the AED 1,044 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 5 July 2025, is AED 48,000 a year: a gross yield of 6.1% on the 2013 price, before the service charge of about AED 11,600 a year.
Sales and rents for 506 over time
506 has sold 3 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 53, and where 506 sits
All 24 1-beds →506 last sold in October 2013 at AED 1,041 per sqft, in line with what one-beds in Al Ramth 53 were fetching at the time (AED 1,044). 506's AED 48,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jan 202529 January 2025 | 1,150 sqft | 660,000 | 573 | ||
| 6 Dec 20246 December 2024 | 669 sqft | 540,000 | 807 | ||
| 5 Dec 20245 December 2024 | 668 sqft | 540,000 | 808 | ||
| 5 Dec 20245 December 2024 | 668 sqft | 540,000 | 808 |
Al Ramth 53
Building57 apartments, studios to 3-bed over 6 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 57K /yr
- Typical yield
Other units on the 5th floor
All 57 units in Al Ramth 53| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 669 sqft | AED 700KAED 700,280 · Oct 2013October 2013 | 45,000 /yr | |
| 502 | 1-bed | 755 sqft | AED 786KAED 786,380 · Oct 2013October 2013 | 51,500 /yr | |
| 503 | 1-bed | 755 sqft | AED 786KAED 786,380 · Oct 2013October 2013 | 45,738 /yr | |
| 504 | 2-bed | 1,009 sqft | AED 878KAED 878,302 · Oct 2014October 2014 | 59,000 /yr | |
| 505 | 2-bed | 1,009 sqft | AED 600KAED 600,000 · Feb 2024February 2024 | 59,000 /yr | |
| 507 | 1-bed | 755 sqft | AED 786KAED 786,380 · Oct 2013October 2013 | 42,000 /yr | |
| 508 | 1-bed | 668 sqft | AED 700KAED 700,280 · Oct 2013October 2013 | 48,000 /yr | |
| 509 | Studio | 401 sqft | AED 415KAED 415,280 · Oct 2013October 2013 | 31,200 /yr |
506, Al Ramth 53 in numbers
- Sold 3 times: first on 8 April 2009 for AED 1,030,928, last on 2 October 2013 for AED 786,380 (AED 1,041 per sqft).
- Rented since May 2014 on 9 Ejari contracts. The rent fell from AED 55,000 to AED 32,000 in 2021 and recovered to AED 48,000 by July 2025.
- At AED 48,000 a year the gross yield on the 2013 price is 6.1%, before a service charge of about AED 11,600 a year (AED 15.34 per sqft).
Source: Dubai Land Department. Updated 5 July 2025.
Questions about 506, Al Ramth 53
What did unit 506 last sell for?
AED 786,380 on 2 October 2013: AED 1,041 per sqft for 755 sqft. The unit has 3 registered sales; the first was AED 1,030,928 in April 2009.
What is the rent for unit 506?
AED 48,000 a year on the contract renewed on 5 July 2025. The previous contract, from July 2024, was AED 45,000; the unit has been rented since May 2014.
How big is unit 506?
755 sqft (70.1 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.
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Mortgage on 506, Al Ramth 53
Starts from the last sale price (AED 786K, 2 October 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 786,380
- Deposit, UAE resident (20%)
- AED 157,276
- Deposit, non-resident (40%)
- AED 314,552
- Monthly over 25 years at 3.7%
- AED 3,217
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →