609, 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.
Property timeline for 609, Al Ramth 59
What is 609 worth today?
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Source: Dubai Land Department. Updated 1 December 2024.
Key facts
- Type
- Studio apartment
- Size
- 468 sqft
- Floor
- 6th of 6
- Parking
- G-84
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 7,200 /yr
- Last sold
- AED 468K · November 2024
- Building
- Al Ramth 59
About 609, Al Ramth 59
609 is a studio of 468 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 468,450, or AED 1,000 per sqft, 32% above the AED 758 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 1 December 2024, is AED 45,000 a year: a gross yield of 9.6% on the 2024 price, before the service charge of about AED 7,200 a year.
Sales and rents for 609 over time
609 has sold 6 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Al Ramth 59, and where 609 sits
All 5 studios →609 last sold in November 2024 at AED 1,000 per sqft, 32% above what studios in Al Ramth 59 were fetching at the time (AED 758).
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Dec 20244 December 2024 | 468 sqft | 351,338 | 750 | ||
| 4 Dec 20244 December 2024 | 468 sqft | 351,090 | 749 | ||
| 4 Nov 20244 November 2024 | 468 sqft | 468,120 | 999 | ||
| 2 Oct 20242 October 2024 | 468 sqft | 468,450 | 1,000 |
Al Ramth 59
Building57 apartments, studios to 3-bed over 6 floors in Remraam, completed in 2011 by Remraam. 7 sold in the last 12 months.
- Typical price per sqft
- AED 924
- Typical sale
- AED 1.48M
- Typical rent
- AED 56K /yr
- Typical yield
- 8.8%
Other units on the 6th floor
All 57 units in Al Ramth 59| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 689 sqft | AED 689KAED 688,890 · Jan 2025January 2025 | 60,000 /yr | |
| 602 | 1-bed | 777 sqft | AED 777KAED 776,510 · Nov 2024November 2024 | 47,295 /yr | |
| 603 | 1-bed | 777 sqft | AED 777KAED 776,510 · Nov 2024November 2024 | 45,766 /yr | |
| 604 | 2-bed | 1,109 sqft | AED 1.08MAED 1,081,490 · Jan 2025January 2025 | 76,000 /yr | |
| 605 | 2-bed | 1,109 sqft | AED 1.08MAED 1,081,490 · Oct 2024October 2024 | 64,400 /yr | |
| 606 | 1-bed | 777 sqft | AED 777KAED 776,510 · Nov 2024November 2024 | 37,950 /yr | |
| 607 | 1-bed | 777 sqft | AED 777KAED 776,510 · Oct 2024October 2024 | 43,600 /yr | |
| 608 | 1-bed | 665 sqft | AED 632KAED 631,845 · Sep 2024September 2024 | 58,000 /yr |
609, Al Ramth 59 in numbers
- Sold 6 times: first on 7 April 2009 for AED 632,100, last on 4 November 2024 for AED 468,450 (AED 1,000 per sqft).
- Rented since July 2013 on 5 Ejari contracts, from AED 16,520 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2024 price is 9.6%, before a service charge of about AED 7,200 a year (AED 15.34 per sqft).
Source: Dubai Land Department. Updated 1 December 2024.
Questions about 609, Al Ramth 59
What did unit 609 last sell for?
AED 468,450 on 4 November 2024: AED 1,000 per sqft for 468 sqft. The unit has 6 registered sales; the first was AED 632,100 in April 2009.
What is the rent for unit 609?
AED 45,000 a year on the contract signed on 1 December 2024. The previous contract, from January 2024, was AED 31,785; the unit has been rented since July 2013.
How big is unit 609?
468 sqft (43.5 sqm): a studio on the 6th floor of a 6-storey tower completed in 2011.
What is unit 609 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 609, Al Ramth 59
Starts from the last sale price (AED 468K, 4 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 468,450
- Deposit, UAE resident (20%)
- AED 93,690
- Deposit, non-resident (40%)
- AED 187,380
- Monthly over 25 years at 3.7%
- AED 1,917
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →